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Jonathan Hambur
Discussion paper
Can we use high-frequency yield data to better understand the effects of monetary policy and its communication? Yes and no!
This paper explores a new approach to identifying the effects of monetary policy using high-frequency data around monetary policy decisions and other announcements that allows us to explore different facets of monetary policy.
Discussion paper
Doing less, with less: capital misallocation, investment and the productivity slowdown in Australia
Labour productivity growth is the key driver of living standards over the medium term. However, growth in labour productivity has slowed markedly over recent decades in Australia and other advanced economies, leading to slower growth in people’s incomes.
Working paper
Did labour market concentration lower wages growth pre-COVID?
Prior to COVID-19, wages growth in Australia was somewhat lower than was expected based on historical determinants. This paper examines concentration in Australian labour markets and its impacts on wages using a large and representative database derived from administrative tax data.
Working paper
Product market power and its implications for the Australian economy
This paper documents the evolution of firm mark-ups in the Australian economy using a large and representative database derived from administrative tax data.
Working paper
The career effects of labour market conditions at entry
This paper explores the effects of labour market conditions at graduation on an individual’s work‑life over the following decade.