The events following Lehman's failure in 2008 and the current turmoil emanating from Europe highlight the structural vulnerabilities of short-term credit markets and the role of central banks as back-stop liquidity providers to financial markets. The Federal Reserve's response to financial...

It is well-known that size-adjustments based on Edgeworth expansions for the t-statistic perform poorly when instruments are weakly correlated with the endogenous explanatory variable. This paper shows, however, that the lack of Edgeworth expansions and bootstrap validity are not tied to the...

This article presents a thematic retrospective of the past 40 years of family law in terms of the international landscape in developed countries. It examines three questions: First, whatever happened to marriage? While once marriage was central to family formation, it is no longer. Indeed,...

The argument of this Article is that the width of discretion that trial judges have to alter property rights under the Family Law Act 1975 (Cth) (‘the Act') has been overstated. The property aspects of the Act can only be valid to the extent to which the law is an appropriate application of...

Fourteen parents who had undertaken child-inclusive mediation, and a comparison group of 19 parents who had engaged in mediation without their children being involved, were asked about their views on utilising child-inclusive mediation to assist in the resolution of their disputes concerning...

This article examines the emerging financial crisis for governments around the western world arising from the growing fragility of family life and the increase in births to mothers without a partner living in the home. The costs of family instability are not just borne by individuals. They are...

In an article in the last issue of this Journal, we reported on a study of parents' and children's views about whether they would like judges to talk with children in chambers. This article reports on a related study of the views of Australian judges concerning the issue. It explores the reasons...