Search: capital market
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RBA Glossary definition for capital market
capital market – A market for medium to long-term financial instruments. Financial instruments traded in the capital market include shares, and bonds issued by the Australian Government, State governments, corporate borrowers and financial institutions.
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Literature
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? 2. ... There has also been an increasing focus on heterogeneity among firms within markets.
https://www.rba.gov.au/publications/rdp/2023/2023-02/literature.html
Non-technical summary for ‘Did Labour Market Concentration Lower Wages Growth Pre-COVID?’
1 Mar 2023
RDP
2023-02
Regional labour markets tend to be much more concentrated. Increases in labour market concentration are associated with lower wages and wages growth. ... On average, labour markets did not become more concentrated in Australia from 2005–2016.
https://www.rba.gov.au/publications/rdp/2023/2023-02/non-technical-summary.html
References
1 Mar 2023
RDP
2023-02
RDP 2023-02: Did Labour Market Concentration Lower Wages Growth Pre-COVID? References. ... Rinz K (2018), ‘Labor Market Concentration, Earnings Inequality, and Earnings Mobility’, U.S.
https://www.rba.gov.au/publications/rdp/2023/2023-02/references.html
Why has the impact of concentration increased?
1 Mar 2023
RDP
2023-02
One explanation I examine is declining occupational or industry mobility. Much of the work on labour market concentration assumes that workers cannot move between local labour markets due to geographic or ... If it becomes easier to move between these
https://www.rba.gov.au/publications/rdp/2023/2023-02/why-has-the-impact-of-concentration-increased.html