This paper examines the incidence of worker displacement in Australia between 1984 and 1996. Similar to recent international studies a particular focus is on whether job security declined between the 1980s and 1990s. It is found that a significant, but apparently temporary, increase in the...

In this paper we take a preliminary step towards explaining the stylised facts, by examining the proximate causes for regional macroeconomic fluctuations in Australia.

This paper reports on part of an investigation designed to determine if Australian consumers expend upon non-durable goods and services in an optimizing or satisficing manner. In doing so, our analysis finds empirical evidence to support the recently developed Post Keynesian model of consumer...

Traverse analysis has two progenitors (David Ricardo, Karl Marx) and five pioneers: Michal Kalecki, Adolph Lowe, Joan Robinson, J.R. Hicks, and John Hicks. Defined as the dynamic disequilibrium adjustment-path that connects an initial with a different terminal state of economic growth, the...