Labour Market Analysis with VAR Models
University of Melbourne Author/sSUMMERS, PETER
AffiliationEconomics and Commerce: Melbourne Institute of Applied Economic and Social Research
CitationsSummers, Peter (2000) Labour Market Analysis with VAR Models.
Access StatusOpen Access
This paper provides an overview of how labour market analysis can be conducted in the context of VAR-based models. The examples presented here show that these methods are quite flexible, and capable of addressing a wide variety of theoretical and policy-related issues. Specifically, the various techniques are illustrated in models which: examine the dynamics of gross job flows; assess the relationship between real wages and unemployment; quantify the contribution of sectoral shocks to the number of people unemployed by duration of unemployment; examine the relative contributions of discouraged worker effects, insider effects, etc. on the persistence of unemployment; and analyse the effects of labour market shocks in the OECD countries.
Keywordslabour market; unemployment
- Click on "Export Reference in RIS Format" and choose "open with... Endnote".
- Click on "Export Reference in RIS Format". Login to Refworks, go to References => Import References