Research Discussion Paper – RDP 9305 The Unemployment/Vacancy Relationship in Australia

Contents

• Introduction
• Concepts and Existing Literature
• Estimation of Simple Beveridge Curves
• An Equilibrium Model of the UV Relationship
• Summary and Conclusions
• Data Appendix
• References

The authors would like to thank Raja Junankar and Cezary Kapunscinski for providing access to their duration of unemployment data. We are also grateful to Don Clark from the ABS, and Rhoda Jarman of the Department of Social Security for their assistance with the data, and to colleagues at the Reserve Bank for their helpful comments. Any errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia.