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 69, month 12, 1993

Longer Run Changes in the Distribution of Income in Australia pp. 353-366

Peter Saunders

The Effects of Reallocating General Revenue Assistance among the Australian States pp. 367-381

Peter Dixon, John Madden and Matthew W. Peter

Gender Roles, Occupational Choice and Gender Wage Differential pp. 382-392

Francis Vella

Enterprise Bargaining, Union Structure and Wages pp. 393-404

Steve Dowrick

The Semi‐Strong Efficiency of the Australian Share Market pp. 405-410

Nicolaas Groenewold and Kuay Chin Kang

International Reserves under Floating Exchange Rates: Two Paradoxes Explained pp. 411-415

Arthur Grimes

Taxation when Borrowing is Costly pp. 416-427

John Quiggin

Employment and Length of the Working Week in a Unionized Economy in which Hours of Work Influence Productivity pp. 428-436

Alison Booth and Martin Ravallion

Sir Leslie Melville: an Interview pp. 437-457

Selwyn Cornish

Volume 69, month 09, 1993

Strategies for Modelling Nonlinear Time‐Series Relationships pp. 233-238

Clive Granger

Determinants of International Trade Flows in Travel and Passenger Services pp. 239-252

Fariborz Moshirian

A Probit Analysis of Aboriginal Employment Prospects in New South Wales pp. 253-258

Russell Ross

Immigration and Economic Welfare: Resource and Environmental Aspects pp. 259-273

Harry Clarke and Yew‐knang Ng

Taxes, Retirement Transfers, and Annuities pp. 274-284

Hazel Bateman, Geoffrey Kingston and John Piggott

The Dynamic Effect of Devaluation on the Balance of Payments of a Small Debt‐Ridden Open Economy pp. 285-294

D. T. Nguyen

Testing for Equilibrium in the Australian Wage Equation pp. 295-304

Philip E.T. Lewis and A. MacDONALD Garry

Unionization in Australia: Evidence from the AWIRS pp. 305-314

Mark Wooden and Jeffrey Balchin

What Do Australian Unions Do? pp. 315-342

Paul Miller and Charles Mulvey

Volume 69, month 06, 1993

On Macroeconomic Policy and Macroeconometric Models* pp. 113-130

Kenneth F. Wallis

Evasion Effects of Changing the Tax Mix* pp. 131-148

Jonathan R. Kesselman

Citizen Preference and Public Education in Australia: An Analysis of Interstate Differences* pp. 149-162

Perry Shapiro and Elim Papadakis

Australian Stock Market Volatility: 1875–1987* pp. 163-178

P. Kearns and Adrian Pagan

Lifetime vs Annual Tax‐Transfer Incidence: How Much Less Progressive? pp. 179-192

Ann Harding

Economic Motivations for Limited Dependent and Qualitative Variable Models* pp. 193-205

Tim Fry, R.D. Brooks, Br. Comley and J. Zhang

Volume 69, month 03, 1993

Financing Higher Education: A General Equilibrium Public Choice Approach* pp. 1-9

John Creedy and Patrick Francois

GARCH‐M Estimates of Variable Risk Premia for 180‐day Australian Bank Bills* pp. 10-19

A. David McDONALD, Jon D. Kendall and Tim La. Ridley

Youth Wages, Risk, and Tertiary Finance Arrangements* pp. 20-33

Paul Miller and Paul Volker

Shock Persistence and Stochastic Trends in Australian Aggregate Output and Consumption* pp. 34-43

Luigi Ermini

Sex Discrimination and Occupational Segregation in the Australian Labour Market* pp. 44-55

Michael P Kidd

On the Neutrality of the Resource Rent Tax pp. 56-60

Robert Fraser

Aspects of Australian and US Living Standards: The Disappointing Decades 1970–1990 pp. 61-76

Robert Gregory

Interest Rates, Exchange Rates and Foreign Debt: Comment* pp. 77-79

Philip Lowe and Alison Tarditi

Interest Rates, Exchange Rates and Foreign Debt: Rejoinder pp. 80-81

D. Johannes Jüttner

Volume 68, month 12, 1992

Introduction pp. 1-9

Barry A. Goss and Jerome Stein

The Tin Crisis (1985‐86) and Futures Trading pp. 10-15

Basil S. Yamey

Rational Expectations and Price Determination in the US Oats Market pp. 16-26

Barry A. Goss, S. Gulay Avsar and Siang‐choo Chan

Information, Pricing and Efficiency in Cash and Futures Markets: The Case of Hogs pp. 27-33

Raymond M. Leuthold, Philip Garcia and Nabil Chaherli

Price Discovery Processes pp. 34-45

Jerome Stein

Market Dynamics, Programmed Traders and Futures Markets: Beginning the Laboratory Search for a Smoking Gun pp. 46-62

Glenn Harrison

Deliveries on Commodity Futures Contracts pp. 63-74

Anne E. Peck and Jeffrey C. Williams

Oligopolistic Pricing of Crude Oil Futures pp. 75-104

Louis Phlips

Rewards Available to Currency Futures Speculators: Compensation for Risk or Evidence of Inefficient Pricing? pp. 105-116

Stephen J. Taylor

Single Beta Models and Currency Futures Prices pp. 117-129

Thomas McCurdy and Ieuan G. Morgan

Efficiency in Currency Futures Markets SURE vs. FIML Estimates pp. 130-134

Serdar A. Avsar

Event Studies of Efficiency in the Australian Interest Rate Futures Market pp. 135-140

Ting‐yean Tan

L.G. Melville–Distinguished Fellow pp. 313-317

R.H. Scott

Taxation and Wage Bargaining pp. 318-327

James Pemberton

Unemployment, Participation and Family Incomes in the 1980s* pp. 328-342

Bruce Bradbury

Sales Contracts and Production Uncertainty* pp. 343-350

Robert Drago

The Contribution of Intermittent Labour Force Participation to the Gender Wage Differential* pp. 351-364

Sarah Rummery

Pricing in Australian Manufacturing pp. 365-376

Harry Bloch

The Economics of Television Regulation: A Survey with Application to Australia* pp. 377-394

Allan Brown and Martin Cave

Volume 68, month 09, 1992

A Note on the Taxation of International Capital Income Flows pp. 217-221

Neil Bruce

J.S. Mill and Utopian Socialism* pp. 222-232

Oskar Kurer

Exchange Rates, Market Structure, Prices and Imports* pp. 233-239

Anne Sibert

Fiscal Decentralization and Public Sector Size in Australia* pp. 240-246

Philip Grossman

A Characterization of Australian Unemployment Compensation: An Analysis of Labour Market Adjustment* pp. 247-253

Noel Gaston

A Survey of Theories of Cropshare Tenancy* pp. 254-275

Mohammad Taslim

Occupational Segregation Indices in the Multidimensional Case: A Note* pp. 276-277

Jacques Silber

Aids and ‘Market Failure’ pp. 278-280

Ross Parish

Aids and ‘Market Failure’; a Reply pp. 281-282

Pj. Lloyd

Volume 68, month 06, 1992

A Decomposition of Changes in Labour Productivity in Australia: 1970‐71 to 1989‐90* pp. 105-117

Peter Dixon and McDONALD Daina

An Estimated Australian Macroeconomic Misery Index pp. 118-124

Allan P. Layton

Trade Unions, Collective Voice and Fringe Benefits* pp. 125-141

Paul Miller and Charles Mulvey

On the Estimation of Total Expenditure Elasticities from Derived Engel Functions with Applications to Australian Micro‐Data pp. 142-150

Binh Tran‐nam and Nripesh Podder

Explaining Australia's Imports: 1974–1989* pp. 151-164

Jenny Wilkinson

Specific Purpose Payments and the Commonwealth Grants Commission* pp. 165-180

J.R.G. Butler

Volume 68, month 03, 1992

Market Power and Buffer Stocks pp. 1-6

Phil Simmons and Dale Stahl

Experience Goods, Expectations and Pricing* pp. 7-15

Jae‐cheol Kim

Assessing the Impact of US Macroeconomic Policies and Inflation Rates on the Australian Economy pp. 16-30

Richard Burdekin

Accounting for Australian Carbon Dioxide Emissions pp. 31-42

M. S. Common and U. Salma

Union Wage Effects and the Probability of Union Membership* pp. 43-56

Virginia Christie

Insider Power as a Source of Hysteresis in Unemployment: Tests with Australian Data pp. 57-64

Nicolaas Groenewold and Leanne Taylor

Efficient Estimation: The Rao‐Zyskind Condition, Kruskal's Theorem and Ordinary Least Squares* pp. 65-72

Michael McAleer