Showing 1 - 10 of 17
Commodities have been central to structural change in the Australian economy with the 2000s expansion of mining seen as raising the spectre of the Dutch disease. If the assumption in the standard Heckscher-Olin trade model that labour and capital are not mobile between countries is relaxed, it...
Persistent link: https://www.econbiz.de/10010904575
We present a general model of the interaction between settlement and the emergence of de facto property rights on frontiers prior to governments establishing and enforcing de jure property rights. Settlers have an incentive to establish de facto property rights to avoid the dissipation...
Persistent link: https://www.econbiz.de/10004966281
A common critique of most measures of income inequality, which are based on a single year's income, is that they fail to take account of income mobility. If income fluctuations are large, and individuals can smooth consumption, then high inequality and high mobility may be no worse than low...
Persistent link: https://www.econbiz.de/10008511760
According to the 1911 Census, the proportion female of those receiving university education was around 22%, growing to 29% in 1921. By 1952 it had dropped to under 20%, due to easy access into universities for returning war-veterans. From the early 1950s, the university-educated gender gap began...
Persistent link: https://www.econbiz.de/10008490574
This paper traces the process whereby the apprenticeship system came to be regulated by industrial tribunals during the period 1900 to 1930. It describes how the regulation emerged, the motives that underpinned it, and the wider political debate about the apprenticeship system at the time. It...
Persistent link: https://www.econbiz.de/10004971380
Using taxation statistics, we estimate the income share held by top income groups in Australia over the period 1921-2002. We find that the income share of the richest fell from the 1920s until the mid-1940s, rose briefly in the post-war decade, and then declined until the early-1980s. During the...
Persistent link: https://www.econbiz.de/10004971388
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/10004977278
We study the work hours of Australian couples, using a neoclassical labour-supply model in which couples choose from a small, realistic set of possible wife-husband working hour combinations. We introduce three improvements to this standard model. First, we allow partners' preferences about...
Persistent link: https://www.econbiz.de/10004977292
In “Happiness and the Human Development Index: The Paradox of Australia,” Blanchflower and Oswald (2005) observe an apparent puzzle: they claim that Australia ranks highly in the Human Development Index (HDI), but relatively poorly in happiness. However, when we compare their happiness data...
Persistent link: https://www.econbiz.de/10005032820
We compare three quasi-experimental approaches to estimating the returns to schooling in Australia: instrumenting schooling using month of birth, instrumenting schooling using changes in compulsory schooling laws, and comparing outcomes for twins. With annual pre-tax income as our measure of...
Persistent link: https://www.econbiz.de/10005032827