Front Cover -- Governmental Financial Resilience: International Perspectives on How Local Governments Face Austerity -- Copyright Page -- Contents -- List of Contributo rs -- Chapter 1 Introduction: Governments and Crises -- Studying crises and austerity in the public sector -- An alternative...

It has recently been suggested that allowing for switches between different inflationary regimes produces a much better fit for the Fisher relationship between interest rates and inflation, at least for U.S. data. The paper assesses the merits of the regime-switching theory as an explanation for...

Australia''s remarkable economic performance during the 1990s has not resulted in a significant convergence of real per capita income, output, and employment levels across the country''s states and territories. This paper explores the role of certain economic rigidities that may have contributed...

The existing literature suggests a number of alternative methods to test for the presence of contagion during financial market crises. This paper reviews those methods and shows how they are related in a unified framework. A number of extensions are also suggested that allow for multivariate...

This paper analyzes the impact of product and labor market policies on technological diffusion and multi-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia. We use a simple convergence empirical framework to...

The first part of the study investigates Australia’s recent growth and productivity performance and then analyzes the impact of structural reforms on productivity growth. The short- and long-term effects of structural reforms on productivity growth are estimated using pooled and fixed effect...

1. Analyses, perspectives and jurisdictional overview / Jean du Plessis and Jeanne Nel de Koker -- 2. The United Kingdom / Andreas Ruhmkorf and Jean Jacques du Plessis -- 3. Australia / Tess Blackie and Jean Jacques du Plessis -- 4. South Africa / Neels Kilian, Jean du Plessis, and Jeanne Nel de...

Analyses, perspectives and jurisdictional overview / Jean Jacques du Plessis and Jeanne Nel de Koker -- The United Kingdom / Andreas Rühmkorf and Jean Jacques du Plessis -- Australia / Tess Blackie and Jean Jacques du Plessis -- South Africa / Neels Kilian, Jean du Plessis, and Jeanne Nel de...