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The determinants of household risky asset holdings: Australian evidence on background risk and other factors

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The Determinants of Foreign Direct Investment: An Extreme Bounds Analysis

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Education Choice, Endogenous Growth and Income Distribution

This paper studies an economy where parents can choose between public or private schools and can vote on taxes used to fund public schools. The model is calibrated to US data and studied using…
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Regional student participation and migration: analysis of factors influencing regional student participation and internal migration in Australian higher education

Heterogeneous Preferences, Education Expenditures and Income Distribution

This paper introduces heterogeneous preferences to a growth model that incorporates human capital, accumulated through either public or private education. The implications of heterogeneous…
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Education Choice, Neoclassical Growth and Class Structure

The evolution of income distribution is studied in a dynamic model of education choice. In this model, both public and private education are available. Public education is financed using a tax rate…
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Catholic School Effectiveness in Australia: A Reassessment Using Selection on Observed and Unobserved Variables

This paper provides new estimates of the effect of Catholic school attendance on high school completion and university commencement and completion for Australian students. Without a set of robust…
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Why are High-Ability Individuals from Poor Backgrounds Under-Represented at University?

We analyse data in which individuals from low socio-economic status (SES) backgrounds have lower university participation rates than those from higher SES backgrounds. Our focus is on the role played…
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The Determinants of Household Risky Asset Holdings: Background Risk and Other Factors

We study the portfolio allocation decisions of Australian households using the relatively new Household Income and Labour Dynamics in Australia (HILDA) survey. We focus on household allocations to…

Why Do Education Vouchers Fail at the Ballot Box?

We compare a uniform voucher regime against the status quo mix of public and private education, focusing on the distribution of welfare gains and losses across households by income. We argue that the…
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