Income inequality and mobility in Australia, Great Britain and the US. A major debate is raging on the growth of income inequality, especially in Anglo-Saxon countries. This project will use a cross-national framework to investigate income inequality and mobility in Australia, Britain and the United States of America. It will re-evaluate the tax-based evidence and reconcile it with household survey evidence. Using household panel data, it will comprehensively examine income mobility patterns, us ....Income inequality and mobility in Australia, Great Britain and the US. A major debate is raging on the growth of income inequality, especially in Anglo-Saxon countries. This project will use a cross-national framework to investigate income inequality and mobility in Australia, Britain and the United States of America. It will re-evaluate the tax-based evidence and reconcile it with household survey evidence. Using household panel data, it will comprehensively examine income mobility patterns, using a variety of mobility measures. It aims to show the sensitivity of income inequality and mobility patterns and trends to broader income measures. The project also aims to provide policymakers with a more accurate and complete understanding of Australian income inequality and mobility trends and their drivers within an international context.Read moreRead less
Economic impacts of disease on older workers: Costs to government and individuals and opportunities for intervention. With an ageing workforce, Australia is at risk of having an inadequate workforce to ensure economic growth and to maintain sufficient taxation revenue to support future needs.
This project will provide fill substantial gaps in the Australian evidence the health conditions that keep older workers out of the labour market and that diminish their own immediate and long-term livi ....Economic impacts of disease on older workers: Costs to government and individuals and opportunities for intervention. With an ageing workforce, Australia is at risk of having an inadequate workforce to ensure economic growth and to maintain sufficient taxation revenue to support future needs.
This project will provide fill substantial gaps in the Australian evidence the health conditions that keep older workers out of the labour market and that diminish their own immediate and long-term livings standards and reduce funds available to government. We will address one of the most significant issues resulting fundamental changes to the demography of the Australian labour market and one is regularly raised by the Prime Minister and Treasurer in their speeches following the Intergenerational Report.Read moreRead less
Private Wealth Accumulation, Wealth Distribution, and Social Welfare Reform in Urban China. During the 1990s, when the Chinese urban labour market and social security reforms accelerated, average urban household wealth increased more than three fold and the distribution of wealth widened. We will document this significant change and examine its relationship to past and future social welfare reform. This project will:
· Be the first study of wealth accumulation and distribution in China over th ....Private Wealth Accumulation, Wealth Distribution, and Social Welfare Reform in Urban China. During the 1990s, when the Chinese urban labour market and social security reforms accelerated, average urban household wealth increased more than three fold and the distribution of wealth widened. We will document this significant change and examine its relationship to past and future social welfare reform. This project will:
· Be the first study of wealth accumulation and distribution in China over the 1990s.
· Add to our knowledge of the interrelationship between wealth accumulation, distribution and political power during economic transition.
· Contribute to a better design of a new social welfare system.
· Develop lessons and policy implications that will be broadly applicable to most transitional and developing economies.
The project will produce at least seven journal articles and one book.
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Lifetime Approach to Measuring Inequality in Living Standards in Australia . This project aims to develop a new methodology to study trends in inequality in Australia. It expects to advance the body of knowledge by measuring inequality in living standards over the whole lifetime and by identifying the role of the Australian fiscal system in redistributing lifetime resources across households and generations. This new approach would help clarify the potential bias embedded in commonly used inequa ....Lifetime Approach to Measuring Inequality in Living Standards in Australia . This project aims to develop a new methodology to study trends in inequality in Australia. It expects to advance the body of knowledge by measuring inequality in living standards over the whole lifetime and by identifying the role of the Australian fiscal system in redistributing lifetime resources across households and generations. This new approach would help clarify the potential bias embedded in commonly used inequality indicators based on current-year income. Its findings expect to provide new insights into how the gains from economic growth have been shared among Australians. It should also offer policy options for designing a better tax and transfer system that would sustain economic prosperity and fairness in Australia.Read moreRead less
Changes in payments, family dynamics and wellbeing following major child support reform: a longitudinal investigation of behavourial and attitudinal responses. This study will benefit the nation in three main ways: (a) it will measure the immediate impact of child support reforms on parent-child contact and the payment of child support; (b) it will provide an estimate of the consequences of these reforms for family dynamics (especially conflict, acrimony and the quality of parent-child relations ....Changes in payments, family dynamics and wellbeing following major child support reform: a longitudinal investigation of behavourial and attitudinal responses. This study will benefit the nation in three main ways: (a) it will measure the immediate impact of child support reforms on parent-child contact and the payment of child support; (b) it will provide an estimate of the consequences of these reforms for family dynamics (especially conflict, acrimony and the quality of parent-child relationships) and parents' and children's health and wellbeing; and (c) it will provide new evidence on the interrelationships between post-separation economic, social and psychological wellbeing irrespective of the reforms. Through this partnership between the University and relevant government departments, we are maximising the opportunity for shaping future policies and service delivery.Read moreRead less
Robust Empirical Analysis of Consumption Poverty in Australia. Australia currently sends $47billion on income support programs, assisting 5.1 million people facing economic hardship. The aims of the project are to improve our understanding of economic poverty in Australia and contribute new methods to the field of poverty analysis. The analysis will include an assessment of the effectiveness of public programs targeted to the poor, and an evaluation of recent reforms to income support programs. ....Robust Empirical Analysis of Consumption Poverty in Australia. Australia currently sends $47billion on income support programs, assisting 5.1 million people facing economic hardship. The aims of the project are to improve our understanding of economic poverty in Australia and contribute new methods to the field of poverty analysis. The analysis will include an assessment of the effectiveness of public programs targeted to the poor, and an evaluation of recent reforms to income support programs. The project will also reveal the critical methodological assumptions underlying our current perceptions of poverty. This research will ultimately contribute to more effective poverty alleviation and income support programs in Australia.Read moreRead less
Monetary policy, redistribution and endogenous asset market incompleteness. This project aims to provide a new framework for modelling agent heterogeneity and for evaluating the effects of monetary policy on aggregate welfare and wealth distribution over the business cycle. This project will focus on monetary policy, using new quantitative theories with new efficient computational methods, to understand and quantify links between monetary policy the dynamics of aggregate outcomes (such as inflat ....Monetary policy, redistribution and endogenous asset market incompleteness. This project aims to provide a new framework for modelling agent heterogeneity and for evaluating the effects of monetary policy on aggregate welfare and wealth distribution over the business cycle. This project will focus on monetary policy, using new quantitative theories with new efficient computational methods, to understand and quantify links between monetary policy the dynamics of aggregate outcomes (such as inflation or employment), and the distribution of individual wealth (such as money, capital and housing).Read moreRead less
The Wealth and Asset Holdings of Native- and Foreign-born Australian Families. The national/community benefits of this project are twofold. First, understanding net worth, portfolio allocation, and wealth accumulation is central to a number of Australian policy debates. Our ability to lessen the budget pressures caused by population aging will rest on finding incentives for families to accumulate more personal wealth, while the ability of immigration to solve this budget problem rests on determi ....The Wealth and Asset Holdings of Native- and Foreign-born Australian Families. The national/community benefits of this project are twofold. First, understanding net worth, portfolio allocation, and wealth accumulation is central to a number of Australian policy debates. Our ability to lessen the budget pressures caused by population aging will rest on finding incentives for families to accumulate more personal wealth, while the ability of immigration to solve this budget problem rests on determining whether foreign- and native-born families accumulate wealth in the same way. Second, this project allows Australia to make a unique contribution to the international evidence on the relationship between race, ethnicity, and nativity and economic well being. Read moreRead less
Indicative impacts of population ageing on Australia's States, Territories and Local Communities. Population ageing and its associated shift to zero population growth and/or natural decline is occurring at substantially different rates across and within Australia's States and Territories. The trends, which are perhaps most marked in Tasmania - Australia's fastest ageing State - have significant implications for the economic growth and socio-economic composition of each region. This multi-level ....Indicative impacts of population ageing on Australia's States, Territories and Local Communities. Population ageing and its associated shift to zero population growth and/or natural decline is occurring at substantially different rates across and within Australia's States and Territories. The trends, which are perhaps most marked in Tasmania - Australia's fastest ageing State - have significant implications for the economic growth and socio-economic composition of each region. This multi-level study will project the impact of population ageing on economic welfare at State and Territory level; and on the socio-demographic profile of Local Government regions in Tasmania. The two analyses will then be bought together in developing policy responses.Read moreRead less
The economic value of smart integration of electric vehicles into the Australian electricity industry. The project will facilitate the potentially rapid and widespread deployment of Electric Vehicles (EV) in Australia with considerable social, economic and environmental benefits. The economics of our current road transportation sector are adversely impacted by rising and volatile oil prices. The near total reliance of the sector on an inherently limited and increasingly imported resource also ha ....The economic value of smart integration of electric vehicles into the Australian electricity industry. The project will facilitate the potentially rapid and widespread deployment of Electric Vehicles (EV) in Australia with considerable social, economic and environmental benefits. The economics of our current road transportation sector are adversely impacted by rising and volatile oil prices. The near total reliance of the sector on an inherently limited and increasingly imported resource also has energy security implications. Road transport is also responsible for a significant proportion of Australian greenhouse emissions. EVs represent an extraordinary opportunity to address these challenges. However, widespread uptake will hinge on our ability to effectively integrate EV charging into the Australian electricity industry.Read moreRead less