This paper analyses the incidence and impact of unemployment among young Australians. It is argued that the scale and seriousness of the current youth problem are often overstated. There is no evidence that the aggregate unemployment experience of young Australians has changed over the last two...

The high rates of youth unemployment experienced in a number of OECD economies has raised concerns about the effect of this on subsequent earnings. Using the Australian Youth Survey (AYS) a longitudinal survey of Australian youth, we estimate the effects of unemployment on subsequent hourly and...

Currently there are significant challenges for the funding of Australian higher education teaching. Since the early 1980s successive Australian governments have shown an unwillingness to maintain academic conditions through public sector funding, and there is little doubt that this trend will...

Much of the debate surrounding the impact of immigration of the economy relates to the consequences of immigration for aggregate unemployment. In this paper we explore a related but more specific issue: the consequences of immigration on the probability of unemployed residents gaining a job....

It is opportune to esplore the conceptual basis of Higher Education Contribution Scheme, examine its revenue and practical implications, and ask if its institutionhas diminished the access of the disadvantaged to Australia's higher education system.

This paper presents analysis of the implicit subsidies and repayment hardships of Thailand’s Student Loan Fund (SLF). Comparisons are made between the current SLF with alternative similar schemes, assuming different rates of interest and loan repayment periods. We find that the implicit...

It is well known that higher education financing involves uncertainty and risk with respect to students’ future economic fortunes, and an unwillingness of banks to provide loans because of the absence of collateral. It follows that without government intervention there will be both socially...

This paper illustrates the extent of implicit taxpayer subsidies under four possible income contingent loan (ICL) arrangements for Thailand: TICAL, implemented in 2007 only, a variant of TICAL, and two alternative ICL schemes. The implicit taxpayer subsidy calculated with respect to average...