Treasury currently has a project underway to significantly enhance its capability to produce detailed modelling of retirement incomes in Australia. The Model of Australian Retirement Incomes and Assets (MARIA) is a long-term dynamic microsimulation model of Australia's retirement income system....

Distributional analysis captures the wide range of policy outcomes and the diverse effects of policy changes across the population. Static microsimulation models are a commonly used tool for producing distributional analysis. Treasury has developed the CAPITA (Comparative Analysis of Personal...

Purpose: Corporate success depends partially on the quality of knowledge accessible to the executive board. One route of access to such knowledge is the appointment of directors who already hold directorships with prominent other corporate actors. Such director...

Purpose: The relationship between interlocking directorates and firm performance has been increasingly debated, with a focus on whether firm's centrality in interlock networks is associated with performance. The purpose of this study is to examine not only how a firm's position in this network...

Have passive rentiers replaced the working rich at the top of the U.S. income distribution? Using income tax data linking 11 million firms to their owners, this paper finds that private business owners who actively manage their firms are key for top income inequality. Private business income...