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The Insider-Outsider Theory - Some Evidence from Australia

Author

Listed:
  • Michael Dobbie

    (Department of Economics, Macquarie University)

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.

Suggested Citation

  • Michael Dobbie, 2004. "The Insider-Outsider Theory - Some Evidence from Australia," Research Papers 0407, Macquarie University, Department of Economics.
    • Handle: RePEc:mac:wpaper:0407
    as

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    File URL: http://www.econ.mq.edu.au/research/2004/ajle.pdf
    File Function: First Version, 2004
    Download Restriction: no
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    More about this item

    Keywords

    Insiders; outsiders; long-term unemployment;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J4 - Labor and Demographic Economics - - Particular Labor Markets
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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