Factors Affecting the Number of Persons Commencing Employment Under the SYETP Scheme |
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actual adjustment alternative Appendix apply Australia behavioural model cent commencements in period commencing employment Commonwealth Government comparison consideration constant correlation cost December demand determined differed discussed dummy variable dynamic predictions effect eligible youth employment under SYETP equation estimated evidence examined example expected experience explanation explanatory variables Extended SYETP factors February Figure followed forecast given implication important indicate influences January July junior award wage known values labour lagged dependent variable level of subsidy LONG-TERM YOUTH UNEMPLOYMENT magnitude major monthly months number of commencements number of persons number of SYETP observations period possible predicting the number prediction errors predictive ability ratio reason relating relative remained sample shown significance simple approach Sources specification Standard SYETP commencements subsequent subsidised employment suggest supply-side variable SYETP scheme SYETP take-up Table term trend under-prediction vacancies variation Wage Subsidy Variable weeks young