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1–8 of 8 collapsed search results for 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
Gabrielle Penrose and Gianni La Cava
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
Gabrielle Penrose and Gianni La Cava
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
Gabrielle Penrose and Gianni La Cava
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
Gabrielle Penrose and Gianni La Cava
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
Gabrielle Penrose and Gianni La Cava
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
Gabrielle Penrose and Gianni La Cava
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
Gabrielle Penrose and Gianni La Cava
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
Gabrielle Penrose and Gianni La Cava
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