Regional Beveridge curves : a latent variable approach

Auteur(s) et Affiliation(s)

DIXON, R.

Dept. of Economics, Univ., Melbourne, Australie

LIM, G.C.

Institute of Applied Economic and Social Research, Univ., Melbourne, Australie

FREEBAIRN, J.

Institute of Applied Economic and Social Research, Univ., Melbourne, Australie

Description :
This paper applies an unobserved components model to a panel of Australian data to identify the direction and timing of the shifts in regional Beveridge curves. First, the approach identifies a common factor while allowing for region-specific effects. Second, the common factor that drives the relationship between regional unemployment and vacancy rates is extracted and it is then related to various explanatory variables. Third, the common factor that drives the relationship between regional unemployment and vacancy rates is extracted and it is then related to various explanatory variables. The findings suggest the need for an explicit regional policy to tackle unemployment in Australia.

Type de document :
Article de périodique

Source :
Regional studies, issn : 0034-3404, 2014, vol. 48, n°. 2, p. 254-269, nombre de pages : 16, Références bibliographiques : 2 p.

Date :
2014

Editeur :
Pays édition : Royaume-Uni, Cambridge, Cambridge University Press

Langue :
Anglais