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

  • Bruno Martorano

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.

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Paper provided by Innocenti Working Papers in its series Papers with number inwopa697.

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Length: 22
Date of creation: 2013
Date of revision:
Handle: RePEc:ucf:inwopa:inwopa697
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  1. Sascha O. Becker & Andrea Ichino, 2002. "Estimation of average treatment effects based on propensity scores," Stata Journal, StataCorp LP, vol. 2(4), pages 358-377, November.
  2. Andrew Leigh, 2009. "How Much Did the 2009 Fiscal Stimulus Boost Spending? Evidence from a Household Survey," CAMA Working Papers 2009-22, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  3. Giovanni Andrea Cornia & Bruno Martorano, 2012. "Development Policies and Income Inequality in Selected Developing Regions, 1980–2010," UNCTAD Discussion Papers 210, United Nations Conference on Trade and Development.
  4. Jordi Galí & J. David López-Salido & Javier Vallés, 2007. "Understanding the Effects of Government Spending on Consumption," Journal of the European Economic Association, MIT Press, vol. 5(1), pages 227-270, 03.
  5. Gauti B. Eggertsson & Paul Krugman, 2012. "Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach," The Quarterly Journal of Economics, Oxford University Press, vol. 127(3), pages 1469-1513.
  6. Alan J. Auerbach & Yuriy Gorodnichenko, 2012. "Fiscal Multipliers in Recession and Expansion," NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 63-98 National Bureau of Economic Research, Inc.
  7. Dolls, Mathias & Fuest, Clemens & Peichl, Andreas, 2010. "Automatic Stabilizers, Economic Crisis and Income Distribution in Europe," IZA Discussion Papers 4917, Institute for the Study of Labor (IZA).
  8. Bruno Martorano, & Giovanni Andrea Cornia & Frances Stewart, 2012. "Human Development and Fiscal Policy: Comparing the Crises of 1982-85 and 2008-11," Working Papers - Economics wp2012_23.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
  9. Tagkalakis, Athanasios, 2008. "The effects of fiscal policy on consumption in recessions and expansions," Journal of Public Economics, Elsevier, vol. 92(5-6), pages 1486-1508, June.
  10. Barro, Robert J., 1974. "Are Government Bonds Net Wealth?," Scholarly Articles 3451399, Harvard University Department of Economics.
  11. António Afonso & Hans Peter Grüner & Christina Kolerus, 2010. "Fiscal Policy and Growth: Do Financial Crises make a Difference?," Working Papers Department of Economics 2010/10, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
  12. Jonathan Bradshaw & Leonardo Menchini & Yekaterina Chzhen & Gill Main & Bruno Martorano & Chris De Neubourg & UNICEF Innocenti Research Centre, 2012. "Relative Income Poverty among Children in Rich Countries," Innocenti Working Papers inwopa655, UNICEF Innocenti Research Centre.
  13. Anja Baum & Marcos Poplawski-Ribeiro & Anke Weber, 2012. "Fiscal Multipliers and the State of the Economy," IMF Working Papers 12/286, International Monetary Fund.
  14. Giovanni Callegari & Giovanni Melina & Nicoletta Batini, 2012. "Successful Austerity in the United States, Europe and Japan," IMF Working Papers 12/190, International Monetary Fund.
  15. John B. Taylor, 2000. "Reassessing Discretionary Fiscal Policy," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 21-36, Summer.
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