Modelling the Probability of Youth Unemployment in Australia
This paper attempts to explain how particular personal characteristics affect the probability of Australian youth unemployment. Results indicate that generally age, education, and financial commitments exert a positive influence on employment prospects. Also, there is evidence to suggest that the disabled are disadvantaged in the workplace and that women are less likely to supply their labor if they have children. The results are compared to the known effects of personal characteristics on the duration of unemployment, pointing policy clearly in the direction of age, education, and reservation wages. Copyright 1996 by The Economic Society of Australia.
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Volume (Year): 72 (1996)
Issue (Month): 217 (June)
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