Record Details

Labour market reform and potential inequality of outcomes: The Australian story

South African Journal of Economic and Management Sciences


 
 
Field Value
 
Title Labour market reform and potential inequality of outcomes: The Australian story
 
Creator Esposto, Alexis
 
Description The global knowledge economy has transformed the world of work in the last four decades. Over the last 40 years the Australian economy underwent major structural change a phenomenon that was initiated in the United Kingdom and the United States in the 1980s. This paper discusses and analyses institutional change characterised by the decentralisation of collective bargaining structures that began in the early 1980s. The paper analyses the impact of these reforms by providing a simple analysis of job creation over a thirty year period. The paper concludes that institutional labour market change can at times produce negative welfare outcomes, particularly as it relates to employment creation. The impact of these effects is increasing inequality of earnings in the labour force.
 
Publisher AOSIS Publishing
 
Contributor
Date 2013-12-07
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article
Format application/pdf
Identifier 10.4102/sajems.v16i5.720
 
Source South African Journal of Economic and Management Sciences; Vol 16, No 5 (2013); 127-136 2222-3436 1015-8812
 
Language eng
 
Relation http://sajems.org/index.php/sajems/article/view/720/288