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Modelling aggregate labour demand

Treasury Working Paper 2012-02

References

Altonji J.G. (1982) The intertemporal substitution model of labour market fluctuations : An empirical Analysis, Review of Economic Studies 49, 783-824.

Debelle, G. and Vickery, J. (1998) The Macroeconomics of Australian Unemployment in Debelle, G. and Borland, J. (eds), Unemployment and the Australian Labour Market, Reserve Bank of Australia, 235-265.

Dixon R., Freebairn, J. and Lim, G. (2005) An Employment Equation for Australia, Economic Record 81, 204-214.

Downes, P., and Bernie, K. (1999) The Macroeconomics of Unemployment in the Treasury Macroeconomic Model (TRYM), TRYM Related Paper 20, Commonwealth Treasury, Canberra.

Dowrick, S. and Wells, G. (2004) Modelling Aggregate Demand for Labour: A Critique of Lewis and MacDonald. Economic Record 80, 436-440.

Dungey, M. and Pitchford, J. (1998) Prospects for Output and Employment Growth with Steady Inflation in The Macroeconomics of Australian Unemployment in Debelle, G. and Borland, J. (eds), Unemployment and the Australian Labour Market, Reserve Bank of Australia, 208-234.

Gruen, D., Pagan, A. and Thompson, C. (1999) The Phillips Curve in Australia, Journal of Monetary Economics 44(2), 223-258.

Hamermesh, D. (1986) Labor Demand, Princeton University Press, Princeton NJ.

Lewis, P.E.T. and MacDonald, G. (2002) The Elasticity of Demand for Labour in Australia. Economic Record 78, 18-30.

Lewis, P.E.T. and MacDonald, G. (2004) Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells. Economic Record 80, 441-444.

Lucas R.E., and Rapping, L. (1970) Real wages, employment and inflation in Edmund Phelps (ed.), Microeconomic Foundations of Employment and Inflation Theory, Norton, New York NY.

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