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The paper uses MONASH, a dynamic computable general equilibrium model, to investigate the impact on the Australian economy of a 50 per cent increase in the skilled migrant intake over the period 2005-2025. The primary purpose of the modelling it to identify how the labour market might absorb an...
Persistent link: https://www.econbiz.de/10004968016
The future effects of population ageing on the Australian economy have been widely canvassed in recent years, most notably in the two Intergenerational Reports produced by the Australian Treasury and in the Economic Implications of an Ageing Australia report produced by the Productivity...
Persistent link: https://www.econbiz.de/10005031647
We forecast detailed trends for employment by industry, occupation and qualification in Vietnam for the period 2010 - 2020. The forecast is conducted using VNET - a large-scaled computable general equilibrium (CGE) model of the Vietnamese economy. Inputs into the forecast include independent...
Persistent link: https://www.econbiz.de/10009144118
A primary motivation for providing education and training is to equip the workforce with the skills it requires to meet the needs of industry. Furthermore, as training takes some time to accomplish, the training that is provided today must be targeted at the needs of industry at some time in the...
Persistent link: https://www.econbiz.de/10010747619
In 1994, the Australian National Training Authority (ANTA) was established by agreement between the Commonwealth, State and Territory governments. Central to the agreement is the National Strategy for Vocational Education and Training (VET) which is organized around the four main themes of...
Persistent link: https://www.econbiz.de/10004968019
In its recent White Paper on Employment and Growth, the Australian Government announced a comprehensive new agenda to supplement its existing employment policies. It includes the following major elements * reforms to labour market assistance; * training and education reforms; * a reconstructed...
Persistent link: https://www.econbiz.de/10004968020
A social accounting matrix is a framework for organising information about income, expenditure and financial flows in the economy. This paper describes a methodology for compiling such a matrix for the Australian economy as it existed in 1996-97. It distinguishes between five institutions,...
Persistent link: https://www.econbiz.de/10004968027
Since 1993 the Centre of Policy Studies has been using the MONASH model to produce year-by-year forecasts for the Australian economy, typically with forecast horizons of about ten years. MONASH is a large dynamic applied general equilibrium model. The MONASH forecasting system takes as inputs...
Persistent link: https://www.econbiz.de/10005001203
This paper presents the theoretical specification of the MONASH-MRF model. MONASH-MRF is a multiregional multisectoral model of the Australian economy. Included is a complete documentation of the model's equations, variables and coefficients. The documentation is designed to allow the reader to...
Persistent link: https://www.econbiz.de/10005001207
In a recent report, the Organisation for Economic Cooperation and Development has argued that certain key developments, including globalisation, population ageing and the diffusion of information technologies, are causing a shift in the demand for labour in modern advanced economies. Demand is...
Persistent link: https://www.econbiz.de/10005001210