Showing 1 - 10 of 10
Persistent link: https://www.econbiz.de/10011888640
Using data for the 2005-2017 period, we consider the effects of resource rents on the sub-components of Freedom House's measures of Political Rights and Civil Liberties. Higher resource rents lead to a deterioration in Political Pluralism and Participation, but do not affect other...
Persistent link: https://www.econbiz.de/10012840711
This paper explores risk aversion among Australian households using panel data from the Household Income and Labour Dynamics in Australia (HILDA) survey. Using households' share of risky assets, we test whether relative risk aversion is constant in wealth. After accounting for measurement error,...
Persistent link: https://www.econbiz.de/10012889992
Recent research has highlighted a negative impact of inequality on economic growth. We re-evaluate this hypothesis focusing on both inequality and poverty and their interaction. We replicate previous results showing that inequality has a negative impact on growth. However, we show that when we...
Persistent link: https://www.econbiz.de/10012986609
In this paper we examine the empirical relationship between economic openness and nationalism. We replicate and extend the cross-country analysis of Lan and Li (2015) using additional measures of nationalism and additional years of data from the World Values Survey. We fail to find the negative...
Persistent link: https://www.econbiz.de/10012949120
The purpose of this paper is to improve our understanding of the relationship between child care price and women's labour supply. We specify and estimate a discrete, structural model of the joint household decision over women’s labour supply and child care demand. Parents care about the...
Persistent link: https://www.econbiz.de/10010598431
This document estimates a demand equation for petrol in Australia. It explores a methodological improvement to the standard dynamic demand model – a more general model which allows for slowly evolving, unobservable habits. If this habit formation model with unobserved stocks is correct, then...
Persistent link: https://www.econbiz.de/10010703416
The main focus of this paper is on the accuracy of predicted wages for the nonemployed. We first examine whether the three groups of non-employed–the unemployed, the marginally attached, and the not in the labour force–should be modelled separately or together. We conclude that these are...
Persistent link: https://www.econbiz.de/10008636382
We examine whether subjective responses to survey questions about child care availability, quality, and cost, aggregated at the local geographical level, have any explanatory power in models of workforce participation and labour supply. We find that married women who live in areas with more...
Persistent link: https://www.econbiz.de/10010701073
The degree of responsiveness of Australian women’s labour supply to child care cost has been a matter of some debate. There is a view that the level of responsiveness is very low or negligible, running counter to international and anecdotal evidence. In this paper we review the Australian and...
Persistent link: https://www.econbiz.de/10010701077