Some econometric evidence for unemployment in Australia

Phillips, Benjamin. (1996). Some econometric evidence for unemployment in Australia Honours Thesis, School of Economics, The University of Queensland.

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Author Phillips, Benjamin.
Thesis Title Some econometric evidence for unemployment in Australia
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 1996
Thesis type Honours Thesis
Total pages 91
Language eng
Subjects 14 Economics
Formatted abstract

The level of unemployment in Australia throughout the last three decades has experienced a sharp upward drift. To understand this change in unemployment new theories have been developed to cope with the enourmous complexities that are now so inherent in the workings of the labour market. A Structural Vector Autoregression (VAR) will be used to examine the joint movement of the labour force, vacancies and unemployment. Innovation accounting will be used to show the effects of certain shocks to these variables. The results of which will be used to explain movements in the Beveridge curve.

A further study using cointegration will investigate the duration composition of Australian unemployment. Evidence from which yields support for the hysteresis account of unemployment.

Keyword Econometrics
Unemployment -- Australia -- Statistics

Document type: Thesis
Collection: UQ Theses (non-RHD) - UQ staff and students only
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Created: Tue, 04 Jan 2011, 09:51:47 EST by Ning Jing on behalf of Social Sciences and Humanities Library Service