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The underlying motivation for much of the research into the determinants of occupational attainment is to enable inferences to be made as to the relative position of various groups at a point in time, or an individual's economic mobility over time. In this paper we compare unordered and ordered...
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The Australian unemployment assistance scheme possesses two major features which differentiate it from North American programs. First, no qualifying period of employment is necessary. Second, benefits may be paid for an unlimited period. Analysis of the individual's work-leisure choice provides...
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Linear quadratic optimal control techniques are applied to a simplified reduced form model of the Australian money market to examine the tradeoff between improved monetary control and interest rate variability. We focus on a series of questions. Is quarterly control of the money supply feasible...
Persistent link: https://www.econbiz.de/10010769324
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Linear quadratic optimal control techniques are applied to a simplified reduced form model of the Australian money market to examine the tradeoff between improved monetary control and interest rate variability. We focus on a series of questions. Is quarterly control of the money supply feasible...
Persistent link: https://www.econbiz.de/10009141934
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Persistent link: https://www.econbiz.de/10009142008
The Report of the Crawford Study Group on Structural Adjustment (March 1979) is reviewed with particular emphasis on the Study Group's concept of an ‘outward looking, export oriented’ manufacturing sector. Reduced protection coupled with facilitative assistance through export...
Persistent link: https://www.econbiz.de/10011135724