The elasticity of demand for labour in Australia

The elasticity of demand for labour at the aggregate level is an important parameter for macroeconomic analysis. In particular, policy issues concerning the impact of wage falls on employment and unemployment hinge on the size of this parameter. It is argued in the present paper that previous work o...

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Bibliographic Details
Main Authors: Lewis, Philip, MacDonald, Garry
Format: Journal Article
Published: Blackwell Publishing Asia 2002
Online Access:http://hdl.handle.net/20.500.11937/30214