The question of whether higher-lifetime income households save a larger fraction of their income was the subject of much debate in the 1950s and 1960s, and while not resolved, it remains central to the evaluation of tax and macroeconomic policies. We resolve this longstanding question using new empirical methods applied to the Panel Study of…

Changes in the Australian taxation system are discussed in reference to two central issues: (1) achieving horizontal and vertical equity within the tax-transfer system; and (2) interrelating taxation and social security systems. Horizontal equity embodies the principle that those in similar economic circumstances should pay the same levels of…

Examines the Social Security benefit inequities between male and female workers and between one- and two-earner families and traces the cause of such disparities. Discusses the evolution of today's Social Security System and presents two proposals for a possible reform of the system. (CT)

This report discusses trends in the way Australian families are forming and re-forming, factors determining families' access to income, and proposals regarding reform of the income transfer system. The current shape of families in Australia is described in terms of a shift to marriage at a later age; leaving-home behavior of young people; the…