In most professional team sports, salary caps – first used in the mid-1980s – stabilise the financial position of teams and promote balanced competitions. Teams that do not comply with labour market regulations face heavy penalties and there is a debate about whether such labour...

The measurement of housing affordability in Australia is reconsidered to contribute to better housing policies. The ratio approach, based on the percentage of income that is spent on housing, is the most common method of measuring housing stress, but this is applied uniformly across housing...

Studies of the economic impact of railroad construction on American farming assume a linear indirect relationship between distance from railroads and land values. We extend these studies using data from a semi-arid region of Australia, where conditions mirrored those of the High Plains. Both...

The broadly accepted housing affordability indicator is calculated as the housing cost-to income ratio. But this only takes into consideration two averaged variables: household housing costs and household income, both of which are ambiguous and misleading as an across-the- board average. An...

The broadly accepted housing affordability indicator is calculated as the housing cost-to-income ratio. But this only takes into consideration two averaged variables: household housing costs and household income, both of which are ambiguous and misleading as an across-the-board average. An...