Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/11038
Full metadata record
DC FieldValueLanguage
dc.contributor.authorSmith, Gregory Owenen
local.source.editorEditor(s): Ellen Carlsonen
dc.date.accessioned2012-08-15T12:36:00Z
dc.date.issued2002en
dc.identifier.citationThe Path to Full Employment, p. 192-200en
dc.identifier.isbn1920701095en
dc.identifier.urihttps://hdl.handle.net/1959.11/11038en
dc.description.abstractThe context of the discussion is Australian macroeconomic experience since 1975. One strand of the discussion is to explore the role of macroeconomic paradigms as an influence on policy. Thus, for instance, a NAIRU can be generated in relation to a vertical long run aggregate supply schedule, or in relation to the intersection of a workforce-based target real wage schedule and a real wage schedule based on what firms are prepared to pay. The imperative to eliminate excess aggregate demand in the former scenario is very different to the orientation to negotiate over income claims in the second. The other main strand of the discussion is to explore changes in the bargaining environment over the period, with particular focus on the deliberations in national wage cases. The early Accord was one type of incomes policy. Wage-setting now has an enterprise productivity focus. The Commission has attempted to assert the safety net role of the award via "living wage" cases, but the "constraint" represented by a real wage which is "too high" continues to be asserted. Budgetary settings remain tight. The realities associated with the real wage are a diminution of labour's share from recent historical levels and an increasing degree of wage dispersion. A policy on pay would seek to address these issues of income distribution. The aim would be to achieve an overall modification of claims on income that would support government induced expansion of aggregate demand to generate more jobs.en
dc.languageenen
dc.publisherCentre of Full Employment and Equity (CoFEE), University of Newcastleen
dc.relation.ispartofThe Path to Full Employmenten
dc.titleThe Relevance of Policies on Pay to the Pursuit of Full Employmenten
dc.typeConference Publicationen
dc.relation.conference4th Path to Full Employment Conference and the 9th National Conference on Unemployment, Newcastle, Australia, 4th - 6th December, 2002en
dc.subject.keywordsMacroeconomics (incl Monetary and Fiscal Theory)en
local.contributor.firstnameGregory Owenen
local.subject.for2008140212 Macroeconomics (incl Monetary and Fiscal Theory)en
local.subject.seo2008910106 Income Distributionen
local.profile.schoolUNE Business Schoolen
local.profile.emailgsmith2@une.edu.auen
local.output.categoryE1en
local.record.placeauen
local.record.institutionUniversity of New Englanden
local.identifier.epublicationsrecordpes:408en
local.publisher.placeCallaghan, Australiaen
local.format.startpage192en
local.format.endpage200en
local.peerreviewedYesen
local.contributor.lastnameSmithen
dc.identifier.staffune-id:gsmith2en
local.profile.roleauthoren
local.identifier.unepublicationidune:11234en
dc.identifier.academiclevelAcademicen
local.title.maintitleThe Relevance of Policies on Pay to the Pursuit of Full Employmenten
local.output.categorydescriptionE1 Refereed Scholarly Conference Publicationen
local.relation.urlhttp://e1.newcastle.edu.au/coffee/conferences/2002/index.cfmen
local.relation.urlhttp://search.informit.com.au/documentSummary;dn=058314921061197;res=IELBUSen
local.conference.details4th Path to Full Employment Conference and the 9th National Conference on Unemployment, Newcastle, Australia, 4th - 6th December, 2002en
local.description.statisticsepubsVisitors: 100<br />Views: 101<br />Downloads: 0en
local.search.authorSmith, Gregory Owenen
Appears in Collections:Conference Publication
Files in This Item:
2 files
File Description SizeFormat 
Show simple item record

Page view(s)

20
checked on Feb 24, 2019
Google Media

Google ScholarTM

Check


Items in Research UNE are protected by copyright, with all rights reserved, unless otherwise indicated.