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This article explains how movements in the unemployment rate reflect the relative rates of growth of employment and the labour force and are related to the participation rate, labour productivity growth and output growth. A framework is provided in which to analyse the determinants of movements...
Persistent link: https://www.econbiz.de/10005578956
A large number of empirical studies exist now for Australia reporting evidence consistent with the endogeneity of the participation rate. None of these models examine the possibility that the elasticity of the workforce with respect to employment might vary systematically over the business...
Persistent link: https://www.econbiz.de/10005587651
In this paper we examine the nature of disparities in regional (State) unemployment rates in Australia over the period 1978-1999 and their relationship to the national unemployment rate. As a measure of dispersion we use the sum of the (weighted) deviations of regional unemployment rates from...
Persistent link: https://www.econbiz.de/10005587663
This paper has as its subject matter the behaviour of state unemployment rates over time. Arguments are presented which suggest that the common approach which entails regressing state or regional rate of unemployment on the national rate is not likely to yield much useful knowledge. As a...
Persistent link: https://www.econbiz.de/10005587783
This paper contains a dynamic model of the unemployment rate.
Persistent link: https://www.econbiz.de/10005750834