dc.contributor.author |
Jackson, L Fraser |
|
dc.contributor.author |
Khaled, Mohammed S |
|
dc.date.accessioned |
2018-01-22T23:09:17Z |
|
dc.date.accessioned |
2022-07-11T21:38:33Z |
|
dc.date.available |
2018-01-22T23:09:17Z |
|
dc.date.available |
2022-07-11T21:38:33Z |
|
dc.date.copyright |
2018 |
|
dc.date.issued |
2018 |
|
dc.identifier.uri |
https://ir.wgtn.ac.nz/handle/123456789/20312 |
|
dc.description.abstract |
Data on the proportions in each of the labour force status categories sum to one and form a composition. Using the log ratios of the parts and a transform to orthogonal coordinates in a lower dimension provides a consistent way of handling this constraint. This paper emphasizes that a composition is a vector of values not a single number and shows a coordinate for employment participation is directly associated with a coordinate defining the level of search by those without jobs.The model is extended to deal with heterogeneity due to gender and current status and to generate a new analysis of the gross flows data. The associations observed provide evidence that micro decisions can be strongly modified by the macro situation and a Keynesian demand driven framework fits very well. |
en_NZ |
dc.format |
pdf |
en_NZ |
dc.language.iso |
en_NZ |
|
dc.publisher |
Te Herenga Waka—Victoria University of Wellington |
en_NZ |
dc.relation.ispartofseries |
SEF Working paper ; 01/2018 |
en_NZ |
dc.subject |
Composition models |
en_NZ |
dc.subject |
Unemployment |
en_NZ |
dc.subject |
Gross flows data |
en_NZ |
dc.subject |
Labor force status |
en_NZ |
dc.subject |
Labour force status |
en_NZ |
dc.subject |
US labor force |
en_NZ |
dc.subject |
U.S labour force |
en_NZ |
dc.subject |
Log ratio models |
en_NZ |
dc.subject |
Rationing |
en_NZ |
dc.title |
Employment participation, unemployment and non market work: Composition models of the United States labour force |
en_NZ |
dc.type |
Text |
en_NZ |
vuwschema.contributor.unit |
School of Economics and Finance |
en_NZ |
vuwschema.subject.anzsrcfor |
140211 Labour Economics |
en_NZ |
vuwschema.subject.marsden |
U.S labour force |
en_NZ |
vuwschema.type.vuw |
Working or Occasional Paper |
en_NZ |
vuwschema.subject.anzsrcforV2 |
380111 Labour economics |
en_NZ |
dc.rights.rightsholder |
http://www.victoria.ac.nz/sef/research/sef-working-papers |
en_NZ |