摘要:

In this paper we provide a simple diagrammatic technique for incorporating variable labour supply into the specific factors model We then use the framework to analyze the positive and normative effects of a minimum wage both with a broadly based employment lottery (on‐the‐job search) and with an employment queue (the Harris‐Todaro case). We discover that with a given minimum wage replacing the queue with a lottery may be welfare red

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01721.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

To reduce the level of tax evasion, a shift of taxation away from income tax and towards a consumption tax has been proposed in Australia. This paper shows that for such a shift to maintain revenue but not induce trade unions to raise their wage demands, it is necessary that the income tax threshold be increased. Numerical examples of desirable tax packages are given.

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01722.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

Data on 1278 flights on the East‐West Airlines Sydney‐Albury‐Melbourne services, beginning when the Sydney‐Melbourne excursion fare was first offered, are used to estimate three demand curves for the jointly provided services. The elasticities of demand for the Sydney‐Melbourne service suggest it expanded the market as much as it attracted passengers from the trunk carriers. The econometric problem of joint estimation with censored dependent variables should be of general

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01723.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

Equivalence scales are measures of the relative incomes required by households of different size and composition to attain a similar standard of living, and are used in analysis of consumer expenditure patterns as well as in judging the appropriateness of the structure of income maintenance payments. The paper reviews equivalence scales previously derived for Australia and presents a range of new estimates based on the 1984 Household Expenditure Survey.

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01724.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

In this paper we assess the implications of agricultural trade reform by GATT member countries. To do this, we link two general equilibrium models, a world food trade model and the ORANI model of the Australian economy. By treating the ORANI model as an integral part of the world model, we are able to focus on the implications for Australia of world agricultural trade reform.The findings suggest that, if price distorting agricultural policies were removed by GATT member countries, world food commodity prices would rise, some by up to 30 per cent, and world food trade expand by about a third. Australia would be a major beneficiary of these international developments, the value of its agricultural exports rising by close to 15 per cent. In 1986, this would have meant for Australia additional export earnings of around SUS750 million, as well as more rapid economic growth.

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01725.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

Using the link between nominal budget imbalances and changes in the public debt, this paper discusses the rationale and provides estimates of the real Federal budget imbalance which, over the past decade, was in surplus more often than indicated by actual outcomes.

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01726.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

Some applications of optimal stopping rules in the analysis of resource economic problems are surveyed. The conceptual foundation for the approach stems from the dual roles of uncertainty and irreversibility in these problems. A stochastic adaptation of Wicksell's ‘tree‐cutting’ paradigm is exposited and shown to provide a rigorous methodology that is as intuitive as more familiar contingent‐asset approaches. Four resource economic applications are considered: environmental problems, urban development, bioeconomic harvesting and resource project timing and va

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01727.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01728.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

摘要:

Book reviewed in this article:Theories and Concept in Comparative Industrial Relations, edited by J. Barbasha and K. BarbashState of Development Economics: Progress and Perspective, edited by Gustav Ranis and T. Paul SchultzMarket Socialism.edited by J. Le Grand and S. Estrin

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01729.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY

ISSN:0013-0249    

DOI:10.1111/j.1475-4932.1990.tb01730.x

出版商:Blackwell Publishing Ltd    

年代:1990

数据来源: WILEY