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Wage Determination in Australia

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  • Simes, R M
  • Richardson, C J

Abstract

This paper examines whether a stable expectations-augmented Phillips curve exists for Australia. Results f rom aggregate data suggest that the level of unemployment is relevant to wage determination. In addition, the impact of overtime on the gr owth in money wages is consistent with the view that those in secure employment are influenced by labor market conditions. Copyright 1987 by The Economic Society of Australia.

Suggested Citation

  • Simes, R M & Richardson, C J, 1987. "Wage Determination in Australia," The Economic Record, The Economic Society of Australia, vol. 63(181), pages 144-155, June.
    • Handle: RePEc:bla:ecorec:v:63:y:1987:i:181:p:144-55
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    Cited by:

    1. PHILIP E.T. LEWIS & GARRY A. MacDONALD, 1993. "Testing for Equilibrium in the Australian Wage Equation," The Economic Record, The Economic Society of Australia, vol. 69(3), pages 295-304, September.
    2. Jeff Borland & Ian McDonald, 2000. "Labour Market Models of Unemployment in Australia," Melbourne Institute Working Paper Series wp2000n15, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    3. Chapman BJ. & Gruen F., 1990. "Analysis of the Australian consensual incomes policy: the prices and incomes accord," ILO Working Papers 992754563402676, International Labour Organization.
    4. Guy Debelle & James Vickery, 1998. "Is the Phillips Curve A Curve? Some Evidence and Implications for Australia," The Economic Record, The Economic Society of Australia, vol. 74(227), pages 384-398, December.
    5. John Freebairn, 1995. "Reconsidering the Marginal Welfare Cost of Taxation," The Economic Record, The Economic Society of Australia, vol. 71(2), pages 121-131, June.
    6. repec:ilo:ilowps:275456 is not listed on IDEAS
    7. Simes, Richard M, 1988. "Macroeconometric Model Evaluation, with Special Reference to the NIF88 Model," Australian Economic Papers, Wiley Blackwell, vol. 27(0), pages 29-56, Supplemen.

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