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What is the impact of raising the minimum wage on family incomes? Using data from the 1994-1995 to 2002-2003 Survey of Income and Housing, the characteristics of low-wage workers are analysed. Those who earn near-minimum wages are disproportionately female, unmarried and young, without...
Persistent link: https://www.econbiz.de/10005315773
Using taxation statistics, we estimate the income share held by top income groups in Australia over the period 1921-2003. We find that the income share of the richest fell from the 1920s until the mid-1940s, rose briefly in the postwar decade, and then declined until the early 1980s. During the...
Persistent link: https://www.econbiz.de/10005315817
Using data from 191 Australian state elections, we test how voters respond to economic conditions. We find that unemployment has a strong impact on election outcomes, with each additional percentage point of unemployment reducing the incumbent's re-election probability by 3-5 per cent. However,...
Persistent link: https://www.econbiz.de/10005024089
This paper investigates the relationship between housing prices and the quality of public schools in the Australian Capital Territory. To disentangle the effects of schools and other neighbourhood characteristics on the value of residential properties, we compare sale prices of homes on either...
Persistent link: https://www.econbiz.de/10005267177
Persistent link: https://www.econbiz.de/10010542436
Under the Higher Education Contribution Scheme graduates face a sharp discontinuity in their taxable incomes. At the first repayment threshold, they are required to pay a percentage of their entire income to reduce their debts. This results in an extremely high effective marginal tax rate. Using...
Persistent link: https://www.econbiz.de/10008536994
We estimate the relationship between hourly wages and two aspects of body size: height and body mass index (BMI). We observe a height premium, with an additional 10 cm of height being associated with a 3 per cent increase in hourly wages for men. However, workers with higher BMI scores do not...
Persistent link: https://www.econbiz.de/10008473196
We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy of each in light of the 2004 Australian election. This...
Persistent link: https://www.econbiz.de/10005186400
Prior to the last three decades, regular surveys on household income were rare or non-existent in many developed countries, making it difficult for economists to develop long-run series on income distribution. Using taxation statistics, which tend to be available over a longer time span, I...
Persistent link: https://www.econbiz.de/10005680070
type="main" xml:id="ecor12091-abs-0001" <p>Using data from representative samples of the Australian population in 1984 and 2009, we make two main contributions to analysis of the economic returns of beauty. First, we broaden analysis of the effects of beauty beyond the labour market to examine its...</p>
Persistent link: https://www.econbiz.de/10011033641