Explaining Unemployment Duration in Australia Nick Carroll

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Nick Carroll
Unemployment; Work-life balance
Nick Carroll examines what influences the probability that somebody will leave unemployment. The unemployment data used are derived from the retrospective work history information from the first two waves of the Household, Income and Labour Dynamics in Australia Survey. He finds that variables that increase wage offers and lower reservation wages are associated with shorter durations of unemployment and that exit rates from unemployment appear to remain steady initially with duration before declining relatively sharply.
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