The literature on intergenerational income mobility uses a diverse set of measures and there is limited knowledge about whether these measures provide similar information and yield similar conclusions. We provide a framework to highlight the key concepts and properties of the different...

Leading models of on-the-job search suggest that competition among firms for employed workers - reflected in higher job-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for increases in wages, hours or promotions when they...

This paper explores the effects of labour market conditions at graduation on an individual's work‑life over the following decade. Australians graduating into a state and year with a 5 percentage point higher youth unemployment rate can expect to earn roughly 8 per cent less in their first year...

This paper uses novel microdata sources spanning 2001-02 to 2015-16 to explore the structural drivers of wage growth in Australia, with a view to better understanding recent weak wage growth - a phenomenon observed across a range of advanced economies. Controlling for a range of cyclical and...

This paper uses an event study approach to estimate the impact of children on the gender earnings gap in Australia. We use the Household, Income and Labour Dynamics in Australia (HILDA) survey to show the arrival of children has a large and persistent impact on the gender earnings gap, reducing...

We estimate the employment effects of the first 6 months of the JobKeeper program over the following year, which includes the height of the COVID-19 recession in Australia and subsequent rapid recovery. The design of the program allows us to use a fuzzy regression discontinuity design -...

Australian taxpayers display reference-dependent preferences when filing their tax returns - theybunch at positive and salient thresholds. We develop a model of taxpayer behavior to show thatbunching heterogeneity reflects both differences in preferences and the rate at which the marginalcost of...

The literature on intergenerational income mobility uses a diverse set of measures and there is limited knowledge about whether these measures provide similar information and yield similar conclusions. We provide a framework to highlight the key concepts and properties of the different...