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1–3 of 3 collapsed search results for labour market

RBA Glossary definition for labour market

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

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The MSG2 Model of the World Economy

1 Nov 1987 RDP 8712
Warwick J McKibbin
In Japan, the nominal wage is selected for the following year in order to clear the Japanese labour market in expectation in the following year. ... The assumption for wages and the labour market are very important for the effect of policies.
https://www.rba.gov.au/publications/rdp/1987/8712/the-msg2-model-of-the-world-economy.html

Policy Analysis with the MSG2 Model

1 Nov 1987 RDP 8712
Warwick J McKibbin
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1987/8712.html

Interdependence in the MSG2 Model

1 Nov 1987 RDP 8712
Warwick J McKibbin
In Japan, on the other hand, wages are set in an annual wage cycle, with the wages for the following year targeted, with rational expectations, to hit the labour-market clearing ... level. In a given year, the labour market can be jolted away from full
https://www.rba.gov.au/publications/rdp/1987/8712/interdependence-in-the-msg2-model.html