SINGAPORE'S BEVERIDGE CURVE: A Comparative Study of the Unemployment and Vacancy Relationship for Selected East Asian Countries
Shandre M. Thangavelu and
Additional contact information
Edward Teo: Ministry of Manpower, Singapore
Shandre M. Thangavelu: Department of Economics, National University of Singapore
Elizabeth Quah: Ministry of Manpower, Singapore
SCAPE Policy Research Working Paper Series from National University of Singapore, Department of Economics, SCAPE
This paper explores the relationship between unemployment (U) and job vacancies (V) in the Singapore labour market. Empirical analysis using the framework of the UV Curve (also known as the Beveridge Curve) indicates that Singapore’s labour market appears to have improved in its matching efficiency as compared to other East-Asian countries. However, detailed study of Beveridge Curve for the Singapore economy reveals that it has become more inelastic since the Asian crisis, thereby suggesting that the labour market is less responsive in recent years. This might suggest the possibility that employers are now more cautious and selective in their employment decisions.
New Economics Papers: this item is included in nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:sca:scaewp:0508
Access Statistics for this paper
More papers in SCAPE Policy Research Working Paper Series from National University of Singapore, Department of Economics, SCAPE Contact information at EDIRC.
Series data maintained by ().