income - Economics Students Society of Australia

income

A collection of 7 posts

The story of the real Australian economy

australian economy

The story of the real Australian economy

In a four part series titled ‘The Story of the Real Australian Economy’, Benjamin Wee seeks to tell the narrative of Australia’s current economic position and the issues facing the country in a seemingly uncertain future. The series will analyse the structural makeup of the economy and the detail

Hollywood's cinematic supremacy

Hollywood's cinematic supremacy

ESSA presents some facts and figures to investigate whether Hollywood’s perceived dominance holds on all fronts of film production and sales.

The minimum wage debate

bipartisan policy

The minimum wage debate

The minimum wage is one of the most controversial topics in economics, so it comes as no surprise that debate regarding this topic has once again ignited in America after President Obama recently called for hikes in America’s minimum wage. While the intent of this action is to assist

Editors' Picks - October 27, 2013

Editors' Picks - October 27, 2013

This week in Editor’s Picks we take a look at the real relationship between GDP and happiness, a student movement to challenge contemporary economic theory, student migration, cash payments to alleviate poverty and the impact of uncertainty on markets. Growth, what is it good for if it brings little

Exec pay in Australia - do the rich get richer?

Exec pay in Australia - do the rich get richer?

When the Productivity Commission reported in 2009 that average chief executive pay tripled from 1993 to 2009, you could have been forgiven for shrugging your shoulders and moving on. What else is new? The rich get richer and the poor get poorer, right? Well, no. At least, not all the

economic disincentive

A Fine Point

Edwina Economist is driving to an important meeting with her boss to discuss the prospects of her promotion. She is confident that she will get the promotion if she is punctual and relaxed. Unfortunately, she is running behind schedule. Edwina entertains the thought of speeding to 100km/h along a

Downing Lecture 2012 – GFC and Household Incomes

Downing Lecture

Downing Lecture 2012 – GFC and Household Incomes

I attended my first Downing Lecture on Thursday night, and heard a fascinating speech by Professor John Micklewright, a research fellow from the Melbourne Institute. It was an interesting account on how the GFC had affected household incomes and income distribution across OECD countries. This blogpost will focus only on