School of Economics

The problem during lockdown is that not just a few products per expenditure category are missing when calculating the Consumer Price Index – it can be the entire expenditure category itself. Photo: Shutterstock

When products are unavailable in a lockdown, consumption growth will be overstated and changes in the cost of living will be underestimated.

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The federal government should do five key things to keep more people working, says UNSW Business School labour markets expert Raja Junankar. 

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There is one simple solution to the debate on making childcare more affordable in Australia, writes Richard Holden.

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The Shadow RBA Board recommends what the Reserve Bank should do, not predicts what it will do, writes James Morley.

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What are the economic implications for Australia if Malcolm Turnball replaced Joe Hockey as treasurer, ask Tim Harcourt and Richard Holden.

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A lower Aussie dollar is good news for exporters. But it’s bad news for home owners, and consumers and business that source inputs from abroad, writes Richard Holden.

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The Murray Report lacks a coherent framework for thinking about interconnected issues, and nowhere is that more evident than in the inquiry’s tax recommendations, writes Richard Holden.

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The biggest swing factor in the budgetary outlook is not the terms of trade, but labour productivity. And it is arguably the factor that’s hardest to predict, writes Richard Holden.

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Jean Tirole, this year's winner of the Nobel Prize in Economics, has deepened our understanding of how markets actually work, and provided policymakers with a playbook for how to make them work better, writes Richard Holden.

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If you make school funding contingent on achieving good numeracy and literacy test scores then those thresholds will likely be met. The trouble is it might not be because of any genuine improvement, writes Richard Holden.

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