Elizabeth Webster () (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne) Lei Lei Song () (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne)
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This paper tests whether there is empirical evidence that two distinct Beveridge curves for the skilled and unskilled aggregate markets. The results support the dualism hypothesis and specifically find that the skilled labour segment is more efficient at matching workers with jobs and/or has lower turnover rates. Lower turnover rates may be indicative of a better prior match. It also found that other shift variables, such as the replacement rate, the incidence of long-term unemployment, the immigration rate and the market circumstances in the other segment, had differential effects on each curve.
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Paper provided by Melbourne Institute of Applied Economic and Social Research, The University of Melbourne in its series Melbourne Institute Working Paper Series with number
wp2001n14.
Length: 23 pages Date of creation: Nov 2001 Date of revision: Handle: RePEc:iae:iaewps:wp2001n14
Contact details of provider: Postal: Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, Victoria 3010 Australia Phone: +61 3 8344 2100 Fax: +61 3 8344 2111 Email: Web page: http://www.melbourneinstitute.com/ More information through EDIRC
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