Add to ORKGThis paper estimates a simultaneous-equation model of wages and prices for Australia, underpinned by a competing claims framework of imperfect competition. Two separate cointegrating relationships for wages and prices are identified by imposing the economic hypotheses implied by the theory. The steady-state relationships for wages and prices are then embedded in a parsimonious, dynamic wage-price model. The final model is both simple and parsimonious and able to describe the process of wage and price inflation in Australia
This paper estimates a three-equation model of the Australian labor market, for employment, real wag...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
This paper estimates a simultaneous-equation model of wages and prices for Australia, underpinned by...
Traditional macroeconometric models of the Australian economy estimate the behaviour of wage and pri...
This paper develops an empirically constant, data-coherent, error correction model for inflation in ...
The purpose of this paper is to evaluate whether adding labour market frictions improves the basic N...
One of the major emerging macroeconomic problems during the past century has been the tendency for i...
One of the major emerging macroeconomic problems during the past century has been the tendency for i...
ISSN 1328-4991 (Print) ISSN 1447-5863 (Online) ISBN 0734031181 Melbourne Institute Working Paper No....
We develop a two equation model of wage setting and unemployment, which we estimate on annual time s...
This paper studies the usefulness of the P-star model in the analysis of the behaviour of prices in ...
A quantitative model is presented linking the rate of inflation and unemployment to the change in th...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
This thesis examines many different aspects of demand, supply and adjustment in the Australian labou...
This paper estimates a three-equation model of the Australian labor market, for employment, real wag...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
This paper estimates a simultaneous-equation model of wages and prices for Australia, underpinned by...
Traditional macroeconometric models of the Australian economy estimate the behaviour of wage and pri...
This paper develops an empirically constant, data-coherent, error correction model for inflation in ...
The purpose of this paper is to evaluate whether adding labour market frictions improves the basic N...
One of the major emerging macroeconomic problems during the past century has been the tendency for i...
One of the major emerging macroeconomic problems during the past century has been the tendency for i...
ISSN 1328-4991 (Print) ISSN 1447-5863 (Online) ISBN 0734031181 Melbourne Institute Working Paper No....
We develop a two equation model of wage setting and unemployment, which we estimate on annual time s...
This paper studies the usefulness of the P-star model in the analysis of the behaviour of prices in ...
A quantitative model is presented linking the rate of inflation and unemployment to the change in th...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
This thesis examines many different aspects of demand, supply and adjustment in the Australian labou...
This paper estimates a three-equation model of the Australian labor market, for employment, real wag...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competitio...