We use unique data in which both partners report about household finances to demonstrate that there is often disagreement about whether the household has experienced financial difficulty in the past year. Four alternative explanations for this disagreement are tested using the data. The results...

Australian industry is characterised by differences across firms, entry of new firms and exit of unsuccessful firms. These facts highlight the inappropriateness of measuring productivity using aggregate production functions based upon representative firms. In this study, we model heterogeneous...

In this paper we examine the empirical relationship between economic openness and nationalism. We replicate and extend the cross-country analysis of Lan and Li (2015) using additional measures of nationalism and additional years of data from the World Values Survey. We fail to find the negative...

This paper explores risk aversion among Australian households using panel data from the Household Income and Labour Dynamics in Australia (HILDA) survey. Using households' share of risky assets, we test whether relative risk aversion is constant in wealth. After accounting for measurement error,...