The interactions between real and securities markets are investigated when the degree of monopoly increases. An elaboration of Kaldor's neo-Pasinetti model is used to analyse the relationship between consumption, investment, capital gains and the prices of securities. There are two principal...

Observation shows that there exist two parallel sectors - the private and state sectors in the Chinese economy and a large amount of employees of State-Owned enterprises (SOEs) "waiting at home". A model embodying these characteristics of the transitional Chinese economy is developed for...

First the financial market, then the product market... surely the time has come for deregulation of the labour market? Social theorists argue that labour market deregulation is something of an oxymoron. The market for labour power will always be regulated by someone, if not by the state or the...

We study the portfolio allocation decisions of Australian households using the relatively new Household Income and Labour Dynamics in Australia (HILDA) survey. We focus on household allocations to risky financial assets. Our empirical analysis considers a range of hypothesised determinants of...

This article examines the pedagogical benefits of using multimedia in the teaching of economics at an undergraduate level, then provides an example from my own teaching to serve as a reference for lecturers interested in creating an interactive learning environment, which prompts genuine two-way...