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RBA Glossary definition for labour market

labour market – A collective term for employment, unemployment, participation rates and wages.

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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
Much of this literature focuses on medium-run employment effects, stemming from labour market scarring for workers (e.g. ... A version of the Beckers (2020) shock that does not purge market expectations, which we call ‘Beckers’.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

13 Feb 2024 RDP PDF 1260KB
labour, regulation, trade and tax policy (Aghion and Howitt 2008). But economists have traditionally. ... labour market scarring for workers (e.g. Blanchard and Summers 1986; Ball 2009; Andrews.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-01.pdf

Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE

7 Jan 2024 RDP PDF 1715KB
accounts for market expectations for the policy rate, and another version that does not. ... firms with access to international capital markets may be relatively more exposed to overseas credit.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf

Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects

21 Dec 2023 RDP 2023-10
Kim Nguyen and Jonathan Hambur
investment, labour market, machine learning, productivity. This paper examines the factors associated with the adoption of cloud computing and artificial intelligence/machine learning, two emerging digital general-purpose technologies (GPT), as
https://www.rba.gov.au/publications/rdp/2023/2023-10.html
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Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects

19 Dec 2023 RDP PDF 1692KB
Assets (log) Return on assets Positive. cash flow. Cash ratio Labour share of. ... to all labour costs raises the probability of adoption by just over 1 percentage point).
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-10.pdf

References

19 Dec 2023 RDP 2023-09
Hambur J (2023), ‘Did Labour Market Concentration Lower Wages Growth Pre-COVID?’, RBA Research Discussion Paper No 2023-02. ... Morlacco M and D Zeke (2021), ‘Monetary Policy, Customer Capital, and Market Power’, Journal of Monetary Economics, 121
https://www.rba.gov.au/publications/rdp/2023/2023-09/references.html

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
These questions will help inform policy as the Reserve Bank seeks to increase competition and reduce costs in the debit card market. ... LCR can lower merchants' payment costs and encourages competition in the debit card market.
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
The Evolution of Consumer Payments in Australia: Results from the. 2022 Consumer Payments Survey. Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson. Research Discussion Paper. R DP 2023- 08. Figures in this publication were
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

Wages and concentration

20 Nov 2023 RDP 2023-02
Real wages growth has tended to be higher in local labour markets where the HHI has declined, providing some initial evidence that local labour market concentration is associated with lower wages. ... Errors clustered at the local market level. One
https://www.rba.gov.au/publications/rdp/2023/2023-02/wages-and-concentration.html

Firms’ Price-setting Behaviour: Insights from Earnings Calls

6 Nov 2023 RDP PDF 1677KB
sensitive to import costs but less sensitive to labour costs in the period since 2021. ... labour costs and final prices appears informative for future information extracted from earnings calls.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-06.pdf