Add comment to 03_run_regressions

grattan · Sep 20, 2019 · 1715619 · 1715619
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diff --git a/R/03_run_regressions.R b/R/03_run_regressions.R
@@ -105,7 +105,8 @@ model2 <- export_summs(mck_awote_model_with_award2,
              stars = c('***' = 0.01, '**' = 0.05, '*' = 0.10),
              error_pos = "right",
              model.names = c("AWOTE (with pre-SG rate)",
-                             "AENA (wages) (with pre-SG rate)"),
+                             "AENA (wages) (with pre-SG rate)",
+                             "AENA (social) (with pre-SG rate)"),
              coefs =  c("sg_with_award2_d4",
                         "nairu_gap_lag4",
                         "unemp_d4_lag4",
@@ -170,6 +171,10 @@ model3
 
 # Model 4: The previous model with RBA specifications --------------------------
 
+# Note that the original RBA model is used to predict WPI, not AWOTE or AENA
+# The RBA model is detailed here: https://www.rba.gov.au/publications/bulletin/2017/mar/pdf/bu-0317-2-insights-into-low-wage-growth-in-australia.pdf
+
+
 # AWOTE
 rba_awote <- awote_d4 ~    
   sg_with_award2_d1_lag2 + 

diff --git a/data/Cleaned/super_data.Rda b/data/Cleaned/super_data.Rda