[3]  See Kent C (2012), ‘Implications for the Australian Economy of Strong Growth in Asia’, Speech to the Structural Change the Rise of Asia Conference, Canberra, 19 September; Plumb M, C Kent and J Bishop (2013), ‘Implications for the Australian Economy of Strong Growth in Asia’, RBA Research Discussion Paper No 2013-03; Kent C (2016), ‘After the Boom’, Bloomberg Breakfast, Sydney, 13 September.
[4]  This measure of the real exchange rate gives a sense of international competitiveness from the perspective of labour costs, and so is most useful when comparing the growth of wages across countries.