The Insider-Outsider Theory - Some Evidence from Australia

Michael Dobbie

No 407, Research Papers from Macquarie University, Department of Economics

Abstract: This paper uses Australian micro data to test the insider-outsider model. As part of this, the paper also examines whether the distinction between insiders and outsiders has more relevance for males or females. The paper finds that males have more insider power than females. It is also argued that this represents an indirect test in support of Lindbeck and Snowers’s (1988) turnover cost version of the theory. The paper pays particular attention to specification and estimation problems associated with the research.

Keywords: Insiders; outsiders; long-term unemployment (search for similar items in EconPapers)
JEL-codes: J3 J4 J6 (search for similar items in EconPapers)
Pages: 26 pages.
Date: 2004-09
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