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- Title
Financial Constraints and Job Mobility in Australia.
- Authors
LODEWIJKS, BEN
- Abstract
This article examines the effect of financial constraints on job mobility in Australia. After specifying a simple job search model which shows that the effect of wealth on job mobility is theoretically unclear, empirical analysis is undertaken using the first six waves of the Household, Income and Labour Dynamics in Australia (HILDA) Survey. The analysis indicates that men under the age of 40 with low levels of household wealth, liquidity and financial satisfaction are significantly more likely to engage in job-job transitions. However, financial constraints have no significant impact on job mobility decisions for women or older men.
- Subjects
AUSTRALIA; OCCUPATIONAL mobility; WEALTH; LIQUIDITY (Economics); EMPLOYMENT; EMPIRICAL research
- Publication
Economic Record, 2011, Vol 87, Issue 276, p61
- ISSN
0013-0249
- Publication type
Article
- DOI
10.1111/j.1475-4932.2010.00682.x