التفاصيل البيبلوغرافية
| العنوان: |
Labour Market Dynamics in Australia. |
| المؤلفون: |
Wesselbaum, Dennis |
| المصدر: |
Australian Economic Review; Jun2014, Vol. 47 Issue 2, p173-188, 16p |
| مصطلحات موضوعية: |
LABOR market, BAYESIAN analysis, BARGAINING power, BEVERIDGE curve, MATHEMATICAL models of job vacancies |
| مصطلحات جغرافية: |
AUSTRALIA |
| مستخلص: |
This article estimates a stylised search-and-matching model on data for Australia, covering the period 1978-2008. Using Bayesian methods, I find that the model does a fairly good job in replicating the data. Surprisingly, I find a large value for the worker's bargaining power and low vacancy-posting costs. The model generates a strong Beveridge curve and matches the standard deviations of all variables but vacancies. I identify technology and separation shocks to be the main drivers of fluctuations. [ABSTRACT FROM AUTHOR] |
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| قاعدة البيانات: |
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