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Using Budget Standards to Assess the Well-Being of Families

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Author Info
Peter Saunders
Abstract

This paper describes the methods used by the Budget Standards Unit at the Social Policy Research Centre to develop a set of indicative budget standards for a range of Australian households. Some of the results from the project are then compared with estimates of actual household expenditures derived from the Household Expenditure Survey conducted by the Australian Bureau of Statistics. The sensitivity of budget standards to some of the key assumptions and judgements made in developing them is illustrated in two examples: housing costs and spatial variations in prices. The paper concludes that one important contribution that budget standards research can make to the discussion of the adequacy of household incomes is in providing a transparent framework for selecting items needed to maintain a particular standard of living and translating them through prices into the budgets required to purchase them.

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File URL: http://www.sprc.unsw.edu.au/dp/dp093.pdf
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Publisher Info
Paper provided by University of New South Wales, Social Policy Research Centre in its series Discussion Papers with number 0093.

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Length: 36 pages
Date of creation: Dec 1998
Date of revision:
Handle: RePEc:wop:sprcdp:0093

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Peter Whiteford, 1992. "Are Immigrants Over-represented in the Australian Social Security System?," Discussion Papers 0031, University of New South Wales, Social Policy Research Centre.
  2. Russell Ross, 1988. "The Labour Market Position of Aboriginal People in Non-Metropolitan New South Wales," Discussion Papers 001, University of New South Wales, Social Policy Research Centre.
  3. Peter Saunders & Bruce Bradbury, 1989. "Some Australian Evidence on the Consensual Approach to Poverty Measurement," Discussion Papers 0014, University of New South Wales, Social Policy Research Centre.
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  4. Bruce Bradbury, 1989. "The 'Family Package' and the Cost of Children," Discussion Papers 0010, University of New South Wales, Social Policy Research Centre.
  5. Bruce Bradbury, 1988. "Family Size Equivalence Scales and Survey Evaluation of Income and Well-Being," Discussion Papers 005, University of New South Wales, Social Policy Research Centre.
  6. Peter Saunders & Michael Fine, 1992. "The Mixed Economy of Support for the Aged in Australia: Lessons for Privatisation," Discussion Papers 0036, University of New South Wales, Social Policy Research Centre.
  7. Smeeding, Timothy M, et al, 1993. "Poverty, Inequality, and Family Living Standards Impacts across Seven Nations: The Effect of Noncash Subsidies for Health, Education and Housing," Review of Income and Wealth, Blackwell Publishing, vol. 39(3), pages 229-56, September.
  8. Peter Saunders & George Matheson, 1991. "An Ever-Rising Tide? Poverty in Australia in the Eighties," Discussion Papers 0030, University of New South Wales, Social Policy Research Centre.
  9. Peter Saunders & Johan Fritzell, 1995. "Wage and Income Inequality in Two Welfare States: Australia and Sweden," Discussion Papers 0060, University of New South Wales, Social Policy Research Centre. [Downloadable!]
  10. Saunders, Peter & Stott, Helen & Hobbes, Garry, 1991. "Income Inequality in Australia and New Zealand: International Comparisons and Recent Trends," Review of Income and Wealth, Blackwell Publishing, vol. 37(1), pages 63-79, March.
  11. Peter Whiteford, 1988. "Taxation and Social Security: An Overview," Discussion Papers 003, University of New South Wales, Social Policy Research Centre.
  12. Peter Whiteford, 1995. "The Use of Replacement Rates in International Comparisons of Benefit Systems," Discussion Papers 0054, University of New South Wales, Social Policy Research Centre. [Downloadable!]
  13. Bruce Bradbury, 1993. "Unemployment and Income Support: Challenges for the Years Ahead," Discussion Papers 0039, University of New South Wales, Social Policy Research Centre.
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