The Labour Market in a Deregulated Economy

The Labour Market in Macroeconomic Models of the Australian Economy

*This paper is the result of work being undertaken as part of a collaborative research program entitled ‘Unemployment: Economic Analysis and Policy Modelling’. The project is generously supported by the Australian Research Council and the following collaborative partners: Commonwealth Department of Family and Community Services, Commonwealth Department of Employment, Workplace Relations and Sma...

Labour Market Programmes and Labour Market Outcomes: A study of the Swedish Active Labour Market Interventions

This paper assesses the impact of Swedish welfare-to-work programmes on labour market performance including wages, labour market status, unemployment duration and future welfare-to-work participation. We develop a structural dynamic model of labour supply which incorporates detailed institutional features of these policies and allows for selection on observables and unobservables. We estimate t...

An Estimated Small Open Economy Model with Labour Market Frictions

We estimate small open economy models with involuntary unemployment using Australian data from 1993 to 2007, focusing on hiring costs and real wage rigidity. We find a strong preference for models with hiring costs, which account for 0.97% of GDP. The data favour models with real over nominal wage rigidity. Impulse responses to technology shocks reveal no productivityemployment puzzle for the p...

The Effects Of Afghan Immigrants On The Iranian Labour Market

Housing affordability and the economy: A review of labour market impacts and policy issues