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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A Model of Wage Flexibility
1 Jun 1994
RDP
9404
RDP 9404: Wage Dispersion and Labour Market Institutions: A Cross Country Study 5. ... ij. , which is independent of the amount of labour and capital employed in production.
https://www.rba.gov.au/publications/rdp/1994/9404/model-wage-flexibility.html
Empirical Analysis
1 Jun 1994
RDP
9404
RDP 9404: Wage Dispersion and Labour Market Institutions: A Cross Country Study 6. ... introduce policies to decentralise wage setting may not necessarily experience an increase in labour market flexibility.
https://www.rba.gov.au/publications/rdp/1994/9404/empirical-analysis.html