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t test 3.21788138 1.86856175 3.171343075<br />

Czech Republic<br />

Years m<br />

Relative<br />

wage<br />

H/H0<br />

Theoretical<br />

1991 2.6% 4.24 2.65305163 1.342435<br />

H/H0<br />

Theoretical<br />

gamma 0.75 (gamma 0.43)<br />

1992 2.6% 4.24 2.68809996 1.34774479 1.000873024<br />

1993 2.5% 4.24 2.58178398 1.33148324 1.039250134<br />

1994 2.4% 4.24 2.49351968 1.3176195 1.07688715<br />

1995 2.3% 4.24 2.42854834 1.30719129 1.113482286<br />

1996 2.3% 4.24 2.41969616 1.30575528 1.111757795<br />

1997 6.9% 4.24 11.7270194 2.09369539 1.147602419<br />

1998 2.3% 4.24 2.40611865 1.30354549 1.109591403<br />

1999 2.3% 4.24 2.35824221 1.29568246 1.137181366<br />

2000 2.1% 4.24 2.21520715 1.27149852 1.254898453<br />

2001 2.2% 4.24 2.27379956 1.28153472 1.261372497<br />

2002 1.9% 4.24 2.1019099 1.2515477 1.28271593<br />

2003 2.1% 4.24 2.22840887 1.27377603 1.282841674<br />

2004 2.6% 4.24 2.70320489 1.3500181 1.282841674<br />

mean 3.09132931 1.36239482 1.161638139<br />

st dev 2.49236225 0.21260965 0.099583659<br />

p-value 0.01821113 0.00807396<br />

t test 2.5200393 2.86876341<br />

Years m<br />

Relative<br />

wage<br />

H/H0<br />

Theoretical<br />

alpha 0.33<br />

H/H0<br />

Theoretical<br />

alpha 0.5<br />

H/H0<br />

Theoretical<br />

alpha 0.75<br />

1991 2.6% 4.24 0.99632639 1.02402862 1.141508985<br />

(gamma<br />

0.43)<br />

1992 2.6% 4.24 0.99626763 1.02435502 1.143562058 1.000873<br />

1993 2.5% 4.24 0.99644745 1.02335162 1.137262529 1.03925<br />

1994 2.4% 4.24 0.99660045 1.02248721 1.131863776 1.076887<br />

1995 2.3% 4.24 0.99671534 1.02183146 1.127785567 1.113482<br />

1996 2.3% 4.24 0.99673115 1.02174078 1.127222804 1.111758<br />

1997 6.9% 4.24 0.98777122 1.06118566 1.402477203 1.147602<br />

1998 2.3% 4.24 0.99675546 1.02160107 1.126356245 1.109591<br />

1999 2.3% 4.24 0.99684193 1.02110214 1.123267269 1.137181<br />

2000 2.1% 4.24 0.99710725 1.01955001 1.113711961 1.254898<br />

2001 2.2% 4.24 0.99699726 1.0201974 1.117687467 1.261372<br />

2002 1.9% 4.24 0.99732537 1.01824906 1.105765779 1.282716<br />

2003 2.1% 4.24 0.9970823 1.01969733 1.114615388 1.282842<br />

2004 2.6% 4.24 0.99624246 1.02449439 1.14443991 1.282842<br />

mean 0.99608655 1.02456227 1.14696621 1.161638<br />

st dev 0.00241597 0.01071029 0.074476178 0.099584<br />

p-value 6.2529E-05 0.00032307 0.687666401<br />

t test 4.76479466 4.14137824 0.406549042<br />

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