This paper investigates whether the systematic asymmetric behaviour of the US unemployment rate can be explained by the stock market. We consider threshold models to capture the asymmetric relationship between quarterly US unemployment rate and Dow Jones Industrial Average (DJ) stock returns. We...

This paper examines the costs of inflation and unemployment encountered in the post-war Australian economy. The analysis takes place under the assumption that a trade-off between inflation and unemployment has persisted over this period. The methodology encompasses estimates of Okuns coefficient...

Recently, it has been shown that seasonal and business cycles are related and a similar economic mechanism is at work in producing both types of cycles. Thus, an analysis of seasonal fluctuations shed light on the nature of the business cycle. This paper uses the LM-type tests proposed by Canova...

This paper presents a model of inter-regional household migration that extends recent developments in the literature in 2 important ways. First the interaction between the members of the household in the migration decision-making process is explicitly modelled through the application of the...

This paper extends the empirical work of Wilson (1997) by estimating the determinants of migration between Australia's thirteen major statistical regions. An econometric model is estimated using aggregate data from the 1981-86 intercensal period and weighted least squares.

This paper studies the determinants of inter-state migration in Australia between 1981 and 1986. A model of inter-regional migration is presented in two parts. First, a neo-classical model of voluntary inter-regional migration is developed. Second, the neo-classical model is transformed into a...

This paper examines the costs of inflation and unemployment encountered in the post-war Australian economy. The analysis takes place under the assumption that a trade-off between inflation and unemployment has persisted over this period. The methodology encompasses estimates of Okuns coefficient...

This paper presents a model of inter-regional household migration that extends recent developments in the literature in 2 important ways. First the interaction between the members of the household in the migration decision-making process is explicitly modelled through the application of the...