Expenditure costs

Project Status: Archive
People Involved: Bruce Bradbury
Research Areas: Measures of Social Inequality & Wellbeing
Funding Agency: Australian Government Department of Families, Housing, Community Services and Indigenous Affairs

Expenditure costs are an important factor influencing demographic and labour market decisions as well as being directly relevant to particular policy areas such as child support. The general question asked in this project was how much the income (or total expenditure) of a household would have to increase in order to maintain the living standards of the household members when some hypothetical change occurs. (Reductions in costs can be similarly modelled). Potential changes might include increases in the number of adults or children, the disability or impairment of household members, separation or widowhood, employment or job search etc. The concept of costs and living standards are usually restricted to items associated with consumer expenditures (rather than time costs), though it is possible in principle to include time costs in this framework (Bradbury, 2004).