Search: labour market

Sort by: Relevance Date
1–9 of 9 collapsed search results for labour market

RBA Glossary definition for labour market

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

Search Results

Wage Growth Puzzles and Technology

1 Sep 2018 RDP 2018-10
Geoff Weir
This uncertainty or ‘fear of the unknown’ may itself be having an important impact on labour market behaviour. ... Declining union membership and labour market deregulation are common features across many western economies over recent decades.
https://www.rba.gov.au/publications/rdp/2018/2018-10/full.html

Technology, Bargaining Power and Nominal Wages Growth

1 Sep 2018 RDP 2018-10
Geoff Weir
This uncertainty or ‘fear of the unknown’ may itself be having an important impact on labour market behaviour. ... labour market outcomes are the result of collective bargaining between labour and firms (or possibly labour, the government and firms).
https://www.rba.gov.au/publications/rdp/2018/2018-10/technology-bargaining-power-and-nominal-wages-growth.html

Technology and Labour's Declining Share

1 Sep 2018 RDP 2018-10
Geoff Weir
Declining union membership and labour market deregulation are common features across many western economies over recent decades. ... Adrjan (2018), in a longitudinal study using UK firm-level data, uses a model of the firm in which the labour market is
https://www.rba.gov.au/publications/rdp/2018/2018-10/technology-and-labours-declining-share.html

Wage Growth Puzzles and Technology

25 Sep 2018 RDP 2018-10
Geoff Weir
consumption, households, income and wealth, labour market. Economists have been grappling with both a long-run and a shorter-run wage 'puzzle'. ... The long-run wage puzzle is why real wages have for decades been growing slower than labour productivity:
https://www.rba.gov.au/publications/rdp/2018/2018-10.html

Appendix A: RBA Research on Structural Factors That May Be Holding Down Nominal Wages Growth

1 Sep 2018 RDP 2018-10
Geoff Weir
This seems unlikely in most western countries, where the trend has been in the direction of labour market deregulation. ... The UK labour market, for example, is generally regarded as much more flexible and less heavily regulated than the Australian
https://www.rba.gov.au/publications/rdp/2018/2018-10/appendix-a.html

Bibliography

1 Sep 2018 RDP 2018-10
Geoff Weir
Kent C (2015), ‘Adjustments in the Labour Market’, Address to the Economic Society of Australia (Queensland) Luncheon, Brisbane, 14 August. ... Lowe P (2017a), ‘The Labour Market and Monetary Policy’, Address to the Anika Foundation Luncheon,
https://www.rba.gov.au/publications/rdp/2018/2018-10/bibliography.html

Wage Growth Puzzles and Technology

6 Oct 2018 RDP 2018-10
Geoff Weir
Research Discussion Paper – RDP 2018-10 Wage Growth Puzzles and Technology. Geoff Weir. September 2018. 1.39. KB. This paper was written while I was a visiting scholar at the Reserve Bank of Australia from November 2017 to May 2018. My sincere
https://www.rba.gov.au/publications/rdp/2018/2018-10/sections.html

Technology Diffusion and Low Nominal Wages Growth: Some Research Proposals

1 Sep 2018 RDP 2018-10
Geoff Weir
The model allows for imperfect competition in the product market. With respect to labour markets, all firms are assumed to pay the same, exogenously set wage. ... Given the severity of the GFC-related recession in most OECD countries, it is not
https://www.rba.gov.au/publications/rdp/2018/2018-10/technology-diffusion-and-low-nominal-wages-growth-some-research-proposals.html

Introduction: Short-run and Long-run Wage Puzzles

1 Sep 2018 RDP 2018-10
Geoff Weir
Analysing such structural changes requires models that allow for product and/or labour markets that are not fully competitive and can accommodate changes over time in mark-ups. ... Section 2 looks briefly at the nature of the ICT revolution and
https://www.rba.gov.au/publications/rdp/2018/2018-10/introduction-short-run-and-long-run-wage-puzzles.html