The contribution of structural shocks to Australian unemployment

被引：5
|
作者：
Heaton, C
Oslington, P
机构：
[1] Univ New S Wales, Australian Def Force Acad, Sch Econ & Management, Canberra, ACT 2600, Australia
[2] Macquarie Univ, Sydney, NSW 2109, Australia
来源：
ECONOMIC RECORD | 2002年 / 78卷 / 243期
关键词：
D O I：
10.1111/1475-4932.00069
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
, In this paper dynamic factor analysis techniques are used to decompose changes in unemployment into industry sectoral and common components. Sectoral shocks are important, but the dominant causes of variation in unemployment are common to all industries. This is particularly the. case for low-frequency fluctuations in unemployment. The pattern of the estimated sectoral shocks reflects the well-documented shift of employment from agriculture and manufacturing to services, and we find no evidence that microeconomic reform has contributed greatly to unemployment.
引用
收藏
页码：433 / 442
页数：10
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