This study estimates total expenditure elasticities for the poor, middle income and rich Australian households using Spline functions on the Working-Leser Engel equations system.

A fundamental question in personal finance is deciding when to retire. This article is a theoretical investigation within a conventional life-cycle setting. It finds two closed-form solutions to the retirement timing problem. One solution, based on an isoelastic form of the utility function and...

This paper, examines the impact of the Accord between the Australian council of Trade Unions and teh Federal labour Government for the period 1983-1996.