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The future effects of population ageing on the Australian economy have been widely canvassed in recent years, most notably in government reports concerned with its budgetary position. On the income side, they focus on how ageing affects labour supply and gross domestic product. On the...
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This article contains an analysis of the effects of changes in the existing tax mix on the distribution of income in Australia. Shifts from direct to indirect taxes, similar to 'Option C' in the Government's Draft White Paper on tax reform, are considered. The general equilibrium effects of the...
Persistent link: https://www.econbiz.de/10005218643
Originally presented at the Fourth International Symposium on Forecasting, London, July 1984, this article reviews the role in policy analysis of the ORANI model of the Australian economy. A schematic description of the model is given. Conceptual issues concerning the use of such models for...
Persistent link: https://www.econbiz.de/10005218845
Since the mid-1980s, Australia has been under considerable pressure to restructure its economy. This restructuring has been necessitated by the need to generate surpluses in its external trade account in order to meet the growing interest payments on its foreign debt. To facilitate this process...
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