Abstract
This paper examines the simultaneous determinants of employment and wage rates for people of working age in New Zealand. The determinants are as anticipated and similar to results in other countries. In addition to the effects of the usual variables (such as, education, age, family composition), it is found that unemployment affects the probability of employment negatively, but has no effect on wage rates, living with one's parents decreases the employment probability of singles but increases it for sole parents, and the change in the age of eligibility for the New Zealand Superannuation affects the employment decision, indicating that individuals reacted to incentives to participate at an older age.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
