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Do you have to drink each time you mention the Beveridge Curve?

12 February 2011, 6:38 am

I copped some gentle flack yesterday for asking the RBA Governor about the Beveridge Curve. Here’s an illustration of the data that concerned me (thanks to Scott Kompo-Harms at the Parliamentary Library for compiling it).





Category: Macroeconomics

3 Comments

  1. Matt C says:
    14 February 2011 at 4:33 pm

    Hi Andrew,
    A couple of questions about this chart
    1) Was this compiled using ABS 6354.0? If so, does the series break in May 2008-November 2009 offer a potential explanation for the apparent rightward shift?
    2) Is it possible for you to upload the .XLS file that this graph is based on?
    Thanks

  2. Sinclair Davidson says:
    15 February 2011 at 8:35 am

    How did he calculate the vacancy rate?

  3. Alan H says:
    2 March 2011 at 1:19 pm

    The ANZ vacancies series suggests that vacancies have risen most strongly in WA. (They only seem to have newspaper ads on a state basis, rather than newspaper plus internet.) Presumbly people are slower to move all the way to the west to fill a vacancy than up or down the east coast. Perhaps this could contribute toward the shift to the right.