Search

Prime Minister Julia Gillard released the 'Australia in the Asian Century' White Paper in October 2012, describing it as 'a roadmap showing how Australia can be a winner in the Asian Century'. This article provides a review of Australia's progress on engagement with Asia 2 years after the White Paper. It covers the political and performance status of key Asia- related initiatives following the election of the Abbott government. It finds a high level of continuity and support for individual policies and objectives in the White Paper. However, there have been some significant changes in policy, emphasis and approach and emerging areas of underperformance. [ABSTRACT FROM AUTHOR]

The article offers a reflection on the Household, Income and Labour Dynamics in Australia (HILDA) Survey. This panel dataset produced over 300 journal articles, about 30 books and book chapters and multiple public reports and working papers in 10 years. The survey covers the population's labor force, health status, income and family structures. The Commonwealth Department of Families, Housing, Community Services and Indigenous Affairs created the HILDA Survey in 2000.

Comments on the Australian Green Paper entitled 'Restoring Full Employment,' released by the Committee on Employment Opportunities in December 1983. Relationship between unemployment and job vacancies; Concept of training wages; Types of worksharing; Modification of the income test to encourage part-time and casual work.

Assesses the Australian Green Paper entitled 'Restoring Full Employment,' released by the Australian Committee on Employment Opportunities in December 1983. Determinants of the economic growth rate; Relation between economic growth and unemployment rates; Use of the Access Economics Model to predict changes in the unemployment rates.

Examines the key propositions and recommendations of the Australian Green Paper entitled 'Restoring Full Employment,' released by the Committee on Employment Opportunities in December 1993. Expansion in labor market program spendings; Use of wage subsidies to be implemented by public sector job creation programs; Economic growth maximization.

Lists Australian and New Zealand working papers and research reports in the field of economics as of September 1988. Topics, Authors, Manner of obtaining copies.

How large is Australia's fiscal space? Blanchard (2019) shows that as long as the real interest rate R $R$ is below the real growth rate G $G$, a government can sustain a positive primary deficit with a constant (or even declining) ratio of public debt to GDP. In this article, we explain the neutral real interest rate and the reasons for its decline. Then, we discuss the results of a companion paper, Domínguez and Quiggin (2022), in which we quantify the fiscal space for Australia and find that a permanent increase in the primary deficit can be afforded up to reaching a debt to GDP ratio of 79 per cent. Furthermore, this so‐called 'free lunch' in the fiscal space can be expanded if debt is used to finance public investment. [ABSTRACT FROM AUTHOR]

This paper presents an original estimation of the size of the ground‐rent appropriated by competing social subjects in the Australian economy over the long term, and of several economic variables necessary to accomplish that measurement. The paper also assesses the relative importance of ground‐rent in total surplus‐value and the Australian process of capital accumulation, finding that it constitutes a significant portion. Finally, the paper estimates the determinants of the ground‐rent yielded by mining lands used to produced iron ore and mineral coal during the recent 'commodities price boom', stressing the importance of the location factor. [ABSTRACT FROM AUTHOR]

Australia has a long‐standing dependence on foreign investment to make up the difference between domestic saving and investment opportunities. There is, nevertheless, an ongoing debate about the merits or otherwise of inward foreign investment. There has also been a recent tightening of criteria governing foreign investment. The OECD assesses Australia's foreign direct investment regime to be one of the most restrictive in the OECD area, while broader discussions have considered the potential for a decline in Australia's credit rating. This paper uses a dynamic global general equilibrium model—GDyn‐FS—to report on the national and sectoral effects of a decline in the desirability of investing in Australia, relative to other countries. [ABSTRACT FROM AUTHOR]

Three years into the COVID‐19 pandemic, this article considers the longer‐lasting economic impacts on the Australian workforce through a gender lens. Using Australian Bureau of Statistics data, it analyses changes in employment, earnings and educational participation relative to the pre‐pandemic trends that were predicted to have otherwise occurred. Despite women's employment moving back towards pre‐pandemic levels more rapidly than men's, the pandemic also saw a widening of the gender gap in earnings and a larger fall in women's educational participation. This paper highlights the need for ongoing monitoring of labour market indicators through a gender lens to inform more responsive policy design. [ABSTRACT FROM AUTHOR]