Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/35914
Authors: 
Junankar, P. N. (Raja)
Year of Publication: 
2009
Series/Report no.: 
IZA discussion papers 4651
Abstract: 
The paper analyses the problem of a skills shortage in Australia. It begins with an analysis of the operation of a labour market in terms of stocks and flows of labour services and human capital acquisition. It discusses the definition of a skills shortage, why it persists, and then looks at evidence from Australia, in particular, the resource rich states of Queensland and Western Australia over the past decade. It discusses possible employer responses to a skills shortage. Finally, it discusses whether the government should intervene, and if so what policies may help to relieve a skills shortage.
Subjects: 
Skill shortages
wage adjustments
migrants
JEL: 
J24
J31
J48
Document Type: 
Working Paper

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