Society, Politics & Law
Economics explains discrimination in the labour market
...T-STATISTIC VARIABLE T-STATISTIC Intercept 0.595 11.70 0.521 14.43 Potential experience 0.246 6.56 0.044 1.52 Education: CSE(s) 0.101 3.84 0.083 3.66 ‘O’ level(s) 0.203 8.23 0.116 5.28 ‘A’ level(s) 0.316 7.96 0.210 4.74 Degree 0.509 21.01 0.508 21.63 Other 0.099 1.60 0.062 0.58 R^2 0.249 0.224 Source: Wright and Ermisch, 1991, p. 516 On examining the two wage...