Economics - Research Publications

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    The Displacement Hypothesis and Government Spending in the United Kingdom: Some New Long-Run Evidence
    Henry, Olan ; OLEKALNS, NILSS ( 2000-06)
    This paper presents new evidence on the ability of Peacock and Wiseman'sdisplacement hypothesis to explain temporal increases in the ratio ofgovernment expenditure to GDP in the United Kingdom. Using univariatemodelling techniques that are robust to structural changes in the underlyingdata generating process and a data set extending back to 1836, we find fourinstances where displacement may be said to have occurred.
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    Enriching the learning experience: a CALM approach
    JOHNSTON, CAROL ; OLEKALNS, NILSS ( 2000-12)
    This paper outlines and evaluates a new learning strategy implemented in the Faculty of Economics and Commerce at the University of Melbourne. The strategy is an Internet based assignment delivery and assessment system designed to (i) equip students to make the link between macroeconomic theory and important real-world issues, (ii) develop positive attitudes to the subject iii) develop deep approaches to learning (iv) develop a facility for critical analysis and problem solving and v) develop effective study habits. Using a multi-dimensional evaluation strategy, the indications are that the new approach has succeeded in its aim.