There has been a great deal of turnmoil in the Australian labour market over the past 25 years. This paper describes the main features of the changes which have occured over the principal dimensions of the work environment.

There have been rising levels of inequality in the earnings distribution in some OECD countries (principally the English-speaking ones) together with stubbornly higher levels of unemployment in many others. Australia has shared in the rise in earnings inequality, but not to the degree that the...

A long-term assessment of Asia's share of global GDP suggests that Asia has now almost reclaimed the role in the global economy it occupied in 1820. By focusing on the experience of key economies in Asia, this paper assesses why the continent's role weakened between 1820 and 1950 and...

This paper relies on daily price indices for stocks and bonds to analyze the functioning of the Tokyo Stock Exchange (TSE) in the period 1931-1940. Although the TSE was a large and liquid market, its pricing mechanisms significantly deviated from weak-form efficiency. In this context, zaibatsu...

This paper considers the evidence on real commodity prices over 160 years for 30 commodities representing 7.89 trillion USD worth of production in 2011. In so doing, it suggests and documents a complete typology of real commodity prices, comprising long-run trends, medium-run cycles, and...