Arbeitspapier
From golden age to golden age: Australia's great leap forward?
The twenty-five years after WW 2 witnessed strong labour market institutions and beneficial labour market outcomes - high wage growth and integration of low-skilled immigrants. Then came the macro shocks of the mid 1970s. Labour market outcomes deteriorated as full-time employment population ratios fell, particularly among males; unemployment and welfare use increased; and real wages grew slowly. The golden age passed. In response, successive governments have increasingly begun to dismantle the institutional framework. We address this transition within a simple long run graphical framework to help us marshal facts and arguments and to discuss the likely impact of institutional reform.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 2068
- Klassifikation
-
Wirtschaft
- Thema
-
unemployment
wage growth
welfare use
institutional reform
Australia
Wirtschaftsreform
Sozialreform
Australien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Frijters, Paul
Gregory, Robert George
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:24 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Frijters, Paul
- Gregory, Robert George
- Institute for the Study of Labor (IZA)
Entstanden
- 2006
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