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Professor William Mitchell

Name: William Mitchell
Qualifications: B.Com(Dea),M.Ec(Monash),PhD
Position: Director
Telephone: +61-2-4921 5027
Room Number: AOB2
Affiliation: CofFEE

E-mail: Bill.Mitchell@newcastle.edu.au

Other Details:

Bill is currently the Professor of Economics at Charles Darwin University. He retains his position as Professor of Economics at the University of Newcastle. He is the inaugural director of CofFEE. He has published extensively on wage and price inflation, unemployment, modern monetary macroeconomic theory and policy, and regional science.

He currently supervises 6 PhD students. He is on the management Board of ARCRNSISS.

Research Interests:

Markov-switching models of job creation and job destruction, Buffer Stock Employment models, the Job Guarantee, Costs of Unemployment, Phillips curve studies, Capital adequacy in banking, public policy, Large-scale macroeconometric modelling, Regional models of unemployment and Spatial Econometrics.

Recent Publications:

All refereed publications in the past five years

Books since 2001

E. Carlson and W.F. Mitchell (2001) (eds.) Achieving Full Employment, Supplement to Volume 12, The Economic and Labour Relations Review, Industrial Relations Research Centre, UNSW, Sydney.

W.F. Mitchell and E. Carlson (2001) (eds.) Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney.

E. Carlson and W.F.Mitchell (2002) (eds.) The Urgency of Full Employment, CAER/UNSW Press, Sydney.

W.F. Mitchell, J. Muysken and T. Van Veen (2006) (eds.) Growth and Cohesion in the European Union, Edward Elgar, Cheltenham, in press.

Book chapters since 2001

W.F. Mitchell (2001) 'The Pathology of Unemployment, in W.F. Mitchell and E. Carlson (eds.), Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney, 11-32.

W.F. Mitchell (2001) 'Hidden Unemployment in Australia, in W.F. Mitchell and E. Carlson (eds.), Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney, 33-46.

W.F. Mitchell and E. Carlson (2001) 'Labour underutilisation and underemployment in Australia and the USA, in W.F. Mitchell and E. Carlson (eds.), Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney, 47-68.

W.F. Mitchell (2001) 'Demographic and industry employment changes in a high pressure economy, in W.F. Mitchell and E. Carlson (eds.), Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney, 69-84.

W.F. Mitchell (2001) 'The unemployed cannot search for jobs that are not there, in W.F. Mitchell and E. Carlson (eds.), Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney, 85-117.

W.F. Mitchell (2001) 'Full employment abandoned - the role of the public sector, in W.F. Mitchell and E. Carlson (eds.), Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney, 193-218.

M.J. Watts and W.F. Mitchell (2001) 'Unemployment Theories, in J. Michie (ed.) Reader's Guide to the Social Sciences, Fitzroy Dearborn, London, 1712-13.

W.F. Mitchell and W. Mosler (2001) 'Fiscal policy and the Job Guarantee, in W.F. Mitchell and E. Carlson (eds.), Unemployment: the Tip of the Iceberg, CAER/UNSW Press, Sydney, 219-232.

E. Carlson, S. Cowling. and W.F. Mitchell (2002) 'Introduction' in E. Carlson and W.F. Mitchell (eds.) The Urgency of Full Employment, CAER/UNSW Press, Sydney, 9-20.

W.F. Mitchell and M.J. Watts (2002) 'Restoring Full Employment: the Job Guarantee' in E. Carlson and W.F. Mitchell (eds.) The Urgency of Full Employment, CAER/UNSW Press, Sydney, 95-114.

W.F. Mitchell and J. Muysken (2002) 'Aggregate demand should do the job' in E. Carlson and W.F. Mitchell (eds.) The Urgency of Full Employment, CAER/UNSW Press, Sydney, 133-158.

E. Carlson, W.F. Mitchell and M.J. Watts (2003) 'The Impact of New Forms of Wage Setting on Wage Outcomes in Australia, in J. Burgess and D. Macdonald (eds.) Developments in Enterprise Bargaining in Australia, Tertiary Press, Melbourne, 118-140.

W.F. Mitchell (2003) 'The Job Guarantee model - financial considerations in an open economy, in E.J. Nell (ed.), Functional Finance and Full Employment, Edward Elgar, New York, 278-295.

W.F. Mitchell and M.J. Watts (2003) 'Full Employment in J.E. King (ed.) The Elgar Companion to Post Keynesian Economics, Edward Elgar, Cheltenham UK, 153-159.

W.F. Mitchell and J. Muysken (2006) 'The Brussels-Frankfurt consensus: an answer to the wrong question, in W.F. Mitchell, J. Muysken and T. Van Veen (2006) (eds.) Growth and Cohesion in the European Union, Edward Elgar, Cheltenham, in press.

Refereed Journal Articles since 2001

W.F. Mitchell (2001) 'The Job Guarantee and Inflation Control, in E. Carlson and W.F. Mitchell (eds.), Achieving Full Employment, Supplement to Volume 12, The Economic and Labour Relations Review, Industrial Relations Research Centre, UNSW, Sydney, 10-25.

A. Valadkhani and W.F. Mitchell (2002) 'Assessing the Impact of Changes in Petroleum Prices on the Australian Economy, Australian Economic Review, 35(2), June, 122-132.

D. Biddle, J. Burgess, W.F. Mitchell, and M. OBrien (2002) 'The Australian Labour Market in 2001, The Journal of Industrial Relations, June, 44(2), 171-197.

W.F. Mitchell and W. Mosler (2002) 'Fiscal Policy and the Job Guarantee, Australian Journal of Labour Economics, 5(2), June, 243-60.

B. Cook, C. Dodds, and W.F. Mitchell (2003) 'Social Entrepreneurship: False Premises and Dangerous Forebodings, Australian Journal of Social Issues, 38(1), February, 57-75.

J. Burgess, W.F. Mitchell, and A. Preston (2003) 'The Australian Labour Market in 2002, The Journal of Industrial Relations, 45(2), 125-150.

S. Cowling and W.F. Mitchell (2003) 'False promise or false premise? Evaluating the Job Network, Australian Journal of Labour Economics, 6(2), June, 207-226.

W.F. Mitchell and M.J. Watts (2004) 'Comparison of the Macroeconomic Consequences of Basic Income and Job Guarantee Schemes, Rutgers Journal of Law and Urban Policy, 2, 1-24.

M.J. Watts and W.F. Mitchell (2004) 'Wages and wage determination in 2003, The Journal of Industrial Relations, 46(2), June, 160-183.

W.F. Mitchell and L.R. Wray (2005) 'In Defence of the Employer of Last Resort, Journal of Economic Issues, March, 39(1), 235-245.

M.J. Watts and W.F. Mitchell (2005) 'Wages and wage determination in 2004, The Journal of Industrial Relations, 47(2), June, 151-170.

W.F. Mitchell and E. Carlson (2005) 'Exploring employment growth disparities across Metropolitan and Regional Australia, Australasian Journal of Regional Studies, 11(1), 25-40.

M.J. Watts and W.F. Mitchell (2006) 'Wages and Wage Determination in 2005, The Journal of Industrial Relations, 48(2), June, in press.

Refereed Conference Papers since 2001

W.F. Mitchell and J. Muysken (2001) 'Aggregate demand should do the job, Third Path to Full Employment Conference, University of Newcastle, June.

W.F. Mitchell, J. Muysken and M.J. Watts (2002) 'Wage and Productivity Relationships in Australia and the Netherlands, AIRAANZ Conference, Queenstown, New Zealand, 6-8 February.

E. Carlson and W.F. Mitchell (2002) 'Labour underutilisation in Australia, in Carlson E. (ed.) The Path to Full Employment, Proceedings of the 4th Path to Full Employment Conference/9th National Conference on Unemployment, University of Newcastle, 4-6 December, 37-53.

S. Cowling and W.F. Mitchell (2002) 'False promise or false premise? Evaluating the Job Network, in Carlson E. (ed.) The Path to Full Employment, Proceedings of the 4th Path to Full Employment Conference/9th National Conference on Unemployment, University of Newcastle, 4-6 December, 54-66.

W.F. Mitchell and W. Mosler (2002) 'Public debt management and Australias macroeconomic priorities, in Carlson E. (ed.) The Path to Full Employment, Proceedings of the 4th Path to Full Employment Conference/9th National Conference on Unemployment, University of Newcastle, 4-6 December, 141-153.

W.F. Mitchell and J. Muysken (2002) 'Investment asymmetries, inflation and unemployment, in Carlson E. (ed.) The Path to Full Employment, Proceedings of the 4th Path to Full Employment Conference/9th National Conference on Unemployment, University of Newcastle, 4-6 December, 154-166.

W.F. Mitchell and L. Reedman (2002) 'Fiscal policy and financial fragility: why macroeconomic policy is failing, in Carlson E. (ed.) The Path to Full Employment, Proceedings of the 4th Path to Full Employment Conference/9th National Conference on Unemployment, University of Newcastle, 4-6 December, 167-178.

E. Carlson and W.F. Mitchell (2003) 'Labour underutilisation in Australia and Inflation, in Cowling, S. (ed.) The Underutilisation of Europe's Labour Resources, Proceedings of the CofFEE-Europe Workshop, University of Maastricht, 4-5 October 2002; 72-97.

W.F. Mitchell and E. Carlson (2003) 'Why do disparities in employment growth across metropolitan and regional space occur? in Carlson, E. (ed.) The Full Employment Imperative, Proceedings of the 5th Path to Full Employment Conference/10th National Conference on Unemployment, University of Newcastle, 10-12 December, 121-152.

W.F. Mitchell and J. Muysken (2003) 'Misrepresentation and fudge - the OECD NAIRU consensus, in Carlson, E. (ed.) The Full Employment Imperative, Proceedings of the 5th Path to Full Employment Conference/10th National Conference on Unemployment, University of Newcastle, 4-6 December, 165-182.

W.F. Mitchell and M. Watts (2003) 'In defence of the Job Guarantee, in Carlson, E. (ed.) The Full Employment Imperative, Proceedings of the 5th Path to Full Employment Conference/10th National Conference on Unemployment, University of Newcastle, 10-12 December, 183-196.

W.F. Mitchell and W. Mosler (2003) 'The Intergenerational Report - myths and solutions, in Carlson, E. (ed.) The Full Employment Imperative, Proceedings of the 5th Path to Full Employment Conference/10th National Conference on Unemployment, University of Newcastle, 10-12 December, 153-164.

W.F. Mitchell and L.R. Wray (2004) 'Full employment through a Job Guarantee: a response to the critics, in Carlson E. (ed) A Future that works: economics, employment and the environment, Proceedings of the 6th Path to Full Employment Conference and the 11th National Conference on Unemployment, pp.21-36.

A. Bill, S. Cowling, W.F. Mitchell and V. Quirk (2004) 'Creating Effective Employment Solutions for People with Psychiatric Disability, in Carlson E. (ed) A Future that works,: economics, employment and the environment, Proceedings of the 6th Path to Full Employment Conference and the 11th National Conference on Unemployment, pp.74-83.

W.F. Mitchell (2004) 'Labour underutilisation and regional labour force data estimates, in Carlson E. (ed) A Future that works: economics, employment and the environment, Proceedings of the 6th Path to Full Employment Conference and the 11th National Conference on Unemployment, pp.294-311.

W.F. Mitchell and A. Bill (2004) 'Spatial dependence in regional unemployment in Australia, in Carlson E. (ed) A Future that works: economics, employment and the environment, Proceedings of the 6th Path to Full Employment Conference and the 11th National Conference on Unemployment, pp. 312-326.

W.F. Mitchell and J. Muysken (2004) 'Involuntary unemployment getting to the heart of the problem, in Carlson E. (ed) A Future that works: economics, employment and the environment, Proceedings of the 6th Path to Full Employment Conference and the 11th National Conference on Unemployment, pp.327-339.

J. Juniper, W.F. Mitchell and J. Myers (2004) 'Small business employment dynamics in Australia, in Carlson E. (ed) A Future that works: economics, employment and the environment, Proceedings of the 6th Path to Full Employment Conference and the 11th National Conference on Unemployment, pp. 239-251.

W.F. Mitchell, J. Muysken and R. Welters (2005) 'Search behaviour and the casualties of the (dual) labour market', in Wrightson, G. (ed.), Creating a Culture of Full Employment, Proceedings of the 7th Path to Full Employment Conference/12th National Conference on Unemployment, December, 269-283 (submitted Oxford Economic Papers).

W.F. Mitchell, J. Myers and J. Juniper (2005) 'The dynamics of job creation and job destruction in Australia', in Wrightson, G. (ed.), Creating a Culture of Full Employment, Proceedings of the 7th Path to Full Employment Conference/12th National Conference on Unemployment, December, 284-306.

S. Cowling and W.F. Mitchell (2005) 'Taking the low road: minimum wage determination under 'Work Choices, in Wrightson, G. (ed.), Creating a Culture of Full Employment, Proceedings of the 7th Path to Full Employment Conference/12th National Conference on Unemployment, December, 196-206 (submitted Journal of Industrial Relations).

W.F. Mitchell and A. Bill (2005) 'Who benefits from employment growth?, in Wrightson, G. (ed.), Creating a Culture of Full Employment, Proceedings of the 7th Path to Full Employment Conference/12th National Conference on Unemployment, December, 254-268.

W.F. Mitchell and V. Quirk (2005) 'Skills shortages in Australia: concepts and reality, in Wrightson, G. (ed.), Creating a Culture of Full Employment, Proceedings of the 7th Path to Full Employment Conference/12th National Conference on Unemployment, December, 307-323.

A. Bill and W.F. Mitchell (2006) 'Local indicators of spatial association in unemployment in Australia, ARCRNSISS Methods, Tools and Techniques Workshop, Newcastle, June, 2005, forthcoming in Wrightson, G. (ed.) Spatial Methods in Social Science, RMIT Publishing.

W.F. Mitchell and Bill, A. (2006) 'A spatial econometric analysis of the irreversibility of long term unemployment in Australia, ARCRNSISS Methods, Tools and Techniques Workshop, Newcastle, June, 2005, forthcoming in Wrightson, G. (ed.) Spatial Methods in Social Science, RMIT Publishing.

W.F. Mitchell and J. Juniper (2006) 'Towards a Spatial Keynesian macroeconomics, presented to The Keynesian Legacy in Macroeconomic Modelling Conference, Cassino, Italy, September, 2005, forthcoming in Arestis, P. and Zezza, G. (eds.) The Keynesian Legacy in Macroeconomic Modelling, Macmillan, London.