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  Subjects -> POLITICAL SCIENCE (Total: 960 journals)
    - CIVIL RIGHTS (12 journals)
    - INTERNATIONAL RELATIONS (115 journals)
    - POLITICAL SCIENCE (805 journals)
    - POLITICAL SCIENCES: GENERAL (28 journals)

POLITICAL SCIENCE (805 journals)                  1 2 3 4 5 | Last

Showing 1 - 200 of 281 Journals sorted alphabetically
A Contracorriente     Open Access   (Followers: 2)
Ab Imperio     Full-text available via subscription   (Followers: 2)
Acciones e Investigaciones Sociales     Open Access   (Followers: 1)
Acta Borealia: A Nordic Journal of Circumpolar Societies     Hybrid Journal   (Followers: 1)
Acta Politica Estica     Open Access   (Followers: 1)
Acta Universitatis Sapientiae, European and Regional Studies     Open Access   (Followers: 1)
Administory. Zeitschrift für Verwaltungsgeschichte     Open Access  
Administrative Science Quarterly     Full-text available via subscription   (Followers: 174)
Affirmations : of the modern     Open Access   (Followers: 4)
AFFRIKA Journal of Politics, Economics and Society     Full-text available via subscription   (Followers: 4)
Africa Conflict Monitor     Full-text available via subscription   (Followers: 5)
Africa Insight     Full-text available via subscription   (Followers: 16)
Africa Institute Occasional Paper     Full-text available via subscription   (Followers: 2)
Africa Renewal     Free   (Followers: 6)
Africa Report     Full-text available via subscription   (Followers: 1)
Africa Review : Journal of the African Studies Association of India     Hybrid Journal   (Followers: 2)
Africa Today     Full-text available via subscription   (Followers: 19)
African Affairs     Hybrid Journal   (Followers: 63)
African Conflict and Peacebuilding Review     Full-text available via subscription   (Followers: 16)
African Diaspora     Open Access   (Followers: 9)
African East-Asian Affairs     Open Access   (Followers: 7)
African Identities     Hybrid Journal   (Followers: 13)
African Journal of Democracy and Governance     Full-text available via subscription   (Followers: 5)
African Journal of Rhetoric     Full-text available via subscription   (Followers: 5)
African Renaissance     Full-text available via subscription   (Followers: 3)
African Yearbook of Rhetoric     Full-text available via subscription   (Followers: 4)
Africanus     Full-text available via subscription   (Followers: 3)
Africa’s Public Service Delivery and Performance Review     Open Access   (Followers: 2)
Afrika Focus     Open Access  
Afrique contemporaine : La revue de l'Afrique et du développement     Full-text available via subscription   (Followers: 3)
Agenda Política     Open Access  
Agenda: A Journal of Policy Analysis and Reform     Full-text available via subscription   (Followers: 1)
Agrarian South : Journal of Political Economy     Hybrid Journal   (Followers: 2)
Akademik Hassasiyetler     Open Access  
Akademik İncelemeler Dergisi     Open Access   (Followers: 1)
Akademik Yaklaşımlar Dergisi     Open Access  
Alternatives : Global, Local, Political     Hybrid Journal   (Followers: 12)
Altre Modernità     Open Access   (Followers: 3)
América Latina Hoy     Open Access   (Followers: 2)
American Communist History     Hybrid Journal   (Followers: 18)
American Enterprise Institute     Free  
American Foreign Policy Interests: The Journal of the National Committee on American Foreign Policy     Hybrid Journal   (Followers: 10)
American Journal of Political Science     Hybrid Journal   (Followers: 314)
American Political Science Review     Hybrid Journal   (Followers: 258)
American Political Thought     Full-text available via subscription   (Followers: 11)
American Politics Research     Hybrid Journal   (Followers: 28)
American Quarterly     Full-text available via subscription   (Followers: 18)
Anacronismo e Irrupción     Open Access  
Analecta política     Open Access  
Análise Social     Open Access   (Followers: 2)
Ankara University SBF Journal     Open Access  
Annals of the American Academy of Political and Social Science     Hybrid Journal   (Followers: 43)
Annual Review of Economics     Full-text available via subscription   (Followers: 34)
Annual Review of Political Science     Full-text available via subscription   (Followers: 161)
Anuario Latinoamericano : Ciencias Políticas y Relaciones Internacionales     Open Access  
AQ - Australian Quarterly     Full-text available via subscription  
Arabian Humanities     Open Access   (Followers: 4)
Arctic Review on Law and Politics     Open Access   (Followers: 1)
Arena Journal     Full-text available via subscription   (Followers: 1)
Armed Conflict Survey     Full-text available via subscription   (Followers: 2)
Asia & the Pacific Policy Studies     Open Access   (Followers: 16)
Asia Minor Studies     Open Access   (Followers: 3)
Asia Policy     Full-text available via subscription   (Followers: 7)
Asia-Pacific Journal : Japan Focus     Open Access   (Followers: 9)
Asia-Pacific Review     Hybrid Journal   (Followers: 15)
Asian Affairs: An American Review     Hybrid Journal   (Followers: 2)
Asian Journal of Comparative Politics     Hybrid Journal   (Followers: 4)
Asian Journal of Political Science     Hybrid Journal   (Followers: 16)
Asian Politics and Policy     Hybrid Journal   (Followers: 10)
Astropolitics: The International Journal of Space Politics & Policy     Hybrid Journal   (Followers: 9)
AUDEM : The International Journal of Higher Education and Democracy     Full-text available via subscription   (Followers: 10)
Aurora. Revista de Arte, Mídia e Política     Open Access  
Australasian Review of African Studies, The     Full-text available via subscription   (Followers: 2)
Australian Journal of International Affairs     Hybrid Journal   (Followers: 23)
Australian Journal of Political Science     Hybrid Journal   (Followers: 17)
Austrian Journal of Political Science     Open Access   (Followers: 2)
Austrian Journal of South-East Asian Studies     Open Access   (Followers: 1)
Balcanica Posnaniensia Acta et studia     Open Access  
Baltic Journal of European Studies     Open Access  
Bandung : Journal of the Global South     Open Access   (Followers: 1)
Basic Income Studies     Hybrid Journal   (Followers: 7)
Behavioral Sciences of Terrorism and Political Aggression     Hybrid Journal   (Followers: 17)
Beleid en Maatschappij     Full-text available via subscription   (Followers: 1)
BMC International Health and Human Rights     Open Access   (Followers: 6)
Brazilian Political Science Review     Open Access   (Followers: 2)
Brésil(s)     Open Access   (Followers: 1)
British Journal of Canadian Studies     Hybrid Journal   (Followers: 12)
British Journal of Political Science     Hybrid Journal   (Followers: 167)
British Journal of Politics and International Relations     Hybrid Journal   (Followers: 29)
British Politics     Hybrid Journal   (Followers: 14)
British Review of New Zealand Studies     Full-text available via subscription   (Followers: 4)
Brookings Papers on Economic Activity     Open Access   (Followers: 46)
Bulletin d'histoire politique     Full-text available via subscription   (Followers: 3)
Bustan     Hybrid Journal  
Cadernos de Estudos Sociais e Políticos     Open Access   (Followers: 2)
CADUS - Revista de Estudos de Política, História e Cultura     Open Access  
Cahiers de l'Urmis     Open Access   (Followers: 1)
Cahiers de Sciences politiques de l'ULg     Open Access  
Cambio 16     Full-text available via subscription   (Followers: 5)
Cambridge Review of International Affairs     Hybrid Journal   (Followers: 19)
Canadian Foreign Policy Journal     Hybrid Journal   (Followers: 7)
Canadian Journal of Political Science/Revue canadienne de science politique     Full-text available via subscription   (Followers: 23)
Çanakkale Araştırmaları Türk Yıllığı     Open Access  
Caucasus Survey     Hybrid Journal  
Central and Eastern European Review     Open Access   (Followers: 2)
Central Asian Affairs     Hybrid Journal  
Central Banking     Full-text available via subscription   (Followers: 8)
Central European Journal of Public Policy     Open Access   (Followers: 2)
China : An International Journal     Full-text available via subscription   (Followers: 18)
China perspectives     Open Access   (Followers: 12)
China Quarterly     Hybrid Journal   (Followers: 51)
China Report     Hybrid Journal   (Followers: 10)
China Review International     Full-text available via subscription   (Followers: 8)
China-EU Law Journal     Hybrid Journal   (Followers: 6)
Chinese Journal of Global Governance     Open Access   (Followers: 2)
Chinese Journal of International Politics     Hybrid Journal   (Followers: 9)
Chinese Studies     Open Access   (Followers: 8)
Cittadinanza Europea (LA)     Full-text available via subscription  
Civil Wars     Hybrid Journal   (Followers: 14)
Claremont-UC Undergraduate Research Conference on the European Union     Open Access  
Class, Race and Corporate Power     Open Access   (Followers: 1)
Cold War History     Hybrid Journal   (Followers: 15)
Commonwealth & Comparative Politics     Hybrid Journal   (Followers: 12)
Communication, Politics & Culture     Open Access   (Followers: 13)
Communist and Post-Communist Studies     Hybrid Journal   (Followers: 15)
Comparative Political Studies     Hybrid Journal   (Followers: 162)
Comparative Politics (Russia)     Open Access   (Followers: 6)
Comparative Strategy     Hybrid Journal   (Followers: 9)
Competition & Change     Hybrid Journal   (Followers: 11)
Conferences on New Political Economy     Full-text available via subscription   (Followers: 3)
Confines     Open Access  
Conflict and Society     Full-text available via subscription   (Followers: 4)
Conflict Management and Peace Science     Hybrid Journal   (Followers: 31)
Conflict Trends     Full-text available via subscription   (Followers: 12)
Conflict, Security & Development     Hybrid Journal   (Followers: 373)
Congress & the Presidency: A Journal of Capital Studies     Hybrid Journal   (Followers: 3)
Conjunctions. Transdisciplinary Journal of Cultural Participation     Open Access   (Followers: 4)
Constellations     Hybrid Journal   (Followers: 18)
Contemporary Italian Politics     Hybrid Journal   (Followers: 3)
Contemporary Japan     Hybrid Journal   (Followers: 5)
Contemporary Journal of African Studies     Full-text available via subscription   (Followers: 4)
Contemporary Political Theory     Hybrid Journal   (Followers: 40)
Contemporary Review of the Middle East     Full-text available via subscription   (Followers: 5)
Contemporary Security Policy     Hybrid Journal   (Followers: 17)
Contemporary Southeast Asia: A Journal of International and Strategic Affairs     Full-text available via subscription   (Followers: 21)
Contemporary Wales     Full-text available via subscription   (Followers: 1)
Contenciosa     Open Access  
Contexto Internacional     Open Access  
Cooperation and Conflict     Hybrid Journal   (Followers: 15)
CQ Researcher     Full-text available via subscription   (Followers: 2)
Criterio Jurídico     Open Access  
Criterios     Open Access  
Critical Asian Studies     Hybrid Journal   (Followers: 12)
Critical Review : A Journal of Politics and Society     Hybrid Journal   (Followers: 22)
Critical Review of International Social and Political Philosophy     Hybrid Journal   (Followers: 21)
Critical Reviews on Latin American Research     Open Access   (Followers: 5)
Critical Social Policy     Hybrid Journal   (Followers: 40)
Critical Studies on Terrorism     Hybrid Journal   (Followers: 26)
Cuadernos de historia de España     Open Access   (Followers: 3)
Cultura de Paz     Open Access  
Cultural Critique     Full-text available via subscription   (Followers: 9)
Culture Mandala : The Bulletin of the Centre for East-West Cultural and Economic Studies     Open Access   (Followers: 1)
Debater a Europa     Open Access  
Décalages : An Althusser Studies Journal     Open Access  
Decolonization : Indigeneity, Education & Society     Open Access   (Followers: 10)
Defence Studies     Hybrid Journal   (Followers: 24)
Defense & Security Analysis     Hybrid Journal   (Followers: 23)
Democracy & Education     Open Access   (Followers: 14)
Democratic Communiqué     Open Access   (Followers: 1)
Democratic Theory     Full-text available via subscription   (Followers: 9)
Democratization     Hybrid Journal   (Followers: 36)
Democrazia e diritto     Full-text available via subscription   (Followers: 2)
Demokratie und Geschichte     Hybrid Journal  
Demokratizatsiya: The Journal of Post-Soviet Democratization     Full-text available via subscription   (Followers: 10)
Der Donauraum     Hybrid Journal  
Der Staat     Full-text available via subscription   (Followers: 14)
Desafíos     Open Access  
Development and Change     Hybrid Journal   (Followers: 51)
Digest of Middle East Studies     Hybrid Journal   (Followers: 10)
Diplomacy & Statecraft     Hybrid Journal   (Followers: 10)
Diplomatic History     Hybrid Journal   (Followers: 21)
Diritto, immigrazione e cittadinanza     Open Access   (Followers: 4)
Dissent     Full-text available via subscription   (Followers: 7)
Diversité urbaine     Full-text available via subscription  
Dynamics of Asymmetric Conflict: Pathways toward terrorism and genocide     Hybrid Journal   (Followers: 17)
East European Jewish Affairs     Hybrid Journal   (Followers: 15)
East European Politics     Hybrid Journal   (Followers: 10)
Economia Politica     Hybrid Journal   (Followers: 37)
Ecopolítica     Open Access  
eJournal of eDemocracy and Open Government     Open Access   (Followers: 9)
Ekonomi, İşletme, Siyaset ve Uluslararası İlişkiler Dergisi     Open Access  
El Cotidiano     Open Access   (Followers: 1)
Electoral Studies     Hybrid Journal   (Followers: 36)
Em Pauta : Teoria Social e Realidade Contemporânea     Open Access   (Followers: 1)
Encuentro     Open Access  
Environmental Politics     Hybrid Journal   (Followers: 18)
Equal Opportunities International     Hybrid Journal   (Followers: 3)
Espacios Públicos     Open Access  
Estudios Políticos     Open Access  
Estudios Políticos     Open Access  

        1 2 3 4 5 | Last

Journal Cover
Agenda: A Journal of Policy Analysis and Reform
Number of Followers: 1  
 
  Full-text available via subscription Subscription journal
Published by RMIT Publishing Homepage  [399 journals]
  • Volume 24 Issue 1 - Ricardian equivalence, the Italian fiscal tradition
           and Western Australia's Government net debt
    • Abstract: McLure, Michael
      This paper uses the discussion within the Italian fiscal tradition on the supposed Ricardian equivalence between debt and taxation to give context to the Western Australian (WA) Government's growing net debt from the late phase of the 'millennium boom'. It is suggested that WA's experience, in which growth in net debt has been driven significantly by growth in general government expenses, accords best with Pareto's main reason for rejecting Ricardian equivalence. The WA Government did have a strategy to maintain structural fiscal balance over the long term, but the targets or rules associated with that strategy were abandoned and replaced by weaker rules. It is argued that, if those rules were more 'constitutional' in character, then the WA Government's net debt would not have blown out in the manner that it did.

      PubDate: Mon, 28 May 2018 10:03:24 GMT
       
  • Volume 24 Issue 1 - The growth of knowledge as grounds against paternalism
    • Abstract: Clydesdale, Greg
      This paper considers the significance of the growth of knowledge for the efficacy of paternalistic intervention. Three cases are examined. The first is government intervention in the consumption of fatty food. Second is the evolution of knowledge that occurred after a law mandated the use of cycle helmets. The third examines information flows that characterised the smoking debate. This paper argues that although knowledge continues to evolve, inertia, path dependency and expert bias can impede the removal of paternalistic laws that do not raise welfare but continue to restrict individual agency.

      PubDate: Mon, 28 May 2018 10:03:24 GMT
       
  • Volume 24 Issue 1 - Log rolling as an explanation of distortions all
           round: A model la Buchanan and Tullock
    • Abstract: Coleman, William
      Since at least the time of Adam Smith, economists have been alive to the vision of a relatively small number of 'special interests' benefiting themselves at the expense of the public weal. But distortions are today so endemic, it is tempting to say that every interest manages to secure that status of special interest, and receives some 'distortion' in its favour. But, however credible this scenario of 'universal distortions' may be, can it be provided a rigorous and well-articulated modelling in terms of maximising choices, under a specified institutional structure' Can Public Choice suggest such a modelling' Can, in particular, the Public Choice theorising of 'log rolling' do so'

      PubDate: Mon, 28 May 2018 10:03:24 GMT
       
  • Volume 24 Issue 1 - The lack of competition in governance as an impediment
           to regional development in Australia
    • Abstract: Taylor, Brad R
      Regional Australia faces many and diverse challenges and opportunities. Given that onesize-fits-all policy solutions are not appropriate for these diverse conditions, I argue that increasing interjurisdictional competition can foster regional development and resilience. If individuals and businesses are able to 'vote with their feet' for the local jurisdictions they prefer, market-like incentives are brought to bear on government. This would limit government power, enable lower-risk policy experimentation, make government more responsive to citizen needs and allow for policy more suited to local circumstances.

      PubDate: Mon, 28 May 2018 10:03:24 GMT
       
  • Volume 24 Issue 1 - Editor and Editorial Committee
    • PubDate: Mon, 28 May 2018 10:03:24 GMT
       
  • Volume 23 Issue 1 - Editor and Editorial Committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 23 Issue 1 - Section 18C, Human Rights, and Media Reform: An
           Institutional Analysis of the 2011-13 Australian Free Speech Debate
    • Abstract: Berg, Chris; Davidson, Sinclair
      The paper examines two Australian freedom-of-speech controversies between 2011 and 2013 - the debate over section 18C of the Racial Discrimination Act, and the debate over the Gillard Government's print media laws. These controversies featured rhetorical and ideological debate about the limits of free speech and the nature of human rights. The paper applies a 'subjective political economy' framework to these debates in order to trace the effect of increased perceived 'disorder costs' and 'dictatorship costs' of freedomof- speech restrictions. The paper concludes that policy change is driven by exogenous changes in perceived institutional costs. In the case of the Gillard Government's media laws, those costs were borne by the Gillard Government, and one would not expect print media laws to be a major political issue in the absence of a further exogenous shock. In the case of section 18C the revealed dictatorship costs of legislation, which includes the words 'offend' and 'insult', suggest the section 18C controversy will endure.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 23 Issue 1 - The optimal size of local government, with special
           reference to New South Wales
    • Abstract: Abelson, Peter
      The paper discusses the major criteria for determining the optimal size of local government, and advances an evidence-based critique of the New South Wales Government's program to reduce the number of local councils.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 23 Issue 1 - Reallocating Australia's Scarce Mental Health
           Resources
    • Abstract: Williams, Ruth FG; Doessel, DP
      This paper applies some simple analytical tools from the economists' toolbox to shed some light on a sleeper issue in Australia's mental health sector. The problem is that there are large numbers of people with no diagnosed mental health condition who consume mental health services. imultaneously, there are large numbers of people who have very serious mental health problems who receive no mental health services. This untreated group is often referred to as those with 'unmet need', a much-heard term. We refer to the first group as people with 'met non-need', a term hardly ever heard. Although the solution to the unmet-need problem is the oft-heard call for increased government expenditure, no attention is directed to the wasted expenditure associated with the 'met non-need' group: the met non-need issue is 'the elephant in the room'. We point to an alternative policy response; that is, a reallocation of resources from the met non-need group to the unmet need group. To achieve this, we direct focus upon a structural reform in the processes of supplying mental health services.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 23 Issue 1 - China and the Trans-Pacific Partnership Agreement:
           Misfit or missed opportunity'
    • Abstract: Ramasamy, Bala; Yeung, Matthew CH
      If it eventuates the Trans-Pacific Partnership agreement (TPP) will include major economic powerhouses like the US and Japan, but China - the elephant in the room - has been excluded. Our evaluation of how China might fare in the TPP finds that the agreement would be a poor fit at the current stage of China's economic development. Although China would gain both in terms of trade and a reform timetable, some features of this 21st‑century agreement - the assistance given to state-owned enterprises, the standards for labour rights, protection of multinationals against the state and competition laws - would be stumbling blocks in the negotiation process. Thus, being left out of the TPP is no big loss for China.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 23 Issue 1 - Real-World Economic Policy: Insights from Leading
           Australian Economists [Book Review]
    • Abstract: Majeed, Omer
      Review(s) of: Real-World Economic Policy: Insights from Leading Australian Economists, edited by Jan Libich.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 23 Issue 1 - Great Escape: Health, Wealth, and the Origins of
           Inequality, The [Book Review]
    • Abstract: Palmer, Michael
      Review(s) of: The Great Escape: Health, Wealth, and the Origins of Inequality, by Angus Deaton,

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 23 Issue 1 - Few Hares to Chase: The Life and Economics of Bill
           Phillips, A [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: A Few Hares to Chase: The Life and Economics of Bill Phillips, by Alan Bollard.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 22 Issue 1 - Editor and Editorial Committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 22 Issue 1 - Wider economic impacts in transport infrastructure
           cost-benefit analysis - A bridge too far'
    • Abstract: Dobes, Leo; Leung, Joanne
      Proponents of transport infrastructure have in recent decades sought to augment the estimated benefit of major projects beyond conventional cost-benefit analysis. Improved transport links are claimed to increase Marshallian external economies of scale; to reduce transport costs experienced by imperfectly competitive industries, and so induce them to increase their output; and to increase supply of labour, in response to lower transport costs, and thereby increase GDP and tax receipts. Estimates of the value of these three additional effects have resulted in multipliers and 'uprate factors' that appear to be applied by some government agencies to transport sector benefits calculated using conventional CBA. However, empirical estimates of these effects are likely to be exaggerated.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 22 Issue 1 - Macroeconomics and the Phillips Curve Myth [Book
           Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: Macroeconomics and the Phillips Curve Myth by James Forder, (Oxford: Oxford University Press, 2014)

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 22 Issue 1 - Whither business history' Memory, message and
           meaning
    • Abstract: Merrett, David
      I started my Bachelor of Economics at Monash University in 1963. My arrival intersected the publications of Noel Butlin's two seminal pioneering works, Australian Domestic Product (1962) and Investment in Australian Economic Development, 1861-1900 (1964). Of course, I had no idea at the time how Noel's work, and the discipline of Australian economic history he created almost single-handedly, would shape my professional life. I was one of the lucky ones who found gainful employment in the burgeoning departments of economic history that sprang up in so many universities. While I never worked at ANU, I met Noel on many occasions. All of us in the field were drawn to Canberra for conferences and seminars, and to use the wonderful collection of records at the Noel Butlin Archives Centre (NBAC).

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 22 Issue 1 - The Australian public's preferences over foreign
           investment in agriculture
    • Abstract: Laurenceson, James; Burke, Paul F; Wei, Edward
      This paper estimates a model of how the Australian public's preferences over foreign investment in agriculture are determined. The results show that the attributes of foreign investment of greatest concern to the public are not the same as those used by the foreign investment approvals regime to flag proposals for scrutiny.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 22 Issue 1 - The Curtin-Chifley origins of the Australian bank
           deposit guarantee
    • Abstract: Berg, Chris
      In 2008, the Australian government introduced a guarantee of bank deposits. However, in 1945 the Curtin-Chifley government had already introduced what it believed was an explicit bank deposit guarantee. Using archival material, this paper shows how it was understood to be a guarantee by the cabinet, Labor parliamentarians, and the Commonwealth Bank. The guarantee was an important yet almost entirely forgotten part of the Curtin-Chifley government's social reform program. This paper uncovers the origins of the perception of a deposit guarantee in this forgotten 1945 debate, the attempts by policymakers and the Commonwealth Bank to roll back those perceptions in subsequent decades, and the Rudd government's reversion to an explicit guarantee scheme in 2008.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 22 Issue 1 - Australia and the zero lower bound on interest rates:
           Some monetary policy options
    • Abstract: Trott, Declan
      This paper argues that Australia needs a contingency plan for monetary policy when interest rates hit zero, and considers various options. Level targeting appears undesirable as a long-run policy due to the lack of an appropriate target variable - prices, wages and nominal GDP all being unsuitable - but may be useful as a temporary expedient. Other possibilities include a higher inflation target and temporary exchange rate targeting.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 21 Issue 1 - Editor and Editorial Committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 21 Issue 1 - Capital in the twenty-first century: A critique of
           Thomas Piketty's political economy
    • Abstract: Potter, Michael
      Capital in the Twenty-First Century, by French economist Thomas Piketty, is a book that has come out at the right time for public intellectuals, who are taken with its story of high and growing inequality, the damage done, and the need for punitive taxes to remedy this damage. Paul Krugman (2014) declares: 'Piketty has written a truly superb book This is a book that will change both the way we think about society and the way we do economics.' While there have been many other books and articles written recently about inequality (for example, Stiglitz 2013 and Wilkinson and Pickett 2009) Piketty's book stands out in terms of the focus it has received and the sales made (See VanderMey 2014 for a detailed discussion of the success of the book).

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 21 Issue 1 - Is academic economics withering in Australia'
    • Abstract: Lodewijks, John; Stokes, Tony
      Departments of economics in Australia have not fared well recently. Many have been closed, merged or relocated, their staff made redundant while economics degrees and majors have been eliminated. This article tries to understand why academic economics appears to be withering in this country, or at least increasingly concentrated in Group of Eight (Go8) universities, and what if anything can still be done to preserve what is left.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 21 Issue 1 - Reflecting on the growth of Indigenous self-employment
    • Abstract: Hunter, Boyd
      Indigenous self-employment has increased substantially in the last two decades. Government organisations and programs that finance and support the success of Indigenous business provide one explanation for this trend. However, private-sector initiatives also have a role to play. Self-employment is a heterogeneous statistical category that conflates employers with other self-employed who do not employ other workers. Furthermore, it does not take into account the legal status of the business that the owner-manager operates within. Nevertheless, the recent growth in self-employment means that there are enough Indigenous ownermanagers in Australia that future analysis can meaningfully disaggregate census data to gain greater insights into Indigenous business.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 21 Issue 1 - The plain truth about plain packaging: An econometric
           analysis of the Australian 2011 Tobacco Plain Packaging Act
    • Abstract: Davidson, Sinclair; de Silva, Ashton
      From December 2012 standardised packaging for tobacco products - known as 'plain packaging' - has been mandatory in Australia. This paper evaluates the preliminary evidence - in the form of ABS household expenditure on tobacco data - to establish whether the policy has been successful. Despite our econometric efforts, the data refused to yield any indication this policy has been successful; there is no empirical evidence to support the notion that the plain packaging policy has resulted in lower household expenditure on tobacco than there otherwise would have been. There is some faint evidence to suggest, ceteris paribus, household expenditure on tobacco increased.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 21 Issue 1 - Paying the penalty' The high price of penalty
           rates in Australian restaurants
    • Abstract: Lewis, Phil
      As a result of decisions by numerous state and federal commissions and tribunals, most recently the Fair Work Commission, penalty rates have become an important influence on the labour market in Australia. The paper investigates how relevant are the myriad penalty rates to today's social mores and the modern service-based economy. What are the consequences of penalty rates for employment, productivity, profitability and consumer welfare' What would be the impact of their removal' A number of data sources are analysed in the context of the economics of labour markets to answer these questions. The restaurant, caf and catering industry is used as a specific example to illustrate the effects of penalty rates.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 21 Issue 1 - Douglas Copland. Scholar, Economist, Diplomat [Book
           Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: Douglas Copland. Scholar, Economist, Diplomat by Marjorie Harper

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - A final word
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - A Rejoinder to Biggar
    • Abstract: Ergas, Henry
      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - 'Why Johnny Can't Regulate': A Reply to Ergas
    • Abstract: Biggar, Daryl
      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - The Power to Tax, 33 years later
    • Abstract: Pincus, Jonathan
      The basic puzzle about the power to tax is how to limit the capacity of government to exploit taxpayers, while at the same time not overly hampering the government in going about its useful activities. Standard economics fondly believes that it is giving advice to benevolent despots as to how to collect a given target of tax revenue at the least possible harm to the size of the economic pie. The Constitutional Political Economy approach of Geoff Brennan and Jim Buchanan showed that that very same advice is exactly what the non-benevolent government wants to hear in its efforts to maximise tax revenue. Brennan and Buchanan were concerned about excessive exploitation of taxpayers in the large; standard economics is concerned with second-order small triangles of economic inefficiency; government is concerned about the size of first-order revenue rectangles: and so should we be.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - A critique of the productivity commission's
           cost-benefit analysis in the 'disability care and support' report
    • Abstract: Harrison, Mark
      In its 2011 NDIS report, the Productivity Commission rationalises its policy recommendation by means of a cost-benefit analysis, claiming that 'the benefits of the [National Disability Insurance] scheme would significantly outweigh the costs'. But methodology the PC adopts departs from conventional cost-benefit analysis in ways that understates costs, presumes the benefits, muddies policy comparisons, and jumbles equity and efficiency issues. These problems are traceable to the Commission's use of a 'distributional weights approach' to equity benefits. The 'basic needs approach' is an alternative way of dealing with equity considerations that better captures the underlying preferences of citizens and the rationale for disability care and support policies.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - Is policy too important to be left to empiricists'
           Lessons of the 2012 Nobel Prize in economics
    • Abstract: Cornes, Richard; Rodrigues-Neto, Jose A
      Fifty years ago, a paper entitled 'College Admissions and the Stability of Marriage' was published in a somewhat obscure journal, the American Mathematical Monthly (currently a 'B' journal, according to the Australian Business Deans Council). The research program and policy developments that have flowed from that abstract and apparently slight seven-page paper recently led to the award of the 2012 Nobel Prize for Economics to one of its authors, Lloyd Shapley. (Shapley's co-author, David Gale, died in 2008.) Shapley shared the Nobel Prize 'for the theory of stable allocations and the practice of market design' with US economist Alvin Roth, who has been responsible for much of the applied work that has built on Gale and Shapley's insights. The history of the path leading from the abstract Gale/Shapley insights to the design of resource allocation mechanisms in 2012 is a fascinating and instructive one for many reasons. This article tries to give the reader an idea of what this literature is about, and of the many ways in which Matching Theory has led to real improvements in the design of operational resource-allocation mechanisms.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - Stimulating savings: An analysis of cash handouts in
           Australia and the United States
    • Abstract: Davidson, Sinclair; de Silva, Ashton
      At the onset of the Global Financial Crisis governments around the world implemented fiscal stimulus packages. A key component of many of these packages was aimed at stimulating consumer spending. In Australia and the United States, for example, households received one-off cash payments. We assess the changes in the macroeconomic levels of consumption and savings of both countries coinciding with the timing of the household bonuses using an econometric time series method known as seemingly unrelated time-series equations. The results suggest that the one-off cash bonuses did not stimulate consumption. On the contrary, the evidence suggests savings was stimulated.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - Fabricating invention: The patent malfunction of
           Australian Patent Law
    • Abstract: Moir, Hazel VJ
      Despite advice to parliament that patents are granted only for 'a significant advance over what was known and what was available to the public' the evidence shows this is not the standard used. The actual standard is a scintilla a marginal difference from what is known. The consequence of such a low standard is that thousands of patents are granted for things that contribute no public benefit. Such trivial patents can impede genuinely inventive companies.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - Excellence in research for Australia: An audit of the
           applied economics rankings
    • Abstract: Davidson, Sinclair
      The Excellence in Research for Australia (ERA) Report attempts to quantify the quality of research undertaken in Australian universities in the field of 'Applied Economics'. The paper shows it is difficult to reconcile the ERA rankings with the underlying data drawn from the Scopus database. Since the ERA rankings cannot be replicated, and since the ERA process is non-transparent, its rankings should be treated with some caution.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 2 - Editor and editorial committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Richard Pomfret, The Age of Equality: The Twentieth
           Century in Economic Perspective
    • Abstract: Hatton, Tim
      Review(s) of: Richard Pomfret, The Age of Equality: The Twentieth Century in Economic Perspective (Belknap Press, 2011)

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Susan Howson, Lionel Robbins
    • Abstract: Cornish, Selwyn
      Review(s) of: Susan Howson, Lionel Robbins (Cambridge University Press, 2011)

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Beveridge and the brief life of 'Social Biology' at
           the LSE
    • Abstract: Shearmur, Jeremy
      Sir William Beveridge, 1879-1963, was a distinguished figure in the history of public policy. His 1942 report Social Insurance and Allied Services widely known as the Beveridge Report played a key role in the development of the British welfare state. He was earlier the Director (equivalent to a Vice Chancellor of a British or Australian university) of the London School of Economics. This role throws interesting light both on Beveridge himself, and on issues relating to the financial support of academic research in Britain in the 1930s.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Universities as royal courts: A fable
    • Abstract: De Frijters, Paul
      One of the stranger beasts to emerge from education reform in recent decades has been the Australian University. Though there are still about 38 of them left in the wild, they are nevertheless endangered. Indeed, their survival is threatened by self-harm which can extend as far as their taking the axe to perfectly healthy faculties and schools within their domain.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Evidence-free policy: The case of the National injury
           insurance scheme
    • Abstract: Harrison, Mark
      The Productivity Commission report 'Disability Care and Support' recommends tort liability be replaced by a compulsory, government-run, no-fault scheme. But theory and evidence indicate moving to a no-fault scheme will increase the accident rate. Even a move from non-risk-rated third-party insurance to non-risk-rated first-party insurance reduces incentives for care. A no-fault scheme is not superior to current policies; genuine reform will need to be informed by law and economics literature.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Why Johnny can't regulate: The case of natural
           monopoly
    • Abstract: Ergas, Henry
      This paper examines the difficulties inherent in regulation as a solution to market failure and, especially, to natural monopoly. It highlights the way regulation itself introduces new risks into the supply of natural monopoly services, including the risk of regulatory opportunism, and argues that delegating regulatory functions to 'independent' regulators does not in itself solve those risks.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Management of the coastal zone in Byron Bay: The
           neglect of medium-term considerations
    • Abstract: Roche, Kevin; Goodwin, Ian; McAneney, John
      This paper documents the history of coastal management in Byron Bay and its implication for the property rights of landowners and other stakeholders. It finds that, until recently, planning for an uncertain future in a warming climate has overshadowed more immediate issues. The NSW Government has recently signalled its intention to allow individual landowners the right to apply to protect their properties from erosive events, thereby removing the need for councils to invoke statewide sea-level rise projections. But these proposed changes fail to address the medium-term ( 40 years) problem, whilst promoting ad hoc coastal protection measures. This paper argues that medium-term engineering solutions, including beach nourishment to defend some residential areas, should not be ruled out a priori. Parts of the present coastline may well need to be abandoned as they become impractical and too expensive to protect, but it is argued that this time has not yet arrived.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Age bias in the Australian welfare state
    • Abstract: Tapper, Alan; Fenna, Alan; Phillimore, John
      This paper uses Australian Bureau of Statistics fiscal incidence figures to track trends across the period 1984 to 2010 in one key aspect of the Australian welfare state whether welfare policies have favoured the elderly at the expense of the young. Our three main findings are: that there has been a substantial shift over this period in favour of the elderly; that this trend has accelerated rapidly in recent years; and that as a result of this accelerated trend, elderly households today are on average well off by comparison with younger households. We see little influence of party politics or ideology on the processes we are describing.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 20 Issue 1 - Editor and editorial committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - The academy in decay
    • Abstract: Williams, Ruth FG
      Over several decades diverse strategies have been applied to increase the number of university graduates in Australia. In the 1940s, for example, the Curtin Labor government funded an increased number of scholarships, and, for the first time, women could apply for these scholarships. In the 1960s, the Liberal government under Menzies opened several new universities in outer-metropolitan localities. Funding for postgraduate scholarships was also provided by this government in order to promote research. In 1967, access to tertiary studies increased when (non-university) Colleges of Advanced Education (CAEs) were opened to provide specialist education and preparation for teaching, nursing, accountancy, and so on. In the 1970s, the Whitlam Labor government took a different stance again, abolishing fees in 1974, in a policy that remained in place for 15 years. Donald Meyers (2012) traces the genesis of another such major policy shift in higher education, when just over two decades ago an enterprising politician, John Dawkins, and an academic economist, Bruce Chapman, placed a spotlight on higher education in Australia.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - Taming volatile capital flows in emerging economies
    • Abstract: Grenville, Stephen
      Just about all economists agree that international trade in goods and services is beneficial and should be unrestricted. There is much less unanimity, however, on the benefits of international capital flows. The volatility and 'sudden stops' experienced over recent decades, especially in emerging economies, have provoked some rethinking. It is argued here that this re-think has much further to go before the analytical discussion fits the reality of capital-flow behaviour and policy comes to grips with the challenge of living with capricious capital flows. Flows to East Asian emerging economies illustrate the argument.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - Investments in fire management: Does saving lives cost
           lives'
    • Abstract: Ashe, Brian; de Oliveira, Felipe Dimer; McAneney, John
      The total cost of structural fires and bushfires in Australia was estimated at around A$18 billion in 2010, or about 1.5 per cent of GDP. This cost includes some A$16 billion devoted to managing the risk. At the same time, Australia's fire fatality rate of 0.6 per 100 000 of population, already low by international standards, has proved resistant to increasing expenditure on fire management and protection. Following a concern that this expenditure might encompass an overinvestment compared with the real risk, this paper examines the regulatory cost of this investment. Since on average poorer people have worse health outcomes, and governments or companies have no alternative but to pass on increased costs or taxes, it is possible to estimate the lives forgone, on account of an increased mortality rate, of any overinvestment. Adapting a model of Keeney (1997) for Australian conditions, we determine the Australian willingness to spend (WTS) for preventing a loss of a life in the fire space to be between A$20 and A$50 million, depending upon how these costs or taxes are imposed upon the population. If we accept, by way of example, the results of an expert elicitation (Ashe and McAneney 2011) to imply an overinvestment in fire prevention and management of the order of A$4.5 billion per annum (2010 dollars), this excess would imply between 90 and 225 extra fatalities annually. These numbers are of the same order as the annual average number of fire fatalities actually experienced. The analysis shows the importance of carefully evaluating the unintended costs of any new safety regulations and particularly in insuring that the costs are at least grosso modo in line with the purported benefits.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - The problem of road congestion: The futility of
           'avoidable cost' estimates
    • Abstract: Harrison, Mark
      The Bureau of Infrastructure, Transport and Regional Economics estimates of the costs of road congestion in Australian capital cities ($9.4 billion in 2005 and projected to more than double by 2020) are widely cited. But these projections appear to overstate the problem and provide little, if any, guidance for sound policy development. They are not measures of the net gain from introducing congestion charging. Moreover, such numbers provide no help for evaluating the net benefits of other policies to deal with congestion, such as increasing road capacity. Without efficiency-based cost-benefit analysis of all policies to deal with road congestion, governments run the risk of lowering social welfare.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - Australia's NBN: Come hell or high water
    • Abstract: Morgan, Kevin
      Are there projects of such self-evident value that they ought to be exempt from even the most rudimentary cost-benefit analysis' Seemingly so, according to the former Finance Minister Lindsay Tanner, as long as it's the National Broadband Network (NBN). In May 2009, a month after Kevin Rudd had announced the $43 billion project, when asked about the absence of a cost-benefit analysis (CBA), Tanner said: 'We had to make the clear decision that said this is the outcome we are going to achieve come hell or high water because it is of fundamental importance to the future of the Australian economy' (quoted in Martin 2010).

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - The treasury-Reserve Bank ATM taskforce report: Would
           it pass a cost-benefit analysis'
    • Abstract: Green, Hugh
      In December 2010 the Commonwealth Government announced that the Reserve Bank of Australia and the Treasury would establish a joint 'ATM Taskforce' to analyse reforms to Australia's ATM market in 2009 which aimed to improve the competition and efficiency of the market by removing interchange fees on ATM transactions, replacing them with direct charges, while at the same time improving the information given to consumers about the costs of transactions at 'foreign' ATMs.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - Treasury forecasts of company tax revenue: Back of the
           envelope or back to the drawing board'
    • Abstract: Davidson, Sinclair
      The last decade has seen Treasury make large forecast errors when forecasting company tax receipts. This paper demonstrates the source of those errors: Treasury does not model the actual company tax base but rather estimates growth rates for aggregate measures and then makes ad hoc adjustments to Gross Operating Surplus to estimate taxable income. The consequence of this forecasting strategy is that Treasury does not have a detailed understanding of the company income tax.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - The Treasury's Non-modelling of the Stimulus
    • Abstract: Humphreys, John
      In late 2008 the global financial crisis (GFC) sparked a boom in Keynesian economic commentary and activist fiscal policies. The Australian government responded with an immediate $10.4 billion 'cash-splash' to households (Commonwealth Treasury 2008), followed by a $42 billion 'Nation Building and Jobs Plan', which was to include $12.7 billion more hand-outs as well as a $28.8 billion increase in government capital investment. In total, the government 'stimulus' was estimated to be about $52 billion. If we included all discretionary government spending that happened after the GFC then the number would be far higher.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - The treasury-KPMG Econtech modelling of the excess
           burden of mining taxation: Some doubts
    • Abstract: Pincus, Jonathan
      The Commonwealth Treasury commissioned KPMG Econtech to model the efficiency of the existing Australian tax system. The report was an input to the 2010 'Henry Review' of the Australian tax system (henceforth AFTS), and proved very influential to both it and (especially) the Rudd government's response to AFTS. That response comprised proposals for a new Commonwealth tax on mining, called the Resource Super Profits Tax (RSPT); a proposal to abolish royalties; and a proposal to reduce the rate of corporate income taxation. Subsequently, Treasury commissioned a second KPMG Econtech report to model the welfare effects of that response.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - Modelling as Agit-prop: The treasury's role in
           Australia's carbon tax debate
    • Abstract: Ergas, Henry; Robson, Alex
      This paper examines the modelling undertaken by the Commonwealth Treasury of the costs of an Australian emissions trading scheme, published in 'Strong Growth, Low Pollution'. Despite its considerable technical sophistication, we argue that this modelling is primarily an exercise in propaganda: 'the systematic dissemination of selected information to promote a particular doctrine' (Oxford English Dictionary). That propaganda role determined the limited range of questions asked in the modelling, the myriad unrealistic assumptions made in answering those questions, and the limitations imposed on third-party access to the model and data.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - For a charter of modelling honesty
    • Abstract: Ergas, Henry
      In a classic discussion of mathematical models in the social sciences, the philosopher Max Black describes models as metaphors, raising the fundamental, and long-debated, question of in what sense (if any) a metaphor can be 'true' or 'false' (Black 1962). Perhaps the most sensible answer to that question is by Clarke and Primo (2012), who view models in the social sciences as similar to maps - abstractions that describe relationships between entities in a defined space. As with maps, models are to be evaluated not by their inherent resemblance (or lack of it) to 'the original field of thought', but by their fitness for purpose: whether they help us get where we want to go.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 2 - Editor and editorial committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 1 - Keynes Hayek. The clash that defined modern economics
           [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: Keynes Hayek. The clash that defined modern economics, by Nicholas Wapshott, (Scribe, 2011)

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 1 - Australia's defence: A review of the 'reviews'
    • Abstract: Ergas, Henry
      The Australian Defence Force is held in high regard; the Department of Defence is not. Longstanding concerns about inefficiency, compounded by a succession of fiascos and bungles, have entrenched the perception that Defence is poorly managed. Earlier attempts at reform have yielded mixed, often disappointing, results (see Ergas and Thomson 2011), and the years since 2009 have seen a series of reviews aimed at improving performance, culminating in 22 defence-related reviews in 2011-12 alone.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 1 - Paved with good intentions: The road home and the
           irreducible minimum of homelessness in Australia
    • Abstract: Johns, Gary
      Despite public interest and public inquiries as long ago as the 1989 Human Rights Commission and the consequent increase in funding by the Hawke and subsequent governments, the 2006 rate of homelessness in Australia was 32 per 10 000, only marginally better than the 34.8 per 10 000 of 2001. This article explores the reasons for the apparent failure to fulfil past promises and the weaknesses in current strategy. It argues for an explicit policy framework containing the assumption that there is an irreducible level of homelessness, and that there should be an assessment of the cost-effectiveness, probability of success and timeliness of each known remedy, in order to achieve the irreducible level.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 1 - Citations as a measure of the research outputs of New
           Zealand's economics departments: The problem of 'long and variable lags'
    • Abstract: Tressler, John; Anderson, David L
      The paper explores the merits of utilising citation counts to measure research output in economics in the context of a nationwide research evaluation scheme: the New Zealand Performance-Based Research Fund (PBRF). Citations were collected for all refereed papers produced by New Zealand's academic economists over the period 2000 to 2008, and used to estimate the time-lags in between publication and the flow of citations; to demonstrate the impact of alternative definitions of 'economics-relevant' journals on citation counts; and to assess the impact of citation measures on departmental and individual performance. We conclude that under certain scenarios around 60 per cent of papers received no citations over the period. Our findings suggest that the time-lags between publication and citation make it difficult to rely on citation counts to produce a meaningful measure of output in a PBRF-like research-evaluation framework, especially one based on the assessment of individual academics.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 1 - Australia's 2009 ATM reforms: Transparency for
           transparency's sake
    • Abstract: Green, Hugh
      This paper reviews the effectiveness of the reforms to the Australian ATM of early 2009. Data indicate that consumers have acted on the more transparent display of fees by shifting their transactions towards fee-free ATMs provided by their own financial institution, thereby reducing the fees they pay, at the cost of added travel costs. But although consumer surplus has increased, the overall result has been a less-efficient use of the ATM network: banks have lost the whole fall in fee revenue, while consumers have gained only the fee saving, less the extra travel costs. Further, the promise of lower fees did not eventuate, and there was no significant increase in availability of ATMs. Nonetheless, the reforms have been hailed as a success because of the increased pricing transparency in the market. This paper questions the worth of increased transparency when prices are inefficient and welfare loss is the consequence.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 19 Issue 1 - Editor and editorial committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - Famous figures and diagrams in economics [Book Review]
    • Abstract: Breunig, Robert
      Review(s) of: Famous figures and diagrams in economics, by Mark Blaug and Peter Lloyd (eds), (Edward Elgar, 2010)

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - A three-cornered life: The historian W. K. Hancock
           [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: A three-cornered life: The historian W. K. Hancock, by Jim Davidson, (University of New South Wales press, 2010)

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - The Australian conference of economists at 40: The
           state it's in
    • Abstract: Millmow, Alex
      It was 1970. It was the Age of Aquarius. The Boeing 747 was introduced into intercontinental service. In Australia, the Federal Treasurer, Les Bury, began to notice that inflation and unemployment were rising simultaneously. And Australian students began studying economics using a localised adaptation of Samuelson's classic textbook.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - A defence of contemporary economics: 'Zombie
           economics' in review
    • Abstract: Williamson, Stephen D
      John Quiggin wants what fundamentally all economists want. He would like to make society better off. Of course, economists differ over how that goal should be accomplished. Quiggin thinks that society would be better off if income and wealth were redistributed from the currently rich to the currently poor, if there were a larger role for the government, and if fluctuations in aggregate employment were mitigated or eliminated entirely.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - More guns without less butter: improving Australian
           defence efficiency
    • Abstract: Ergas, Henry; Thomson, Mark
      Defence outlays amount to 1.8 per cent of Australia's GDP. Nonetheless, the processes by which those amounts are allocated, and the efficiency with which they are used, have received very little attention outside of the defence sector itself. This paper identifies the major issues involved in securing efficiency in defence expenditure and surveys efforts to ensure that the Australian defence establishment makes good use of public resources. Recommendations are made regarding the operation of the Department of Defence and the scrutiny of crucial defence decisions.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - Economics, economists and public policy in Australia
    • Abstract: Banks, Gary
      The topic for this Symposium, 'Does Australian public policy get the economics it deserves'' has been partitioned into two questions. One asks whether public policy gets the economics it needs. The other, no doubt inspired by Alexis de Tocqueville's famous observation about people and their elected governments, is whether Australian economics gets the public policy it deserves.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - Appraising the ACCC's Caltex-Mobil decision: An
           alternative measure of competition based on networks
    • Abstract: Bloch, Harry; Wills-Johnson, Nick
      On 2nd December 2009, the Australian Competition and Consumer Commission (ACCC) announced its intention to oppose the acquisition of Mobil's Australian retail assets by Caltex, based in part on an assessment of the adverse competition effects in some local markets. The proposed merger was subsequently abandoned. The ACCC assessment was based on a standard structural measure of competition, the proportion of petrol stations within each local market that would become controlled by Caltex following such a merger. This paper applies an alternative concept of competition based on the position of each station within a network. Application of the alternative concept to the Perth market, which was excluded from the ACCC analysis, suggests a greater anti-competitive effect from the Caltex-Mobil merger than indicated by application of the standard structural measure of competition.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 3 - Editor and Editorial Committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 2 - The introduction of ex-ante risk equalisation in the
           Australian private health insurance market: A first step
    • Abstract: Paolucci, Francesco; Shmueli, Amir
      In April 2007, the 'Reinsurance' arrangements in place since 1956 were replaced by a 'Risk Equalisation' scheme in the Australian private health insurance market. However, the new arrangements maintained a de facto ex-post (retrospective) claims-equalisation scheme. Equalisation transfers across competing health insurers could instead be achieved by means of a system of ex-ante prospective risk-adjusted subsidies with higher incentives for efficiency and lower incentives for selection compared to ex-post claims equalisation. This paper examines the option of introducing demographic scales for ex-ante (prospective) risk equalisation and its implications on the actual financial transfers (that is, risk-adjusted subsidies flows) across funds. The findings of this paper serve as an information basis for future policies aiming at improving efficiency and preventing selection in the Australian private health insurance market.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 2 - Removing duplication in public/private health
           insurance in Australia: Opting out with risk-adjusted subsidies'
    • Abstract: Paolucci, Francesco; Butler, James RG; van de Ven, Wynand PMM
      Australia's existing health-financing arrangements lead to partial duplication in coverage for private health insurance (PHI) holders. The two options to remove duplication are: 1) allowing individuals to 'opt out' from Medicare either (a) by purchasing PHI or (b) by self-insuring via medical savings accounts or other pre-payment arrangements; 2) confining PHI to the coverage of supplementary services. This paper argues in favour of Option 1(a), and argues that from an efficiency perspective PHI should be fully substitutive of Medicare coverage (that is, 'opting out' should be allowed); community rating should be replaced by premium bands; and the 30-40 per cent ad valorem subsidy for PHI should be replaced by ex-ante risk-adjusted subsidies.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 2 - The analytics of the Australian private health
           insurance rebate and the Medicare levy surcharge
    • Abstract: Robson, Alex; Ergas, Henry; Paolucci, Francesco
      This paper presents an analytical framework for examining changes in the Private Health Insurance rebate (PHIR) and the Medicare Levy Surcharge (MLS), and uses it to establish three key propositions. First, increases in the MLS rate tend to reduce the elasticity of demand for private health insurance. Second, simultaneously increasing MLS rates and thresholds has a theoretically ambiguous effect on PHI take-up rates. Third, means testing the PHIR can never increase PHI take-up, and will reduce it in some circumstances. The paper concludes with a discussion of the possible consequences of recently proposed policy changes to private health insurance in Australia.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 2 - Prevention no cure: A critique of the report of
           Australia's national preventative health Taskforce
    • Abstract: Harrison, Mark; Robson, Alex
      Australia's National Preventative Health Taskforce baulks at the economic approach to public policy that weighs up costs and benefits, and instead adopts a 'healthist' perspective, with an open-ended and unconditional commitment to maximising health and a jumbling of private and external costs. The result is to overstate the benefits, and ignore the costs, of proposed policies. While this is predictable given the interests and agenda of preventative health advocates, it is not desirable. Not only is the economic approach mandated for regulatory reform, it has a number of advantages in determining the likely effects of policies and identifying unintended consequences. Although the Taskforce emphasises the irrationality of consumers, it is not clear whether a preventative health bureaucracy will improve the efficiency of health spending.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 2 - The platypus economist
    • Abstract: Crampton, Eric
      A good health economist is a bit like a platypus, or at least so-says a health economist colleague of mine. The friendly beast must combine a clinician's medical knowledge with an economist's techniques, both theoretical and empirical, and a bureaucrat's understanding of the administrative structures within which policy operates. Perhaps the health economist's empirical techniques are not as refined as the theoretical econometrician's, just as the platypus's fur is perhaps not quite as soft as that of a kitten, but it does a good job of combining a set of characteristics that are normally not found in one place. Unfortunately, health policy instead seems set by a chimera that rather seems to have taken the design specifications for the platypus and decided that the kitten should in fact provide the beak and the duck provide the fur: we too often find combined the clinician's goal of health care, as maximand; the economics undergraduate's captivation by partial equilibrium and neglect of general equilibrium; and the bureaucrat's inadequate respect for methodological individualism. The papers in this Agenda Special Issue on health economics work to bring more standard economic method back into health policy analysis.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 2 - Editor and Editorial Committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - Quiet Alf
    • Abstract: Wells, Graeme
      The life, works and contributions of the well-known economist, Alf Hagger, are discussed. He is known to be one of the most significant people, responsible for the start of the post-war quantitative revolution in Australia.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - The Peculiar Economics of Government Policy Towards
           Sport
    • Abstract: Pomfret, Richard; Wilson, John K
      Professional team sports enjoy subsidies from government, as well as regulatory exemption from standards that apply to other sectors of the economy. The Australian sports economics literature has, however, focused on competitive balance, with few studies examining government policies. This paper examines government policies such as subsidies, mega-event bidding, salary caps and player draft systems. We argue that the peculiar nature of professional sports provides some justification for such distinctive government policies. However, there is need for greater transparency, better-directed funding, and genuine public debate on some of these policies to enable considered evaluation of their benefits and costs.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - New Technologies in Higher Education: Lower Attendance
           and Worse Learning Outcomes'
    • Abstract: Gomis-Porqueras, Pedro; Meinecke, Jurgen; Rodrigues-Neto, Jose A
      This paper explores the incentives offered to students and instructors by new technologies that grant access to online class materials. We examine the consequences for attendance and composition of live lectures and argue that new technologies reduce attendance, and very likely reduce it differentially.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - Trends in Emissions across the States of Australia
           1998-99 to 2007-08: A Shift-share Analysis
    • Abstract: Jayanthakumaran, Kankesu; Liu, Ying
      This paper reviews structural changes in emissions of sulphur dioxide (SO2), nitrogen oxide (NOx), carbon monoxide (CO) and particulate matter (PM) in eight Australian states and territories over the period 1998-99 to 2007-08. A shift-share analysis decomposes the changes of an emission between these two periods into parts ( a national-share component, an industry-mix component and a state-shift component) in order to account for the ecological competitiveness of the states and territories. The results suggest that the changes in state emissions have been substantial, and tend to reflect national, industry and regional policy changes.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - The Benefits (and Costs) of Foresight and Hindsight in
           Macro Policy Formulation
    • Abstract: Stapledon, Nigel
      This paper looks at the difficulties for fiscal and monetary policy posed by the inherent uncertainty of the economic outlook. It contrasts the excessive optimism of policymakers in the approach to the 1989-91 recession with the excessive pessimism of the outlook in Australia in 2008.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - An Accelerator Tied to a Brake: Fiscal Stimulus under
           a Floating Exchange Rate
    • Abstract: Valentine, Tom
      This paper examines the widely accepted proposition that the fiscal stimulus saved Australia from the worst effects of the Global Financial Crisis (GFC). It presents theoretical and empirical arguments supporting the view that fiscal stimulus is ineffective in a floating exchange-rate regime. It underlines this by comparing Australia's experiences in the East Asian Crisis of 1997 and the GFC of 2008-09. It concludes that a depreciating exchange rate protected the Australian economy in the 1997 crisis, but was prevented from doing so in the 2008-09 crisis by the fiscal stimulus.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - China's Fiscal Stimulus and the Recession Australia
           Never Had: Is a Growth Slowdown Now Inevitable'
    • Abstract: Day, Creina
      China's timely and well-targeted two-year fiscal stimulus was particularly effective in stimulating growth in Australia's commodity exports. Using a constructed series of export volumes to China, this paper finds that the post-stimulus GDP growth contribution from export volumes to China is significant. Had growth in export volumes to China been commensurate with pre-stimulus rates, Australia would have experienced three consecutive quarters of negative real GDP growth - a technical recession. China's gradual and uniquely revenue-based unwinding of fiscal stimulus reduces the risk to Australia of an imminent growth slowdown.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - In the Long Run, the Multiplier Is Dead: Lessons from
           a Simulation
    • Abstract: Guest, Ross; Makin, Anthony J
      This paper re-examines the significance of the fiscal multiplier from an inter-temporal perspective using simulation results derived from a standard overlapping-generations framework. It reveals that even if fiscal stimulus in the form of extra public consumption spending is assumed to increased output and employment in the short run, the negative medium to long-term consequences of the stimulus will ultimately exceed, in present-value terms, the short-term macroeconomic benefits of that stimulus. This is due to the interest rate and tax effects of the stimulus-induced budget deficit which lowers future private investment, household consumption, and labour supply.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - Stimulusgate
    • Abstract: Davidson, Sinclair
      The Australian government's 2010 Budget Papers present econometric evidence that purports to show a positive and 'highly statistically significant' relationship between the size of stimulus spending and subsequent economic growth in a sub-set of G20 countries. The analysis concluded that those countries, such as Australia, that adopted early and large fiscal stimulus packages had subsequently outperformed those that had not done so. This analysis, however, turns on an untenable and substantial truncation of the available sample, and suggests a failure of quality-control processes with Treasury.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 18 Issue 1 - Editor and Editorial Committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 2 - Life and LSE [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: Life and LSE, by Roger Alford, (Book Guild Publishing, 2009). Includes footnotes.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 2 - Keynes on the Wireless [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: Keynes on the Wireless, by Donald Moggridge (ed.), (Palgrave Macmillan, 2010).

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 2 - An Economic Unravelling of the Precautionary
           Principle: The Queensland Wild Rivers Act 2005
    • Abstract: Iles, Stephen; Johns, Gary
      The paper assesses the application of the precautionary principle in the Queensland Wild Rivers Act 2005. It finds that the Act is more restrictive than the ecologically sustainable development principles as conceived, and deployed, by the Queensland Government elsewhere. At the same time the Act is injurious to property rights, unnecessarily restricts future development options, and does not allow for assessments of non-environmental values or the cost of options forgone. As a result the Act has severe consequences for the Cape York economy and increases the risk of perverse consequences for the environment.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 2 - The High Cost of Taxi Regulation, with Special
           Reference to Sydney
    • Abstract: Abelson, Peter
      Numerous regulations govern entry, industry structure, service quality and prices for the Sydney taxi industry. The paper finds few efficiency or social reasons for these regulations and taxi performance is poor. On plausible assumptions, the net benefits from unrestricted entry into the Sydney taxi industry are in the order of $265 million per annum. The productivity and service benefits of reforming entry would be greater if accompanied by reform of the anti-competitive control of the taxi radio networks over all taxi operators.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 2 - How to Increase the Cost-effectiveness of Water Reform
           and Environmental Flows in the Murray-Darling Basin
    • Abstract: Grafton, RQuentin
      The paper reviews the $12.9 billion Water for the Future package in the Murray-Darling Basin from the perspective of cost-effectiveness and assesses the possible losses to irrigators from reduced diversions to achieve desired environmental-flow regimes. It argues that combining the $3.1 billion allocated to buying water entitlements with the $5.8 billion targeted by Water for the Future for water infrastructure subsidies into a purchase of water entitlements from willing sellers would maximise the water acquired for the environment per dollar of expenditure, provide greater assistance to holders of water entitlements, and reduce the expected gap between average water diversions for agriculture and sustainable diversion limits.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 2 - Did Australia's Fiscal Stimulus Counter
           Recession': Evidence from the National Accounts
    • Abstract: Makin, Anthony J
      A close scrutiny of the pattern of aggregate expenditure recorded in the Australian national accounts reveals it was the behaviour of exports and imports, and not increased fiscal activity, that was primarily responsible for offsetting the fall in private investment due to the Global Financial Crisis. The examination of a broad set of national income and employment indicators suggests that the Australian economy most likely did not avoid a recession, even though it was a relatively mild one by past standards.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 2 - Editor and Editorial Committee
    • PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 1 - Immigrants: Your Country Needs Them [Book Review]
    • Abstract: Pollock, Matthew
      Review(s) of: Immigrants: Your Country Needs Them, by Philippe Legrain, Little Brown Book Group, 2006.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 1 - A History of Central Banking in Great Britain and the
           United States [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: A History of Central Banking in Great Britain and the United States, by John H. Wood, Cambridge University Press, 2009.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 1 - Educating for Business, Public Service and the Social
           Sciences: A History of Economics at the University of Sydney 1920-1999
           [Book Review]
    • Abstract: Cornish, Selwyn
      Review(s) of: Educating for Business, Public Service and the Social Sciences: A History of Economics at the University of Sydney 1920-1999, by Peter Groenewegen, Sydney University Press, 2009.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 1 - Yegor Gaidar: Pragmatic Economist or Romantic
           Revolutionary'
    • Abstract: Kazakevitch, Gennadi
      The divided public opinion with regards to renowned Russian economist Yegor Gaidar, on his life and influence is discussed. Gaidar's role in contemporary Russia beyond partisan debate is highlighted.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
  • Volume 17 Issue 1 - Beauty ≠ Truth': Thoughts on Krugman's 'How
           Did Economists Get It So Wrong''
    • Abstract: Quiggin, John
      Some of the different views and opinions regarding Paul Krugman's 'How did economists get it so wrong'' are discussed. The changes that need to be incorporated into the dynamic stochastic general equilibrium (DSGE) models to ensure better predictive capacity are highlighted.

      PubDate: Thu, 2 Nov 2017 11:47:19 GMT
       
 
 
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