We explore a new approach to understanding the evolution of the unemployment rate in Australia. Specifically, we use gross worker flows data to study the consequences of assuming that there is no unique equilibrium rate of unemployment but rather a continuum of stochastic equilibrium rates which...

Cyclical asymmetry has been recognized as a non-linear phenomenon in recent studies examining unemployment rate time series. The probabilistic structure of such time series is different during economic upswings and downswings. So, with forecasting unemployment rates in mind, it seems intuitive...

This paper examines the impact of macroeconomic conditions on the education and employment outcomes of youths in school-to-work transition. The dataset is based on five cohorts from the Youth in Transition surveys (YIT) and the Longitudinal Surveys of Australian Youth (LSAY) and covers the...

In recent years there has been important debate on the changing nature of the employment relationship, with some scholars claiming a significant weakening of the bond between employers and employees. An associated implication is that internal labour markets (ILMs) are becoming less prevalent in...

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Women are participating in the labour market in higher proportions than in the past, with the female participation rate in June 2012 standing at 58.9 per cent. However, a gendered pattern of workforce engagement persists, particularly as it concerns part-time employment; 70 per cent all...

In this paper, we study the enterprise bargaining process in the Queensland Police Service and the consequences of resultant new payment arrangements. Although both management and the union were convinced that no one would be worse off under enterprise bargaining, views amongst the affected...

This paper examines the association between disability and disadvantage among Australian youth. Past experiences (e.g., school achievement), and present circumstances (e.g., participation in education and employment) as well as aspirations and expectations (e.g., expected education and career)...

Individual data from the Spanish Family Budget Survey (EPF 1990-1991) are used to estimate disaggregated wage curves (industry sector, gender, age, schooling, and occupation). The results show a wage curve for all employees with an elasticity of -0.13. It is also concluded that less protected...

This study presents a time series analysis of the cyclical relationship between the labour force participation rate and the unemployment rate in Australia over the period 1979-1998. The Hodrick-Prescott filter is employed to extract the cyclical components of the series, which are used for the...