Using panel data for 2001–2005 from the Household, Income and Labour Dynamics in Australia (HILDA) Survey, the authors examine workers' desires for, and achievement of, work hour flexibility. They estimate a dynamic model that controls for preferences in previous years and tests for the...

This comprehensive volume provides a state-of-the-art overview of regulatory economics and reviews the main theories, tools, and domains of regulation

We incorporate risk aversion into the technology component of the production function. In a traditional theoretic framework, we show that an increase in risk aversion increases unemployment and reduces potential output. Our out-of-sample forecasting experiments suggest that while interest rates...

Using Australian data spanning the period from 1981 to 2001, we apply a propensity score re-weighting decomposition approach to investigate the extent to which the large decline in the male employment population rate over this period can be attributed to changes in socio-demographic...