- Title
- Recessions and flexible labour markets
- Creator
- Mitchell, William; Muysken, Joan
- 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
- Publisher
- Centre of Full Employment and Equity, University of Newcastle
- Resource Type
- conference paper
- Date
- 2010
- 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.
- Subject
- recessions; labour markets; employers; part-time employment
- Identifier
- http://hdl.handle.net/1959.13/935316
- Identifier
- uon:12030
- Identifier
- ISBN:9780980761849
- Language
- eng
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