Journal for Labour Market Research

Table 2 Effects of qualifications and covariates on hourly earnings

From: Do the labour market returns to university degrees differ between high and low achieving youth? Evidence from Australia

	All				Young men				Young women
Intercept	2.87***		2.86***		2.97***		2.97***		2.87***		2.88***
Male	0.13***		0.13***		–		–		–		–
Parents’ ESCS (std.)	0.02*		0.02*		0.04**		0.04**		0.00		0.00
PISA test score (std.)	0.03**		0.03*		0.01		0.01		0.05***		0.07**
Year 12 completion	− 0.04		− 0.04		− 0.05		− 0.05		− 0.01		− 0.01
VET certificate III or IV	0.02		0.01		0.03		0.03		− 0.01		− 0.01
VET diploma	0.02		0.02		0.01		0.01		0.06*		0.04
University degree	0.09***		0.09***		0.10***		0.09**		0.09***		0.09***
Prop. yrs. FT employed	0.17***		0.17***		0.25***		0.24***		0.02		0.03
Prop. yrs. unemp. spells	− 0.18***		− 0.18***		− 0.22***		− 0.22***		− 0.08		− 0.08
Years since 2003	0.08***		0.08***		0.08***		0.08***		0.08***		0.08***
Degree by test score	–		0.01		–		0.03		–		− 0.03
N of observations	22,036		22,036		10,878		10,878		11,158		11,158
N of persons (clusters)	7415		7415		3602		3602		3813		3813
Clusters with missing data	3585		3585		1694		1694		1891		1891

Logged regression coefficients from repeated design analyses. Full-time study observations excluded. Weighted for sample selection and attrition. See Table 1 for abbreviations
* 0.05 > P > 0.01; ** 0.01 > P > 0.001; *** P < 0.001

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