From golden age to golden age: Australia's 'great leap forward'?

Frijters, Paul and Gregory, Robert (2006) From golden age to golden age: Australia's 'great leap forward'?. The Economic Record, 82 257: 207-224. doi:10.1111/j.1475-4932.2006.00316.x

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Author Frijters, Paul
Gregory, Robert
Title From golden age to golden age: Australia's 'great leap forward'?
Journal name The Economic Record   Check publisher's open access policy
ISSN 0013-0249
1475-4932
Publication date 2006-06
Sub-type Article (original research)
DOI 10.1111/j.1475-4932.2006.00316.x
Open Access Status File (Author Post-print)
Volume 82
Issue 257
Start page 207
End page 224
Total pages 18
Place of publication Richmond, Vic., Australia
Publisher Wiley-Blackwell Publishing Asia
Language eng
Abstract The 25 years after World War II witnessed strong labour market institutions and beneficial labour market outcomes – high wage growth and integration of low-skilled immigrants. Then came the macro shocks of the mid-1970s. Labour market outcomes deteriorated as full-time employment–population ratios fell, particularly among men; unemployment and welfare use increased; and real wages grew slowly. The golden age passed. In response, successive governments have increasingly begun to dismantle the institutional framework. We address this transition within a simple long-run graphical framework to help us marshal facts and arguments and to discuss the likely impact of institutional reform.
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: ERA 2012 Admin Only
School of Economics Publications
 
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Citation counts: TR Web of Science Citation Count  Cited 11 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 18 times in Scopus Article | Citations
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Created: Tue, 27 Sep 2011, 09:01:33 EST by Alys Hohnen on behalf of School of Economics