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IF 1.1 4区 经济学
Economic Record Pub Date : 2025-03-14 DOI: 10.1111/1475-4932.12867
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引用次数: 0
Economics Education in Australian Public Universities: An Investigation of the Current State of Play 澳大利亚公立大学经济学教育现状调查
IF 1.1 4区 经济学
Economic Record Pub Date : 2025-02-26 DOI: 10.1111/1475-4932.12866
Michael B. Charles, Michael A. Kortt, Marcus K. Harmes
{"title":"Economics Education in Australian Public Universities: An Investigation of the Current State of Play","authors":"Michael B. Charles,&nbsp;Michael A. Kortt,&nbsp;Marcus K. Harmes","doi":"10.1111/1475-4932.12866","DOIUrl":"https://doi.org/10.1111/1475-4932.12866","url":null,"abstract":"<p>The study of economics has been part of Australian tertiary education from close to its early beginnings, yet this long-standing presence is offset by perceived current challenges in the relevance and strength of the discipline. Using an online content analysis approach, this study analyses current units of study in every Australian public university that provides undergraduate tertiary education in economics. In specific terms, this study offers a detailed analysis of what economics education is currently being taught, together with the types of university entities providing this education. Overall, the analysis presented here reveals that the study of economics might appear relatively strong on the surface, especially, although not unexpectedly, among the elite Group of Eight institutions. However, the study also shows that economics offerings are now being spread across various university entities that do not count economics among their core disciplinary offerings, such as health and environmental science. In addition, several universities have developed new undergraduate degrees incorporating but not focusing exclusively on economics, in most cases seemingly as a means to repackage and extend humanities or social science offerings such as philosophy and political science.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":"186-202"},"PeriodicalIF":1.1,"publicationDate":"2025-02-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12866","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492861","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 Effects of COVID-19 and JobKeeper on Productivity-Enhancing Reallocation in Australia1 2019冠状病毒病和JobKeeper对澳大利亚生产力再分配的影响
IF 1.1 4区 经济学
Economic Record Pub Date : 2025-02-13 DOI: 10.1111/1475-4932.12856
Dan Andrews, Elif Bahar, Jonathan Hambur
{"title":"The Effects of COVID-19 and JobKeeper on Productivity-Enhancing Reallocation in Australia1","authors":"Dan Andrews,&nbsp;Elif Bahar,&nbsp;Jonathan Hambur","doi":"10.1111/1475-4932.12856","DOIUrl":"https://doi.org/10.1111/1475-4932.12856","url":null,"abstract":"<p>The consequences of the pandemic for potential output will partly hinge on its impact on productivity-enhancing reallocation. While recessions can accelerate this process, the more ‘random’ nature of the COVID-19 shock coupled with policy responses that prioritised preservation could disrupt productivity-enhancing reallocation. Our analysis based on novel high-frequency employment data for Australia shows that labour reallocation (and firm exit) remained connected to firm productivity over 2020 and 2021. However, outside of the initial acute phase of the shock, the relationship weakened significantly compared to history. Australia's job retention scheme (JobKeeper) initially reinforced the connection between growth and productivity, supporting more productive firms. But it became more distortive over time and as the economy recovered.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":"142-168"},"PeriodicalIF":1.1,"publicationDate":"2025-02-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492580","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
The Big Con – How the Consulting Industry Weakens Our Businesses, Infantilizes Our Governments and Warps Our Economies, by Mariana Mazzucato and Rosie Collington (Penguin Random House, London, 2024), pp. 344. 《大骗局——咨询业如何削弱我们的企业，使我们的政府幼稚化，扭曲我们的经济》，玛丽安娜·马祖卡托和罗西·科林顿著（企鹅兰登书屋，伦敦，2024年），第344页。
IF 1.1 4区 经济学
Economic Record Pub Date : 2025-02-05 DOI: 10.1111/1475-4932.12863
Stephen Bartos
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引用次数: 0
Growth: A Reckoning, by Daniel Susskind (Allen Lane, London, 2024), pp. 368 《增长：一种清算》，丹尼尔·萨斯金德著（伦敦艾伦莱恩出版社，2024年），第368页
IF 1.1 4区 经济学
Economic Record Pub Date : 2025-01-27 DOI: 10.1111/1475-4932.12861
Julia Wdowin
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引用次数: 0
Economy and Interest: A New Presentation of the Fundamental Problems Related to the Economic Role of the Rate of Interest and Their Solutions, by Maurice Allais (University of Chicago Press, Chicago, IL, 2015), pp. 632 《经济与利率：利率经济作用基本问题的新介绍及其解决方案》，莫里斯·阿莱著（芝加哥大学出版社，芝加哥，伊利诺伊州，2015年），第632页
IF 1.1 4区 经济学
Economic Record Pub Date : 2025-01-23 DOI: 10.1111/1475-4932.12862
Richard Holden
{"title":"Economy and Interest: A New Presentation of the Fundamental Problems Related to the Economic Role of the Rate of Interest and Their Solutions, by Maurice Allais (University of Chicago Press, Chicago, IL, 2015), pp. 632","authors":"Richard Holden","doi":"10.1111/1475-4932.12862","DOIUrl":"https://doi.org/10.1111/1475-4932.12862","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":"243-245"},"PeriodicalIF":1.1,"publicationDate":"2025-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492808","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
Changes in the Inflation Target and the Comovement Between Inflation and the Nominal Interest Rate1 通货膨胀目标的变化与通货膨胀与名义利率的变动
IF 1.1 4区 经济学
Economic Record Pub Date : 2025-01-13 DOI: 10.1111/1475-4932.12853
Yunjong Eo, Denny Lie
{"title":"Changes in the Inflation Target and the Comovement Between Inflation and the Nominal Interest Rate1","authors":"Yunjong Eo,&nbsp;Denny Lie","doi":"10.1111/1475-4932.12853","DOIUrl":"https://doi.org/10.1111/1475-4932.12853","url":null,"abstract":"<p>Would raising the inflation target require an increase in the nominal interest rate in the short run? We answer this policy question, first analytically in a small-scale New Keynesian model with backward-looking components where a closed-form solution exists, and then, in a medium-scale Smets and Wouters model calibrated to the US economy. Our analysis shows that the short-run comovement between inflation and the nominal interest rate conditional on changes in the inflation target is more likely to be positive, all else equal, as the monetary authority reacts less aggressively to the deviation of inflation from its target. Meanwhile, features of the model that enhance backward-looking behaviour, such as backward price indexation and habit formation in consumption, are shown to reduce the likelihood of the positive comovement. However, our investigations reveal that in both models, this positive comovement or the so-called Neo-Fisherism is prevalent across a wide range of empirically plausible parameter values. Using the Smets and Wouters model with a zero lower bound (ZLB) constraint on the nominal interest rate, we show that raising the inflation target could be an effective alternative policy framework to reduce the possibility of a binding ZLB constraint and to mitigate the potentially large output loss.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 332","pages":"3-40"},"PeriodicalIF":1.1,"publicationDate":"2025-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143612401","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
The Welfare Effects of Character Protections on Neighbourhoods* 品格保护对邻里的福利影响*
IF 1.1 4区 经济学
Economic Record Pub Date : 2025-01-06 DOI: 10.1111/1475-4932.12851
Ryan Greenaway-McGrevy, James Allan Jones
{"title":"The Welfare Effects of Character Protections on Neighbourhoods*","authors":"Ryan Greenaway-McGrevy,&nbsp;James Allan Jones","doi":"10.1111/1475-4932.12851","DOIUrl":"https://doi.org/10.1111/1475-4932.12851","url":null,"abstract":"<p>We extend the monocentric model to examine the effects of character protections on household welfare. Protections indirectly generate amenity values for residents but require floor area ratio (FAR) restrictions on housing development, presenting a trade-off between welfare-increasing amenities and welfare-decreasing floor space constraints. Welfare effects become negative when the associated FAR restrictions of character protections are sufficiently tight. This is more likely when protections apply to neighbourhoods that have high demand due to proximity to non-character amenities or employment locations. Calibrating the model to Auckland, we find negative welfare effects, equivalent to a reduction in representative household income of $391 to $1375 per year.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":"203-232"},"PeriodicalIF":1.1,"publicationDate":"2025-01-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492567","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
The Theory of Inertial Inflation: The Foundation of Economic Reform in Brazil and Argentina, by Luiz Bresser Pereira and Yoshiaki Nakano (Lynne Rienner Publishers, Boulder, CO, 2023), pp. 224 《惯性通货膨胀理论：巴西和阿根廷经济改革的基础》，路易斯·布雷斯·佩雷拉和中野义明著（Lynne Rienner出版社，Boulder, CO ., 2023），第224页
IF 1.1 4区 经济学
Economic Record Pub Date : 2024-12-30 DOI: 10.1111/1475-4932.12859
A. Sri Wahyuddin,  Madris, Anas Iswanto Anwar
{"title":"The Theory of Inertial Inflation: The Foundation of Economic Reform in Brazil and Argentina, by Luiz Bresser Pereira and Yoshiaki Nakano (Lynne Rienner Publishers, Boulder, CO, 2023), pp. 224","authors":"A. Sri Wahyuddin,&nbsp; Madris,&nbsp;Anas Iswanto Anwar","doi":"10.1111/1475-4932.12859","DOIUrl":"https://doi.org/10.1111/1475-4932.12859","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":"267-269"},"PeriodicalIF":1.1,"publicationDate":"2024-12-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492728","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
Economic Growth and Development in the Tropics, by Sook Rei Tan, Haejin Jang and Jacob Wood (Routledge, Abingdon, 2024), pp. 298 《热带地区的经济增长与发展》，作者：Sook Rei Tan， Haejin Jang和Jacob Wood (Routledge, Abingdon, 2024)，第298页
IF 1.1 4区 经济学
Economic Record Pub Date : 2024-12-29 DOI: 10.1111/1475-4932.12860
Raehana Tul Jannah, Indraswati Tri Abdireviane
{"title":"Economic Growth and Development in the Tropics, by Sook Rei Tan, Haejin Jang and Jacob Wood (Routledge, Abingdon, 2024), pp. 298","authors":"Raehana Tul Jannah,&nbsp;Indraswati Tri Abdireviane","doi":"10.1111/1475-4932.12860","DOIUrl":"https://doi.org/10.1111/1475-4932.12860","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":"270-272"},"PeriodicalIF":1.1,"publicationDate":"2024-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492796","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
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