A staff working paper on ‘Workforce Participation Rates: How Does Australia Compare?’ (by Joanna Abhayaratna and Ralph Lattimore) was released January 2007. With the population ageing and the associated shift in the age structure of the population towards older groups with lower workforce...

Investment in capital is important for economic growth. But capital is not just physical assets; firms also invest in 'soft' capital such as knowledge, firm-specific skills, and better ways of doing business. This investment results in accumulation of 'intangible assets'. Intangible assets have...