This article evaluates the evidence for a recently expounded proposition that the deposit gap has increased in Australia and that home ownership has, as a consequence, become less accessible. It concludes that this argument is, at best, not proven, on the basis of the evidence that has been offered.

This article provides information on economist Lucien Albert Hahn's influence on economics, and highlights similarity between Hahn and A.W. Phillips. Hahn's work was, in some important circles, fairly central to what Gottfried Haberler called the last great debate on inflation in the 1950s. The...

Shortly after Don Patinkin’s initial assault on Milton Friedman, Thomas Humphrey (chapter 14 [1971], 12) highlighted the importance of the contributions (“overlooked by both Patinkin and Friedman”) made to the quantity theory between 1930-50 by four non-Chicagoan economists: Carl Synder,...

In his Presidential Address to the World Congress of the Econometrics Society, Jacques Dreze (1972, 16) promised that looking at real life problems would be ‘a lot of fun’. R. McAfee (1983, 735, 739) responded by making a MADCAP (‘Multiple Augmented Data Construction Assistance Package’)...

Few economists in the post-war period have made such a lasting impression on macroeconomic policy as Alban William Housego `Bill' Phillips. The empirical Curve, with which he is most often associated, examined wage inflation and unemployment data for the United Kingdom for 1861-1957, with a view...

This thesis consists of revised versions of five published papers on the development of neoclassical distribution theory, in the English-speaking world together with an introduction and conclusion, which draw together the themes of the papers. The thesis covers the origins of neo-classical...

The Taylor rule has revolutionized the way many policymakers at central banks think about monetary policy. It has framed policy actions as a systematic response to incoming information about economic conditions, as opposed to a period-by-period optimization problem. It has emphasized the...