Intergovernmental grants have been conventionally explained on the basis of either equity/efficiency and/or institutional considerations. This paper seeks to model Australian intergovernmental grants by including both traditional public finance variables and public choice influences; that is,...

This paper provides an analysis of the impact of natural, industrial and terrorist disasters on the Australian capital market using the Box and Tiao intervention analysis and the data on daily returns in the following ten market sectors: consumer discretionary, consumer staples, energy,...

A bivariate probit model is used to predict the choice of an economics major in a sample of first-year, undergraduate business students. The paper examines the statistical significance of a number of student-related characteristics on the likelihood of choosing an economics major, along with the...

The behavioural finance literature posits a link between the weather and equity markets via investor moods. This paper examines the impact of weather on the Australian stock market over the period 1958-2005. A regression-based approach is employed where daily market returns on the Australian...

Purpose – The purpose of this paper is to review the attitudes, perceptions and knowledge of Islamic financial products and services. Design/methodology/approach – A synoptic survey of empirical analyses about Islamic financial products and services and comparison with the literature on...

A multinomial ordered probit model is used to predict post-release performance in a sample of Queensland prisoners released between January 1992 and December 1994. Post-release performance is defined in terms of the seriousness of parole breaches and/or reoffences over the length of the parole...

This paper examines the impact of natural disasters on the Australian equity market. The data set employed consists of daily price and accumulation returns over the period 31 December 1982 to 1 January 2002 for the All Ordinaries Index (AOI) and a record of forty-two severe storms, floods,...

In this study, productivity growth in thirty-five Australian universities is investigated using nonparametric frontier techniques over the period 1998 to 2003. The inputs included in the analysis are full-time equivalent academic and non-academic staff, non-labour expenditure and undergraduate...

An ordered probit model is used to predict motor vehicle usage in Australia on the basis of the unit record files underlying the Australian Bureau of Statistics’ Survey of Motor Vehicle Use. Both household and freight transport are analysed. The paper examines the statistical significance of a...