The growing literature on financial literacy suggests people in many countries are poorly prepared for making major financial decisions. One important sub-population rarely examined by financial literacy studies is immigrants, who have specialized financial needs related to remittances. This...

In this paper we examine the volatility of aggregate output and employment in Australia with the aid of a frequency filtering method (the Butterworth filter) that allows each time series to be decomposed into trend, cycle and noise components. This analysis is compared with more traditional...

This paper considers the most appropriate technique to be used to decompose moments over time of a weighted average into rate and weight (age) components and also proposes various graphical methods by which we can best present the results of decomposition procedures. The material is illustrated...

We find that post-school education earnings premia have remained strikingly stable over the 1981 to 2003-04 period in Australia. This stability is in sharp contrast to the rising college premium observed in the US. The observed stability in Australia may in part be due to changes in the...

There is a considerable body of evidence showing that it is the inflow into unemployment that drives the unemployment rate up and down and so from a policy point of view an important question is whether or not movements in state inflow reflect the impact of state-specific shocks or common shocks...

This paper presents time series of tariff rates in Australia from the time of Federation. As a preliminary to the construction of economy-wide series, it constructs series for three broadly representative goods throughout the 100 years; passenger motor vehicles, blankets and beer. It then...

We model the relationship between hours of work and employment and argue that unless actual hours are varying with a change in ‘standard hours’, actual hours should not appear in the long-run component of an equation for employment. If however standard hours are changing then it is desirable...