The hiring function reconsidered: on closing the circle

Article Abstract:

The matching of job searchers with vacant jobs was examined. The study involved those that are employed, unemployed or not in the labor force. It was shown that previous studies that ignored both unemployed and employed job seekers generated biased estimates of the coefficients of interest. Results based on Australian data estimates reveal that the disaggregate worker flows and their interdependence are key features on the labor market.

Employee selection, Job hunting

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Mean reversion of interest rates in the Eurocurrency market

Article Abstract:

This study attempts to discover whether Eurocurrency market interest rates contain a unit root or stochastic trend.

Econometrics & Model Building, Analysis, Prices and rates, Econometrics, Interest rates, Money, Financial markets, Business models

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Distortinary taxation and labour market performance

Article Abstract:

This research indicates that the more labor is taxed, the less employment grows.

Taxation, Unemployment, Workers, Tax rates, Cycles

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