The paper examines the desirability of exchange rate management in a commodity-exporting country, in which the terms of trade are driven by the world commodity price cycle. When the authorities are assumed to pursue an inflation objective, the usefulness of managing the rate depends on the...

This article investigates the assimilation role of intermarriage between immigrants and natives. Intermarried immigrants earn significantly higher incomes than endogamously married immigrants, even after we take account of human capital endowments and endogeneity of intermarriage. The premium...

High welfare withdrawal rates generate high effective marginal tax rates and work disincentives; but reducing withdrawal rates extends welfare to the better-off. We analyse pension taper reduction effects for lone mothers subject to the Australian tax and welfare reforms of July 2000. The...

This chapter reviews recent developments in research on public sector labor markets. Public sector labor markets have two important characteristics which account for the interest in their operation. First, public sector labor markets are large -- in most developed countries the public sector...

This paper discusses the large reductions in full-time employment among unskilled Australian males that began in the 1970's and continued over the next three to four decades. Over this period, each recession led to large falls in the male full-time employment-population ratio and during each...

By estimating a simultaneous equation model on panel data, this study examines whether self-reported disability status is endogenous to labour force status. While for males the exogeneity of disability status cannot be rejected, it is rejected for females. However, for both males and females the...

Previous research on public-private wage differentials in Australia is scarce and has focused on the central parts of the conditional wage distribution. Using the first six waves of the Household, Income and Labour Dynamics in Australia (HILDA) survey, this study applies quantile regression...

Using the HILDA Survey, this study examines state-dependence and stepping stone effects of low pay in Australia. The results show that both state-dependence and stepping stone effects of low pay are present after observed and unobserved individual heterogeneity is accounted for. The results also...