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Empirical Evidence on the Incidence and Persistence of Energy Poverty in Australia 澳大利亚能源贫困发生率和持续性的经验证据
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-11-24 DOI: 10.1111/1467-8462.12493
Esperanza Vera-Toscano, Heather Brown
{"title":"Empirical Evidence on the Incidence and Persistence of Energy Poverty in Australia","authors":"Esperanza Vera-Toscano,&nbsp;Heather Brown","doi":"10.1111/1467-8462.12493","DOIUrl":"10.1111/1467-8462.12493","url":null,"abstract":"<p>Energy poverty is a temporary condition, yet a non-negligible share of the Australian population suffers persistent energy disadvantage. Using the Household, Income and Labour Dynamics in Australia (HILDA) survey, we observe that single individuals, single-parent households and those with a disabled household member are at high risk of persistent energy poverty. This is also true for non-working individuals and immigrants from non-English-speaking countries. Nevertheless, highly educated individuals, those living in metropolitan areas and homeowners are less likely to persistently experience energy poverty. Government investment in energy efficiency is crucial to reduce electricity bills and have healthier homes.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"515-529"},"PeriodicalIF":1.0,"publicationDate":"2022-11-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12493","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42625212","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The ATO Longitudinal Information Files (ALife): Individuals—A New Dataset for Public Policy Research ATO纵向信息档案(ALife):个人——公共政策研究的新数据集
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-11-15 DOI: 10.1111/1467-8462.12486
Thomas Abhayaratna, Andrew Carter, Shane Johnson
{"title":"The ATO Longitudinal Information Files (ALife): Individuals—A New Dataset for Public Policy Research","authors":"Thomas Abhayaratna,&nbsp;Andrew Carter,&nbsp;Shane Johnson","doi":"10.1111/1467-8462.12486","DOIUrl":"https://doi.org/10.1111/1467-8462.12486","url":null,"abstract":"<p>The Australian Taxation Office Longitudinal Information Files: Individuals (<i>ALife</i>: <i>Individuals</i>), is one of the most comprehensive tax administrative datasets in the world. The <i>ALife</i>: <i>Individuals</i> dataset, which currently covers the period 1990‒1991 to 2017‒2018, is based on a 10 per cent longitudinal sample of administrative unit-record personal income tax data. This new, high quality, longitudinal, de-identified, research-ready dataset is available to approved researchers through secure environments that safeguard taxpayers' information. The availability of <i>ALife: Individuals</i> opens exciting new possibilities for public policy research and evaluation that will improve understanding of taxpayer behaviour and support policy development and its administration.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"541-557"},"PeriodicalIF":1.0,"publicationDate":"2022-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12486","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"137527863","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Heart Disease and The Economic Contributions of Elderly Men and Women: Evidence from Australia 老年男性和女性的心脏病和经济贡献:来自澳大利亚的证据
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-10-11 DOI: 10.1111/1467-8462.12489
Marie Ishida, Teralynn Ludwick, Ajay Mahal
{"title":"Heart Disease and The Economic Contributions of Elderly Men and Women: Evidence from Australia","authors":"Marie Ishida,&nbsp;Teralynn Ludwick,&nbsp;Ajay Mahal","doi":"10.1111/1467-8462.12489","DOIUrl":"10.1111/1467-8462.12489","url":null,"abstract":"<p><i>Macroeconomic forecasts and program evaluations of health service interventions are pessimistic about ageing populations, given their low work participation and high demand for social services. We estimate the impact of heart disease on paid work and the value of unpaid non-market activities of the Australian elderly, using Household, Income and Labour Dynamics in Australia (HILDA) data, finding significant losses in the value of their contributions to adult care and voluntary work. Impacts on non-market contributions of older women were more significant than for older men. A broader perspective on the value of the contributions made by the elderly is needed to enhance efficiency and (gender) equality</i>.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"461-476"},"PeriodicalIF":1.0,"publicationDate":"2022-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46012526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A More Dynamic Economy 更具活力的经济
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-10-11 DOI: 10.1111/1467-8462.12488
Andrew Leigh
{"title":"A More Dynamic Economy","authors":"Andrew Leigh","doi":"10.1111/1467-8462.12488","DOIUrl":"10.1111/1467-8462.12488","url":null,"abstract":"<p>Economic dynamism is fundamental to productivity and living standards. Several important metrics suggest that the Australian economy has become less dynamic over recent decades. The share of workers starting a new job has fallen. Among employing businesses, the start-up rate has declined. On average, markets have become more concentrated. Mark-ups have increased. Reinvigorating competition policy may be an important means of boosting dynamism and raising the rate of productivity growth.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"431-440"},"PeriodicalIF":1.0,"publicationDate":"2022-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49159302","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Nowcasting the Australian Labour Market at Disaggregated Levels 临近预测澳大利亚劳动力市场的分类水平
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-09-14 DOI: 10.1111/1467-8462.12464
Samuel Shamiri, Leanne Ngai, Peter Lake, Yin Shan, Amee McMillan, Therese Smith, Kishor Sharma
{"title":"Nowcasting the Australian Labour Market at Disaggregated Levels","authors":"Samuel Shamiri,&nbsp;Leanne Ngai,&nbsp;Peter Lake,&nbsp;Yin Shan,&nbsp;Amee McMillan,&nbsp;Therese Smith,&nbsp;Kishor Sharma","doi":"10.1111/1467-8462.12464","DOIUrl":"10.1111/1467-8462.12464","url":null,"abstract":"<p>Detailed labour market and economic data are often released infrequently and with considerable time lags between collection and release, making it difficult for policy-makers to accurately assess current conditions. Nowcasting is an emerging technique in the field of economics that seeks to address this gap by ‘predicting the present’. While nowcasting has primarily been used to derive timely estimates of economy-wide indicators such as GDP and unemployment, this article extends this literature to show how big data and machine-learning techniques can be utilised to produce nowcasting estimates at detailed disaggregated levels. A range of traditional and real-time data sources were used to produce, for the first time, a useful and timely indicator—or nowcast—of employment by region and occupation. The resulting Nowcast of Employment by Region and Occupation (NERO) will complement existing sources of labour market information and improve Australia's capacity to understand labour market trends in a more timely and detailed manner.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"389-404"},"PeriodicalIF":1.0,"publicationDate":"2022-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44777449","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Public Debt: What Measures Should We Use? A Case Study of Public Debt in Mid- and Post-pandemic Australia and Its Economic, Policy and Social Consequences 公共债务:我们应该采取什么措施?流行病中期和后澳大利亚公共债务案例研究及其经济、政策和社会后果
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-09-02 DOI: 10.1111/1467-8462.12482
Sebastian Zwalf, Robin Scott
{"title":"Public Debt: What Measures Should We Use? A Case Study of Public Debt in Mid- and Post-pandemic Australia and Its Economic, Policy and Social Consequences","authors":"Sebastian Zwalf,&nbsp;Robin Scott","doi":"10.1111/1467-8462.12482","DOIUrl":"10.1111/1467-8462.12482","url":null,"abstract":"<p>The COVID-19 pandemic saw governments around the world suddenly accumulate substantially higher levels of public debt. We consider the level of debt entered into by Australia's federal, state and territory governments and compare this against three metrics for debt sustainability. Using these measures, we find that current and future public debt levels sit within what is regarded as sustainable by scholarly and practitioner opinion. However, we note that recent increases in interest rates will challenge this. We conclude by outlining a range of economic, social and policy challenges arising from the new high public debt environment.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 4","pages":"441-460"},"PeriodicalIF":1.0,"publicationDate":"2022-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12482","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48625030","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Yield Curve Control and Zero Interest Rate Policy in a Small Open Economy 小型开放经济中的收益率曲线控制与零利率政策
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-08-30 DOI: 10.1111/1467-8462.12484
Callum Jones, Mariano Kulish
{"title":"Yield Curve Control and Zero Interest Rate Policy in a Small Open Economy","authors":"Callum Jones,&nbsp;Mariano Kulish","doi":"10.1111/1467-8462.12484","DOIUrl":"10.1111/1467-8462.12484","url":null,"abstract":"<p>At the zero lower bound, the expected duration of zero interest rate policy has two dimensions which are key to understanding the stance of monetary policy: (i) the actual duration communicated by the central bank or expected by the private sector, and (ii) the duration prescribed by the underlying monetary policy rule—the rule that is in place in normal times. In a small open economy, the duration prescribed by the underlying monetary policy rule depends in part on foreign economic conditions. including foreign monetary policy. A monetary policy tightening abroad depreciates the exchange rate, increases inflation and shortens the duration prescribed by the monetary policy rule. We argue that a monetary policy strategy like yield curve control that aims to pin down a given duration is risky when economic shocks can change the duration prescribed by the underlying monetary policy rule.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"375-382"},"PeriodicalIF":1.0,"publicationDate":"2022-08-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12484","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48395982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Measuring the Welfare Gain from a New Good: An Introduction 衡量一种新商品的福利收益:导论
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-08-09 DOI: 10.1111/1467-8462.12483
John Creedy
{"title":"Measuring the Welfare Gain from a New Good: An Introduction","authors":"John Creedy","doi":"10.1111/1467-8462.12483","DOIUrl":"10.1111/1467-8462.12483","url":null,"abstract":"<p>This article provides an introduction to the measurement of welfare gains from the introduction of a new good, based on the concept of the ‘virtual price’ and standard expressions for welfare changes arising from price changes.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"417-425"},"PeriodicalIF":1.0,"publicationDate":"2022-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49571524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Australia's Fiscal Space: The Role of Public Investment 澳大利亚的财政空间:公共投资的作用
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-07-22 DOI: 10.1111/1467-8462.12481
Begoña Domínguez, John Quiggin
{"title":"Australia's Fiscal Space: The Role of Public Investment","authors":"Begoña Domínguez,&nbsp;John Quiggin","doi":"10.1111/1467-8462.12481","DOIUrl":"10.1111/1467-8462.12481","url":null,"abstract":"<p>How large is Australia's fiscal space? Blanchard (2019) shows that as long as the real interest rate <math>\u0000 <semantics>\u0000 <mrow>\u0000 <mi>R</mi>\u0000 </mrow>\u0000 <annotation> $R$</annotation>\u0000 </semantics></math> is below the real growth rate <math>\u0000 \u0000 <semantics>\u0000 <mrow>\u0000 <mi>G</mi>\u0000 </mrow>\u0000 <annotation> $G$</annotation>\u0000 </semantics></math>, a government can sustain a positive primary deficit with a constant (or even declining) ratio of public debt to GDP. In this article, we explain the neutral real interest rate and the reasons for its decline. Then, we discuss the results of a companion paper, Domínguez and Quiggin (2022), in which we quantify the fiscal space for Australia and find that a permanent increase in the primary deficit can be afforded up to reaching a debt to GDP ratio of 79 per cent. Furthermore, this so-called ‘free lunch’ in the fiscal space can be expanded if debt is used to finance public investment.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"383-388"},"PeriodicalIF":1.0,"publicationDate":"2022-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12481","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46940435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The 2020 Aged Care Workforce Census and Issues Arising for Residential Care Workforce Planning and Policy 2020年老年护理人力普查及住宿护理人力规划和政策的问题
IF 1 4区 经济学
Australian Economic Review Pub Date : 2022-07-14 DOI: 10.1111/1467-8462.12480
Anna Howe
{"title":"The 2020 Aged Care Workforce Census and Issues Arising for Residential Care Workforce Planning and Policy","authors":"Anna Howe","doi":"10.1111/1467-8462.12480","DOIUrl":"10.1111/1467-8462.12480","url":null,"abstract":"<p><i>The Australian Government has committed to addressing the recommendations on workforce made by the 2021 Royal Commission into Aged Care Quality and Safety. Implementation requires a sound information base but examination of the 2020 Aged Care Workforce Census finds it inadequate for these purposes. Only half the reported 32 per cent workforce increase is substantiated on the basis of funding increases and the balance attributed to extraneous factors that inflated results. These limitations are discussed with reference to four major areas of workforce planning and policy and conclusions are drawn about margins for change associated with each of these areas</i>.</p>","PeriodicalId":46348,"journal":{"name":"Australian Economic Review","volume":"55 3","pages":"331-345"},"PeriodicalIF":1.0,"publicationDate":"2022-07-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8462.12480","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47976620","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
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