Wages & Whitlam: the wages policy of the Whitlam Government
This study focuses on the wages policy of the Whitlam Government and its socio-economic implications. Dr. McGavin's research leads him to conclude that the Whitlam Government's wages policy was counteractive to the Government's Stated "first priorty"--employment. The reality of government-induced redistribution of national income towards labor through wages is that this reduces employment. That this occurred as a result of the policies of a government with particular commitment to the disadvantaged highlights the importance of government policy being consistent, in both conception and implementation, with economic realities.
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The Influence of the Whitlam Government on Wages
Real Wage Overhang Wages Share and Wage
Wages as Costs and as Incomes and Relative Labour
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ABS cat adjustment adult male AGPS analysis annual Arbitration Commission argued Australian Economic Australian Labor Party average weekly earnings award rates award wages BLMR Cameron Canberra cent ceteris paribus Chapter co-efficients decision derived effects employees equal pay Equation estimates factors of production female employment female hours Gregory and Duncan gross growth in female hourly wage hours employment ibid impact implementation of equal income taxation industrial inflation influence June junior female junior male labour cost labour force participation Labour Market labour services males aged McGavin Melbourne ment minimum wage National Wage neoclassical non-wage costs ordinary-time participation decision participation rates ployment proportion real hourly real wage overhang reduction relevant Research sector significant Table tion unem unemployment benefits Unions in Crisis University of Melbourne variable wage cost wage determination wage increases wage indexation Wage Share Wages and Employment wages policy welfare Whitlam Government Whitlam Government's Whitlam period workers