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The Australian Household Stimulus Package: Lessons from the recent economic crisis

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  • Bruno Martorano

Abstract

This paper focuses on a portion of the Australian fiscal stimulus and in particular on the 2009 Household Stimulus Package composed of three main cash payments: the Back to School Bonus, the Single Income Family Bonus and the Tax Bonus for Working Australians. The aim of this paper is to investigate the effectiveness of these bonus payments in reducing poverty and stimulating consumption. In addition, our analysis gives special attention to these outcomes among children and poor people, due to their increased vulnerability during times of crisis.

Suggested Citation

  • Bruno Martorano, 2013. "The Australian Household Stimulus Package: Lessons from the recent economic crisis," Papers inwopa697, Innocenti Working Papers.
    • Handle: RePEc:ucf:inwopa:inwopa697
    as

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    References listed on IDEAS

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    More about this item

    Keywords

    consumption; economic analysis; economic crisis; evaluation; evaluation analysis; poverty; poverty mitigation;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • D10 - Microeconomics - - Household Behavior - - - General
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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