Many of the Australian family support schemes are income-tested transfers, targeted towards the lower end of the income distribution, whereas the Norwegian approach is to provide subsidised non-parental care services for families and universal family payments. Using microsimulation models...

The aim of this paper is to estimate in a multivariate context the factors associated with well-being and ill-being without making the assumptions that they are opposite ends of the same continuum, and that the factors uniformly affect both well-being and ill-being. Using the first five waves of...

In contrast to the existing focus on intertemporal global integration, this paper examines equity market integration from the dual perspectives of the global-regional dichotomy and the equity market regime structure. Results are obtained using an exact Kalman filter with common regimes and GARCH...

This study uses nationally representative panel survey data for Australia to identify the role played by mismatches between hours actually worked and working time preferences in contributing to reported levels of job and life satisfaction. Three main conclusions emerge. First, it is not the...

The paper compares and contrasts the pay-as-you-go system of government provided age pensions funded from recurrent tax revenue with the pre-paid system based on a compulsory superannuation levy funding an actuarially fair retirement income. Under special assumptions, including constant levels...

This paper examines the incidence and wage effects of over-skilling within the Australian labour market. It finds that approximately 30 percent of employees believed themselves to be moderately over-skilled and 11 percent believed themselves to be severely overskilled. The incidence of skills...

As a form of human capital health like education determines individuals’ productivity and thus wage rates. While there are numerous overseas studies that examine the effect of health on wages, research on this issue using Australian data is scarce. This paper uses the Household, Income and...

The extent of income poverty and its socio-demographic composition are examined using all ABS income surveys conducted over the period 1982 to 2004. There has been some increase in the proportion of the population in poverty, particularly since 1997, but of more note are the substantial changes...

This paper provides pictures of low pay adult employees in Australia in 2004 drawing on data from the HILDA survey. The low waged are disaggregated into full-time and part-time employees. It is conservatively estimated that approximately 13 per cent of employees can be classified as low waged...

Based on data which are representative of the Australian population in 2002, this paper first analyses the demand for and cost of formal and informal childcare for couple and sole parent families, shedding light on factors which affect the demand for childcare. The predicted demand of formal...