- Melbourne Institute of Applied Economic and Social Research - Research Publications
Melbourne Institute of Applied Economic and Social Research - Research Publications
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ItemThe changing socio-demographic composition of poverty in Australia: 1982 to 2004Wilkins, R (WILEY, 2007-06-01)
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ItemThe dynamics of income poverty in Australia: Evidence from the First Three Waves of the HILDA SurveyHEADEY, BW ; MARKS, G ; WOODEN, MP (Australia Council of Social Service, 2005)
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ItemPet dogs benefit owners' health: A 'natural experiment' in ChinaHeadey, B ; Na, F ; Zheng, R (SPRINGER, 2008-07-01)
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ItemPoverty is low consumption and low wealth, not just low incomeHeadey, B (SPRINGER, 2008-10-01)
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ItemMoney does not buy happiness: Or does it? A reassessment based on the combined effects of wealth, income and consumptionHeadey, B ; Muffels, R ; Wooden, M (SPRINGER, 2008-05-01)
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ItemPets and human health in Germany and Australia: National longitudinal resultsHeadey, B ; Grabka, MM (SPRINGER, 2007-01-01)
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ItemFemale breadwinner families: their existence, persistence and sourcesWOODEN, MP ; BLACK, DJ ; DRAGO, R ( 2005)
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ItemHousehold wealth in Australia: its components, distribution and correlatesMARKS, G ; HEADEY, BW ; WOODEN, MP (Sage Publications, 2005)Using data from the second wave of the Household, Income and Labour Dynamics in Australia (HILDA) Survey, conducted in 2002, this article provides information on the composition, distribution and correlates of the wealth holdings of Australian households. The survey results indicate that Australian households have an average net worth (or wealth) of just over A$400,000, comprising assets of $473,000 and debts of $68,000. The largest component of wealth is home equity. The degree of inequality across households in wealth inequality is found to be much larger than the inequality in income and varies substantially with age and, to a lesser extent, with household type and education. Age, socio-economic background, educational attainment, marital status and the number of children can account for about 30 percent of the variation across households in (logged) wealth.