Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells
Dowrick and Wells (2004) have attempted to point to what they see as a number of fundamental misinterpretations in a recent paper by Lewis and MacDonald (202) estimating demand for labour in Australia. However, it is argued that it is a particular assumption about a nominal price setting that leads...
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| Format: | Journal Article |
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Blackwell Publishing Asia
2004
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| Online Access: | http://hdl.handle.net/20.500.11937/3509 |
| _version_ | 1848744251682193408 |
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| author | MacDonald, Garry |
| author_facet | MacDonald, Garry |
| author_sort | MacDonald, Garry |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Dowrick and Wells (2004) have attempted to point to what they see as a number of fundamental misinterpretations in a recent paper by Lewis and MacDonald (202) estimating demand for labour in Australia. However, it is argued that it is a particular assumption about a nominal price setting that leads to their results being different from that of the standard literature on labour demand. When the usual assumption are adopted, the results of Lewis and MacDonald (2002) hold and, therefore, are correct. |
| first_indexed | 2025-11-14T05:58:30Z |
| format | Journal Article |
| id | curtin-20.500.11937-3509 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T05:58:30Z |
| publishDate | 2004 |
| publisher | Blackwell Publishing Asia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-35092017-09-13T15:54:29Z Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells MacDonald, Garry Dowrick and Wells (2004) have attempted to point to what they see as a number of fundamental misinterpretations in a recent paper by Lewis and MacDonald (202) estimating demand for labour in Australia. However, it is argued that it is a particular assumption about a nominal price setting that leads to their results being different from that of the standard literature on labour demand. When the usual assumption are adopted, the results of Lewis and MacDonald (2002) hold and, therefore, are correct. 2004 Journal Article http://hdl.handle.net/20.500.11937/3509 10.1111/j.1475-4932.2004.00201.x Blackwell Publishing Asia restricted |
| spellingShingle | MacDonald, Garry Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells |
| title | Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells |
| title_full | Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells |
| title_fullStr | Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells |
| title_full_unstemmed | Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells |
| title_short | Modelling Aggregate Demand for Labour: A Reply to Dowrick and Wells |
| title_sort | modelling aggregate demand for labour: a reply to dowrick and wells |
| url | http://hdl.handle.net/20.500.11937/3509 |