The Economic Record

1925 - 2025

Current editor(s): Paul Miller, Glenn Otto and Martin Richardson

From The Economic Society of Australia
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Volume 84, month 12, 2008

Prices, Rents and Rational Speculative Bubbles in the Sydney Housing Market pp. 405-420

Eden Hatzvi and Glenn Otto

Factors Influencing Housing Equity Withdrawal: Evidence from a Microeconomic Survey pp. 421-433

Carl Schwartz, Christine Lewis, David Norman and Tim Hampton

Innovation, Technological Conditions and New Firm Survival pp. 434-448

Paul Jensen, Elizabeth Webster and Hielke Buddelmeyer

A Bayesian Vector Autoregressive Model with Informative Steady‐state Priors for the Australian Economy pp. 449-465

Meredith Beechey and Pär Österholm

Improving the Modelling of Couples’ Labour Supply pp. 466-485

Robert Breunig, Deborah A. Cobb‐clark and Xiaodong Gong

Does Tax Evasion Modify the Redistributive Effect of Tax Progressivity? pp. 486-495

María Jesús Freire‐serén and Judith Panadés

Union Wage Effects in Australia: Is There Variation along the Distribution? pp. 496-510

Lixin Cai and Amy Liu

Real Product and Productivity of Industries since the Nineteenth Century: A Comment on ‘Lost Exceptionalism’ by Broadberry and Irwin pp. 511-514

Bryan Haig

Real Product and Productivity of Industries since the Nineteenth Century: A Reply to Bryan Haig pp. 515-516

Stephen Broadberry and Douglas Irwin

The Tyranny of the Market: Why You Can't Always Get What You Want ‐ by Joel Waldfogel pp. 517-518

Declan Trott

Advances in Household Economics, Consumer Behaviour and Economic Policy ‐ Edited by Tran Van Hoa pp. 518-519

Rosanna Scutella

The Demand for Alcohol, Tobacco and Marijuana: International Evidence ‐ by Saroja Selvanathan and Eliyathamby A. Selvanathan pp. 520-522

Xueyan Zhao

International Perspectives on Welfare to Work Policy ‐ Edited by Richard Hoefer and James Midgley pp. 522-523

Hielke Buddelmeyer

On Classical Economics ‐ by Thomas Sowell pp. 523-524

Gary Hawke

Economics and Religion (The International Library of Critical Writings in Economics) ‐ Edited by Paul Oslington pp. 524-526

Ian Smith

The New Monetary Policy: Implications and Relevance ‐ Edited by Philip Arestis, Michelle Baddeley and John McCombie pp. 526-527

Colin Rogers

Water Resource Economics: The Analysis of Scarcity Policies and Projects ‐ by Ronald C. Griffin pp. 527-528

Mike Young

Volume 84, month 09, 2008

Introduction pp. S1-S1

Ranjan Ray and Graeme Wells

A Dynamic Incentive‐Based Argument for Conditional Transfers pp. S2-S16

Dilip Mookherjee and Debraj Ray

Choices and Constraints over Retirement Income Streams: Comparing Rules and Regulations pp. S17-S31

Hazel Bateman and Susan Thorp

Why Do the Rich Save More? A Theory and Australian Evidence pp. S32-S44

Debajyoti Chakrabarty, Hajime Katayama and Hanna Maslen

Occupational Attainment and Immigrant Economic Progress in Australia pp. S45-S56

Barry Chiswick and Paul Miller

Prices versus Rationing: Marshallian Surplus and Mandatory Water Restrictions pp. S57-S65

R. Quentin Grafton and Michael Ward

Skilled Immigration and Wages in Australia pp. S66-S82

Asad Islam and Dietrich Fausten

The Impact of Lifecycle Events on Women's Labour Force Transitions: A Panel Analysis pp. S83-S98

Sung-Hee Jeon

The Distribution of Household Health Expenditures in Australia pp. S99-S114

Glenn Jones, Elizabeth Savage and Kees van Gool

Do Migrants get Good Jobs in Australia? The Role of Ethnic Networks in Job Search pp. S115-S130

Stephane Mahuteau and Pramod (Raja) Junankar

Do Australian Qualifications Help? The Effect of Host Country Qualification on Migrant Participation and Unemployment pp. S131-S140

Jaai Parasnis, Dietrich Fausten and Roland Cheo

Increasing Returns, Financial Capital Mobility and Real Exchange Rate Dynamics pp. S141-S158

Steven Pennings and Rodney Tyers

Cut‐offs, Knock‐ons and Welfare Payment Taper Changes: An Evaluation of the July 2000 Tax and Welfare Changes for Lone Mothers pp. 291-309

Robert Gregory, Eva Klug and Prem J. Thapa

Understanding the Drivers of Poverty Dynamics in Australian Households pp. 310-321

Hielke Buddelmeyer and Sher Verick

Experimenting with Affirmative Action: The Coate and Loury Model pp. 322-337

Michael P Kidd, Paul Carlin and Jonathan Pot

Bayesian Information Transmission and Stable Distributions: Motion Picture Revenues at the Australian Box Office pp. 338-353

Jordi Mckenzie

How Costly is Exchange Rate Stabilisation for an Inflation Targeter? The Case of Australia pp. 354-365

Mark Crosby, Timothy Kam and Kirdan Lees

Private or Public? Towards a Taxonomy of Optimal Ownership and Management Regimes pp. 366-377

Stephen King and Rohan Pitchford

Public Capital Spillovers and Growth Revisited: A long‐run and Dynamic Structural Analysis pp. 378-392

Timothy Kam and Yi‐chia Wang

What Makes a Terrorist ‐ by Alan B. Krueger pp. 393-394

Paul Frijters

Japan's Financial Crisis: Institutional Rigidity and Reluctant Change ‐ by Jennifer A. Amyx pp. 394-396

James R. Rhodes

Nonlinear Time Series Analysis ‐ by Holdger Kantz and Thomas Schreiber pp. 396-397

Minxian Yang

The Structure and Resilience of the Financial System ‐ edited by Christopher Kent and Jeremy Lawson pp. 397-398

Mardi Dungey

Exchange Rates under the East Asian Dollar Standard: Living with Conflicted Virtue ‐ by Ronald I. McKinnon pp. 398-400

Arief Ramayandi

The Theory of Corporate Finance ‐ by Jean Tirole pp. 400-401

Chris Jones

How China Grows: Investment, Finance, and Reform ‐ by James Riedel, Jing Jin and Jian Gao pp. 401-402

Ligang Song

Do Economists Make Markets? On the Performativity of Economics ‐ edited by Donald MacKenzie, Fabian Muniesa and Lucia Siu pp. 403-403

Declan Trott

Volume 84, month 06, 2008

Searching for the Smoking Gun: Did Trade Hurt Unskilled Workers? pp. 141-156

Niven Winchester

A Richer Understanding of Australia's Productivity Performance in the 1990s: Improved Estimates Based Upon Firm‐Level Panel Data pp. 157-176

Robert Breunig and Marn‐heong Wong

Smoothing the Fiscal Costs of Population Ageing in Australia: Effects on Intergenerational Equity and Social Welfare pp. 177-192

Ross Guest

How Much do Public Schools Really Cost? Estimating the Relationship between House Prices and School Quality pp. 193-206

Ian Davidoff and Andrew Leigh

Individual Heterogeneity in Alcohol Consumption: The Case of Beer, Wine and Spirits in Australia pp. 207-222

Preety Ramful and Xueyan Zhao

Does Country Risk Influence International Tourism? A Dynamic Panel Data Analysis pp. 223-236

Tiago Sequeira and Paulo Nunes

The Accuracy and Rationality of US and Australian Household Inflation Forecasts: A Comparative Study of the Michigan and Melbourne Institute Surveys pp. 237-252

Lloyd B. Thomas and Alan P. Grant

Happiness Studies: Ways to Improve Comparability and Some Public Policy Implications pp. 253-266

Yew-Kwang Ng

Distinguished Fellow of the Economic Society of Australia, 2007: Yew‐Kwang Ng pp. 267-272

Warner Corden, Peter Forsyth and Christis Tombazos

Inside the Economist's Mind: Conversations with Eminent Economists ‐ edited by Paul A. Samuelson and William A. Barnett pp. 273-274

James E. Hartley

Institutions, Globalisation and Empowerment ‐ edited by Kartik C. Roy and Jörn Sideras pp. 274-276

Sambit Bhattacharyya

Global and National Macroeconometric Modelling ‐ by Anthony Garratt, Kevin Lee, M. Hashem Pesaran and Yongcheol Shin pp. 276-277

Alasdair Scott

Making the World Autonomous: A Global Role for the European Union ‐ by Anthony Clunies‐Ross pp. 278-279

John Lodewijks

Lands of Shame: Aboriginal and Torres Strait Islander ‘Homelands’ in Transition ‐ by Helen Hughes pp. 279-281

Boyd Hunter

Arndt's Story: The Life of an Australian Economist ‐ by Peter Coleman, Selwyn Cornish and Peter Drake pp. 281-283

Howard Dick

The Structure of Post‐Keynesian Economics: The Core Contributions of the Pioneers ‐ by Geoff Harcourt pp. 283-285

Jerry Courvisanos

Adam Smith's Moral Philosophy: A Historical and Contemporary Perspective on Markets, Law, Ethics, and Culture ‐ by Jerry Evensky pp. 285-286

Maria Pia Paganelli

The Search for Stability. The Boyer Lectures 2006 ‐ by Ian Macfarlane and The Global Economy in the 1990s. A Long‐run Perspective ‐ edited by Paul W. Rhode and Gianni Toniolo pp. 286-288

Selwyn Cornish

Volume 84, month 03, 2008

An Estimated New Keynesian Policy Model for Australia pp. 1-16

Daniel Buncic and Martin Melecký

The Role of Portfolio Shocks in a Structural Vector Autoregressive Model of the Australian Economy pp. 17-33

Renée Fry, James Hocking and Vance Martin

The Cyclical Dynamics and Volatility of Australian Output and Employment pp. 34-49

David Shepherd and Robert Dixon

Beyond Brigden: Australia's Inter‐War Manufacturing Tariffs, Real Wages and Economic Size pp. 50-67

Rodney Tyers and William Coleman

Neighbourhood Measures: Quantifying the Effects of Neighbourhood Externalities pp. 68-81

Ben Jensen and Mark Harris

A Measure of the Efficacy of the Australian Imputation Tax System pp. 82-94

John C. Handley and Krishnan Maheswaran

Separability and Subadditivity in Australian Railways pp. 95-108

Nick Wills‐johnson

Discounting and the Time Preference Rate pp. 109-127

John Creedy and Ross Guest

Repeated Games and Reputations: Long‐run Relationships ‐ by George J. Mailath and Larry Samuelson pp. 128-129

Damien Eldridge

Australian Local Government Economics ‐ by Brian Dollery, Lin Crase and Andrew Johnson pp. 129-130

Joel Byrnes

The Search for Stability: The Boyer Lectures 2006 ‐ by Ian Macfarlane and The Global Economy in the 1990s: A Long‐run Perspective ‐ Edited by Paul W. Rhode and Gianni Toniolo pp. 130-132

Selwyn Cornish

The New Comparative Economic History: Essays in Honor of Jeffrey G. Williamson ‐ Edited by Timothy J. Hatton, Kevin H. O’Rourke and Alan M. Taylor pp. 132-134

Ian McLean

Bright Future: Abundance and Progress in the 21st Century ‐ by David McMullen pp. 134-134

Declan Trott

Involuntary Unemployment: The Elusive Quest for a Theory ‐ by Michel De Vroey pp. 134-136

William Coleman

The Inflation‐Targeting Debate ‐ Edited by Ben Bernanke and Michael Woodford pp. 136-138

Kirdan Lees