The twenty-five years after WW 2 witnessed strong labour market institutions and beneficial labour market outcomes -- high wage growth and integration of low-skilled immigrants. Then came the macro shocks of the mid 1970s. Labour market outcomes deteriorated as full-time employment population...

"During the Chinese Cultural Revolution many schools stopped normal operation for a long time, senior high schools stopped student recruitment for up to 6 years, and universities stopped recruitment for an even longer period. Such large scale school interruptions significantly reduced the...

This paper discusses the large reductions in full-time employment among unskilled Australian males that began in the 1970's and continued over the next three to four decades. Over this period, each recession led to large falls in the male full-time employment-population ratio and during each...

Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by export price increases (trading gains) rather than export...