Was there a Skills Shortage in Australia?

Pramod (Raja) Junankar

No 4651, IZA Discussion Papers from Institute of Labor Economics (IZA)

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.

Keywords: skill shortages; wage adjustments; migrants (search for similar items in EconPapers)
JEL-codes: J24 J31 J48 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2009-12
New Economics Papers: this item is included in nep-hrm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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