Showing 1 - 10 of 45
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, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drives the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10010858793
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, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10011083713
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, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10010877810
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, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10010779436
net (and gross) flows between different labour market states and movements in the unemployment rate. We use that framework … to 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 …
Persistent link: https://www.econbiz.de/10005750769
There is a considerable body of evidence showing that it is the inflow into unemployment that drives the unemployment … leaving employment and moving to unemployment in the six states of Australia. It is concluded that there is a common cyclical …
Persistent link: https://www.econbiz.de/10005750863
Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...
Persistent link: https://www.econbiz.de/10005822244
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 reflect the movement of the unemployment entry and exit rates over …
Persistent link: https://www.econbiz.de/10008565355
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 respect to the unemployment rate is unity, with the result that there is …
Persistent link: https://www.econbiz.de/10008565392
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 outflow behaviour affect the severity of recessions? What has been the history of the … probability of any one unemployed person exiting unemployment and what is the elasticity of this probability with respect to the …
Persistent link: https://www.econbiz.de/10008565404