Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State
Peter Whiteford
Australia has been subject to wide-ranging economic reforms. Inequality increased between the 1980s and mid-1990s, mainly reflecting poor labour market outcomes. Household incomes grew slowly, although the tax and social security systems became more effective at reducing inequality. Then up to 2008, real household incomes grew at the second highest rate in the OECD, with a median household being more than 50 per cent better off at the end of the period. But the richest households did even better and inequality increased at a more rapid rate; this reflected large increases in capital incomes concentrated among high income groups, reinforced by developments in the tax and social security system that reduced their effectiveness in combating inequality trends. The social impacts of rising inequality show complex patterns and arguably deteriorated more in the earlier period of slow income growth and some may have improved in the period of rising inequality.
Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences
B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst
https://doi.org/10.1093/acprof:oso/9780199687428.003.0003
10.1093/acprof:oso/9780199687428.003.0003
Dive into the research topics of 'Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State'. Together they form a unique fingerprint.
Welfare State Business & Economics 100%
Prosperity Business & Economics 88%
Social Security System Business & Economics 36%
Household Income Business & Economics 27%
Organisation for Economic Cooperation and Development Business & Economics 21%
Tax Business & Economics 19%
Economic Reform Business & Economics 18%
Whiteford, P. (2014). Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State. In B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst (Ed.), Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences (1st ed., pp. 48-70). Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199687428.003.0003
Whiteford, Peter. / Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State. Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences. editor / B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst. 1st. ed. Oxford : Oxford University Press, 2014. pp. 48-70
@inbook{681a33c4fc0b45b4831b3cf5329bfb0f,
title = "Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State",
abstract = "Australia has been subject to wide-ranging economic reforms. Inequality increased between the 1980s and mid-1990s, mainly reflecting poor labour market outcomes. Household incomes grew slowly, although the tax and social security systems became more effective at reducing inequality. Then up to 2008, real household incomes grew at the second highest rate in the OECD, with a median household being more than 50 per cent better off at the end of the period. But the richest households did even better and inequality increased at a more rapid rate; this reflected large increases in capital incomes concentrated among high income groups, reinforced by developments in the tax and social security system that reduced their effectiveness in combating inequality trends. The social impacts of rising inequality show complex patterns and arguably deteriorated more in the earlier period of slow income growth and some may have improved in the period of rising inequality.",
author = "Peter Whiteford",
doi = "10.1093/acprof:oso/9780199687428.003.0003",
editor = "{B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst}",
booktitle = "Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences",
edition = "1st",
Whiteford, P 2014, Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State. in B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst (ed.), Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences. 1st edn, Oxford University Press, Oxford, pp. 48-70. https://doi.org/10.1093/acprof:oso/9780199687428.003.0003
Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State. / Whiteford, Peter.
Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences. ed. / B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst. 1st. ed. Oxford : Oxford University Press, 2014. p. 48-70.
T1 - Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State
AU - Whiteford, Peter
N2 - Australia has been subject to wide-ranging economic reforms. Inequality increased between the 1980s and mid-1990s, mainly reflecting poor labour market outcomes. Household incomes grew slowly, although the tax and social security systems became more effective at reducing inequality. Then up to 2008, real household incomes grew at the second highest rate in the OECD, with a median household being more than 50 per cent better off at the end of the period. But the richest households did even better and inequality increased at a more rapid rate; this reflected large increases in capital incomes concentrated among high income groups, reinforced by developments in the tax and social security system that reduced their effectiveness in combating inequality trends. The social impacts of rising inequality show complex patterns and arguably deteriorated more in the earlier period of slow income growth and some may have improved in the period of rising inequality.
AB - Australia has been subject to wide-ranging economic reforms. Inequality increased between the 1980s and mid-1990s, mainly reflecting poor labour market outcomes. Household incomes grew slowly, although the tax and social security systems became more effective at reducing inequality. Then up to 2008, real household incomes grew at the second highest rate in the OECD, with a median household being more than 50 per cent better off at the end of the period. But the richest households did even better and inequality increased at a more rapid rate; this reflected large increases in capital incomes concentrated among high income groups, reinforced by developments in the tax and social security system that reduced their effectiveness in combating inequality trends. The social impacts of rising inequality show complex patterns and arguably deteriorated more in the earlier period of slow income growth and some may have improved in the period of rising inequality.
U2 - 10.1093/acprof:oso/9780199687428.003.0003
DO - 10.1093/acprof:oso/9780199687428.003.0003
BT - Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences
A2 - B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst, null
PB - Oxford University Press
CY - Oxford
Whiteford P. Australia: Inequality and Prosperity and their Impacts in a Radical Welfare State. In B Nolan, W Salverda, D Checchi, I Marx, A McKnight, I G Toth, H Werfhorst, editor, Changing Inequalities and Societal Impacts in Rich Countries: Thirty Countries' Experiences. 1st ed. Oxford: Oxford University Press. 2014. p. 48-70 https://doi.org/10.1093/acprof:oso/9780199687428.003.0003