Do well-functioning stock markets and banks promote long-run economic growth? Recent studies answer this important question in the affirmative. This paper presents a reasonable extreme bounds analysis of the empirical relationships between the financial system and economic growth as well as the...

While the link between the labour force status and welfare of Australian sole parents has been well documented, there is little empirical evidence on the responsiveness of this group to economic incentives. This paper uses an econometric modelling framework to predict the labour supply, welfare...

The topic of economic growth and convergence of countries has been an active topic in the 1990's. This paper investigates the question of whether there is any empirical evidence that countries are converging, with respect to their relative incomes, over time. To test for convergence, the...

This paper proposes a method of estimating marginal tax rates using nonparametric regression techniques, and the income and tax data obtained from the Individual Tax Model Files. Our method yields estimates of average marginal effective tax rates on personal income which are significantly...

The number of lone parent families in Australia has grown dramatically over the last twenty years, as has the level of public income support for this group. This paper develops a cross-section modelling framework which pays close attention to the complexities of the budget constraint and...