For more than two decades Australia has not only prospered without a recession but has achieved a higher growth rate than any Western country. This achievement has been credited to Australia's historic shift to Asia; the transformation of the relationship between these two countries is one of the...

Using data from the 2010, 2012, and 2013 American Time Use Survey Well-Being Modules, this paper examines how subjective well-being (SWB) varies between working at home and working in the workplace among wage/salary workers. Both OLS and individual fixed-effects models are employed for...

Currently, the real economy is the important basis for the development of a country, especially after the global financial crisis in 2008. Given that the manufacturing industry is the main part of the national real economy, many developed and developing countries have paid considerable attention...

Using data drawn from 2010, 2012, and 2013 American Time Use Survey Well-Being Modules, this paper examines the existence of son preference among fathers in the U.S. by estimating the effect of child gender on the fathers' subjective well-being. A wide range of subjective well-being measures,...

Microsimulation modelling has become a powerful tool to analyze the effects of fiscal policy changes. The World Bank’s Equity Policy Lab (EPL) has developed a customizable microsimulation tool to assess the distributional effects of tax, benefits, and other fiscal reforms. This Note explains...

Vulnerability to poverty refers to the likelihood that a household or an individual may fall below the poverty line in the event of a shock. Understanding vulnerability helps design policies to protect households and promote resilience. The World Bank's Equity Policy Lab (EPL) and the Global...