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In a recent contribution to this journal, Lewis and MacDonald (2002) argue that Australian literature on aggregate demand for labour is permeated with misunderstandings and, as a result, existing empirical work has been misinterpreted. The objective of the present note is to argue that the...
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F<sc>raser</sc> P., M<sc>ac</sc>D<sc>onald</sc> G. A. and M<sc>ullineux</sc> A. W. Regional monetary policy: an Australian perspective, <italic>Regional Studies</italic>. A structural vector autoregressive (SVAR) model for Australia is utilized to identify the domestic impacts of <italic>common</italic> monetary policy shocks on national and state business cycles...
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This note considers the value of surface response equations which can be used to calculate critical values for a range of unit root and cointegration tests popular in applied economic research.
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