In this paper, we aim to provide a comprehensive view of the unemployment dynamics generated by different structural … shocks. We show that the relative contribution of the job finding and separation rates to the unemployment dynamics depends … contribution of the two transition rates to the volatility of unemployment, whereas the search shock implies a disproportionate …

between immigration and unemployment in the post-war period in Australia. The tests find no evidence of any association from … migration to unemployment, though there is strong evidence of a significant effect of Australian unemployment on migration. The … results indicate that immigration policy should not be dictated by unfounded fears of immigration causing unemployment, at …