The Economic Record

1925 - 2025

Current editor(s): Paul Miller, Glenn Otto and Martin Richardson

From The Economic Society of Australia
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Volume 87, month March, 2011

The Role of Finance pp. 1-10

Glenn Stevens

A Medium‐Scale New Keynesian Open Economy Model of Australia pp. 11-36

Jarkko P. Jääskelä and Kristoffer Nimark

International Commodity Prices and the Australian Stock Market pp. 37-44

Chris Heaton, George Milunovich and Anthony Passé‐de Silva

Does Money Growth Granger Cause Inflation in the Euro Area? Evidence from Out‐of‐Sample Forecasts Using Bayesian VARs pp. 45-60

Helge Berger and Pär Österholm

Financial Constraints and Job Mobility in Australia pp. 61-75

Ben Lodewijks

Seven Leading Indexes of New Zealand Employment pp. 76-89

Edda Claus

Congestion Externalities of Tourism, Dutch Disease and Optimal Taxation: Macroeconomic Implications pp. 90-108

Juin-jen Chang, Lee‐jung Lu and Shih‐wen Hu

Child Care Availability, Quality and Affordability: Are Local Problems Related to Labour Supply? pp. 109-124

Robert Breunig, Andrew Weiss, Chikako Yamauchi, Xiaodong Gong and Joseph Mercante

Australian Private Health Insurance Productivity Growth: Is there Scope to Limit Premium Increases? pp. 125-139

Roger Carrington, Timothy Coelli and D.S. Prasada Rao

The Optimal Time to Remove Quarantine Bans Under Uncertainty: The Case of Australian Bananas pp. 140-152

Anke Leroux and Donald Maclaren

Saving the Southern Murray‐Darling Basin: The Economic Effects of a Buyback of Irrigation Water pp. 153-168

Peter Dixon, Maureen Rimmer and Glyn Wittwer

The International Mobility of Talent: Types, Causes, and Development Impact pp. 169-170

Satish Chand

Macroeconomics in the Small and the Large. Essays on Microfoundations, Macroeconomic Applications and Economic History in Honour of Axel Leijonhufvud pp. 170-172

Geoffrey Harcourt

Valuing Children; Rethinking the Economics of the Family pp. 172-173

Guyonne Kalb

The Nature of Demography pp. 173-174

Rebecca Kippen

Incentives and Choice in Healthcare pp. 174-176

Francesco Paolucci and Przemyslaw M. Sowa

Identity Economics: How our Identities Shape our Work, Wages, and Well‐being pp. 176-178

David Savage

Experimental Economics: Rethinking the Rules pp. 178-180

Tom Wilkening

Scroogenomics: Why You Shouldn’t Buy Presents for the Holidays pp. 178-178

Declan Trott

Volume 87, month 12, 2011

What do the RBA’s Forecasts Imply about its Preferences over Inflation and Output Volatility? pp. 509-524

Glenn Otto and Graham Voss

Cost and Profit Efficiencies of Australian Banks and the Impact of the Global Financial Crisis pp. 525-536

Ha Vu and Sean Turnell

House Prices, Credit and Willingness to Lend pp. 537-557

Sarah Carrington and Jakob Madsen

The Other Side of Housing Affordability: The User Cost of Housing in Australia pp. 558-574

Rayna Brown, Rob Brown, Ian O’connor, Gregory Schwann and Callum Scott

Are Consumers Fooled by Discounts? An Experimental Test in a Consumer Search Environment pp. 575-586

Ralph-C Bayer and Changxia Ke

Estimating Employment Impacts with Binding Minimum Wage Constraints pp. 587-602

Gail Pacheco

When Does Reducing Union Bargaining Power Increase Productivity? Evidence from the Workplace Relations Act pp. 603-616

Samantha Farmakis‐gamboni and David Prentice

Liquidity Supply by a Risk‐Averse Market Maker pp. 617-628

Suren Basov and Xiangkang Yin

Investment Tax Credit in an Open Economy with External Debt and Imperfect Capital Mobility pp. 629-642

Mark Assibey‐yeboah and Mohammed Mohsin

One Economics, Many Recipes: Globalization, Institutions, and Economic Growth pp. 643-645

Emma Aisbett

Macroeconomic Institutions and Development pp. 645-646

Amitava Dutt

Durkheim and the Birth of Economic Sociology pp. 646-648

Herbert Gintis

The Classical Foundations of Population Thought From Plato to Quesnay pp. 648-650

Peter Groenewegen

Exceptional People: How Migration Shaped Our World and Will Define Our Future pp. 650-652

Timothy Hatton

Optimal Monetary Policy Under Uncertainty pp. 652-654

Glenn Otto

Global Imbalances, Exchange Rates and Stabilization Policy pp. 654-666

Jean-Christophe Poutineau

Principles of Econometrics: An Introduction (Using R) pp. 656-657

Stefan Douglas Webb

Volume 87, month 09, 2011

Introduction by this Special Issue’s Editors pp. 1-1

Lance A. Fisher and Glenn Jones

Economic Theory and Tax and Pension Policies pp. 2-22

Peter Diamond

The Future of Inflation Targeting pp. 23-36

Carl Walsh

Human Capital, Taxes and Labour Supply pp. 37-44

Michael Keane

Asset Value, Interest Rates and Oil Price Volatility pp. 45-55

Vipin Arora

Unemployment Rate and Divorce pp. 56-79

Susmita Roy

The Effect of Motherhood on Wages and Wage Growth: Evidence for Australia pp. 80-91

Tanya Livermore, Joan Rodgers and Peter Siminski

The Effect of Maternal Employment on Youth Overweight in Australia pp. 92-104

James Bishop

The Relationship between Carbon, Commodity and Financial Markets: A Copula Analysis pp. 105-124

Marc Gronwald, Janina Ketterer and Stefan Trück

Opportunity and Educational Outcomes in Australia pp. 125-135

Anh Le, Paul Miller, Wendy S. Slutske and Nicholas G. Martin

Estimating the Wage Elasticity of Labour Supply to a Firm: What Evidence is there for Monopsony? pp. 359-369

Alison Booth and Pamela Katic

Severity of Work Disability and Work pp. 370-383

Umut Oguzoglu

An Equilibrium Model of Waiting Times for Elective Surgery in NSW Public Hospitals pp. 384-398

Olena Stavrunova and Oleg Yerokhin

Determinants of Maternity Leave Duration in Australia: Evidence from the HILDA Survey pp. 399-413

Aydogan Ulker and Cahit Guven

The Added Worker Effect for Married Women in Australia pp. 414-426

Xiaodong Gong

Cross‐Border Acquisitions and Optimal Government Policy pp. 427-437

Gautam Bose, Sudipto Dasgupta and Arghya Ghosh

FDI versus Exports in a General Equilibrium Ricardian Model pp. 438-448

Jose Noguera and Rowena Pecchenino

Asset Price Regulators, Unite: You have the Macroeconomy to Win and the Microeconomic Losses are Small pp. 449-464

Gordon Menzies, Ron Bird, Peter Dixon and Maureen Rimmer

On the Nonlinear Influence of Reserve Bank of Australia Interventions on Exchange Rates pp. 465-479

Stefan Reitz, Jan C. Rülke and Mark Taylor

Liquidity Constraints, Maturity Structure and Time‐Consistency of Fiscal Policy pp. 480-493

Xuan Liu

Non‐parametric Econometrics; Nonparametric Econometrics: Theory and Practice pp. 494-496

Robert Breunig

A History of the Federal Reserve, Volume 2, Book 1 (1951–1969) and Book 2 (1970–1986) pp. 496-498

Selwyn Cornish

Europe and the Euro pp. 498-501

Alberto Dalmazzo

The Dragon’s Gift: The Real Story of China in Africa pp. 501-502

Jane Golley

Targeting Investments in Children: Fighting Poverty When Resources are Limited pp. 502-504

Rosanna Scutella

The Labour Market in Winter: The State of Working Britain pp. 504-505

Declan Trott

Asset Pricing Theory pp. 505-506

Qi Zeng

Volume 87, month 06, 2011

Implications of the 2009 Age Pension Reform in Australia: A Dynamic General Equilibrium Analysis pp. 183-201

George Kudrna and Alan Woodland

Australian Unemployment in the Long Run, 1903–2007 pp. 202-220

Sambit Bhattacharyya and Timothy Hatton

Integration of Asymmetric Nations pp. 221-234

Arghya Ghosh, Kieron Meagher and Ernie Teo

The Dynamics of Welfare Participation among Women Who Experienced Teenage Motherhood in Australia pp. 235-251

Sung-Hee Jeon, Guyonne Kalb and Ha Vu

Hospital Competition, Technical Efficiency and Quality pp. 252-268

Chew Chua, Alfons Palangkaraya and Jongsay Yong

The Success and Failure of An Inconvenient Truth and the Stern Report in Influencing Australian Public Support for Greenhouse Policy pp. 269-281

Mark Morrison and Steve Hatfield‐dodds

Valuing Recreation in the Coorong, Australia, with Travel Cost and Contingent Behaviour Models pp. 282-293

John Rolfe and Brenda Dyack

Unobserved Components Business Cycles for New Zealand. What Are They, and What Might Drive Them? pp. 294-317

Viv Hall and Christopher McDermott

Macroprudential Policies and Financial Stability pp. 318-334

Andrew Hughes Hallett, Jan Libich and Petr Stehlík

Distinguished Fellow of the Economic Society of Australia, 2010: Peter Groenewegen pp. 335-341

Tony Aspromourgos

The Power of Economic Ideas. The Origins of Keynesian Macroeconomic Management in Interwar Australia pp. 342-343

Peter Fearon

Good Value; Money, Greed and God; God and Money: A Theology of Money in a Globalizing World pp. 343-345

Kim Hawtrey

Disconnected pp. 345-347

Boyd Hunter

No Precedent, No Plan: Inside Russia’s 1998 Default pp. 347-349

Robert F. Miller

Mathematics for Economists Made Simple pp. 349-350

José Rodrigues-Neto

Mostly Harmless Econometrics: An Empiricist’s Companion pp. 350-352

David Harris and Christopher Skeels

Computational Macroeconomics for the Open Economy pp. 353-355

Ernst Weber

Information and Learning in Markets: The Impact of Market Microstructure pp. 355-356

Leon Zolotoy

News and Notices pp. 357-358

Selwyn Cornish