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When America sneezes, Australian state governments catch a cold. And when the weather turns bad, guess who’s held responsible?
“Last time I checked, the Tasmanian government had very little influence over the unemployment rate in the United States. Yet it might want to...
It’s the love child of economics and psychology – behavioural economics. It tries to explain people’s rational, or better irrational, behaviour when it comes to financial decision-making and consumption patterns. On Big Ideas, two experts outline the main lessons of behavioural economics and discuss the...
John Howard’s gun buyback scheme had more than one benefit
Did the buyback save lives? As someone with a connection to two of Australia’s worst gun massacres, I’ve always been interested in finding out. But the public debate seemed frustratingly simplistic. Some anti-gun...
A new study finds social status rippling across the centuries
IF YOU WANT to know who made up Australia’s elite in the nineteenth century, a useful place to look is the Australian Dictionary of Biography. In its many volumes, you’ll find business leaders,...
Review Details Date: 20 May 2013 Author: Andrew Leigh Publisher: Australian Policy Online Owning Institution(s): Swinburne University of Technology
Book Details Title: Quarterly Essay 49 - Not Dead Yet: Labor's Post-Left Future Publisher: Black Inc. Date Published: 2013 Author/s: Mark Latham
Andrew Leigh and Chris Ryan compare three quasi-experimental approaches to estimating the returns to schooling in Australia: instrumenting schooling using month of birth, instrumenting schooling using changes in compulsory schooling laws, and comparing outcomes for twins.
With annual pre-tax income as...
Pooling data for 1905 to 2000, this paper finds no systematic relationship between top income shares and economic growth in a panel of 12 developed nations observed for between 22 and 85 years.
After 1960, however, a one percentage point rise in the top...
Australia’s top earners have increased their share of income more than three fold over the last three decades, according to updated research based on a 2006 paper.
The study, conducted by ANU economist Professor Andrew Leigh from the Research School of Economics, in conjunction...
Does faster economic growth increase pressure for democratic change, or reduce it? Using data for 154 countries for the period 1963-2007, the authors examine the short-run relationship between economic growth and moves toward and away from greater democracy. To address the potential endogeneity of economic...