The effects of credit constraints on university participation are investigated in a setting where income contingent tuition loans are available to students. Students most likely to face credit constraints have the same or higher probability of attending university as all other students, given...

We study the relationship between university participation and socioeconomic status (SES) in Australia, focusing on eligibility to attend university. Participation among those with similar eligibility to attend university does not vary by SES. Conditional on their Equivalent National Tertiary...

This paper investigates differences between the educational attainment of immigrants, children of immigrants and native-born individuals in Australia by using Australian Youth Survey (AYS) data combined with aggregate Australian Census data. Differences in educational attainment are decomposed...

The effect of credit constraints on the dropout, graduate and slow finishing decisions of university students in Australia is studied. The Australian university system has institutions in place to resolve credit constraint issues, including an income contingent loan scheme and means tested...

We compare a uniform voucher regime against the status quo mix of public and private education, focusing on the distribtuion of welfare gains and losses across households by income. We argue that the topping-up option available under uniform vouchers is not su¢ ciently valuable for the poorer...

This paper provides new estimates of the effect of Catholic school attendance on high school completion and university commencement and completion for Australian students. Without a set of robust instruments to deal with any potential selection bias, we place bounds on the Catholic school effect...

We study the portfolio allocation decisions of Australian households using the relatively new Household Income and Labour Dynamics in Australia (HILDA) survey. We focus on household allocations to risky financial assets. Our empirical analysis considers a range of hypothesised determinants of...