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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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Did Labour Market Concentration Lower Wages Growth Pre-COVID?

28 Feb 2023 RDP PDF 1812KB
JEL Classification Numbers: C23, C55, D22, D43, E24, J30 Keywords: wages, market power, labour markets, concentration. ... Errors clustered at the local market level. One potential explanation could be softer labour markets.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-02.pdf

Non-technical summary for 'Did Labour Market Concentration Lower Wages Growth Pre-COVID?'

28 Feb 2023 RDP PDF 139KB
RDP 2023-02 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-02/rdp-2023-02-non-technical-summary.pdf

Appendix B: Data

3 Jan 2023 RDP 2022-09
Matthew Read
Unanticipated’ series from Beckers (2020). Supplementary information from Beckers (2020). Money market spread. ... Unemployment rate. %, derived from the quarterly average of seasonally adjusted unemployed persons and the quarterly average of
https://www.rba.gov.au/publications/rdp/2022/2022-09/appendix-b.html
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Research Discussion Papers – 2023

1 Jan 2023 RDP
Jonathan Hambur and Dan Andrews. RDP 2023-02 Did Labour Market Concentration Lower Wages Growth Pre-COVID?.
https://www.rba.gov.au/publications/rdp/2023/

Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

29 Dec 2022 RDP PDF 1886KB
measured by money market spreads) and uses cash rate expectations (proxied for by estimated. ... market participants. I use this ‘unanticipated’ change in the cash rate as a proxy for the monetary.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf

Introduction

10 Nov 2022 RDP 2022-06
Kim Nguyen
This relates to the well-known ‘keeping up with Joneses’ phenomenon often cited as an explanation for households' excess of labour supply and overspending in the United States (Stiglitz 2012). ... Similarly, Berlemann and Salland (2016) find positive
https://www.rba.gov.au/publications/rdp/2022/2022-06/introduction.html
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Do Australian Households Borrow to Keep up with the Joneses?

8 Nov 2022 RDP PDF 1659KB
household panel data for Australia from the Household, Income and Labour Dynamics in Australia. ... the Household, Income and Labour Dynamics in Australia (HILDA) Survey, which includes questions.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-06.pdf

References

25 Oct 2022 RDP 2022-05
Kim Nguyen
Singh A, J Suda and A Zervou (2022), ‘Monetary Policy, Labour Market, and Sectoral Heterogeneity’, AEA Papers and Proceedings, 112, pp 491–495.
https://www.rba.gov.au/publications/rdp/2022/2022-05/references.html
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The Real Effects of Debt Covenants: Evidence from Australia

24 Oct 2022 RDP PDF 1647KB
to no effect since the ratios are measured with book values to avoid feedback from market prices of. ... for less than 10 per cent of total private sector labour costs according to the national accounts.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-05.pdf

Credit Loss Modelling

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
One is to estimate a household-level or loan-level default model, using data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey (as in Bilston, Johnson and Read ... Sources: APRA; Authors' calculations; Bank of Canada; Board of
https://www.rba.gov.au/publications/rdp/2022/2022-03/credit-loss-modelling.html
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