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Persistent link: https://www.econbiz.de/10006433544
This paper tests whether there is empirical evidence that two distinct Beveridge curves for the skilled and unskilled aggregate markets. The results support the dualism hypothesis and specifically find that the skilled labour segment is more efficient at matching workers with jobs and/or has...
Persistent link: https://www.econbiz.de/10005248413
Many central banks often focus on underlying measures of inflation when assessing inflation trends. This paper compares the accuracy of underlying measures of inflation relative to the headline rates by using Australia data. It is found that the underlying measures did have smaller errors in...
Persistent link: https://www.econbiz.de/10005506016
Domestic financial market development is a key determinant of a currency’s international status, and financial depth and market liquidity are two essential attributes for an international currency. This paper discusses the status of the People’s Republic of China’s (PRC)...
Persistent link: https://www.econbiz.de/10011134349
Domestic financial market development is a key determinant of a currency’s international status, and financial depth and market liquidity are two essential attributes for an international currency. This paper discusses the status of the People’s Republic of China’s (PRC)...
Persistent link: https://www.econbiz.de/10011134382
China in the Global Economy focuses on the theme of twin transitions occurring in the Chinese economy: the transition from a centrally planned economic system to a market oriented one, and from an agrarian to a modern industrialised society. China's exporters face unprecedented competition in...
Persistent link: https://www.econbiz.de/10011164734
Domestic financial market development is a key determinant of a currency’s international status, and financial depth and market liquidity are two essential attributes for an international currency. This paper discusses the status of the People’s Republic of China’s (PRC) financial markets...
Persistent link: https://www.econbiz.de/10010840226
Persistent link: https://www.econbiz.de/10011036967
Persistent link: https://www.econbiz.de/10006010408
This paper evaluates different policy options to reduce unemployment by using a version of the TRYM model. For the purpose of this paper, the TRYM model has been modified in several respects, particularly by combining the private business and government trading enterprise sectors. For the long...
Persistent link: https://www.econbiz.de/10005771894