Narrow search
Showing 1 - 10 of 673
Cover Image
Assessing Australian monetary policy in the twenty-first century
Gross, Isaac; Leigh, Andrew - 2022
Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in …
Persistent link: https://www.econbiz.de/10013373260
Cover Image
The active role of the natural rate of unemployment during cyclical recoveries
Hall, Robert Ernest; Kudlyak, Marianna - 2023
We propose that the natural rate of unemployment has an active role in the business cycle, in contrast to the prevailing view that the rate is essentially constant. We demonstrate that this tendency to treat the natural rate as near-constant would explain the surprisingly low slope of the...
Persistent link: https://www.econbiz.de/10014423725
Cover Image
Australia: the miracle economy
Junankar, Pramod N. - 2013
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
Cover Image
Then and now : reflections on two Australian mining booms
Gregory, Robert G. - 2011
Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a …
Persistent link: https://www.econbiz.de/10009408694
Cover Image
The effect of shocks to labour market flows on unemployment and participation rates
Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014
This paper presents an analysis of labour market dynamics, in particular of flows in the labour market and how they interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market performance. Our analysis has two special features. First,...
Persistent link: https://www.econbiz.de/10010360089
Cover Image
Lives saved during economic downturns: evidence from Australia
Atalay, Kadir; Edwards, Rebecca; Schurer, Stefanie; … - 2020
Australia, a country with universal health care. Using administrative time-series data on mortality that varies by state, age … reduction in vehicle transport accidents. Our estimates imply 425 fewer deaths if Reserve Bank of Australia expectations of a … implementation of universal health care in Australia in 1984. Our results suggest that universal health care may insulate individuals …
Persistent link: https://www.econbiz.de/10012294848
Cover Image
The Great Recession and children's mental health in Australia
Bubonya, Melisa; Cobb-Clark, Deborah A.; Christensen, Daniel - 2018
This paper analyzes the effects of "shocks" to community-level unemployment expectations, induced by the onset of the Great Recession, on children's mental well-being. The Australian experience of the Great Recession represents a unique case study as despite little change in actual unemployment...
Persistent link: https://www.econbiz.de/10011925449
Cover Image
A tacit monetary policy of the Gulf countries : is there a remittances channel?
Termos, Ali; Genc, Ismail H.; Naufal, George - 2015
The strong economic ties between the GCC economies and the U.S. are manifested in three ways: currency peg, coupling of monetary policy, and the adoption of the U.S. dollar as the trading currency for oil. This paper examines how these dynamics result in a misalignment of the U.S. monetary...
Persistent link: https://www.econbiz.de/10010472482
Cover Image
The recovery from the Great Recession: a long, evolving expansion
Shambaugh, Jay C.; Strain, Michael R. - 2021
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441
Cover Image
Benefit reentitlement conditions in unemployment insurance schemes
Andersen, Torben M.; Strøm Kristoffersen, Mark; … - 2015
Unemployment insurance schemes include conditions on past employment history as part of the eligibility conditions. This aspect is often neglected in the literature which primarily focuses on benefit levels and benefit duration. In a search-matching framework we show that benefit duration and...
Persistent link: https://www.econbiz.de/10010510632