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Forward Planning and Stability of the Australian Migration Program

Author

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  • Harry R Clarke

    (Department of Economics and Finance, La Trobe University)

Abstract

Should the Australian immigration intake be forward-planned and, if so, should the resulting intake be numerically stable through time? There are sound reasons for anticipating the effects of current intakes on future intakes and for basing current intakes on Australia's long-term national objectives. These policy requirements imply a case for forward planning but not the need for a stable intake. Appropriately designed numerically unstable intakes are preferable to stable intakes because instability, while introducing adjustment costs, avoids more significant losses due to reduced selectivity in the entry mix. Copyright 1996 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research.
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Suggested Citation

  • Harry R Clarke, 1995. "Forward Planning and Stability of the Australian Migration Program," Working Papers 1995.01, School of Economics, La Trobe University.
    • Handle: RePEc:ltr:wpaper:1995.01
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    Cited by:

    1. Deborah A. Cobb-Clark, 2003. "Public policy and the labor market adjustment of new immigrants to Australia," Journal of Population Economics, Springer;European Society for Population Economics, vol. 16(4), pages 655-681, November.
    2. Cobb-Clark, Deborah & Crossley, Thomas F., 2004. "Revisiting the family investment hypothesis," Labour Economics, Elsevier, vol. 11(3), pages 373-393, June.

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