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work more hours in order to increase income. Multinomial logit models are estimated of labour force status in which … found to have many predictors in common with unemployment, but also a number of differences. Additional models are estimated …
Persistent link: https://www.econbiz.de/10008565234
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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
The conference spent too much time discussing unemployment. The two key labour market problems are the lack of full-time job growth and the rapid growth of all welfare recipients. Unemployment is just a small part of the structural problem in the Australian economy. For the perspective of...
Persistent link: https://www.econbiz.de/10008565257
The incidence of very long-term unemployment in Australia has risen by nearly 1 per cent per annum since the late 1970s. Despite concerted active LMPs since then, the level of very long term unemployed has risen to nearly 100 000 people. The majority of these people have been workless for a...
Persistent link: https://www.econbiz.de/10008565275
It is well accepted that a highly educated and well trained labour force is a precondition for sustained economic growth and development, and that the labour market outcomes for individuals are enhanced with higher levels of education and training. Recognition of these facts has influenced the...
Persistent link: https://www.econbiz.de/10008565278
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made for 8 quarters using spectral analysis models evaluated against ARIMA model counterparts. It is found that the … spectral analysis models achieve higher levels of forecasting accuracy than ARIMA counterparts, including turning point … forecast accuracy. These results emerge in spite of weaker in-sample explanatory power of the spectral models against the ARIMA …
Persistent link: https://www.econbiz.de/10008565309