Some Aspects of Labour Market Flows in New Zealand 1986-2001
It is now commonplace to study labour market dynamics using flows data from labour force panel surveys. The analysis of labour market flows to and from the states of employment, unemployment and non-participation has received most attention. This paper considers some New Zealand aspects of these flows with particular reference to concepts, descriptive features, the behavioural responses implied by the Markov approach to modelling labour market transitions, a brief literature review and some preliminary econometric results on the trend and cyclical features of New Zealand's gross flows.
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