Table 6 Regression models for the 90/50 ad 50/10 wage ratios
Male | Female | ||||
|---|---|---|---|---|---|
90/50 | 50/10 | 90/50 | 50/10 | ||
College/Noncollege relative supply | -0.065 | -0.185 | -0.267 | 0.006 | |
0.037 | 0.048 | 0.072 | 0.033 | ||
Log real minimum wage | -0.030 | -0.265 | -0.331 | -0.457 | |
0.110 | 0.141 | 0.210 | 0.098 | ||
Natural unemployment rate | -0.011 | -0.016 | -0.010 | -0.008 | |
0.003 | 0.004 | 0.005 | 0.003 | ||
Time | 0.020 | 0.018 | 0.035 | 0.007 | |
0.003 | 0.003 | 0.005 | 0.002 | ||
Constant | 0.528 | 0.901 | 1.085 | 1.924 | |
0.387 | 0.499 | 0.743 | 0.346 | ||
No. of observations | 24 | 24 | 24 | 24 | |
R 2 | 0.992 | 0.828 | 0.969 | 0.934 | |