RDP 9305: The Unemployment/Vacancy Relationship in Australia
Equation (12)
log
S
m
a
l
e
s
N
=
−
2.0
(
−
2.9
)
+
0.48
(
2.8
)
log
S
m
a
l
e
s
N
−
1
−
0.19
(
−
3.4
)
log
V
U
+
4.36
(
3.7
)
G
D
P
G
A
P
−
2
+
s
e
a
s
o
n
s
R
¯
2
=
0.93
P
(
L
M
1
)
=
0.24
P
(
L
M
4
)
=
0.23
P
(
B
P
)
=
0.45
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