Labour Market Outcomes in the UK, NZ, Australia and the US: Observations on the Impact of Labour Market and Economic Reforms

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Labour Market Outcomes in the UK, NZ, Australia and the US: Observations on the Impact of Labour Market and Economic Reforms

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Bob Gregory

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Robert George Gregory

Abstract

In this paper, the author focuses on labour market and economic reforms and their impact on economic growth, employment and wage outcomes in the longer term. To make the task more manageable the paper described the economic growth experiences of four English speaking countries. The author looks at the impact of the Tatcher reforms in the UK, the Douglas Reforms in New Zealand, and the Hawke Accord period and subsequent labour market reform in Australia. The US is taken as a comparison country that has not been subject to substantial shifts in government introduced labour market and economic reforms, except, perhaps, in area of immigration and very recently in the area of welfare reforms.

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Paper provided by Centre for Economic Policy Research, Research School of Social Sciences, Australian National University in its series CEPR Discussion Papers with number 401.

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Length: 19 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:auu:dpaper:401

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Find related papers by JEL classification:
J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

Cited by:
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Tim Hazledine & John Quiggin, 2005. "No More Free Beer Tomorrow? Economic policy and outcomes in Australia and New Zealand 1984-2003," Australian Public Policy Program Working Papers WP4P05, Risk and Sustainable Management Group, University of Queensland. [Downloadable!]
Paul Dalziel, 2002. "New Zealand's Economic Reforms: an assessment," Review of Political Economy, Taylor and Francis Journals, vol. 14(1), pages 31-46, January. [Downloadable!] (restricted)
Michael Keating, 2003. "Earnings and Inequality," CEPR Discussion Papers 460, Centre for Economic Policy Research, Research School of Social Sciences, Australian National University. [Downloadable!]
W A Razzak, 2004. "Towards Building A New Consensus About New Zealand’s Productivity," GE, Growth, Math methods 0405002, EconWPA. [Downloadable!]

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