References
[1] Auerbach, A. J., & Kotlikoff, L. J. 1987. Dynamic Fiscal Policy. New York, NY, USA: Cam-
bridge University Press.
[2] Buddelmeyer, H., Lee, W. S., Wooden, M. & Vu, H. 2007. Low Pay Dynamics: Do Low-
Paid Jobs Lead to Increased Earnings and Lower Welfare Dependency Over Time. Melbourne
Institute of Applied Economic and Social Research
[3] Cho, S.W., & Sane, R. 2011. Means-tested Age Pension and Homeownership: Is There a Link?
Macroeconomic Dynamics, 17, 1281 - 1310.
[4] Conesa, J. C., Kitao, S., Krueger, D. 2009. Taxing capital? Not a bad idea after all!. American
Economic Review 99, 25-48.
[5] Greenville, J., Pobke, C., & Rogers, N. 2013. Trends in the Distribution of Income in Australia.
Productivity Commission Staff Working Paper
[6] Hockey J.B. Cormann, M., Budget Strategy and Outlook: Budget Paper No. 1, Budget 2014-
15, Commonwealth of Australia, Canberra
[7] Huggett, M., & Ventura, G. 1999. On the distributional effects of social security reform. Review
of Economic Dynamics, 2, 498-531.
[8] Huggett, M., & Parra, J. C. 2010. How Well Does the U.S. Social Insurance System Provide
Social Insurance? Journal of Political Economy, 1, 76-112.
[9] Imrohoroglu, A., Imrohoroglu, S., & Joines, D. H. 1995. A life cycly analysis of social security.
Economic Theory, 6, 83-114.
[10] King, R. G., Plosser, C. I., & Rebelo, S. 2002. Production, Growth, and Business Cycles:
Technical Appendix. Computational Economics, 20, 87-116.
[11] Kudrna, G., & Woodland, A. 2011. An Intertemporal General Equilibrium Analysis of the
Australian Age Pension Means Test. Journal of Macroeconomics 33, 61-79.
[12] Kumru, C., & Piggott, J. 2009. Should Public Retirement Provision Be Means-tested? ABS
Research Paper No. 2009 AIPAR 01.
[13] Kumru, C., & Thanopoulos, A. C. 2011. Social security reform with self-control preferences.
Journal of Public Economics 95, 886-899.
[14] Sefton, J., & van de Ven, J. 2009. Optimal design of means-tested retirement benefits. The
Economic Journal, 119, 461-481.
[15] Tauchen, G., & Hussey, R. 1991. Quadratic-Based Methods for Obtaining Approximate Solu-
tions to Nonlinear Asset Pricing Models. Econometrica 59, 371-396
[16] Tran, C., & Woodland, A. 2014. Trade-Offs in Means Tested Pension Design. Journal of
Economic Dynamics adn Control 47, 72-93.
21