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Brookings on the Australian Economy

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  • BARRY HUGHES

Abstract

This paper offers a review of two central issues of macroeconomic management, nominal wage determination and the relative roles for fiscal expansion and real wage restraint, discussed in the Brookings study of the Australian economy. Consideration is given to the book, The Australian Economy: A View from the North, edited by Richard E. Caves and Lawrence B. Krause, George Allen & Unwin, Sydney 1984, and to the January 1984 conference discussion.

Suggested Citation

  • Barry Hughes, 1985. "Brookings on the Australian Economy," The Economic Record, The Economic Society of Australia, vol. 61(1), pages 405-414, March.
    • Handle: RePEc:bla:ecorec:v:61:y:1985:i:1:p:405-414
    DOI: 10.1111/j.1475-4932.1985.tb01992.x
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    References listed on IDEAS

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    1. C. Mulvey, 1983. "Arbitration, Collective Bargaining and the Wage Structure: A review of some empirical evidence," Economics Discussion / Working Papers 83-05, The University of Western Australia, Department of Economics.
    2. Harper, Ian R, 1980. "The Relationship between Unemployment and Unfilled Vacancies in Australia: 1952-1978," The Economic Record, The Economic Society of Australia, vol. 56(154), pages 231-243, September.
    3. Grubb, David B. & Jackman, Richard & Layard, Richard, 1983. "Wage rigidity and unemployment in OECD countries," European Economic Review, Elsevier, vol. 21(1-2), pages 11-39.
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    Cited by:

    1. K.F. Wallis, 1992. "On Macroeconomic Policy and Macroeconomic Modeling," Economics Discussion / Working Papers 92-04, The University of Western Australia, Department of Economics.
    2. Kenneth F. Wallis, 1993. "On Macroeconomic Policy and Macroeconometric Models," The Economic Record, The Economic Society of Australia, vol. 69(2), pages 113-130, June.

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