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In this paper we explain the prevalence of explicit contracts of employment, particularly those that embody high- rather than low-powered incentives and clauses that supersede the common law defaults. Our analysis is based on an understanding of two fundamental problems that arise when agency...
Persistent link: https://www.econbiz.de/10005076642
The final report of the public inquiry, National Workers' Compensation and Occupational Health and Safety Frameworks. Consistent with its terms of reference, the Commission had recommended a national workers’ compensation scheme to operate alongside those of the States and Territories to...
Persistent link: https://www.econbiz.de/10005062773
„h The overarching policy framework for resource use and management in Australia is Ecologically Sustainable … Australia may not ensure adequate biodiversity protection. „h There is therefore merit in considering complementary approaches …
Persistent link: https://www.econbiz.de/10005407782
The purpose of this paper is to show that the common law governing the employment of labor makes the distinction not only between employee and independent contractor but also between managerial control and agency. The idea is that common law precedents govern workers who are employed and...
Persistent link: https://www.econbiz.de/10005412528
This paper proposes a theoretical framework for studying the invention of new products when demand is uncertain. In … this framework, under general conditions, the threat of ex post entry by a competitor can deter invention ex ante … operating system monopolist, by its mere presence, can deter the invention of complements, to its own detriment as well as that …
Persistent link: https://www.econbiz.de/10005134408
We examine trend economic developments in New Zealand and in each of Australia’s six states and two territories (i …
Persistent link: https://www.econbiz.de/10005076558
The recovery from the 1890s depression in Australia was prolonged, and economic growth 1895-1913 was below that in the … comparable settler economies of Argentina and Canada. Why? Australia’s hesitant initial recovery is typically attributed to the …
Persistent link: https://www.econbiz.de/10005124971
A two-block open economy model is estimated in this paper using Australian and U.S. data. Evaluation of the estimated model is carried out in relation to a simple closed economy alternative. Namely, we inspect the implied transmission mechanisms, and examine the relative out-of-sample...
Persistent link: https://www.econbiz.de/10005125001
On 16 July 2001 the Assistant Treasurer referred a range of legislation and associated regulations relating to spectrum management processes which are provided for under radiocommunications and other legislation, for inquiry and report.The Commission made a series of recommendations designed to...
Persistent link: https://www.econbiz.de/10005135050
In January 2003, the Government asked the Commission to undertake a study into the Mutual Recognition Agreement (MRA) and Trans-Tasm an Mutual Recognition Arrangement (TTMRA).
Persistent link: https://www.econbiz.de/10005135060