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This paper examines patterns of housing wealth among the aged in Australia over time and compares Australian housing … wealth patterns with those in North America and Western Europe, to determine if the Australian elderly hold particularly high … levels of housing wealth, and if this leads to a relative overconsumption of housing. The paper uses data from the three most …
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We survey the long-term derivative instruments (warrants) offered by Australian institutions to elderly Australian investors. Our focus is on products other than plain-vanilla life annuities. There are currently four active products. They incorporate a strike price which is either constant or...
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Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
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