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Market and spillover forces in wage award determination in Australia: 1986 to 1997

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  • Alison Preston

Abstract

This paper examines the role of market and spillover forces in wage award determination in Australia. The results show, consistent with other similar studies, that wage awards are only weakly related to market forces. In the period studied (1986 to 1997) spillover forces emerge as the dominant determinant of award wage adjustments. The results thus provide some empirical evidence for phenomenon such as wage rigidity.

Suggested Citation

  • Alison Preston, 2000. "Market and spillover forces in wage award determination in Australia: 1986 to 1997," Applied Economics, Taylor & Francis Journals, vol. 32(15), pages 1957-1965.
    • Handle: RePEc:taf:applec:v:32:y:2000:i:15:p:1957-1965
    DOI: 10.1080/00036840050155887
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    References listed on IDEAS

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    1. Rees, Albert, 1993. "The Role of Fairness in Wage Determination," Journal of Labor Economics, University of Chicago Press, vol. 11(1), pages 243-252, January.
    2. Alison Preston, 1997. "Where Are We Now With Human Capital Theory in Australia?," The Economic Record, The Economic Society of Australia, vol. 73(220), pages 51-78, March.
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