Showing 1 - 7 of 7
We present the Phillips curve in Australia in the frequency domain and document an evolving pattern in its slope at low frequencies under different monetary policy regimes and labor market regulations. The RBA adopted monetary targeting in 1976 and inflation targeting in 1993. There were...
Persistent link: https://www.econbiz.de/10011249526
This study presents disaggregated food demand elasticities for Australia using data drawn from the latest two national Household Expenditure Surveys covering the period 1998/99 and 2003/04. Adopting an Almost Ideal Demand System approach, a food demand system is estimated for 15 food categories,...
Persistent link: https://www.econbiz.de/10008691799
There is renewed interest in robust estimates of food demand elasticities at a disaggregated level not only to analyse the impact of changing food preferences on the agricultural sector, but also to establish the likely impact of pricing incentives on households. Using data drawn from two...
Persistent link: https://www.econbiz.de/10011169754
Although the importance of the elasticity of substitution between capital and labor (σ) has long been recognized in several branches of economics, it has received too little attention in the growth literature. This paper aims to partly rectify this omission by exploring the growth potentials...
Persistent link: https://www.econbiz.de/10004997875
The elasticity of substitution between capital and labor (σ) is a second-order parameter of the production function but has a first-order effect on economic growth. Although the importance of this elasticity has long been recognized in several branches of economics, it has received too little...
Persistent link: https://www.econbiz.de/10004997886
In discrete choice models the marginal effect of a variable of interest that is interacted with another variable differs from the marginal effect of a variable that is not interacted with any variable. The magnitude of the interaction effect is also not equal to the marginal effect of the...
Persistent link: https://www.econbiz.de/10004997899
This paper uses household and village level survey data to investigate the food security of male and female headed households in Bangladesh with particular attention to indigenous ethnic groups. Given the broadness of the concept of food security and complexities of choosing any particular...
Persistent link: https://www.econbiz.de/10004997932