Applying behavioural insights to the tax system in Australia. Applying behavioural insights to the tax system in Australia. This project aims to improve compliance and payment in the Australian tax system. It aims to tackle debts of individuals and businesses, the most challenging aspect of tax systems, by applying behavioural insights to design innovative payment interventions and conducting rigorous randomised controlled trials to evaluate their effects. An empirical analysis will account for ....Applying behavioural insights to the tax system in Australia. Applying behavioural insights to the tax system in Australia. This project aims to improve compliance and payment in the Australian tax system. It aims to tackle debts of individuals and businesses, the most challenging aspect of tax systems, by applying behavioural insights to design innovative payment interventions and conducting rigorous randomised controlled trials to evaluate their effects. An empirical analysis will account for heterogeneity in treatment responses, and the findings will be combined with a study of regulatory and administrative processes to support the ultimate goal of a legitimate, fair, cost-effective and responsive tax system.Read moreRead less
Optimal taxation when the allocation of time matters. This project aims to incorporate evidence-based models of time allocation, which go beyond the simple division between work and leisure, in optimal tax settings. This approach will help to inform the public policy debate on child support, by questioning whether, and if so how, to subsidise childcare, where parental time use plays a crucial role.
Estimating the impact of fiscal stimulus on household expenditure. This project aims to measure the impact on household expenditure of unexpected government bonus payments. Precise measures of this parameter can help improve fiscal policy in Australia and overseas, whilst giving researchers a more precise understanding of how households react to unexpected increases in disposable income. This research will also make a methodological contribution, since we will be using a research methodology not ....Estimating the impact of fiscal stimulus on household expenditure. This project aims to measure the impact on household expenditure of unexpected government bonus payments. Precise measures of this parameter can help improve fiscal policy in Australia and overseas, whilst giving researchers a more precise understanding of how households react to unexpected increases in disposable income. This research will also make a methodological contribution, since we will be using a research methodology not previously implemented in Australia, which is to exploit the random timing of payments across households, combined with a unique household-level panel dataset on weekly expenditure. The project will compare results using this approach with results from other strategies, such as surveys and time series analysis.Read moreRead less
Economic Inequality: Trends, Causes and Consequences. Measuring inequality and understanding its determinants is important for three reasons. First, knowing the causes and consequences of inequality is critical to making trade-offs between equity and efficiency. Second, the degree of economic mobility over the lifecycle determines how much opportunity people have to move upwards, and how much risk they face on moving downwards. This informs policies that guard against risk (eg. social insurance) ....Economic Inequality: Trends, Causes and Consequences. Measuring inequality and understanding its determinants is important for three reasons. First, knowing the causes and consequences of inequality is critical to making trade-offs between equity and efficiency. Second, the degree of economic mobility over the lifecycle determines how much opportunity people have to move upwards, and how much risk they face on moving downwards. This informs policies that guard against risk (eg. social insurance) and those that encourage risk (eg. entrepreneurship). Third, by learning more about intergenerational mobility, we can improve policies that seek to boost the life chances of children in disadvantaged households. Read moreRead less
Private Responses to Demographic Change and Pension Reform in Urban China. Social, economic, and political stability in China is important for Australia and its business community due to the sheer size of China and its market. The rapid aging and significant social welfare reform is a potential instability source. This project contributes to the improvement of policy making in this area, which will enhance China's long term stability. This study provides detailed information on Chinese household ....Private Responses to Demographic Change and Pension Reform in Urban China. Social, economic, and political stability in China is important for Australia and its business community due to the sheer size of China and its market. The rapid aging and significant social welfare reform is a potential instability source. This project contributes to the improvement of policy making in this area, which will enhance China's long term stability. This study provides detailed information on Chinese household behaviour in pension financing, which may be helpful to the Australian business sector in making judgments on important economic relationships in the Chinese insurance market. Australia is also facing a changing age structure and seeking financial solutions. Our study may feed into improved research in this area.Read moreRead less
Estimating the impact of fiscal stimulus on household expenditure. The tax bonus payments of the $42 billion Nation Building and Jobs Plan were among the largest fiscal policy packages in the developed world. This project applies a new methodology to estimate the short-term impact of this cash handout on consumer spending, allowing better modelling of the Australian economy.
Discovery Early Career Researcher Award - Grant ID: DE160100750
Funder
Australian Research Council
Funding Amount
$370,000.00
Summary
The Effects of Energy Subsidy Reform: The Case of Indonesia. This project plans to analyse and quantify the effects of energy subsidy reductions on environmental, transport, health, socioeconomic and industrial outcomes. Using econometric methods, the project aims to assess recent reductions in subsidies for fuel and electricity in Indonesia. Energy subsidies have been a large drain on many governments’ budgets and are often thought to bring perverse effects. The project may provide a blueprint ....The Effects of Energy Subsidy Reform: The Case of Indonesia. This project plans to analyse and quantify the effects of energy subsidy reductions on environmental, transport, health, socioeconomic and industrial outcomes. Using econometric methods, the project aims to assess recent reductions in subsidies for fuel and electricity in Indonesia. Energy subsidies have been a large drain on many governments’ budgets and are often thought to bring perverse effects. The project may provide a blueprint for the design of future reforms in Indonesia and elsewhere, with the goal of addressing serious issues such as air pollution and traffic congestion while avoiding adverse consequences for the poor. The project also aims to assist budget forecasting and guide economic models on the effects of fiscal settings for energy.Read moreRead less
ARC Centre of Excellence in Population Ageing Research. This Centre intends to generate crucial knowledge to inform social and economic responses to population ageing, one of the most important issues of the 21st century. Population ageing exerts unprecedented pressures on social norms and policy institutions, both in Australia and around the world. Leading researchers from a range of disciplines will undertake multidisciplinary research to help governments, businesses, and consumers prepare for ....ARC Centre of Excellence in Population Ageing Research. This Centre intends to generate crucial knowledge to inform social and economic responses to population ageing, one of the most important issues of the 21st century. Population ageing exerts unprecedented pressures on social norms and policy institutions, both in Australia and around the world. Leading researchers from a range of disciplines will undertake multidisciplinary research to help governments, businesses, and consumers prepare for and make better decisions for an ageing world, with consequent social and economic benefits for families and communities expected to flow to Australia, the Asian region and the world.Read moreRead less
ARC Centre of Excellence in Population Ageing Research. The Centre aims to execute world class basic and applied research to transform our capacity to respond to the economic and social challenges of demographic change, and to changes in individual longevity and cognitive and motor capacity. It will combine in-house expertise with leading researchers globally in initiatives to generate new outcome-oriented approaches to studying the population ageing process and its implications. It s research w ....ARC Centre of Excellence in Population Ageing Research. The Centre aims to execute world class basic and applied research to transform our capacity to respond to the economic and social challenges of demographic change, and to changes in individual longevity and cognitive and motor capacity. It will combine in-house expertise with leading researchers globally in initiatives to generate new outcome-oriented approaches to studying the population ageing process and its implications. It s research will inform innovative policy formulation and product and market development, and train a new generation of researchers into population ageing with an enriched appreciation of the cross-disciplinary dimensions of population ageing research.Read moreRead less