WHILE DESIGN LECTURERS may feel confident in an educational context because of their grounding in professional design practice, it is sometimes painfully obvious that not all designers are good teachers. Perhaps more ...

n the 1990s a large body of literature--sometimes referred to as the financial accelerator hypothesis, broad credit view, or balance sheet channel--focused on the role of financial factors in business fluctuations and in ...

Univariate spectral analysis is used to model seasonally unadjusted quarterly unemployment rate data for Australia, 1978(2) to 2002(3). Data are tested for three categories: persons, males and females. Dynamic out-of-sample ...

This paper studies the dynamics of a simple discounted present-value asset-pricing model where agents have different risk attitudes and follow different expectation formation schemes for the price distribution. A ...

We propose that the formation of beliefs be treated as statistical hypothesis tests, and label such beliefs inferential expectations. If a belief is overturned through the build-up of evidence, we assume agents switch to ...

Are expansions and recessions more likely to end as their magnitude increases? In this paper we apply parametric hazard models to investigate this issue in a sample of 16 countries from 1881 to 2000. For the total sample ...

In a simple model of financial market dynamics, we allow the price of a risky security to be set by a market maker depending on the excess demand of heterogeneous interacting traders, fundamentalists and chartists, who ...

This paper involves an examination of the contemporary Australian alternative comics scene as a lively farm of lampooning and derision in the late 20th Century. Many of the artists, creators and cartoonists involved ...

Australian trade unions in the 1980s and 1990s sought to influence and guide the restructuring of vocational and workplace education policy, to widen participation in education and training, and establish partnership ...

We show that over the period 1960-1997, the range comprised between the 30th and the 85th percentiles of the world income distribution expressed in terms of GDP per capita invariably scales down as a Pareto distribution. ...