Search: labour market
RBA Glossary definition for labour market
labour market – A collective term for employment, unemployment, participation rates and wages.
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Appendix A: The Specification of the Core Models
31 Dec 1977
RDP
1977-07
k. real business fixed investment. L. demand for labour (employment). l. ... change in demand for labour. N. supply of labour (labour force).
https://www.rba.gov.au/publications/rdp/1977/7707/appendix-a.html
Results with the Australian Model
31 Dec 1977
RDP
1977-07
modelling of domestic credit expansion; the addition of a distinct price deflator for public goods and services; and the inclusion of a market for labour. ... model. The adjustment speeds in asset markets are, in general, low relative to lags in the
https://www.rba.gov.au/publications/rdp/1977/7707/results-with-the-australian-model.html