A Time Series Analysis of Labour Absence in Australia

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Abstract
We find evidence from Australian time-series data supporting two hypotheses about the determination of labour absence. First, labour absence modeled in a utility-maximising framework which stresses the opportunity cost of labour absence receives considerable support from the data. Variables which change the slope and/or shift the budget constraint facing workers affect labour absence. Secondly, we find tentative evidence that coercive or difficult work environments which apparently affect job satisfaction adversely affect labour absence. In particular, it appears that labour absence is a leading indicator of a deteriorating industrial relations environment characterised by increased industrial disputation.

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