Browsing NTNU Open by Author "McHugh, Zoë"
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A Smooth-Transition Model of the Australian Unemployment Rate
Bårdsen, Gunnar; Hurn, Stan; McHugh, Zoë (Working Paper Series, 1503-299X; 2002:10, Research report, 2002)Models of the aggregate unemployment rate have traditionally been estimated from structural models of the labour market or in a linear single-equation framework. However, theory as well as evidence suggest that the ... -
Modelling Wages and Prices in Australia
Bårdsen, Gunnar; Hurn, Stan; McHugh, Zoë (Working Paper Series, 1503-299X; 2002:12, Research report, 2002)This paper estimates a simultaneous-equation model of wages and prices for Australia, underpinned by a competing claims framework of imperfect competition. Two separate cointegrating relationships for wages and prices are ...