We develop a ten variable structural VAR model of the Australian economy for the period 1980 to 1995. The VAR methodology has not been widely applied in the Australian context, despite its popularity in quantitative macroeconomics internationally.

In traditional theories of regulation, any signal of a firm's activity that is informative will be used for an incentive scheme. This paper develops a simple theory of deregulation in which the manager of a firm is able to distort reports of firm activity, making the degreee of verifiability of...

This paper emphasises the importance of incorporating household production into the 'collective model' of the household, and considers how and to what extent the results of Chiappori (1992) can be extended to this case.

This paper extends analysis of the GATT Uruguay Round qualifiying the impact of international patent harmonization as implied by the TRIPs agreement.

This paper develops a dynamic model to account for the enhanced incentive effects that result from market reform in the form of a move toward private property rights and competitive market.

We consider the impact of the cost paradox on the likelihood of cooperative firms to use a cost reducing Research Joint Venture (RJV) to increase research levels when spillovers are large.