Stochastic Dominance Analysis Of Australian Income Distributions
We apply stochastic dominance tests to investigate trends in inequality in Australia over the period 1983 to 1998. Results show significant levels of inequalities in the income and expenditure distributions for the population as a whole as well as within population groups. We further find that the impact of the governmentâ€™s tax and transfer redistribution scheme varied greatly among the different demographic groups. After tax and transfers are made, significant gains in welfare levels were observed for migrant and single-parents households compared to their non-migrant and couple-parent counterparts respectively. In contrast, welfare levels of male-headed households continue to dominate those of female households post tax and that there is limited government capacity for closing the existing gap in incomes and expenditures among households without children.
|Date of creation:||2007|
|Contact details of provider:|| Postal: Department of Economics, Monash University, Victoria 3800, Australia|
Web page: http://www.buseco.monash.edu.au/eco/
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|Order Information:|| Web: http://www.buseco.monash.edu.au/eco/research/papers/ Email: |
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- Barrett, Garry F & Crossley, Thomas F & Worswick, Christopher, 2000. "Demographic Trends and Consumption Inequality in Australia between 1975 and 1993," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 46(4), pages 437-456, December.
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- Ann Harding, 1997. "The Suffering Middle: Trends in Income Inequality in Australia, 1982 to 1993-94," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 30(4), pages 341-358.
- Barrett, Garry F & Crossley, Thomas F & Worswick, Christopher, 2000. "Consumption and Income Inequality in Australia," The Economic Record, The Economic Society of Australia, vol. 76(233), pages 116-138, June.
- Harding, Ann & Szukalska, Aggie, 2000. "Trends in Child Proverty in Australia, 1982 to 1995-96," The Economic Record, The Economic Society of Australia, vol. 76(234), pages 236-254, September.
- Pendakur, Krishna, 1998. "Changes in Canadian Family Income and Family Consumption Inequality between 1978 and 1992," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 44(2), pages 259-283, June.
- Kaur, Amarjot & Prakasa Rao, B.L.S. & Singh, Harshinder, 1994. "Testing for Second-Order Stochastic Dominance of Two Distributions," Econometric Theory, Cambridge University Press, vol. 10(05), pages 849-866, December. Full references (including those not matched with items on IDEAS)
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