Australian Trends in Wealth Inequality

ISBN-13: 9783639072563 / Angielski / Miękka / 2008 / 212 str.

Simon Kelly

Opis

The distribution of economic wellbeing is a key indicator of a society and is a function of inequalities in income, wealth and consumption. However, almost all studies have relied upon income as the sole measure of economic wellbeing. The omission of wealth overlooks that wealth provides security, freedom and power. These features are not captured by income alone. This book attempts to enhance our understanding of the distribution of economic wellbeing and inequality in Australia by using wealth as the measure. It provides trends and estimates of the level and inequality of wealth in Australia at the current time. It estimates future wealth inequality. Finally, it provides some insights into a number of wealth-related social policy questions. The author is able to these very detailed projections through the use of a technique not previously employed in Australia to estimate wealth - dynamic microsimulation. This book should be especially useful to microsimulation modellers, social policy researchers, those with an interest in the economic impact of an ageing population, or anyone interested in trends in wealth inequality.

O autorze

Kelly Simon Dr Kelly is an A Professor at NATSEM, University of Canberra and has his own research firm. He is a leading authority on wealth and retirement incomes and has consulted to the Chinese, Thai and Australian governments. He is currently working with NATSEM to develop a new microsimulation model for the Australian Government. He has a PhD, MSc & BSc.