Bulletin – March Quarter 2018 Equation (C1)

Wagegrowt h i,t = δ 1 + δ 2 Errorcorrectio n i,t1 + δ 3 ΔUnionisatio n i,t1 + δ 4 ΔEmployeeprotection s i.t1 + δ 5 ΔImportpenetratio n i,t1 + δ 5 Involuntaryparttim e i,t + β j X j,i,t + ρ i + μ t + u i,t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@DB52@