This article develops a microsimulation model of the Australian housing market that has tenure choice as its principal focus. The article sheds light on the role played by relative prices, wealth and borrowing constraints in shaping housing tenure choices. We explore the model's capabilities as...

This paper uses Australian data from the Negotiating the Life Course Project 1997 to investigate the impact of marriage on men's and women's earnings. We extend earlier earnings research and investigate whether the effect of marriage is constant for men and women at different points on the...

Home owners' estimates of the current market value of their housing have been used extensively in applied economic research (e.g. the measurement of imputed net rental income and the distribution of wealth). While the accuracy of owner-estimates is an issue of some importance for applied...

Cash income is widely recognized as a deficient measure of economic well-being, as it takes no account of the contribution of in-kind benefits and net worth to consumption potential. Housing equity is a particularly important component of net worth. Comprehensive income measures incorporate...

Cash income is widely recognised as a deficient measure of income, as it takes no account of the contribution of net worth to consumption potential. Housing equity is a particularly important component of net worth. Comprehensive income measures incorporate housing equity by adding its...

The sharp increase in unemployment in the 1990s has focused attention once again on the causes, extent and effects of high and long-term unemployment. This article presents a methodology for estimating the cost, in income terms, that individuals and their families bear as a result of becoming...