@techreport{NBERw12116,
 title = "Learning from Other Economies: The Unique Institutional and Policy Experiments Down Under",
 author = "Richard B. Freeman",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "12116",
 year = "2006",
 month = "March",
 URL = "http://www.nber.org/papers/w12116",
 abstract = {This paper argues that detailed studies of particular economies, such as Bob Gregory%u2019s work on Australia, are relevant to all of economics. The paper builds on the concept of a model species from biology to develop the notion of a model economy %u2013 one whose experiences illuminate fundamental economic issues; examines the criterion for an economy to serve as a model economy; and describes three areas %u2013 labour relations and the awards system of wage-setting, marketizing public services and growth through immigration and natural resources %u2013 where Australian experience provides insights into economic behaviour and the operation of markets broadly.},
}