Details about Ian Martin McDonald

E-mail:	i.mcdonald@unimelb.edu.au
Homepage:	http://www.economics.unimelb.edu.au/SITE/staffprofile/imcdonald.shtml
Workplace:	Department of Economics, Faculty of Business and Economics, University of Melbourne, (more information at EDIRC)

Access statistics for papers by Ian Martin McDonald.

Last updated 2021-10-13. Update your information in the RePEc Author Service.

Short-id: pmc76

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Working Papers

2019

1. Can loss aversion shed light on the deflation puzzle?
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (1)

2013

2. Social comparisons and reference group formation: Some experimental evidence
   Post-Print, HAL View citations (25)
   Also in Department of Economics - Working Papers Series, The University of Melbourne (2009) View citations (2)
   See also Journal Article Social comparisons and reference group formation: Some experimental evidence, Games and Economic Behavior, Elsevier (2013) View citations (27) (2013)

2009

3. Behavioural macroeconomics and wage and price setting: Developing some early insights of John Maynard Keynes and Joan Robinson
   CAMA Working Papers, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University View citations (1)

2007

4. Other-regarding Uzawa Preferences and Living Standard Catch-up
   DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade
   See also Journal Article OTHER‐REGARDING UZAWA PREFERENCES AND LIVING STANDARD CATCH‐UP, Pacific Economic Review, Wiley Blackwell (2010) (2010)
5. Where Is Full Employment?
   Department of Economics - Working Papers Series, The University of Melbourne
   Also in MPRA Paper, University Library of Munich, Germany (2007)

2005

6. Systematic Influences on Teaching Evaluations: The Case for Caution
   Department of Economics - Working Papers Series, The University of Melbourne
   See also Journal Article SYSTEMATIC INFLUENCES ON TEACHING EVALUATIONS: THE CASE FOR CAUTION*, Australian Economic Papers, Wiley Blackwell (2007) View citations (20) (2007)

2001

7. The Range of Equilibria, Inflation Targeting and the Non-Inflationary Expansion
   Working Papers, Tasmania - Department of Economics

2000

8. Cross-Country Studies of Unemployment in Australia
   Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne View citations (1)
9. Labour Market Models of Unemployment in Australia
   Melbourne Institute Working Paper Series, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne View citations (3)

1999

10. Ageing, Immigration and Optimal National Saving in Australia. a
    Department of Economics - Working Papers Series, The University of Melbourne View citations (5)
11. Demographic Change in Asia: the Impact on Optimal National Saving, Investment and the Current Account
    Department of Economics - Working Papers Series, The University of Melbourne View citations (4)
12. Population Ageing and Projections of Government Social Outlays in Australia
    Department of Economics - Working Papers Series, The University of Melbourne View citations (3)
    See also Journal Article Population Ageing and Projections of Government Social Outlays in Australia, Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research (2000) View citations (15) (2000)

1998

13. Simulating Optimal Consumption Paths in a Small Open Economy with Uzawa Preferences
    Department of Economics - Working Papers Series, The University of Melbourne

1997

14. Loss Aversion and the Non-Neutrality of Money
    Department of Economics - Working Papers Series, The University of Melbourne View citations (1)

1996

15. A Kaldorian Model of the Trade Cycle
    Department of Economics - Working Papers Series, The University of Melbourne
16. Insiders, Non-Market Activity and Unemployment
    Department of Economics - Working Papers Series, The University of Melbourne
17. The Socially Optimal Level of Saving in Australia, 1960-61 to 1994-95
    Department of Economics - Working Papers Series, The University of Melbourne View citations (1)
    See also Journal Article The Socially Optimal Level of Saving in Australia, 1960‐61 to 1994‐95, Australian Economic Papers, Wiley Blackwell (1998) (1998)

1995

18. The Volatility of the Socially Optimal Level of Investment
    Department of Economics - Working Papers Series, The University of Melbourne View citations (3)
    See also Journal Article The volatility of the socially optimal level of investment, Journal of Policy Modeling, Elsevier (2001) View citations (4) (2001)
19. Trade Unions and the Equilibrium Rate of Unemployment
    Department of Economics - Working Papers Series, The University of Melbourne

1990

20. The Social Opportunity Cost of Consumption for Canada, 1965 to 1986
    Working Paper, Economics Department, Queen's University

Journal Articles

2020

1. Macroeconomic Policy to Aid Recovery after Social Distancing for COVID‐19
   Australian Economic Review, 2020, 53, (3), 415-428 View citations (2)
2. The Economics of Ageing—What Do We Face?
   Australian Economic Review, 2020, 53, (4), 586-597

2019

3. John Maynard Keynes, Joan Robinson and the prospect theory approach to money wage determination
   Metroeconomica, 2019, 70, (1), 45-67 View citations (1)
4. The Economics of Ageing—What do you Face?
   Australian Economic Review, 2019, 52, (4), 496-506 View citations (1)

2018

5. Editors' Report 2017
   Australian Economic Review, 2018, 51, (2), 301-302
6. Introduction
   Australian Economic Review, 2018, 51, (3), 396-398

2017

7. ‘We Will End Up Being a Third Rate Economy … A Banana Republic’: How Behavioural Economics Can Improve Macroeconomic Outcomes
   Australian Economic Review, 2017, 50, (2), 137-151 View citations (4)

2016

8. The Economics of Ageing: Introduction
   Australian Economic Review, 2016, 49, (4), 471-473

2015

9. Policy Forum: On the Economics and Politics of Inequality
   Australian Economic Review, 2015, 48, (1), 65-66 View citations (1)

2013

10. Social comparisons and reference group formation: Some experimental evidence
    Games and Economic Behavior, 2013, 79, (C), 75-89 View citations (27)
    See also Working Paper Social comparisons and reference group formation: Some experimental evidence, Post-Print (2013) View citations (25) (2013)

2011

11. Editors’ Report 2010
    Australian Economic Review, 2011, 44, (1), 121-122

2010

12. Beyond Krugman to Behavioural Keynes
    Agenda - A Journal of Policy Analysis and Reform, 2010, 17, (1), 89-94
13. Editors' Report 2009
    Australian Economic Review, 2010, 43, (1), 100-101
14. OTHER‐REGARDING UZAWA PREFERENCES AND LIVING STANDARD CATCH‐UP
    Pacific Economic Review, 2010, 15, (1), 87-115
    See also Working Paper Other-regarding Uzawa Preferences and Living Standard Catch-up, DEGIT Conference Papers (2007) (2007)

2009

15. Editors' Report 2008
    Australian Economic Review, 2009, 42, (1), 119-120
16. The Global Financial Crisis and Behavioural Economics*
    Economic Papers, 2009, 28, (3), 249-254 View citations (11)

2008

17. The Eisner Puzzle, the Unemployment Threshold and the Range of Equilibria
    International Advances in Economic Research, 2008, 14, (2), 125-141 View citations (4)

2007

18. Global GDP shares in the 21st century -- An equilibrium approach
    Economic Modelling, 2007, 24, (6), 859-877 View citations (2)
19. SYSTEMATIC INFLUENCES ON TEACHING EVALUATIONS: THE CASE FOR CAUTION*
    Australian Economic Papers, 2007, 46, (1), 18-38 View citations (20)
    See also Working Paper Systematic Influences on Teaching Evaluations: The Case for Caution, Department of Economics - Working Papers Series (2005) (2005)

2006

20. DOES CHINA SAVE TOO MUCH?
    The Singapore Economic Review (SER), 2006, 51, (03), 283-301 View citations (1)
21. JOHN MAYNARD KEYNES MEETS MILTON FRIEDMAN AND EDMOND PHELPS: THE RANGE VERSUS THE NATURAL RATE IN AUSTRALIA, 1965:4 TO 2003:3
    Australian Economic Papers, 2006, 45, (3), 227-240 View citations (6)
22. Union Power and Australia’s inflation Barrier, 1965:4 to 2004:3
    Australian Journal of Labour Economics (AJLE), 2006, 9, (3), 287-304 View citations (1)

2005

23. Intergenerational Equity
    Agenda - A Journal of Policy Analysis and Reform, 2005, 12, (1), 3-18 View citations (1)
24. THE DIAMOND OF MACROECONOMIC EQUILIBRIA AND NON‐INFLATIONARY EXPANSION
    Metroeconomica, 2005, 56, (3), 393-409 View citations (12)

2004

25. Demographic Transition and Optimal Saving in Four Asian Countries
    Economic Analysis and Policy, 2004, 34, (1), 1-13
26. Effect of World Fertility Scenarios on International Living Standards
    The Economic Record, 2004, 80, (s1), S1-S12 View citations (1)
27. The Effectiveness of Incomes Policies, in Australia Bargaining and Inflation Targetting Enterprise
    Australian Economic Papers, 2004, 43, (1), 21-38 View citations (3)

2003

28. Demographic Change and the Japanese Recession
    Australian Economic Review, 2003, 36, (4), 442-458
29. HOW MUCH SUPPORT WILL THE TAXPAYER PROVIDE FOR US WHEN WE ARE OLD?
    Economic Papers, 2003, 22, (1), 1-12 View citations (2)
30. Vintage versus homogeneous capital in simulations of population ageing: does it matter?
    Applied Economics Letters, 2003, 10, (3), 149-153 View citations (5)
31. Was Japan's Level of Investment in the 1990's Excessive?
    The Singapore Economic Review (SER), 2003, 48, (01), 13-26

2002

32. Equilibrium unemployment: Theory and measurement in Australia using the Phillips curve
    The Economic Record, 2002, 78, (243), 451-470 View citations (7)
33. Superannuation, Population Ageing and Living Standards in Australia
    Economic Analysis and Policy, 2002, 32, (1), 19-33 View citations (8)
34. Would a Decrease in Fertility Be a Threat to Living Standards in Australia?
    Australian Economic Review, 2002, 35, (1), 29-44 View citations (5)

2001

35. Ageing, Optimal National Saving and Future Living Standards in Australia
    The Economic Record, 2001, 77, (237), 117-134 View citations (17)
36. An Estimate of the Range of Equilibrium Rates of Unemployment for Australia
    The Economic Record, 2001, 77, (236), 35-50 View citations (23)
37. Cycle and Trend in Models of the Range of Equilibria
    Australian Economic Papers, 2001, 40, (3), 387-404
38. How Monetary Policy can have Permanent Real Effects with Only Temporary Nominal Rigidity
    Scottish Journal of Political Economy, 2001, 48, (5), 532-546 View citations (2)
39. How Uzawa Preferences Improve the Simulation Properties of the Small Open Economy Model
    Journal of Macroeconomics, 2001, 23, (3), 417-440 View citations (2)
40. National Saving and Population Ageing
    Agenda - A Journal of Policy Analysis and Reform, 2001, 8, (3), 235-246 View citations (1)
41. The Impact of Population Aging on the Socially Optimal Rate of National Saving: A Comparison of Australia and Japan
    Review of Development Economics, 2001, 5, (2), 312-327
42. The Scholarship of Teaching Economics
    The Journal of Economic Education, 2001, 32, (3), 195-201 View citations (5)
43. The volatility of the socially optimal level of investment
    Journal of Policy Modeling, 2001, 23, (8), 901-928 View citations (4)
    See also Working Paper The Volatility of the Socially Optimal Level of Investment, Department of Economics - Working Papers Series (1995) View citations (3) (1995)

2000

44. An Evaluation of Collaborative Problem Solving for Learning Economics
    The Journal of Economic Education, 2000, 31, (1), 13-29 View citations (11)
45. Population Ageing and Projections of Government Social Outlays in Australia
    Australian Economic Review, 2000, 33, (1), 49-64 View citations (15)
    See also Working Paper Population Ageing and Projections of Government Social Outlays in Australia, Department of Economics - Working Papers Series (1999) View citations (3) (1999)

1999

46. An evaluation of the saving, investment, and current account balances of five ASEAN economies
    Journal of Asian Economics, 1999, 10, (3), 445-464 View citations (2)
47. Can Unemployment Be Reduced without Violating the Inflation Target?
    Australian Economic Review, 1999, 32, (1), 89-95
48. THE EFFECT OF POPULATION AGEING ON THE DISTRIBUTION OF TAXABLE INCOMES OF INDIVIDUALS IN AUSTRALIA
    Economic Papers, 1999, 18, (3), 34-48 View citations (2)

1998

49. The Socially Optimal Level of Saving in Australia, 1960‐61 to 1994‐95
    Australian Economic Papers, 1998, 37, (3), 213-235
    See also Working Paper The Socially Optimal Level of Saving in Australia, 1960-61 to 1994-95, Department of Economics - Working Papers Series (1996) View citations (1) (1996)

1997

50. Comment on ‘Infrastructure Spending and Unemployment: Government Responsibility for Growth and Jobs’
    Australian Economic Review, 1997, 30, (4), 433-435

1996

51. The Optimal Level and Disposition of Saving and the Mix of Monetary and Fiscal Policy in Intermediate Macroeconomics
    The Journal of Economic Education, 1996, 27, (2), 170-192

1993

52. Can Tax Cuts Increase Investment in a Unionised Economy?
    Economic Analysis and Policy, 1993, 23, (2), 123-137 View citations (1)
53. Long‐Term Unemployment and Macroeconomic Policy
    Australian Economic Review, 1993, 26, (2), 31-34 View citations (4)

1992

54. Income Tax Changes and Trade Union Wage Demands
    Australian Economic Papers, 1992, 31, (58), 47-57 View citations (2)
55. Macroeconomics for Year Twelve Students
    Australian Economic Review, 1992, 25, (3), 74-94
56. On the Measurement and Determination of Trade Union Power
    Oxford Bulletin of Economics and Statistics, 1992, 54, (2), 209-24 View citations (19)
57. The Social Opportunity Cost of Consumption for Australia, 1960–61 to 1988–89
    Australian Economic Review, 1992, 25, (1), 44-53 View citations (1)
58. Union Wage Responses to a Shift from Direct to Indirect Taxation
    Bulletin of Economic Research, 1992, 44, (3), 221-32 View citations (12)

1991

59. Foreign Competition, Insiders and the Range of Macroeconomic Equilibria
    Australian Economic Papers, 1991, 30, (57), 203-20
60. Insiders and Trade Union Wage Bargaining
    The Manchester School of Economic & Social Studies, 1991, 59, (4), 395-407 View citations (5)
61. Models of Trade Union Behaviour: A Synthesis
    The Economic Record, 1991, 67, (4), 346-359 View citations (52)
62. The labour market and usiness cycle theories: Piero Ferri and Edward Greenberg, (Springer-Verlag, Berlin, 1989), pp. X+183, 39 DM (paper)
    Journal of Economic Behavior & Organization, 1991, 15, (3), 410-412

1990

63. A Tax Package to Reduce the Marginal Rate of Income Tax and the Wage Demands of Trade Unions
    The Economic Record, 1990, 66, (3), 195-202 View citations (4)
64. The Setting of Retail Prices in a Customer Market*
    The Economic Record, 1990, 66, (4), 322-328 View citations (4)

1989

65. How Far Should Mr Keating Go?
    Australian Economic Review, 1989, 22, (2), 25-28 View citations (1)
66. The Wage Demands of a Selfish, Plant-Specific Trade Union
    Oxford Economic Papers, 1989, 41, (3), 506-27 View citations (2)
67. Trade Unions, wages and taxation
    Fiscal Studies, 1989, 10, (3), 50-59 View citations (1)

1986

68. Can the Risk-Shifting Employment Model Explain Fluctuating Employment?
    Economic Inquiry, 1986, 24, (1), 25-41
69. The FBT ‐ Does It Matter Who Pays?
    Australian Economic Review, 1986, 19, (4), 34-38 View citations (1)

1985

70. Macroeconomic Policy in Australia Since the Sixties
    Australian Economic Review, 1985, 18, (3), 6-19 View citations (3)
71. Market power and unemployment
    International Journal of Industrial Organization, 1985, 3, (1), 21-35
72. Wages and Employment in a Segmented Labor Market
    The Quarterly Journal of Economics, 1985, 100, (4), 1115-1141 View citations (86)

1984

73. Anti‐Stagflationary Tax Cuts and the Problem of Investment*
    The Economic Record, 1984, 60, (3), 284-293
74. Rational Expectations, Gradual Price Adjustment and Monetary Policy in Australia
    Australian Economic Papers, 1984, 23, (42), 79-90 View citations (5)
75. Trying to Understand Stagflation
    Australian Economic Review, 1984, 17, (3), 32-56 View citations (4)
76. Union Wage Policies: Reply [Wage Bargaining and Employment]
    American Economic Review, 1984, 74, (4), 759-61 View citations (1)

1981

77. Wage Bargaining and Employment
    American Economic Review, 1981, 71, (5), 896-908 View citations (764)

1980

78. On the Comparison of the Stability Implications of Marshallian and Walrasian Adjustment Schemes: Note
    American Economic Review, 1980, 70, (4), 829-33 View citations (1)

1978

79. Microeconomic Motivation and the Kaldorian Theory of the Rate of Profit
    Australian Economic Papers, 1978, 17, (31), 276-89
80. The Dynamic Interactions Between the Phillips Relation and the IS‐LM Model
    The Economic Record, 1978, 54, (3), 369-379

Edited books

2012

1. Behavioural Macroeconomics
   Books, Edward Elgar Publishing

Chapters

1998

1. The Socially Optimal Level of Saving - An International Comparison
   Chapter 8 in Handbook on the Globalization of the World Economy, 1998 View citations (1)

1997

2. Discussion of 'The Debate on Alternatives for Monetary Policy in Australia'
   A chapter in Monetary Policy and Inflation Targeting, 1997

Editor

1. Australian Economic Review
   The University of Melbourne, Melbourne Institute of Applied Economic and Social Research