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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Labour Market Implications of Promoting Women’s Participation in STEM in Australia Michael Dockery, Sherry Bawa It is commonly argued that maintaining and enhancing Australia’s standard of living will require increasing the proportion of the population attaining university level qualifications in science, technology, engineering and mathematics (STEM). Accordingly, governments and universities have been proactive in encouraging... Read article 21 June 2019Journal Articles Read More
Getting our house in order? Alan Duncan, Amity James, Steven Rowley This report by the Bankwest Curtin Economics Centre focuses on housing affordability, one of the most important economic and social issues facing Western Australia, and indeed the country. This twelfth report in BCEC’s Focus on WA series builds on the Centre’s earlier... Read article 31 May 2019Focus on WA Read More
The decades-long dispute over scale effects in the theory of economic growth Steven Bond-Smith The so-called ‘new growth theory’ is characterized by the now Nobel Prize winning insight that ideas are a non-rival input to and output from endogenous investment in innovation. Non-rivalry implies increasing returns to scale, but this also unintentionally creates an... Read article 1 March 2019Working Papers Read More
Gender Equity Insights 2019: Breaking through the Glass Ceiling Alan Duncan, Rebecca Cassells Glass ceilings have featured heavily in Australia’s workplaces for centuries but in recent years significant changes have been made. Women now make up almost 50% of Australia’s workforce and hold around 40% of all full-time jobs. Although women still remain under-represented... Read article 1 March 2019Gender Equity Insights 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 1 November 2018Journal Articles Read More
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 1 October 2018Journal Articles Read More