Should rational individuals be optimistic? Theory, survey evidence, experimental evidence, and policy implications. This project will help Australian policy makers design better information-revelation policies and will elevate the skill level of Australian research in behavioural economics. Insights we generate about how best to manage the public's expectations will enable policy design that strengthens Australia's social and economic fabric. We will disseminate the recommendations we generate ....Should rational individuals be optimistic? Theory, survey evidence, experimental evidence, and policy implications. This project will help Australian policy makers design better information-revelation policies and will elevate the skill level of Australian research in behavioural economics. Insights we generate about how best to manage the public's expectations will enable policy design that strengthens Australia's social and economic fabric. We will disseminate the recommendations we generate in a policy workshop at the end of our project. In terms of benefits to the level of science in Australia, the project will work with local data and local researchers, and will import into Australia new experimental medical equipment and the knowledge of how to use it. These benefits will help Australia progress to the forefront of behavioural economic research.Read moreRead less
The Demand for Older Workers: Technology, Skill and Employment Opportunities. "Productive ageing" policies are central to Australia's strategies for the governance of population ageing. But little is known about the determinants of firms' demand for older workers. By uncovering the impact that technological change has on firms' hiring and training decisions, this study will critically complement our understanding of older workers' constrained employment opportunities. In so doing it seeks to inf ....The Demand for Older Workers: Technology, Skill and Employment Opportunities. "Productive ageing" policies are central to Australia's strategies for the governance of population ageing. But little is known about the determinants of firms' demand for older workers. By uncovering the impact that technological change has on firms' hiring and training decisions, this study will critically complement our understanding of older workers' constrained employment opportunities. In so doing it seeks to inform the long-term policy debate on how best to adjust our economy to the current major demographic and technological development. Its outcomes will be of interest and use to policy makers, industry, advocacy groups, unions and the wider community.
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Designing Better Landowner Contracts to Protect Australia's Environment. There will be two main benefits from this project. First a reduction in the cost of protecting the environment and second, a greater awareness amongst regulators of the determinants of compliance costs and their variability amongst landowners. By making environmental contracts more efficient, this project will contribute towards making Australian agriculture more sustainable in terms of protecting biodiversity, conserving ....Designing Better Landowner Contracts to Protect Australia's Environment. There will be two main benefits from this project. First a reduction in the cost of protecting the environment and second, a greater awareness amongst regulators of the determinants of compliance costs and their variability amongst landowners. By making environmental contracts more efficient, this project will contribute towards making Australian agriculture more sustainable in terms of protecting biodiversity, conserving water and reducing the rate of soil loss.Read moreRead less
Living on the Margin: The Relationship between Mental Health and Work in Australia. This project will assess the relationship between Australians' mental health and their work, for example, employment status, work conditions and hours. The study is the first to exploit the detailed timing of mental health and employment transitions to identify whether poor labour market outcomes lead to poor mental health or whether the reverse is true. New Australian data will be used to understand whether the ....Living on the Margin: The Relationship between Mental Health and Work in Australia. This project will assess the relationship between Australians' mental health and their work, for example, employment status, work conditions and hours. The study is the first to exploit the detailed timing of mental health and employment transitions to identify whether poor labour market outcomes lead to poor mental health or whether the reverse is true. New Australian data will be used to understand whether the link between mental health and work adds to the economic vulnerability of families and those at risk of homelessness. The results will advance our understanding of the way that mental health affects overall economic well-being and will inform current policy initiatives to promote economic participation and good mental health.Read moreRead less
Non-cognitive skills and human capital investments: the importance of individuals' sense of control. This project investigates whether people's sense of control over their lives influences their decision to get an education, do job training, migrate, or adopt a healthy lifestyle. The results are important in helping policymakers to understand why some individuals work harder than others to ensure good outcomes for themselves.
What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effec ....What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effects of increased income inequality; and the role of changes in preferences towards private schools. This information will provide a better evidence base for future policy development in this area.Read moreRead less
The impact of crime on the mental wellbeing of communities. Considering not only the direct impact of crime on the victims but also the indirect consequences of living in a community with a higher crime rate may in fact lead to a more accurate analysis of the size of the consequences of criminal activities on the society. Further, it may also be the case that the negative externality of crime on non-victims is much larger for some crimes than for others. If this were the case, it could have impl ....The impact of crime on the mental wellbeing of communities. Considering not only the direct impact of crime on the victims but also the indirect consequences of living in a community with a higher crime rate may in fact lead to a more accurate analysis of the size of the consequences of criminal activities on the society. Further, it may also be the case that the negative externality of crime on non-victims is much larger for some crimes than for others. If this were the case, it could have implications for the way in which police resources are presently distributed across different crimes. Better understanding the total societal cost of crime - to both victims and non-victims - could therefore help improve public policy. Read moreRead less
The evolution of Australian enterprises, 1990 to 2007 : An empirical analysis of the relationship between turbulence among firms, productivity, growth and exports. This project will examine determinants and effects of enterprise entry and exit on growth, export and productivity in Australian industry using innovative panel enterprise data sets which have been collated and linked from existing ABS surveys, administrative data and accounting data. Currently, there is only one short longitudinal en ....The evolution of Australian enterprises, 1990 to 2007 : An empirical analysis of the relationship between turbulence among firms, productivity, growth and exports. This project will examine determinants and effects of enterprise entry and exit on growth, export and productivity in Australian industry using innovative panel enterprise data sets which have been collated and linked from existing ABS surveys, administrative data and accounting data. Currently, there is only one short longitudinal enterprise data set in Australia. Further data sets are required if policy makers are to understand patterns and causes of growth and business survival in Australia. Understanding provided from these studies should significantly improve our undertanding of how businesses perform.Read moreRead less
Informing economic policies to enhance an efficient and sustainable use of water resources in a context of high uncertainty on future climate. The main purpose of this project is to assess how economic instruments can be used to improve water resources management in a context of uncertainty and climate change.
Labour market transitions and dynamics in Australia: An analysis of the Household, Income and Labour Dynamics in Australia Survey. As stated in the National Research Priorities, 'in the decade ahead, it will be vital to understand and support the drivers for workforce participation and the broader social and economic trends influencing Australian families and communities'. Improving our understanding of these drivers is the main objective of this project. Specifically, the outcomes from this pro ....Labour market transitions and dynamics in Australia: An analysis of the Household, Income and Labour Dynamics in Australia Survey. As stated in the National Research Priorities, 'in the decade ahead, it will be vital to understand and support the drivers for workforce participation and the broader social and economic trends influencing Australian families and communities'. Improving our understanding of these drivers is the main objective of this project. Specifically, the outcomes from this project will result in a richer comprehension of the interaction between the social safety net and economic participation, and especially labour force participation. This research will thus directly support the Government's welfare reform and participation agendas, and thus should feed into improved policy decision-making, especially in the areas of employment and income support.Read moreRead less