Income and Wealth

Economic analysis of income and wealth accumulation and divestment traditionally draws on the life cycle hypothesis, which suggests that earlier life stages are spent accumulating wealth, which is later drawn down to meet spending needs in old age. This research theme explores a range of issues related to income and wealth in WA and Australia, including the distribution and composition of income and wealth, economic inequality over the life course, income poverty measurement and the impacts of family income and wealth on wellbeing.

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The impact of intergenerational financial transfers on health and wellbeing outcomes: A longitudinal study Rachel Ong ViforJ, Toan Nguyen, Garth Kendall This paper estimates the impacts of intergenerational financial transfers on the physical health, mental health and perceived financial security of Australian males and females. We distinguish between two key sources of intergenerational financial transfers – inheritances and inter vivos parental... Read article 25 August 2018Journal Articles Read More
Are time and money equally substitutable for all commodity groups in the household’s domestic production? Carla Canelas, François Gardes, Philip Merrigan, Silvia Salazar This article uses time-use and household expenditure data to measure the substitutability between time and money within the Beckerian household production framework. The elasticity of substitution is estimated for five commodity groups and across two developing countries: Ecuador and Guatemala.... Read article 21 July 2018Journal Articles Read More
Alcohol consumption, censorship and misjudgement Kenneth Clements, Haiyan Liu, Yashar Tarverdi In the study of the economic determinants of alcohol consumption, there is an under-appreciated issue of sample selectivity as consumption is often not fully observed. Sample selectivity involves ignoring consumption below a censorship cut-off level. This article estimates a demand... Read article 29 June 2018Journal Articles Read More
Inequality in later life: The superannuation effect Helen Hodgson, Alan Fenna, Ha Nguyen This BCEC Feature report examines the extent of economic inequality among Australians over 55 years of age, and seeks to identify the effect, if any, that the current superannuation system has on economic inequality in later life. The report examines inequality by reference... Read article 19 March 2018Feature Read More
Gender Equity Insights 2018: Inside Australia’s Gender Pay Gap Rebecca Cassells, Alan Duncan This third report in the BCEC|WGEA Gender Equity Insights series extends and strengthens the evidence base around gender pay gaps and how these have changed over time across Australian workplaces. The report uses unique data reported to the WGEA, capturing 4... Read article 2 March 2018Gender Equity Insights Read More
The Price is Right? Alan Duncan, Kenneth Leong, Rachel Ong ViforJ, Silvia Salazar, Chris Twomey The Western Australian economy has experienced something of a roller-coaster ride over the last decade. Unprecedented economic growth over the course of the resources boom has been followed by a post-boom period during which activity has cooled. Despite a reduction in demand in... Read article 1 December 2017Focus on WA Read More