Economics at your fingertips  

The Evolving Wage Structure of Young Adults in Australia: 2001 to 2019

Elisa R. Birch and Alison C. Preston

The Economic Record, 2021, vol. 97, issue 318, 365-386

Abstract: Using data from the Household, Income and Labour Dynamics in Australia (HILDA) survey together with OLS and quantile regressions, this paper examines the changing returns to education and the evolving wage structure of young adults (aged 25–34 years) between 2001 and 2019. Estimates show that real wage growth was strong for both males and females over the 2000s, underpinned by wage structure effects. Between 2010/11 and 2018/19 wage growth was flat (zero) for males and subdued for females. Institutional factors are thought to underpin the growth in wages of low‐paid females over recent years, while education investments underpin recent wage growth amongst high‐paid females. Since 2001/2 the wage premium on a degree qualification has declined for males and females. There has been no change in the adjusted gender wage gap across successive cohorts of 25–34 year olds.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0249

Access Statistics for this article

The Economic Record is currently edited by Paul Miller, Glenn Otto and Martin Richardson

More articles in The Economic Record from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2022-05-28
Handle: RePEc:bla:ecorec:v:97:y:2021:i:318:p:365-386