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the OECD countries, Australia did not even have a recession. In this paper we study the behaviour of the Australian … economy compared to some of the OECD countries and see that, in fact, Australia has a "miracle economy". The comparisons are …
Persistent link: https://www.econbiz.de/10009774315
Persistent link: https://www.econbiz.de/10002084626
We analyze the JobKeeper lump-sum wage subsidy introduced by the Australian government in response to the COVID-19 pandemic, paying particular attention to the role of temporary layoffs in saving jobs. Although temporary layoffs were widely used, we find that recalls of workers on temporary...
Persistent link: https://www.econbiz.de/10012698917