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unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using …
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it the Great Recession), but the Australian economy appears to be powering ahead. It is a miracle economy! Unlike most of … the OECD countries, Australia did not even have a recession. In this paper we study the behaviour of the Australian … made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …
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Although the unemployment rate is traditionally used to diagnose the current state of the labor market, this indicator … unemployment GAP. This indicator is useful for policy analysis as it is useful to forecast headline inflation, it also complements …
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