Showing 1 - 10 of 11
The composition of the nursing and caring workforce in Australia has changed substantially over the last 15 years. The workforce has an older age profile, works shorter hours and employs substantially more carers. In spite of the ageing of the population and a substantial increase in the number...
Persistent link: https://www.econbiz.de/10008565328
.g., school achievement), and present circumstances (e.g., participation in education and employment) as well as aspirations and …
Persistent link: https://www.econbiz.de/10009652549
with an oligopsonistic labour market. In an oligopsonistic labour market, fiscal policy expands employment through a shift … expansion stimulates not only employment but also aggregate output. However, an increase in government spending that does not …
Persistent link: https://www.econbiz.de/10008542535
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...
Persistent link: https://www.econbiz.de/10008565292
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...
Persistent link: https://www.econbiz.de/10008565348
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...
Persistent link: https://www.econbiz.de/10008565355
This paper examines the Beveridge Curve, the relationship between the unemployment and vacancy rates. Both variables are found to be non-stationary and not co-integrated which implies that the Beveridge Curve has been shifted over time by at least one non-stationary variable. We examine a number...
Persistent link: https://www.econbiz.de/10008565383
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...
Persistent link: https://www.econbiz.de/10008565387
In this paper we examine unemployment rate dispersion across the (statistical) regions in the Melbourne metropolitan area. We find that the level of dispersion is positively correlated with the unemployment rate in all the regions taken together and that the ‘elasticity’ of dispersion with...
Persistent link: https://www.econbiz.de/10008565392
This paper addresses five related questions. What are the ‘stylised facts’ about the behaviour of flows into and out of unemployment and the Unemployment Rate in Australia, especially in recessions? Why does the number of persons flowing out of Unemployment rise in recessions? How does...
Persistent link: https://www.econbiz.de/10008565404