Abstract
Australia now has a considerable unemployment problem. One of the most important and least visible consequences of a deep recession is a large and expanding pool of people who have been unemployed for a long period of time. This is a crucial issue which has in the past been accorded less weight in policy discussion than is warranted.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Budd, A., P. Levine and P. Smith (1988a), ‘Real Wage Adjustment and Long Term Unemployment’, in R. Cross (ed.) Unemployment, Hysteresis and the Natural Rate Hypothesis, Oxford: Blackwell.
Budd, A., P. Levine and P. Smith (1988b), ‘Unemployment, Vacancies and the Long Term Unemployed’, Economic Journal 98, 1071–91.
Chapman, B.J., Junankar, P.N. and Kapuscinski, C.A. (1992), ‘Long-term Unemployment: Projections and Policy’, Centre for Economic Policy Research Discussion Paper No. 274, Australian National University, Canberra.
Hughes, B. (1987), ‘Immigration and the Australian Adult Beveridge Curves: Some Exploration of an Apparent Paradox’. Paper presented to the NBER Immigration, Trade and Labor Conference, Cambridge, Massachusetts, September 1987.
Hughes, B. (1992), ‘Trends and Cycles in Unemployment Gross Flows: A Preliminary Investigation’. Paper delivered to the 21st Conference of Economists, University of Melbourne, July 1992.
Junankar, P.N. (1988), Very Long Term Unemployment, Commission of the European Communities, Luxembourg.
Junankar, P.N. and Wood, M. (1992), ‘The Dynamics of Unemployment: An Analysis of Recurrent Unemployment’, in R.G Gregory and T. Karmel (eds), The Australian Longitudinal Survey, Centre for Economic Policy Research, Australian National University.
Salkever, D.S. (1976), “The Use of Dummy Variables to Compute Predictions, Prediction Errors, and Confidence Intervals”, Journal of Econometrics 4, (4); p. 393–97.
Simes, R.M. and Richardson, C.J. (1987), ‘Wage Determination in Australia’, Economic Record 63, 144–55.
Williams, J. (1989), The Single Girl’s Guide to Steady State Relationships. Honours thesis, Department of Economics, The Faculties, Australian National University.
Copyright information
© 1992 National Institute of Labour Studies
About this chapter
Cite this chapter
Chapman, B.J., Junankar, P.N., Kapuscinski, C.A. (1992). Projections of Long-term Unemployment. In: Economics of the Labour Market. Palgrave Macmillan, London. https://doi.org/10.1057/9781137555199_21
Download citation
DOI: https://doi.org/10.1057/9781137555199_21
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-137-55518-2
Online ISBN: 978-1-137-55519-9
eBook Packages: Economics and FinanceEconomics and Finance (R0)