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What Would The Average Public Sector Employee Be Paid In The Private Sector?, Peter M. Siminski
What Would The Average Public Sector Employee Be Paid In The Private Sector?, Peter M. Siminski
Faculty of Business - Economics Working Papers
This paper estimates the average Australian public sector wage premium. It includes a detailed critical review of the methods available to address this issue. The chosen approach is a quasi‐differenced panel data model, estimated by the Generalised Method of Moments, which has many advantages over other methods and has not been used before for this topic. I find a positive average public sector wage premium for both sexes. The best estimates are 6.7% for men and 10.5% for women. The estimate is statistically significant for men (p = 0.024) and for women (p < 0.001). No evidence is found to suggest that the public sector has an equalising effect on the wages of its workers.
The Australian Labour Market In 2007, Martin O'Brien, Abbas Valadkhani, K. Townsend
The Australian Labour Market In 2007, Martin O'Brien, Abbas Valadkhani, K. Townsend
Faculty of Business - Economics Working Papers
Both global and domestic economic growth remained robust in 2007 resulting in historically low unemployment and high labour force participation in Australia. However, these favourable labour force statistics were overshadowed for much of the year by a number of other issues such as the continuing drought, high oil and petrol prices and associated inflation and interest rate pressures, a November federal election, and the first full year of the operation of the Work Choices legislation. This article will address each of these issues by presenting an analysis of the macroeconomy and labour market, and reviewing the labour market implications of …
Social Innovation: Buzz Word Or Enduring Term?, Simon Ville, Eduardo Pol
Social Innovation: Buzz Word Or Enduring Term?, Simon Ville, Eduardo Pol
Faculty of Business - Economics Working Papers
One of the striking features of our society is the incessant urge for the creation, adoption and diffusion of innovations. Innovation takes many forms: technological, organizational, social, artistic, for example. The term ‘social innovation’ has come into common parlance in recent years. Some analysts consider social innovation no more than a buzz word or passing fad that is too vague to be usefully applied to academic scholarship. Some social scientists, however, see significant value in the concept of social innovation because it identifies a critical type of innovation. In this paper we suggest a working definition of social innovation that …
Travail To No Avail? Working Poverty In Australia, D. Robson, Joan Rodgers
Travail To No Avail? Working Poverty In Australia, D. Robson, Joan Rodgers
Faculty of Business - Economics Working Papers
During the last decade or so Australia has experienced high rates of economic growth and low levels of unemployment, conditions that are expected to impact favourably on working people at the lower end of the income distribution. But similar conditions in other countries have been accompanied by unexpectedly high rates of poverty among working people and their dependents. This paper investigates the extent and nature of working poverty in Australia. Its aim is to determine whether or not working poverty is the “new face of poverty in post-industrial Australia”.