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.
Alcohol consumption, censorship and misjudgement
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
Inequality in later life: The superannuation effect
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
The Price is Right?
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