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Labour markets are constantly subject to exogenous factors such as technological change and trade shocks. Beyond their direct effects, these factors are likely to affect workers’ fears of losing their job in the foreseeable future. We therefore investigate workers’ reactions to increased job...
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Economic dynamism is fundamental to productivity and living standards. Several important metrics suggest that the Australian economy has become less dynamic over recent decades. The share of workers starting a new job has fallen. Among employing businesses, the start‐ up rate has declined. On...
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Overeducation poses a significant challenge in the job market, impacting both job mobility and wage. This study aimed to examine the influence of overeducation experience on two key factors, including 1) the probability of experiencing overeducation again in the current job and 2) the level of...
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I present four facts about occupational mobility: (1) most movements occur within firms, (2) downward moves are frequent, (3) wage growth reflects the direction and distance of mobility, and (4) relative occupational wages before mobility predict the direction of mobility, except for...
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