Economic RecordPub Date : 2025-05-30DOI: 10.1111/1475-4932.12883
{"title":"RETRACTION: Economic Growth and Development in the Tropics, by Sook Rei Tan, Haejin Jang and Jacob Wood (Routledge, Abingdon, 2024), pp. 298","authors":"","doi":"10.1111/1475-4932.12883","DOIUrl":"https://doi.org/10.1111/1475-4932.12883","url":null,"abstract":"<p><b>RETRACTION</b>: R.T. Jannah and I.T. Abdireviane, “Economic Growth and Development in the Tropics, by Sook Rei Tan, Haejin Jang and Jacob Wood (Routledge, Abingdon, 2024), pp. 298,” <i>Economic Record</i> (Early View): https://doi.org/10.1111/1475-4932.12860.</p><p>The above article, published online on 29 December 2024 in Wiley Online Library (wileyonlinelibrary.com), has been retracted by agreement between the journal Editor-in-Chief, James Morley; The Economic Society of Australia; and John Wiley & Sons Australia Ltd. The retraction has been agreed due to a lack of proper peer review and failure to adhere to the journal's submission guidelines. Therefore, the article must be retracted due to the editor's loss of confidence in the validity of the content. The authors have been informed of this decision.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":""},"PeriodicalIF":1.1,"publicationDate":"2025-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12883","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492731","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}
Economic RecordPub Date : 2025-05-30DOI: 10.1111/1475-4932.12884
{"title":"RETRACTION: 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":"","doi":"10.1111/1475-4932.12884","DOIUrl":"https://doi.org/10.1111/1475-4932.12884","url":null,"abstract":"<p><b>RETRACTION</b>: A.S. Wahyuddin, Madris, and A.I. Anwar, “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,” <i>Economic Record</i> (Early View): https://doi.org/10.1111/1475-4932.12859.</p><p>The above article, published online on 30 December 2024 in Wiley Online Library (wileyonlinelibrary.com), has been retracted by agreement between the journal Editor-in-Chief, James Morley; The Economic Society of Australia; and John Wiley & Sons Australia Ltd. The retraction has been agreed due to a lack of proper peer review and failure to adhere to the journal's submission guidelines. Therefore, the article must be retracted due to the editor's loss of confidence in the validity of the content. The authors have been informed of this decision.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":""},"PeriodicalIF":1.1,"publicationDate":"2025-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12884","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492730","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}
Economic RecordPub Date : 2025-05-29DOI: 10.1111/1475-4932.12876
David Rodgers, George Kudrna, Alan Woodland
{"title":"Pensions and Participation: Evidence From World War II Veterans in Australia","authors":"David Rodgers, George Kudrna, Alan Woodland","doi":"10.1111/1475-4932.12876","DOIUrl":"https://doi.org/10.1111/1475-4932.12876","url":null,"abstract":"<p>This paper examines the impact of World War II (WWII) service on the labour force participation (LFP) of older Australian men in the second half of the twentieth century. Leveraging substantial variation in service rates across birth cohorts, we estimate the causal effect of military service on retirement behaviour. We find that WWII service led to a pronounced decline in LFP—by more than 20 percentage points—for men aged 60–64. This decline is primarily driven by veterans' earlier eligibility for public retirement benefits, particularly the Service Pension, which was accessible from age 60. Supporting this interpretation, survey data from the 1970s indicate that veterans expected to retire earlier than non-veterans. Furthermore, differences in education, employment history and income do not fully explain the observed gap in retirement expectations, underscoring the role of veteran-specific retirement provisions in shaping labour supply at older ages.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 334","pages":"323-347"},"PeriodicalIF":1.2,"publicationDate":"2025-05-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12876","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145038428","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}
Economic RecordPub Date : 2025-05-22DOI: 10.1111/1475-4932.12878
Elisa Birch, Alison Preston
{"title":"The Falling Returns to Education in Australia","authors":"Elisa Birch, Alison Preston","doi":"10.1111/1475-4932.12878","DOIUrl":"https://doi.org/10.1111/1475-4932.12878","url":null,"abstract":"<p>Using data from the Household, Income and Labour Dynamics in Australia Survey for a sample of employees aged 28–38, this paper examines changes in returns to education between 2001–2011 and 2012–2023. The study controls for seven education categories (PhD, Master's, Graduate Diploma, Graduate Certificate, Honours, Bachelor's and Diploma/Certificate III/IV) using individuals with no post-school qualifications as the reference group. Over the study period, there is a significant decline in the wage premia (returns) within all education groups, except PhD and Graduate Certificates. The extent of the decline varies by education category, gender, sector and across the wage distribution.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 334","pages":"377-391"},"PeriodicalIF":1.2,"publicationDate":"2025-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12878","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145038204","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}
Economic RecordPub Date : 2025-04-27DOI: 10.1111/1475-4932.12875
Syed Hasan, Iqbal A. Syed, Anastasia Klimova
{"title":"Placing Public Housing: Announcement Effects of New Builds in More and Less Expensive Neighbourhoods*","authors":"Syed Hasan, Iqbal A. Syed, Anastasia Klimova","doi":"10.1111/1475-4932.12875","DOIUrl":"https://doi.org/10.1111/1475-4932.12875","url":null,"abstract":"<p>This study investigates the differential effect of the announcement of new public housing locations on property prices in relatively more expensive and less expensive neighbourhoods, taking advantage of a single unanticipated government announcement of new builds in multiple locations in the Australian Capital Territory. We apply three different approaches to control for the quality differences of properties, to be used alongside the difference-in-differences method. We find the announcement dampens property prices in more expensive host neighbourhoods but not in less expensive ones, and when the host neighbourhoods are treated as one, we find that there is no impact, hence masking this heterogeneous impact. Our findings will help policy-makers make important decisions around equity and efficiency in the provision of public housing across regions.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 334","pages":"348-376"},"PeriodicalIF":1.2,"publicationDate":"2025-04-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12875","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145038386","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}
Economic RecordPub Date : 2025-04-06DOI: 10.1111/1475-4932.12871
Angela Zha, Rebecca L. C. Taylor
{"title":"Learning-by-Doing when Times Are Tough: Evidence from the Great Recession","authors":"Angela Zha, Rebecca L. C. Taylor","doi":"10.1111/1475-4932.12871","DOIUrl":"https://doi.org/10.1111/1475-4932.12871","url":null,"abstract":"<p>We analyse potential macroeconomic determinants of worker learning curves by matching exogenous changes in macroeconomic conditions during the Great Recession to high-frequency data on worker productivity from supermarkets. We find evidence of a statistically significant learning curve among new cashiers. Despite finding that higher unemployment rates induce greater effort by workers in general, the learning rate is stronger for cashiers who started work during an economic upturn, while worsening macroeconomic conditions engender a shallower learning curve. Hence, weakening labour markets are not associated with stronger learning rates on average. This analysis yields important implications for firms and policy-makers in understanding worker behaviour on the job across business cycles.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 333","pages":"169-185"},"PeriodicalIF":1.1,"publicationDate":"2025-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12871","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144492566","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}
Economic RecordPub Date : 2025-04-06DOI: 10.1111/1475-4932.12873
Ruoxuan Li
{"title":"Audit Culture: How Indicators and Rankings are Reshaping the World, by Cris Shore and Susan Wright (Pluto Press, London, 2024), pp. 248","authors":"Ruoxuan Li","doi":"10.1111/1475-4932.12873","DOIUrl":"https://doi.org/10.1111/1475-4932.12873","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 334","pages":"408-410"},"PeriodicalIF":1.2,"publicationDate":"2025-04-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145037585","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}
Economic RecordPub Date : 2025-03-25DOI: 10.1111/1475-4932.12872
Maria Bach
{"title":"The Greatest of All Plagues: How Economic Inequality Shaped Political Thought from Plato to Marx, by David L. Williams (Princeton University Press, Princeton & Oxford, 2024)","authors":"Maria Bach","doi":"10.1111/1475-4932.12872","DOIUrl":"https://doi.org/10.1111/1475-4932.12872","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 334","pages":"405-407"},"PeriodicalIF":1.2,"publicationDate":"2025-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145038510","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}
Economic RecordPub Date : 2025-03-19DOI: 10.1111/1475-4932.12870
Ligang Song
{"title":"The Economics of Developing and Emerging Markets, by Charles Marrewijk, Steven Brakman and Julia Swart (Cambridge University Press, Cambridge, 2023), 538 pages","authors":"Ligang Song","doi":"10.1111/1475-4932.12870","DOIUrl":"https://doi.org/10.1111/1475-4932.12870","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"101 334","pages":"403-404"},"PeriodicalIF":1.2,"publicationDate":"2025-03-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145038498","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}