Journal for Labour Market Research

Table 3 Effects of qualifications and covariates on weekly 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	6.03***		6.03***		6.26***		6.26***		5.98***		5.98***
Male	0.21***		0.21***		–		–		–		–
Parents’ ESCS (std.)	0.04***		0.04***		0.04*		0.04**		0.03***		0.03***
PISA test score (std.)	0.02		0.01		0.02		0.01		0.04***		0.03
Year 12 completion	0.06		0.06		0.02		0.03		0.13***		0.14***
VET certificate III or IV	0.03		0.03		0.03		0.03		0.01		0.01
VET diploma	0.03		0.03		0.00		0.00		0.10***		0.10***
University degree	0.27***		0.25***		0.24***		0.22***		0.30***		0.29***
Prop. yrs. FT employed	1.07***		1.06***		1.06***		1.06***		1.01***		1.01***
Prop. yrs. unemp. spells	− 0.07		− 0.07		− 0.08		− 0.08		− 0.01		− 0.01
Years since 2003	0.06***		0.06***		0.06***		0.06***		0.05***		0.05***
Degree by test score	–		0.04*		–		0.05		–		0.04*
N of observations	22,103		22,103		10,922		10,922		11,181		11,181
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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