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This book explores in-depth the major issues and important aspects of this economic recovery and its potential impact on growth, development, trade and investment. Expert contributors also discuss the global directions in international economic and financial relations, corporate and public...
Persistent link: https://www.econbiz.de/10011118719
type="main" xml:id="ecor12081-abs-0001" <p>We employ stochastic dominance (SD) analysis on Australian unit records to investigate trends in inequality and relative welfare levels in Australia from 1983 to 2010. Using both income and expenditure distributions, we found that the economy was on a...</p>
Persistent link: https://www.econbiz.de/10011033746
This paper uses a unique matched survey dataset to directly test remittance models using information from both remittance-sending and remittance-receiving households. Our results show that the decision to remit is strongly affected by both home and host country factors with altruism motive as an...
Persistent link: https://www.econbiz.de/10010580339
This study estimates a cost function for higher education in Australian universities using pooled series of cross-sectional data. The study enabled the quantification of the cost differences between levels of studies and subject areas. The cost function is useful in an number of ways. It can be...
Persistent link: https://www.econbiz.de/10005612116
Bayesian estimation of a collection of seemingly unrelated regressions, referred to as a ‘set of seemingly unrelated regressions’ is considered. The collection of seemingly unrelated regressions is linked by common coefficients and/or a common error covariance matrix. Gibbs samplers useful...
Persistent link: https://www.econbiz.de/10005750845
The Latrobe Valley generates 85% of Victoria's electricity. The progressive privatisation of the electricity industry between 1989 and 1997, had a lasting effect on income distribution in the region. This paper investigates the change in income level, inequality and poverty for this region...
Persistent link: https://www.econbiz.de/10009650289
In this paper, we employ stochastic dominance analysis on Australian unit records to investigate trends in inequality and relative welfare levels in Australia over the period 1983 to 2004. We find that that when the stochastic dominance tests are applied to income and expenditure distributions...
Persistent link: https://www.econbiz.de/10010538790
This article investigates the distributional implication of relative price movements in Australia. It proposes and applies a method of evaluating the nature and size of the inequality bias of price movements. In the process, the study introduces a new demographic demand model that yields...
Persistent link: https://www.econbiz.de/10008679352