Research Publications and Outputs: Recent submissions
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COVERED INTEREST PARITY AND THE EFFICIENCY OF THE AUSTRALIAN DOLLAR FORWARD MARKET: A COINTEGRATION ANALYSIS USING DAILY DATA
Published 1991-11-01This paper examines covered interest parity and speculative efficiency using cointegration techniques on a daily data set for Australian dollar/US dollar spot and forward rates and Australian and US interest rates. ...Open AccessWorking Paper -
Efficient Timing of Retirement
Published 1999-02-01A fundamental question in personal finance is deciding when to retire. This article is a theoretical investigation within a conventional life-cycle setting. It finds two closed-form solutions to the retirement timing ...Open AccessWorking Paper -
Firm - Specific Human Capital, Experience and the Differential Incidence of Unemployment
Published 1981-04-01This paper examines the hypothesis that the structure of unemployment is inversely related to the structure of human capital stock and hence, by implication, is correlated with the structure of earnings. An empirical ...Open AccessWorking Paper -
PERMANENT vs. TEMPORARY INFANT INDUSTRY ASSISTANCE
Published 1991-09-01This paper develops a two period model in which a dynamic external economy, in the form of learning-by-doing spillovers, provides the rationale for infant industry assistance are then examined by introducing owner/manager ...Open AccessWorking Paper