Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.13/935316

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Title
Recessions and flexible labour markets
Author/Creator
Mitchell, William;  Muysken, Joan
Institution
The University of Newcastle. Research Division, Centre of Full Employment and Equity (CofFEE)
Description
This paper analyses increased labour market flexibility in terms of the shift from permanent to temporary work, and the impact on hours worked. We hypothesise that recessions facilitate a "paradigm shift", which allows employers to intensify the underlying shifts that are occurring as a result of decreased union power and increased globalisation. We set up a simple model to derive hypotheses in this regard, and test these using Australian data. We find evidence that employers create their own internal slack (in terms of part time employment) which may be exploited in more prosperous times. This finding is important because it defies the Philips curve relationship between unemployment rates and inflation.
Relation
The Aftermath of the Crisis: Incorporating the 12th Path to Full Employment Conference and 17th National Conference on Unemployment. The Aftermath of the Crisis: Incorporating the 12th Path to Full Employment Conference and 17th National Conference on Unemployment: Proceedings: Refereed Papers (Newcastle, NSW 2-3 December, 2010) p. 205-221
Relation
http://e1.newcastle.edu.au/coffee/conferences/2010/index.cfm
Date
2010
Publisher
Centre of Full Employment and Equity, University of Newcastle
Keyword(s)
recessions;  labour markets;  employers;  part-time employment
Resource Type
conference paper
Identifier
http://hdl.handle.net/1959.13/935316
Identifier
ISBN:9780980761849
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"Recessions and flexible labour markets"
 
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