Research Discussion Paper – RDP 2023-02 Did Labour Market Concentration Lower Wages Growth Pre-COVID?


This work was completed through contributions of resources from Treasury's Macroeconomic Group and the Reserve Bank of Australia's Economic Research Department. I would like to thank Cyrille Schwellnus, Dan Andrews, Jeff Borland, Sephorah Mangin, and seminar participants at the RBA, the RBA Quantitative Macroeconomics workshop, the OECD, Treasury and the ATO ALIFE Conference for their helpful comments. The views expressed in this paper are those of the authors and do not necessarily reflect those of The Australian Treasury, the Reserve Bank of Australia or the Australian Government.

This paper is being jointly released by The Australian Treasury as Treasury Working Paper 2023-01. Reflecting this joint release, the paper has remained formatted as in the Treasury version.