Bayesian analysis of individual decisions in health and labour economics. This project aims to exploit emerging Bayesian Markov chain Monte Carlo methods to develop new approaches to modelling economic decision making. These methods will generate insights into two current and important policy debates. This includes (i) marijuana, alcohol and tobacco use and legalisation of marijuana use; and (ii) parental leave policies, maternity leave decisions and mothers' labour market dynamics. Although p ....Bayesian analysis of individual decisions in health and labour economics. This project aims to exploit emerging Bayesian Markov chain Monte Carlo methods to develop new approaches to modelling economic decision making. These methods will generate insights into two current and important policy debates. This includes (i) marijuana, alcohol and tobacco use and legalisation of marijuana use; and (ii) parental leave policies, maternity leave decisions and mothers' labour market dynamics. Although policies play an important role in observed health and labour market behaviours, their exact effects on individuals' decisions and outcomes are often difficult to quantify due to the complex nature of the decision process. Outcomes from the project will include new evidence of changes in substance uses under different legal scenarios and provide benefits such as yielding vital evidence on labour market and health behaviour impacts to support policy makers and strengthen Australia's research capacity in Bayesian analysis.Read moreRead less
Incentives and performance in the health care system. Changes in financial incentives for health care providers will have direct effects on their behaviour, which in turn influences patients' health outcomes, quality of care, and access to health care for the population. The research will provide a richer understanding of the effects of incentives, and will influence policy on the design of incentives for health care providers in Australia. Changes in incentives will ensure patients receive mo ....Incentives and performance in the health care system. Changes in financial incentives for health care providers will have direct effects on their behaviour, which in turn influences patients' health outcomes, quality of care, and access to health care for the population. The research will provide a richer understanding of the effects of incentives, and will influence policy on the design of incentives for health care providers in Australia. Changes in incentives will ensure patients receive more appropriate, higher quality, and less costly health care, in the most appropriate settings, and delivered by the most appropriate health care providers. This will have direct effects on population health and well-being and the capacity of individuals to lead healthy and productive lives.Read moreRead less
Monetary and Fiscal Policy under Imperfect Knowledge. This project lays out an agenda exploring the consequences of imperfect knowledge for macroeconomic dynamics and stabilisation policy. Learning dynamics are central to understanding aggregate fluctuations in periods during which agents have limited information about their environment, as has been the case during and after the Global Financial Crisis. The agenda comprises two lines of inquiry. The first develops theoretical issues relating to ....Monetary and Fiscal Policy under Imperfect Knowledge. This project lays out an agenda exploring the consequences of imperfect knowledge for macroeconomic dynamics and stabilisation policy. Learning dynamics are central to understanding aggregate fluctuations in periods during which agents have limited information about their environment, as has been the case during and after the Global Financial Crisis. The agenda comprises two lines of inquiry. The first develops theoretical issues relating to the design and implementation of monetary and fiscal policy under imperfect knowledge. The second adduces empirical evidence on the classes of possible beliefs that any macroeconomic model should account for.Read moreRead less
Rethinking diversity and inclusion practices in leadership roles. This project aims to study the lack of racial and gender diversity in management and leadership roles. The noticeable imbalances question the functioning of the meritocracy principle and may lead to organisational and social vulnerabilities. This project will apply large-scale field experiments with major organisations to investigate how workplace diversity and inclusion can be improved using as foundation economic theories of sig ....Rethinking diversity and inclusion practices in leadership roles. This project aims to study the lack of racial and gender diversity in management and leadership roles. The noticeable imbalances question the functioning of the meritocracy principle and may lead to organisational and social vulnerabilities. This project will apply large-scale field experiments with major organisations to investigate how workplace diversity and inclusion can be improved using as foundation economic theories of signaling, discrimination, fairness, and identity. The expected outcome is the identification of best diversity and inclusion practice in attraction, hiring, development and retention. This will provide significant benefit through an increase in workplace diversity.
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Market Design for the Reallocation of Land. This fellowship uses laboratory and lab-in-the-field experiments to explores how market design can be used to develop combinatorial exchanges that allow participants to exchange packages of land. Allowing for package bids can facilitate trade in situations where owning one piece of land increases the value of adjacent land and where assembling contiguous pieces of land is important. Combinatorial exchanges have the potential to increase the productivit ....Market Design for the Reallocation of Land. This fellowship uses laboratory and lab-in-the-field experiments to explores how market design can be used to develop combinatorial exchanges that allow participants to exchange packages of land. Allowing for package bids can facilitate trade in situations where owning one piece of land increases the value of adjacent land and where assembling contiguous pieces of land is important. Combinatorial exchanges have the potential to increase the productivity of agriculture land in both Australia and developing countries, encourage urban redevelopment, and help the government secure land for infrastructure and environmental protection in a cost-effective way.Read moreRead less
New Perspectives on the Socioeconomic Determinants and Dynamics of Mental Health and Wellbeing using Panel, Cohort and Internet Search Data. This project will provide new evidence on the determinants and dynamics of mental health and wellbeing using a range of survey data that tracks individuals for up to 50 years, as well as real-time information from internet search data. Mental health problems often start early in life and reoccur throughout adulthood, which makes a better understanding of th ....New Perspectives on the Socioeconomic Determinants and Dynamics of Mental Health and Wellbeing using Panel, Cohort and Internet Search Data. This project will provide new evidence on the determinants and dynamics of mental health and wellbeing using a range of survey data that tracks individuals for up to 50 years, as well as real-time information from internet search data. Mental health problems often start early in life and reoccur throughout adulthood, which makes a better understanding of the relationship between childhood socioeconomic conditions and mental health outcomes throughout the life-course important for designing policies aimed at early prevention, and therefore reducing socioeconomic inequalities.Read moreRead less