Dramatic changes in the relative prices of goods in international trade have accompanied, and indeed preceded, the global crisis. These changes are reflected in the terms of trade of individual countries and in the relative prices of goods within those countries. Asia-Pacific countries are...

As data from multiple waves of HILDA become available, Australian researchers will be able to study the unemployment spell in detail never before possible, hopefully leading to an improved understanding of the nature and impact of unemployment. This paper makes an initial contribution in...