ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00366.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00367.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

AbstractThis study adjusts the total deficit (or net public sector borrowing requirement) of the whole of the public sector in Australia for the effects of changes in both the level of economic activity and the implicit tax that inflation imposes on the holders of government bonds. Both adjustments are important, even when looking at year‐to‐year changes in the structural deficit. When the stance of fiscal policy is measured by the structural deficit as a percentage of gross domestic product, four years stand out as years of major changes. In each of the years 1973‐74, 1979‐80 and 1987‐88 the stance of fiscal policy was substantially tightened with the abrupt tightening in 1979‐80 being the largest change, though not much larger than that in 1973‐74. By far the biggest change relaxing the stance of fiscal policy was in 1983‐84, and the change in this year was the biggest of any change in either directio

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00368.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

AbstractThis work provides a test of competitive theories of wage determination by examining the wages of identical workers across industry classifications. The finding that a set of significant industry wage differentials exists would seem to contradict a purely competitive theory of wage determination. However, the apparent presence of unmeasured human capital that is correlated with industry status does provide one potential competitive explanation for the industry wage effects. Moreover, non‐competitive explanations for the differences in industry wages, such as efficiency wage theory or institutional factors, appear to be inconsistent with the nature of the wage differential

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00369.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

AbstractIn 1984 the Labour government in New Zealand began a wide‐ranging process of reform with the objective of achieving a sustainable improvement in economic performance. The breadth and rapidity with which deregulation, tax reform, and privatisation were implemented has attracted widespread interest. The expected improvement in macroeconomic performance, however, has not yet been realised.This article describes some background to the policy shift, and focuses on macroeconomic aspects of the reforms. It argues that while many improvements in microeconomic resource allocation have been made, the interaction between monetary, fiscal and wages policies has contributed substantially to the present high cost of structural change in New Zealan

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00370.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

AbstractIt is now widely recognised that the distortions common in many developing countries lead to a bias against exporting. In consequence many governments have begun to provide export incentives aimed at compensating for this bias. This article begins by examining the range of such incentives offered in South‐East Asian countires. It then goes on to use the standard theory of the second‐best to develop a simple framework within which these policies can be assessed. The difficulties encountered in constructing a system of export incentives that will not introduce distortions of their own are highlighted. The constraints imposed by GATT obligations are also no

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00371.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00372.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00373.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00374.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

ISSN:0004-9018    

DOI:10.1111/j.1467-8462.1990.tb00375.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY