Search: labour market
RBA Glossary definition for labour market
labour market – A collective term for employment, unemployment, participation rates and wages.
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Can Workers Predict Actual Labour Market Outcomes?
1 Aug 2021
RDP
2021-08
https://www.rba.gov.au/publications/rdp/2021/2021-08/can-workers-predict-actual-labour-market-outcomes.html
Job Loss, Subjective Expectations and Household Spending
18 Aug 2021
RDP
2021-08
consumption, income and wealth, labour market, risk and uncertainty. Workers are partly able to predict when they will lose their jobs.
https://www.rba.gov.au/publications/rdp/2021/2021-08.html
Job Loss, Subjective Expectations and Household Spending
18 Aug 2021
RDP
2021-08
3. Can Workers Predict Actual Labour Market Outcomes? In this section, we confirm some previous research findings about worker expectations for job loss. ... This indicates that the expectations of both employed and unemployed workers deviate from actual
https://www.rba.gov.au/publications/rdp/2021/2021-08/full.html
Appendix A: Testing the Predictive Ability of Workers' Subjective Expectations
1 Aug 2021
RDP
2021-08
There is also a large body of labour market research that studies the role of subjective expectations about employment. ... Sources: Authors' calculations; HILDA Survey Release 19.0. Again, expectations hold significant predictive power for future labour
https://www.rba.gov.au/publications/rdp/2021/2021-08/appendix-a.html
References
1 Aug 2021
RDP
2021-08
Dickerson A and F Green (2012), ‘Fears and Realisations of Employment Insecurity’, Labour Economics, 19(2), pp 198–210. ... McGuinness S, M Wooden and M Hahn (2014), ‘The Perceived Probability of Job Loss and Future Labour Market Outcomes’,
https://www.rba.gov.au/publications/rdp/2021/2021-08/references.html
Job Loss, Subjective Expectations and Household Spending
18 Aug 2021
RDP
2021-08
Research Discussion Paper – RDP 2021-08 Job Loss, Subjective Expectations and Household Spending. Gabrielle Penrose and Gianni La Cava. August 2021. 2,109. KB. We would like to thank Benjamin Beckers, James Bishop, Iris Chan, Adam Gorajek, James
https://www.rba.gov.au/publications/rdp/2021/2021-08/sections.html
Non-technical summary for ‘Job Loss, Subjective Expectations and Household Spending’
18 Aug 2021
RDP
2021-08
Because spending drops only when people lose their jobs, our findings highlight how labour market and macroeconomic policies that minimise the number of people who become unemployed (and the length of
https://www.rba.gov.au/publications/rdp/2021/2021-08/non-technical-summary.html
Measuring Subjective Employment Expectations and Household Spending
1 Aug 2021
RDP
2021-08
Download the Paper 2,109. KB. The analysis in this paper relies on household-level data sourced from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. ... The panel nature of the HILDA Survey allows us to exploit heterogeneity in
https://www.rba.gov.au/publications/rdp/2021/2021-08/measuring-subjective-employment-expectations-and-household-spending.html