International comparisons of retirement decisions and well-being of mature age populations: applied micro-economic analyses. Australia needs a pension reform to promote longer working lives of mature people in a health- and productivity-enhancing way, that is also financially sustainable. This study uses cutting-edge methodology and data to analyse decisions surrounding how mature people disengage from employment towards their eventual permanent retirement, and how these decisions relate to thei ....International comparisons of retirement decisions and well-being of mature age populations: applied micro-economic analyses. Australia needs a pension reform to promote longer working lives of mature people in a health- and productivity-enhancing way, that is also financially sustainable. This study uses cutting-edge methodology and data to analyse decisions surrounding how mature people disengage from employment towards their eventual permanent retirement, and how these decisions relate to their health and well-being. It compares and contrasts Australia with the UK, Germany and the US to derive lessons for developing evidence-based pension reform. International comparative research enables the identification of important policy, institutional and/or cultural differences and lessons that may well be missed by single country studies.Read moreRead less
Implications of Global Economic Forces for Domestic Monetary Policy. The project aims to quantify and understand the extent to which international factors affect key macroeconomic variables such as inflation and interest rates in open economies. The aims will be achieved through the development and application of new macroeconomic and econometric models. Expected outcomes are new insights and policy recommendations on how to appropriately conduct monetary policy for an open economy such as Austr ....Implications of Global Economic Forces for Domestic Monetary Policy. The project aims to quantify and understand the extent to which international factors affect key macroeconomic variables such as inflation and interest rates in open economies. The aims will be achieved through the development and application of new macroeconomic and econometric models. Expected outcomes are new insights and policy recommendations on how to appropriately conduct monetary policy for an open economy such as Australia. This should provide significant benefits to the broader Australian economy through the conduct of suitable policy by institutions such as the Reserve Bank of Australia.Read moreRead less
Economic analysis of child maltreatment and child protection. This project aims to investigate the economic causes and consequences of child maltreatment. It expects to generate new knowledge by applying microeconometric methods to large Australian administrative databases that track children’s health, education and welfare receipt over time. The expected outcomes of this project include an expanded knowledge base on how economic shocks affect maltreatment, the economic consequences of placing c ....Economic analysis of child maltreatment and child protection. This project aims to investigate the economic causes and consequences of child maltreatment. It expects to generate new knowledge by applying microeconometric methods to large Australian administrative databases that track children’s health, education and welfare receipt over time. The expected outcomes of this project include an expanded knowledge base on how economic shocks affect maltreatment, the economic consequences of placing children in out-of-home care, and the value of economic policies for reducing the intergenerational transmission of maltreatment. This should provide significant benefits, such as providing practical evidence to policy makers and service providers that help prevent child maltreatment and reduce its harms.Read moreRead less
Classification methods for providing personalised and class decisions. This project provides a novel approach to the clustering of multivariate samples on entities in a class that automatically matches the sample clusters across the entities, allowing for inter-sample variation between the samples in a class. The project aims to develop a widely applicable, mixture-model-based framework for the simultaneous clustering of multivariate samples with inter-sample variation in a class and for the mat ....Classification methods for providing personalised and class decisions. This project provides a novel approach to the clustering of multivariate samples on entities in a class that automatically matches the sample clusters across the entities, allowing for inter-sample variation between the samples in a class. The project aims to develop a widely applicable, mixture-model-based framework for the simultaneous clustering of multivariate samples with inter-sample variation in a class and for the matching of the clusters across the entities in the class. The project will use a statistical approach to automatically match the clusters, since the overall mixture model provides a template for the class. It will provide a basis for discriminating between different classes in addition to the identification of atypical data points within a sample and of anomalous samples within a class. Key applications include biological image analysis and the analysis of data in flow cytometry which is one of the fundamental research tools for the life scientist.Read moreRead less
Identification Power and Instrument Strength in Discrete Outcome Models. This project aims to develop new econometric and statistical techniques to quantify causal effects in treatment models with discrete outcomes. Expected outcomes include a much-needed weak instrument test, a measure for identification strength in partial identification setting, and an instrument-covariate selection procedure for high dimensional discrete models based identification power. The benefits include advanced knowle ....Identification Power and Instrument Strength in Discrete Outcome Models. This project aims to develop new econometric and statistical techniques to quantify causal effects in treatment models with discrete outcomes. Expected outcomes include a much-needed weak instrument test, a measure for identification strength in partial identification setting, and an instrument-covariate selection procedure for high dimensional discrete models based identification power. The benefits include advanced knowledge in econometrics and statistics, and enhanced tools for program evaluation and policy assessment in empirical causal analysis using observational data. The project falls into the category of smarter information use and is relevant to any national priority areas where policy interventions require assessment.Read moreRead less
Visual tracking of multiple objects: A stochastic geometrical approach. Reliable real-time visual multiple-object tracking techniques will open up new applications that enhance the quality of life such as driving safety, traffic monitoring, home security, security and surveillance of public facilities. These new applications have huge commercial potentials, and the technology developed from this project will provide the catalyst for vibrant new industries to grow. In addition, the expertise deve ....Visual tracking of multiple objects: A stochastic geometrical approach. Reliable real-time visual multiple-object tracking techniques will open up new applications that enhance the quality of life such as driving safety, traffic monitoring, home security, security and surveillance of public facilities. These new applications have huge commercial potentials, and the technology developed from this project will provide the catalyst for vibrant new industries to grow. In addition, the expertise developed from the project will provide a competitive edge for Australian industries in aerospace, oceanography, robotics, remote sensing, and biomedical engineering. Read moreRead less
Liquidity in financial markets. This project aims to develop a theory which models the effect of liquidity on option prices under different market conditions. Economic or financial crises are inevitable and affect economics. During or after a major financial crisis, market liquidity usually becomes risky and needs to be studied. Through both empirical and theoretical explorations, this project will quantify and measure liquidity risk and its effect on the options markets. It will develop a frame ....Liquidity in financial markets. This project aims to develop a theory which models the effect of liquidity on option prices under different market conditions. Economic or financial crises are inevitable and affect economics. During or after a major financial crisis, market liquidity usually becomes risky and needs to be studied. Through both empirical and theoretical explorations, this project will quantify and measure liquidity risk and its effect on the options markets. It will develop a framework to help market regulators manage illiquidity, enhance the efficiency of option trading in illiquid markets and help in the detection of market manipulation.Read moreRead less
Egalitarian Responses to Climate Change. The project will offer significant insights into the effects of climate change and adaptation policy on the disadvantaged at a time when there is significant policy change in this area. The project will develop a philosophical framework for assessing whether current and proposed carbon trading schemes are just. In addition, the project will also consider the important political issue of whether democratic participation in the formation of climate policy i ....Egalitarian Responses to Climate Change. The project will offer significant insights into the effects of climate change and adaptation policy on the disadvantaged at a time when there is significant policy change in this area. The project will develop a philosophical framework for assessing whether current and proposed carbon trading schemes are just. In addition, the project will also consider the important political issue of whether democratic participation in the formation of climate policy is required and in what ways. Read moreRead less
The cost of keeping gruesome images from the world. This project aims to investigate one of society’s most invisible ‘frontline’ trauma workforces—the online content moderators responsible for limiting the public’s exposure to distressing and sensitive content on social media. Using a series of rigorous experiments, and cutting-edge psychological and physiological assessment techniques, the research will advance our understanding of the impact of indirect trauma on mental health. Expected outcom ....The cost of keeping gruesome images from the world. This project aims to investigate one of society’s most invisible ‘frontline’ trauma workforces—the online content moderators responsible for limiting the public’s exposure to distressing and sensitive content on social media. Using a series of rigorous experiments, and cutting-edge psychological and physiological assessment techniques, the research will advance our understanding of the impact of indirect trauma on mental health. Expected outcomes include novel empirical evidence for preventative strategies that will predict, monitor and reduce negative mental health outcomes. This will provide significant global benefits to people with indirect trauma experiences, such as defence and forensic personnel.Read moreRead less
Construction of utility functions from observations of consumer behaviour with application to resource modelling and water management strategies. The optimisation techniques developed will be on the forefront of applied mathematical sciences and will increase the prestige of the Australian mathematical community. The expected results will also be of value because they can be used to improve the CGE modelling technique. The implementation of the CGE model of one of Victoria's agricultural regions ....Construction of utility functions from observations of consumer behaviour with application to resource modelling and water management strategies. The optimisation techniques developed will be on the forefront of applied mathematical sciences and will increase the prestige of the Australian mathematical community. The expected results will also be of value because they can be used to improve the CGE modelling technique. The implementation of the CGE model of one of Victoria's agricultural regions will be used to improve the accuracy of regional economic models and will contribute to efficient regional resource management. This has the potential to positively affect the economic growth and employment in the region. The expected outcomes of the project are especially important taking into account the need for predicting the socio-economic consequences of the 1994 COAG water reforms. Read moreRead less