IDEAS home Printed from https://ideas.repec.org/p/cba/wpaper/wp1120.html
   My bibliography  Save this paper

Implementing Income Verification in Australia

Author

Listed:
  • Yogi Vidyattama

    () (NATSEM, University of Canberra)

  • Robert Tanton

    () (NATSEM, University of Canberra)

  • Alan Duncan

    () (Bankwest Curtin Economics Centre and Bankwest Research Chair in Economic Policy, Curtin Business School)

  • Ross Gayler

    () (Scoring Solutions, Veda Advantage)

Abstract

The recent credit crunch and global recession has forced Governments to consider implementing compulsory income verification for loan applicants. This paper analyses the different methods used in UK and US for income verification and highlights the issues in implementing each method. Finally, each of the methods is assessed in looking at applying a method in Australia. The paper concludes that a modelling approach to income verification will work for the most people

Suggested Citation

  • Yogi Vidyattama & Robert Tanton & Alan Duncan & Ross Gayler, 2013. "Implementing Income Verification in Australia," NATSEM Working Paper Series 13/20, University of Canberra, National Centre for Social and Economic Modelling.
    • Handle: RePEc:cba:wpaper:wp1120
    as

    Download full text from publisher

    File URL: http://www.natsem.canberra.edu.au/files/download?id=1123
    Download Restriction: no

    References listed on IDEAS

    as
    1. Lillard, Lee A & Willis, Robert J, 1978. "Dynamic Aspects of Earning Mobility," Econometrica, Econometric Society, vol. 46(5), pages 985-1012, September.
    2. Frank Cowell & Maria-Pia Victoria-Feser, 2007. "Robust stochastic dominance: A semi-parametric approach," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 5(1), pages 21-37, April.
    3. Richard Blundell & Alan Duncan, 1998. "Kernel Regression in Empirical Microeconomics," Journal of Human Resources, University of Wisconsin Press, vol. 33(1), pages 62-87.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Financial Institution; Government Regulation; Income Verification;

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cba:wpaper:wp1120. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Trueman). General contact details of provider: http://edirc.repec.org/data/natseau.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.