Economics at your fingertips  

Aspects of Australian and U.S. Living Standards: The Disappointing Decades 1970-1990

Robert Gregory ()

The Economic Record, 1993, vol. 69, issue 204, 61-76

Abstract: One theme documents the parallel U.S. and Australian histories of real wages, employment, and unemployment since 1950 and notes the break in relativities in the mid 1970s which began with a 30 percent Australian real wage increase relative to the United States. Since then, Australian real wages have remained constant, unemployment increased fourfold, and the male full-time employment-population ratio has fallen 25 percent. The other theme relates to the widening dispersion of male real wages, the large job loss from the middle of the earnings distribution, and rapid employment growth at low earnings. Copyright 1993 by The Economic Society of Australia.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (13) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0013-0249

Access Statistics for this article

The Economic Record is currently edited by Paul Miller, Glenn Otto and Martin Richardson

More articles in The Economic Record from The Economic Society of Australia Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().

Page updated 2019-03-31
Handle: RePEc:bla:ecorec:v:69:y:1993:i:204:p:61-76