Explaining Unemployment Duration in Australia
What influences the probability that someone will leave unemployment? Informed by a search-theoretic framework and allowing for exits to not in the labour force and employment, in this paper I examine what influences the probability that somebody will leave unemployment. The unemployment data used are derived from the retrospective work history information from the Household, Income and Labour Dynamics in Australia Survey. The results show that variables that increase wage offers and lower reservation wages are associated with shorter unemployment durations, and that exit rates from unemployment appear to remain steady initially with duration before declining relatively sharply. Copyright © 2006 The Economic Society of Australia.
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Volume (Year): 82 (2006)
Issue (Month): 258 (09)
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Nick Carroll, 2006.
"Explaining Unemployment Duration in Australia,"
The Economic Record,
The Economic Society of Australia, vol. 82(258), pages 298-314, 09.
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- Ruhm, Christopher J, 1991. "Are Workers Permanently Scarred by Job Displacements?," American Economic Review, American Economic Association, vol. 81(1), pages 319-24, March.
- Arulampalam, Wiji & Stewart, Mark B, 1995. "The Determinants of Individual Unemployment Durations in an Era of High Unemployment," Economic Journal, Royal Economic Society, vol. 105(429), pages 321-32, March.
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