By Forman S. Acton
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3. The first two rows in the table report the transition matrix of hourly earnings for the 1993–95 and 1995–98 transitions respectively. 9 per cent. 23 Origin state (1) transition 1993–95 1st quintile (2) transition 1995–98 1st quintile (3) pooled transitions 1st quintile (4) pooled transitions 3rd decile (5) pooled transitions 1st quintile (6) pooled transitions 1st quintile high pay low pay high pay low pay high pay low pay high pay low pay high pay low pay high pay low pay No. of Part-time Self- Unempl.
While only 6 per cent overall said they had used these lower rates the figure was higher in certain sectors, such as the Retail and Hotel sectors. Nevertheless, even in these sectors the percentage was below 15 per cent. Changes in employment after the legislation It is clear from these tables that the wage structure changed substantially between 1999 and 2001. Part of this change reflects the introduction of the minimum wage over this period, though part also reflects general wage growth in the economy.
Stewart and Swaffield (1999) use indicators of parental education and occupation. 13 A set of 10 dummies for manual occupation, non employment, education equal to or greater than high school and missing information on education or occupation was derived for each parent and has been used as instrument. In addition, as pointed out by Stewart and Swaffield (1999), a quadratic term in experience (which enters the equation for initial low pay) can be excluded from the equation for low pay transition given its interpretation of wage change equation.
Analysis of Straight-Line Data (Wiley Publication in Applied Statistics) by Forman S. Acton