The Centre of Full Employment and Equity or CofFEE is an official research centre of the University of Newcastle,

New South Wales ) , nickname = , image_map = New South Wales in Australia.svg , map_caption = Location of New South Wales in AustraliaCoordinates: , subdivision_type = Country , subdivision_name = Australia , established_title = Before federation , es ...

Australia Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. With an area of , Australia is the largest country by ...

, and has operated since 1998. CofFEE's membership is drawn from the disciplines of

economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics anal ...

politics Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations among individuals, such as the distribution of resources or status. The branch of social science that studies ...

sociology Sociology is a social science that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life. It uses various methods of empirical investigation an ...

and

geography Geography (from Greek: , ''geographia''. Combination of Greek words ‘Geo’ (The Earth) and ‘Graphien’ (to describe), literally "earth description") is a field of science devoted to the study of the lands, features, inhabitants, an ...

. CofFEE states that it seeks to undertake and promote research into the goals of full employment, price stability and achieving an economy that delivers equitable outcomes for all. Its main focus is on macroeconomics, labour economics, regional development and

monetary economics Monetary economics is the branch of economics that studies the different competing theories of money: it provides a framework for analyzing money and considers its functions (such as medium of exchange, store of value and unit of account), and ...

Goals

The stated main aims of the Centre are to "promote research aimed at restoring

full employment Full employment is a situation in which there is no cyclical or deficient-demand unemployment. Full employment does not entail the disappearance of all unemployment, as other kinds of unemployment, namely structural and frictional, may remain. F ...

", and achieving "an economy that delivers equitable outcomes for all", and also determining how effective regional labour markets can be in creating employment for the disadvantaged.

Research programs

Research programs of public interest include: work on the Job guarantee scheme and public sector employment, in general, in

OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate ...

countries; the development of alternative labour-market indicators (hours-based measures of labour underutilisation); creating effective employment arrangements for youth with

psychosis Psychosis is a condition of the mind that results in difficulties determining what is real and what is not real. Symptoms may include delusions and hallucinations, among other features. Additional symptoms are incoherent speech and behavi ...

; creating effective local labour-markets; advancing spatial research by reconstructing

’s economic geography; and a multi-level modelling approach for understanding "socio-economic opportunity and vulnerability."Ramsay, Tony & and Christopher Lloyd,

University of New England University of New England may refer to: * University of New England (Australia), in New South Wales, with about 18,000 students * University of New England (United States), in Biddeford, Maine, with about 3,000 students See also *New England Colle ...

"Infrastructure investment for Full Employment: A social democratic program of funds regulation"
''Journal of Australian Political Economy'', #65, Winter 2010

South Africa

CofFEE researchers are currently working with the

International Labour Organization The International Labour Organization (ILO) is a United Nations agency whose mandate is to advance social and economic justice by setting international labour standards. Founded in October 1919 under the League of Nations, it is the first and o ...

on a project evaluating the public works employment program in

South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring coun ...

and assessing the feasibility of establishing a coherent

minimum wage A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. B ...

system in South Africa.

Coalition of Economic Policy Institutions

CofFEE is part of the Coalition of Economic Policy Institutions, which is a non-partisan forum "dedicated to promoting research and public discussion of issues related to macroeconomic and monetary policy."

References

External links

Centre of Full Employment and Equity in Europe (CofFEE-Europe) Center for Full Employment and Price Stability, University of Missouri - Kansas City
{{authority control University of Newcastle (Australia) Economic research institutes Full employment Employment in Australia