Labour market reform and the macroeconomic efficiency of the labour market in Australia
评估了澳大利亚十五年劳动力市场改革对宏观层面劳动力市场灵活性的影响，通过贝弗里奇曲线移动衡量效率变化，发现匹配效率变化主要源于滞后效应的周期影响而非改革本身。
This paper assesses the effects of a decade and a half of labour market reform in Australia on labour market flexibility at the macroeconomic level. Increased labour market flexibility is interpreted as reduced structural unemployment and enhanced efficiency of matching. We use shifts in the Beveridge Curve as a measure of changes in labour market efficiency (following Solow, R., What is labour-market flexibility? What is it good for?, Keynes Lecture, British Academy, London, December, 1997). Time series analysis of unemployment, vacancies and other relevant variables strongly suggests that changes in the efficiency of labour market matching over the period reflect the cyclical effects of hysteresis rather than the effects of labour market reform. Copyright 2004, Oxford University Press.