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Economic Progress in Australia: An Analysis of Occupational Mobility *
Author(s) -
MILLER PAUL W.,
VOLKER PAUL A.
Publication year - 1985
Publication title -
economic record
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.365
H-Index - 42
eISSN - 1475-4932
pISSN - 0013-0249
DOI - 10.1111/j.1475-4932.1985.tb01998.x
Subject(s) - multinomial logistic regression , economics , educational attainment , inequality , labour economics , occupational mobility , socioeconomic status , demographic economics , point (geometry) , logit , social mobility , economic growth , econometrics , sociology , social science , mathematical analysis , population , demography , machine learning , computer science , mathematics , geometry
Educational attainment and gender are firmly established in the labour economics literature as key determinants of an individual's economic standing at a given point in time. The concern of the present paper is to determine the impact of these characteristics on economic progress over time. A multinomial logit approach to estimating occupational attainment at various career points is employed. The use of this method of analysis in conjunction with the intertemporal linking of occupations enables us to provide a number of important insights into economic progress in the Australian labour market. Additional years of education are shown to increase the probability of employment in better jobs at the time of labour market entry and also to enhance career mobility. Analysis of male‐female differences highlights the sizeable gap between the occupational distributions of these groups. Part of this difference may reflect inequality of opportunity between males and females in the Australian labour market.