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Welfare reform in Australia centres on the concept of both economic and social participation. The policy concern is that people who fail to participate in economic and social life may become entrenched in disadvantage. In 2000 - 2001, a randomized trial was conducted by the Department of Family...
Persistent link: https://www.econbiz.de/10005762055
We use unique data in which both partners report about household finances to demonstrate that there is often disagreement about whether the household has experienced financial difficulty in the past year. Four alternative explanations for this disagreement are tested using the data. The results...
Persistent link: https://www.econbiz.de/10005703229
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/10005763781
We study work hours of Australian couples using a structural labour-supply model. We introduce model improvements which allow error in wage estimation and unobserved influences on partners' non-market time to be correlated with one another and with own wage. This more realistic model produces...
Persistent link: https://www.econbiz.de/10005679890
We use unique data in which both partners report about household finances to demonstrate that there is often disagreement about whether the household has experienced financial difficulty in the past year. Four alternative explanations for this disagreement are tested using the data. The results...
Persistent link: https://www.econbiz.de/10005734292
Persistent link: https://www.econbiz.de/10005365311
Persistent link: https://www.econbiz.de/10005218689
Persistent link: https://www.econbiz.de/10005032829
A new method of estimating the economic value of life is proposed. Using cross-country data, an equation is estimated to explain life expectancy as a function of real consumption of goods and services. The associated cost function for life expectancy in terms of the prices of specific goods and...
Persistent link: https://www.econbiz.de/10005666057
Persistent link: https://www.econbiz.de/10005218886