Evidence from a range of countries suggests the existence of a "wage curve" -an inverse relation between earnings of individual workers and the rate of unemployment in the region in which they live. If such a relation does exist it has important implications for labour market theory and policy....

This paper examines the incidence of worker displacement in Australia between 1984 and 1996. Similar to recent international studies a particular focus is on whether job security declined between the 1980s and 1990s. It is found that a significant, but apparently temporary, increase in the...

This study examines changes in earnings inequality for full-time employees in Australia between 1982 and 1994-95 using individual-level data from the ABS Income Distribution Survey. It present measures of changes in earnings inequality for disaggregated workforce groups. It also provides...

We study the pro-competitive gains from international trade in a quantitative model with endogenously variable markups. We find that trade can significantly reduce markup distortions if two conditions are satisfied: (i) there is extensive misallocation and (ii) opening to trade exposes hitherto...

Over the last few decades there have been significant increases in student enrolments in Australian non-government schools. It has been suggested that this growth has been the outcome of government subsidies to non-government schools. Despite this significant funding school fees have also been...

Data for measuring poverty and income inequality are frequently available in a summary form that describes the proportion of income or expenditure for each of a number of population proportions. While various discrete measures can be applied directly to data in this limited form, these discrete...

We study the gains from trade in a model with endogenously variable markups. We show that the pro-competitive gains from trade are large if the economy is characterized by (i) extensive misallocation,i.e., large ineciencies associated with markups, and (ii)a weak pattern of cross-country...

We consider the canonical directed search framework in which sellers play pure strategies and assume that buyers play strategies that are monotone in prices, can remain inactive and choose to do so whenever their payoff from participating is zero regardless of what the other buyers do. We show...

This paper studies how much information can be revealed when agents with private information lack commitment to actions in a given mechanism as well as to the mechanism itself. In a two-person decision problem, agents are allowed to hold on to an outcome in one mechanism while they play another...