Financial Innovation and Sustainable Solutions for Electricity Markets. This project aims to investigate financial innovation for electricity markets that are transforming from fossil-fuel fired power generation to a higher share of renewable energy. The project will create new knowledge on impacts of the decarbonisation of power markets, utilising cutting-edge econometric models, innovative financial products and new measures for market performance and financial risk. Expected outcomes of the p ....Financial Innovation and Sustainable Solutions for Electricity Markets. This project aims to investigate financial innovation for electricity markets that are transforming from fossil-fuel fired power generation to a higher share of renewable energy. The project will create new knowledge on impacts of the decarbonisation of power markets, utilising cutting-edge econometric models, innovative financial products and new measures for market performance and financial risk. Expected outcomes of the project include recommendations for facilitating investment into renewable energy, pricing intermittent generation, guidelines for stress tests and sustainable energy policy. This will help regulators and market participants to better ensure the long-term economic sustainability and financial resilience of the sector.Read moreRead less
Commodity booms and busts: Implications for the Australian economy. In 2007-08 the share of mining in Australia's Gross Domestic Product (GDP) was the highest for at least four decades and mining investment had more than doubled over the previous four years, now accounting for one-quarter of all private investment. This, and accompanying surges in employment and economic growth, came courtesy of a spectacular surge in global mineral, energy and agricultural commodity prices. Controversy still ....Commodity booms and busts: Implications for the Australian economy. In 2007-08 the share of mining in Australia's Gross Domestic Product (GDP) was the highest for at least four decades and mining investment had more than doubled over the previous four years, now accounting for one-quarter of all private investment. This, and accompanying surges in employment and economic growth, came courtesy of a spectacular surge in global mineral, energy and agricultural commodity prices. Controversy still surrounds the causes of the most recent and previous commodity booms and busts. The results from this proposed project would aid policy making and business decisions in commodity sectors, particularly with respect to the roles of supply-side constraints and the approval processes for new Australian resource development projects.Read moreRead less
House Prices in Australia: A Hedonic Analysis. House prices are an important input to monetary policy since they impact directly on inflation and may be a source of speculative bubbles. The Governor of the Reserve Bank, however, recently described housing as the ``weakest link in all the price data.'' This project will attempt to resolve this problem. The resulting indexes should be of considerable interest to the Reserve Bank, the media, home owners, the real estate industry, and enhance the re ....House Prices in Australia: A Hedonic Analysis. House prices are an important input to monetary policy since they impact directly on inflation and may be a source of speculative bubbles. The Governor of the Reserve Bank, however, recently described housing as the ``weakest link in all the price data.'' This project will attempt to resolve this problem. The resulting indexes should be of considerable interest to the Reserve Bank, the media, home owners, the real estate industry, and enhance the reputation of Australian universities. They will also quantify the extent of the burden imposed on young people by rising house prices, and its consequent strain on society.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE220100303
Funder
Australian Research Council
Funding Amount
$334,534.00
Summary
Energy Poverty and Policy Responses in Australia. This project aims to understand the factors influencing energy poverty in Australia. Using econometric methods, this project will examine: 1) the impact of life shocks and weather shocks on energy poverty, and 2) the impact of existing government programs and policies on energy poverty. This project expects to generate new knowledge on the pathways through which shocks and policies influence energy poverty. The outcomes include knowledge generati ....Energy Poverty and Policy Responses in Australia. This project aims to understand the factors influencing energy poverty in Australia. Using econometric methods, this project will examine: 1) the impact of life shocks and weather shocks on energy poverty, and 2) the impact of existing government programs and policies on energy poverty. This project expects to generate new knowledge on the pathways through which shocks and policies influence energy poverty. The outcomes include knowledge generation and dissemination of findings to key stakeholders. This project will provide significant benefits, including better understandings of energy poverty that can influence policy directly shaping the health and wellbeing of Australians and others vulnerable to energy poverty.Read moreRead less
Culture and Economy: Economic and Cultural Value Creation in the Arts, Heritage and Cultural Industries. This project considers how the arts and cultural sectors in the contemporary market economy contribute to the creation of economic and cultural value. The principal aims of the project are to advance both theoretical and empirical understanding of the valuation of cultural goods and services, consolidating and extending methods for determining the economic value of such commodities, and dev ....Culture and Economy: Economic and Cultural Value Creation in the Arts, Heritage and Cultural Industries. This project considers how the arts and cultural sectors in the contemporary market economy contribute to the creation of economic and cultural value. The principal aims of the project are to advance both theoretical and empirical understanding of the valuation of cultural goods and services, consolidating and extending methods for determining the economic value of such commodities, and developing new approaches to the integrated assessment of their cultural value, using original data for the arts, heritage and cultural industries in Australia. The results will have significant implications for cultural policy formation in Australia and internationally.Read moreRead less
Testing for Age Discrimination in Hiring in the Australian Labour Market. This project will raise awareness in the community of the extent, or lack thereof, of age discrimination in the Australian labour market. This is particularly important as no other investigations of this nature have been made. The findings will provide a valuable and important complement to the surveys of employer's attitudes towards older workers. There will be policy implications for the structure and operation of anti-d ....Testing for Age Discrimination in Hiring in the Australian Labour Market. This project will raise awareness in the community of the extent, or lack thereof, of age discrimination in the Australian labour market. This is particularly important as no other investigations of this nature have been made. The findings will provide a valuable and important complement to the surveys of employer's attitudes towards older workers. There will be policy implications for the structure and operation of anti-discrimination legislation in Australia. The technique of using written applications to apply for jobs can highlight deficiencies in the current legislation and ways in which the legislation can be modified to make it more effective. Read moreRead less
Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in cr ....Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in creating a policy mix that explicitly deals with the complementarities and trade-offs that arise in the interaction of the various policy instruments employed to achieve these multiple goals.Read moreRead less
Scientist career path: An explorative analysis. This project aims to uncover important insights into scientists, their interactions, and their career dynamics, seeking to understand scientific success and scientific innovations by understanding scientists themselves. The project will generate the largest data set on scientists ever collected and analysed, resulting in new knowledge into the mechanisms underlying scientific progress and innovation; scientists’ resilience and adaptation to positiv ....Scientist career path: An explorative analysis. This project aims to uncover important insights into scientists, their interactions, and their career dynamics, seeking to understand scientific success and scientific innovations by understanding scientists themselves. The project will generate the largest data set on scientists ever collected and analysed, resulting in new knowledge into the mechanisms underlying scientific progress and innovation; scientists’ resilience and adaptation to positive and negative life shocks or environmental changes; their pattern of collaboration and cooperation; and their creative development. The project will provide significant benefits to universities and policy makers in fulfilling their role of creating and disseminating new knowledge.Read moreRead less
How do macroeconomic fluctuations affect the educational choices of young Australians? The 1990-1991 recession, recent evidence, and econometric issues. The educational choices of young people are crucial for any nation's future. The project's empirical findings will inform public policy, particularly in the areas of education and training and youth unemployment. The research will help policy makers target people who need extra support in tough times and help determine the demand for different k ....How do macroeconomic fluctuations affect the educational choices of young Australians? The 1990-1991 recession, recent evidence, and econometric issues. The educational choices of young people are crucial for any nation's future. The project's empirical findings will inform public policy, particularly in the areas of education and training and youth unemployment. The research will help policy makers target people who need extra support in tough times and help determine the demand for different kinds of education. The findings have implications for future policies aimed at reducing inequality. The project's methodological contributions will lead to better and more reliable research in economics and other fields such as biology and engineering. The findings will be suitable for the top economics journals and contribute to Australia's standing in the academic community.Read moreRead less
The Theory and Measurement of Stock-Market Indices. This project should promote an innovation culture in Australia by
designing new benchmark indices for evaluating the performance of
fund managers (and other uses), thus encouraging the allocation of
funds to their most productive uses. It will produce a better
measure of asset price inflation than any currently in existence
which will be of use to the Reserve Bank in the setting of
monetary policy. This project will also enhance the reput ....The Theory and Measurement of Stock-Market Indices. This project should promote an innovation culture in Australia by
designing new benchmark indices for evaluating the performance of
fund managers (and other uses), thus encouraging the allocation of
funds to their most productive uses. It will produce a better
measure of asset price inflation than any currently in existence
which will be of use to the Reserve Bank in the setting of
monetary policy. This project will also enhance the reputation of
Australian universities as centres of cutting-edge academic
research, provide a thesis topic for a PhD student, and help build
links between the academic and private sectors.Read moreRead less