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In this paper we investigate the behaviour of net flows of persons between employment, unemployment and not in the labour force in Australia between 1979-2003 and the relationship of these flows to changes in the unemployment rate over that period. We find that: flows from unemployment to...
Persistent link: https://www.econbiz.de/10008565247
This paper provides pictures of low pay adult employees in Australia in 2004 drawing on data from the HILDA survey. The low paid are disaggregated into full-time and part-time employees. Estimates from multivariate probit models reveal that low wage employees are more likely to have casual...
Persistent link: https://www.econbiz.de/10008565331
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 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