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Then and Now : Reflections on Two Australian Mining Booms
Gregory, Robert - 2011
Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a …
Persistent link: https://www.econbiz.de/10013120401
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The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates
Dixon, Robert John - 2014
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First,...
Persistent link: https://www.econbiz.de/10013052699
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Lives Saved During Economic Downturns : Evidence from Australia
Atalay, Kadir; Edwards, Rebecca; Schurer, Stefanie; … - 2021
.We estimate the relationship between unemployment, a widely accepted proxy for economic climate, and mortality in Australia, a … vehicle transport accidents.Our estimates imply 425 fewer deaths if Reserve Bank of Australia expectations of a doubling of … universal health care in Australia in 1984. Our results suggest that universal health care may insulate individuals from the …
Persistent link: https://www.econbiz.de/10013315277
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Decomposing the Ins and Outs of Cyclical Unemployment
Bachmann, Ronald - 2012
This paper analyzes the contribution of the socioeconomic and demographic composition of the pool of employed and unemployed individuals to the dynamics of the labor market in different phases of the business cycle. Using individual level data from the Current Population Survey (CPS), we...
Persistent link: https://www.econbiz.de/10013110186
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Trust in Public Institutions Over the Business Cycle
Stevenson, Betsey - 2011
We document that trust in public institutions ﾖ and particularly trust in banks, business and government ﾖ has declined over recent years. U.S. time series evidence suggests that this partly reflects the pro-cyclical nature of trust in institutions. Cross-country comparisons reveal a clear...
Persistent link: https://www.econbiz.de/10013128218
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Nowcasting Business Cycles Using Toll Data
Askitas, Nikos - 2011
Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...
Persistent link: https://www.econbiz.de/10013129098
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The Cyclicality of Effective Wages within Employer-Employee Matches in a Rigid Labor Market
Anger, Silke - 2011
This study analyzes real wage cyclicality for male full-time workers within employer-employee matches in Germany over the period 1984-2004. Five different wage measures are compared: the standard hourly wage rate; hourly wage earnings including overtime and bonus pay; the effective wage, which...
Persistent link: https://www.econbiz.de/10013129932
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The Importance of Two-Sided Heterogeneity for the Cyclicality of Labour Market Dynamics
Bachmann, Ronald - 2010
Using administrative data on individual workers' employment history and firms, we investigate the cyclicality of worker flows on the German labour market. Focusing on heterogeneities on both sides of the labour market, we find that small firms hire mainly unemployed workers, and that they do so...
Persistent link: https://www.econbiz.de/10013135186
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Immigrants' Employment Outcomes Over the Business Cycle
Orrenius, Pia M. - 2010
Immigrants have figured prominently in U.S. economic growth for decades, but the recent recession hit them hard. Immigrantsﾒ labor market outcomes began deteriorating even before the recession was officially underway, largely as a result of the housing bust. An analysis of employment and...
Persistent link: https://www.econbiz.de/10013135189
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Two-Tier Labor Markets in the Great Recession : France vs. Spain
Bentolila, Samuel - 2010
This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in France, unemployment rate has increased by 2 percentage...
Persistent link: https://www.econbiz.de/10013135650