发布求助
文献互助 智能选刊 最新文献

Australian Economic Review最新文献

筛选
英文 中文
A More Dynamic Economy 更具活力的经济
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-10-11 DOI: 10.1111/1467-8462.12488
Andrew Leigh
{"title":"A More Dynamic Economy","authors":"Andrew Leigh","doi":"10.1111/1467-8462.12488","DOIUrl":"10.1111/1467-8462.12488","url":null,"abstract":"<p>Economic dynamism is fundamental to productivity and living standards. Several important metrics suggest that the Australian economy has become less dynamic over recent decades. The share of workers starting a new job has fallen. Among employing businesses, the start-up rate has declined. On average, markets have become more concentrated. Mark-ups have increased. Reinvigorating competition policy may be an important means of boosting dynamism and raising the rate of productivity growth.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"431-440"},"PeriodicalIF":1.0,"publicationDate":"2022-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49159302","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Nowcasting the Australian Labour Market at Disaggregated Levels 临近预测澳大利亚劳动力市场的分类水平
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-09-14 DOI: 10.1111/1467-8462.12464
Samuel Shamiri, Leanne Ngai, Peter Lake, Yin Shan, Amee McMillan, Therese Smith, Kishor Sharma
{"title":"Nowcasting the Australian Labour Market at Disaggregated Levels","authors":"Samuel Shamiri,&nbsp;Leanne Ngai,&nbsp;Peter Lake,&nbsp;Yin Shan,&nbsp;Amee McMillan,&nbsp;Therese Smith,&nbsp;Kishor Sharma","doi":"10.1111/1467-8462.12464","DOIUrl":"10.1111/1467-8462.12464","url":null,"abstract":"<p>Detailed labour market and economic data are often released infrequently and with considerable time lags between collection and release, making it difficult for policy-makers to accurately assess current conditions. Nowcasting is an emerging technique in the field of economics that seeks to address this gap by ‘predicting the present’. While nowcasting has primarily been used to derive timely estimates of economy-wide indicators such as GDP and unemployment, this article extends this literature to show how big data and machine-learning techniques can be utilised to produce nowcasting estimates at detailed disaggregated levels. A range of traditional and real-time data sources were used to produce, for the first time, a useful and timely indicator—or nowcast—of employment by region and occupation. The resulting Nowcast of Employment by Region and Occupation (NERO) will complement existing sources of labour market information and improve Australia's capacity to understand labour market trends in a more timely and detailed manner.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"389-404"},"PeriodicalIF":1.0,"publicationDate":"2022-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44777449","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Public Debt: What Measures Should We Use? A Case Study of Public Debt in Mid- and Post-pandemic Australia and Its Economic, Policy and Social Consequences 公共债务:我们应该采取什么措施?流行病中期和后澳大利亚公共债务案例研究及其经济、政策和社会后果
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-09-02 DOI: 10.1111/1467-8462.12482
Sebastian Zwalf, Robin Scott
{"title":"Public Debt: What Measures Should We Use? A Case Study of Public Debt in Mid- and Post-pandemic Australia and Its Economic, Policy and Social Consequences","authors":"Sebastian Zwalf,&nbsp;Robin Scott","doi":"10.1111/1467-8462.12482","DOIUrl":"10.1111/1467-8462.12482","url":null,"abstract":"<p>The COVID-19 pandemic saw governments around the world suddenly accumulate substantially higher levels of public debt. We consider the level of debt entered into by Australia's federal, state and territory governments and compare this against three metrics for debt sustainability. Using these measures, we find that current and future public debt levels sit within what is regarded as sustainable by scholarly and practitioner opinion. However, we note that recent increases in interest rates will challenge this. We conclude by outlining a range of economic, social and policy challenges arising from the new high public debt environment.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"441-460"},"PeriodicalIF":1.0,"publicationDate":"2022-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12482","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48625030","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Yield Curve Control and Zero Interest Rate Policy in a Small Open Economy 小型开放经济中的收益率曲线控制与零利率政策
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-08-30 DOI: 10.1111/1467-8462.12484
Callum Jones, Mariano Kulish
{"title":"Yield Curve Control and Zero Interest Rate Policy in a Small Open Economy","authors":"Callum Jones,&nbsp;Mariano Kulish","doi":"10.1111/1467-8462.12484","DOIUrl":"10.1111/1467-8462.12484","url":null,"abstract":"<p>At the zero lower bound, the expected duration of zero interest rate policy has two dimensions which are key to understanding the stance of monetary policy: (i) the actual duration communicated by the central bank or expected by the private sector, and (ii) the duration prescribed by the underlying monetary policy rule—the rule that is in place in normal times. In a small open economy, the duration prescribed by the underlying monetary policy rule depends in part on foreign economic conditions. including foreign monetary policy. A monetary policy tightening abroad depreciates the exchange rate, increases inflation and shortens the duration prescribed by the monetary policy rule. We argue that a monetary policy strategy like yield curve control that aims to pin down a given duration is risky when economic shocks can change the duration prescribed by the underlying monetary policy rule.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"375-382"},"PeriodicalIF":1.0,"publicationDate":"2022-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12484","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48395982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Measuring the Welfare Gain from a New Good: An Introduction 衡量一种新商品的福利收益:导论
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-08-09 DOI: 10.1111/1467-8462.12483
John Creedy
{"title":"Measuring the Welfare Gain from a New Good: An Introduction","authors":"John Creedy","doi":"10.1111/1467-8462.12483","DOIUrl":"10.1111/1467-8462.12483","url":null,"abstract":"<p>This article provides an introduction to the measurement of welfare gains from the introduction of a new good, based on the concept of the ‘virtual price’ and standard expressions for welfare changes arising from price changes.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"417-425"},"PeriodicalIF":1.0,"publicationDate":"2022-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49571524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Australia's Fiscal Space: The Role of Public Investment 澳大利亚的财政空间:公共投资的作用
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-07-22 DOI: 10.1111/1467-8462.12481
Begoña Domínguez, John Quiggin
{"title":"Australia's Fiscal Space: The Role of Public Investment","authors":"Begoña Domínguez,&nbsp;John Quiggin","doi":"10.1111/1467-8462.12481","DOIUrl":"10.1111/1467-8462.12481","url":null,"abstract":"<p>How large is Australia's fiscal space? Blanchard (2019) shows that as long as the real interest rate <math>\u0000 <semantics>\u0000 <mrow>\u0000 <mi>R</mi>\u0000 </mrow>\u0000 <annotation> $R$</annotation>\u0000 </semantics></math> is below the real growth rate <math>\u0000 \u0000 <semantics>\u0000 <mrow>\u0000 <mi>G</mi>\u0000 </mrow>\u0000 <annotation> $G$</annotation>\u0000 </semantics></math>, 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.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"383-388"},"PeriodicalIF":1.0,"publicationDate":"2022-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12481","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46940435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The 2020 Aged Care Workforce Census and Issues Arising for Residential Care Workforce Planning and Policy 2020年老年护理人力普查及住宿护理人力规划和政策的问题
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-07-14 DOI: 10.1111/1467-8462.12480
Anna Howe
{"title":"The 2020 Aged Care Workforce Census and Issues Arising for Residential Care Workforce Planning and Policy","authors":"Anna Howe","doi":"10.1111/1467-8462.12480","DOIUrl":"10.1111/1467-8462.12480","url":null,"abstract":"<p><i>The Australian Government has committed to addressing the recommendations on workforce made by the 2021 Royal Commission into Aged Care Quality and Safety. Implementation requires a sound information base but examination of the 2020 Aged Care Workforce Census finds it inadequate for these purposes. Only half the reported 32 per cent workforce increase is substantiated on the basis of funding increases and the balance attributed to extraneous factors that inflated results. These limitations are discussed with reference to four major areas of workforce planning and policy and conclusions are drawn about margins for change associated with each of these areas</i>.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"331-345"},"PeriodicalIF":1.0,"publicationDate":"2022-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12480","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47976620","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
On the Relation between Exchange Rates and Domestic Investment: Asymmetric Evidence from China's 31 Provinces 汇率与国内投资的关系:来自中国31个省份的不对称证据
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-07-01 DOI: 10.1111/1467-8462.12479
Guimin Lu, Jungo Baek, Soojoong Nam
{"title":"On the Relation between Exchange Rates and Domestic Investment: Asymmetric Evidence from China's 31 Provinces","authors":"Guimin Lu,&nbsp;Jungo Baek,&nbsp;Soojoong Nam","doi":"10.1111/1467-8462.12479","DOIUrl":"10.1111/1467-8462.12479","url":null,"abstract":"<p><i>The current paper investigates whether the exchange rate asymmetrically influences domestic investment in China. To this end, the nonlinear autoregressive distributed lag (NARDL) process is applied to investment data disaggregated by China's 31 provinces. We discover that there is evidence that the ups and downs of the yuan have asymmetric impacts on domestic investment for some provinces, though not all, in both the long- and short-run</i>.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"477-488"},"PeriodicalIF":1.0,"publicationDate":"2022-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47931399","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Editors' Report 2021 编辑报告2021
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-06-09 DOI: 10.1111/1467-8462.12472
{"title":"Editors' Report 2021","authors":"","doi":"10.1111/1467-8462.12472","DOIUrl":"https://doi.org/10.1111/1467-8462.12472","url":null,"abstract":"","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 2","pages":"324-325"},"PeriodicalIF":1.0,"publicationDate":"2022-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137492971","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Illustrating Income Mobility and Poverty Persistence 说明收入流动性和贫困持久性
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-06-09 DOI: 10.1111/1467-8462.12463
John Creedy, Norman Gemmell
{"title":"Illustrating Income Mobility and Poverty Persistence","authors":"John Creedy,&nbsp;Norman Gemmell","doi":"10.1111/1467-8462.12463","DOIUrl":"10.1111/1467-8462.12463","url":null,"abstract":"<p>This article introduces several diagrams relating to relative income mobility, positional change within the distribution and poverty persistence. They are easy to produce and, at a glance, provide valuable information about income mobility and poverty dynamics, given information about the incomes of a cohort of individuals in two time periods.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 2","pages":"309-323"},"PeriodicalIF":1.0,"publicationDate":"2022-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43983411","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信