Examples of academic publications and work in progress
This page presents examples of academic publications I have authored/co-authored as well as work in progress.
Publications
Chindamo, P. (2011), ‘Australian labour market flows over the business cycle’. Australian Bulletin of Labour, vol. 37, no. 1, pp. 127-137.
This paper analyses the behaviour of Australian labour market transition rates. Since the early 1980s, the job-finding rate has been significantly more volatile than the job-loss rate and it is strongly pro-cyclical. The economic downturns of the early 1980s and early 1990s were associated with up to a 10 percentage points decline in the average job-finding rate. In comparison, the recent economic downturn was associated with a less significant decline in the job-finding rate. During these periods, the job-loss rate has shown less significant volatility. The findings of this paper suggest that the job search activities of workers are potentially more relevant in explaining the volatility of labour market variables such as the unemployment rate, and whether emerging skill shortages can be addressed. Policies that assist job search and the skills development of workers are important, as is the intensity of workers' search activity.
Link to publication
Chindamo, P. (2010), ‘The predictive ability of business survey indices’, Economic Papers: a journal of applied economics and policy, vol. 29, no. 4, pp. 466-482.
This article assesses the predictive ability of the survey-based business performance indices produced by the Australian Industry Group with respect to “official” Australian economic data. The index related to manufacturing sector performance is a useful predictor of official economic data for the manufacturing sector. This usefulness is both in terms of providing early information on current period economic conditions and providing information regarding future period economic conditions. The results for the services and construction sector indices are mixed, with limited evidence of Granger causality from the services sector index to the corresponding official economic data for the services sector. There is some value in the construction sector index as both a leading indicator as well as a timelier contemporary indicator of construction sector economic activity.
Link to publication
Chindamo, P and Uren, L. (2010), ‘Vacancies and Unemployment in Australia’, The Australian Economic Review, vol. 43, no. 2, pp. 136-152.
This article examines the extent to which the Mortensen–Pissarides model of labour market search can quantitatively match business cycle fluctuations in Australia. With productivity and job-separation-rate shocks, the model fails to produce substantial volatility among unemployment or vacancies, a result similar to Shimer's (2005) findings for the United States. Examining a broader range of shocks significantly increases the magnitude of business cycle fluctuations, but still only explains roughly 25 per cent of labour market volatility. The implied volatility of wages in the model is similar to that in the data and hence excessive wage flexibility is unlikely to be central to the failure of the model as claimed in the literature.
Link to publication
Chindamo, P and Hassan, S. (2017), ‘Effective data governance: from strategy through to implementation’, Governance Directions, vol. 69, no. 4, pp. 207-210.
When pressed, many organisations confidence on their data quality, security and even accountability vanishes. Corporations try and utilise data without any strategy or a clear implementation plan resulting in failure sometimes with catastrophic consequences. There is no shortage of good intention, it’s just ineffective implementation. This article attempts to articulate how any organisation can implement a robust data governance framework that will assist in achieving its purpose while maximising the use of data as an asset.
Link to publication
Other work
IDEAS at Federal Reserve Bank of St Louis
Publications
Chindamo, P. (2011), ‘Australian labour market flows over the business cycle’. Australian Bulletin of Labour, vol. 37, no. 1, pp. 127-137.
This paper analyses the behaviour of Australian labour market transition rates. Since the early 1980s, the job-finding rate has been significantly more volatile than the job-loss rate and it is strongly pro-cyclical. The economic downturns of the early 1980s and early 1990s were associated with up to a 10 percentage points decline in the average job-finding rate. In comparison, the recent economic downturn was associated with a less significant decline in the job-finding rate. During these periods, the job-loss rate has shown less significant volatility. The findings of this paper suggest that the job search activities of workers are potentially more relevant in explaining the volatility of labour market variables such as the unemployment rate, and whether emerging skill shortages can be addressed. Policies that assist job search and the skills development of workers are important, as is the intensity of workers' search activity.
Link to publication
Chindamo, P. (2010), ‘The predictive ability of business survey indices’, Economic Papers: a journal of applied economics and policy, vol. 29, no. 4, pp. 466-482.
This article assesses the predictive ability of the survey-based business performance indices produced by the Australian Industry Group with respect to “official” Australian economic data. The index related to manufacturing sector performance is a useful predictor of official economic data for the manufacturing sector. This usefulness is both in terms of providing early information on current period economic conditions and providing information regarding future period economic conditions. The results for the services and construction sector indices are mixed, with limited evidence of Granger causality from the services sector index to the corresponding official economic data for the services sector. There is some value in the construction sector index as both a leading indicator as well as a timelier contemporary indicator of construction sector economic activity.
Link to publication
Chindamo, P and Uren, L. (2010), ‘Vacancies and Unemployment in Australia’, The Australian Economic Review, vol. 43, no. 2, pp. 136-152.
This article examines the extent to which the Mortensen–Pissarides model of labour market search can quantitatively match business cycle fluctuations in Australia. With productivity and job-separation-rate shocks, the model fails to produce substantial volatility among unemployment or vacancies, a result similar to Shimer's (2005) findings for the United States. Examining a broader range of shocks significantly increases the magnitude of business cycle fluctuations, but still only explains roughly 25 per cent of labour market volatility. The implied volatility of wages in the model is similar to that in the data and hence excessive wage flexibility is unlikely to be central to the failure of the model as claimed in the literature.
Link to publication
Chindamo, P and Hassan, S. (2017), ‘Effective data governance: from strategy through to implementation’, Governance Directions, vol. 69, no. 4, pp. 207-210.
When pressed, many organisations confidence on their data quality, security and even accountability vanishes. Corporations try and utilise data without any strategy or a clear implementation plan resulting in failure sometimes with catastrophic consequences. There is no shortage of good intention, it’s just ineffective implementation. This article attempts to articulate how any organisation can implement a robust data governance framework that will assist in achieving its purpose while maximising the use of data as an asset.
Link to publication
Other work
IDEAS at Federal Reserve Bank of St Louis