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The papers in this volume were commissioned with the aim of exploring the significant structural changes in the financial system over the past decade or so and the implications for policy-makers charged with the responsibility of maintaining financial system stability
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addressed. Data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey are used as it contains recent and … detailed data on household wealth along with extensive labour market and demographic data. A cross-section model of LFP is … estimated using the detailed measures of household debts and assets available in Wave 2 of the survey. In addition, a panel …
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Over the past decade, household debt (as a share of household income) has reached historically high levels. This has … from the 1998/99 Household Expenditure Survey (HES), a logit model is constructed to examine the relationship between the … that the probability of a household being constrained is significantly affected by demographic and economic variables such …
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, potentially stimulating household spending. However, there has been little disaggregated information on how equity is being … questions. The results suggest that, during 2004, the most common method of withdrawing equity was for a household to increase …
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