Econometric methods for distributional policy effects. This project aims to develop new econometric methods that can measure distributional policy effects by accounting for heterogeneous policy impacts among observationally equivalent individuals. The project expects to develop quantile regression methods under a difference-in-differences framework that accommodates issues of censoring and sample selection. The outcomes of this project are expected to substantially broaden the scope of the stand ....Econometric methods for distributional policy effects. This project aims to develop new econometric methods that can measure distributional policy effects by accounting for heterogeneous policy impacts among observationally equivalent individuals. The project expects to develop quantile regression methods under a difference-in-differences framework that accommodates issues of censoring and sample selection. The outcomes of this project are expected to substantially broaden the scope of the standard mean difference-in-differences approach and have significant contributions to empirical studies in the future. The project intends to provide statistically valid inferential procedures and conduct simulation exercise and empirical studies relevant to policy evaluation for the benefit of Australia and other jurisdictions.Read moreRead less
Dynamic Deep Learning for Electricity Demand Forecasting. This project aims at developing a deep learning technology for high resolution electricity demand forecasting and residential demand response modelling. Electricity consumption data are dynamic and highly uncertain. The deep learning technology expects to provide accurate demand forecasting, and thus enabling optimal use of existing
grid assets and guiding future investments. The expected outcome can support data-driven decision-making in ....Dynamic Deep Learning for Electricity Demand Forecasting. This project aims at developing a deep learning technology for high resolution electricity demand forecasting and residential demand response modelling. Electricity consumption data are dynamic and highly uncertain. The deep learning technology expects to provide accurate demand forecasting, and thus enabling optimal use of existing
grid assets and guiding future investments. The expected outcome can support data-driven decision-making in Australia's electricity distribution network planning and operation by considering future challenges such as integrating battery storage and electric vehicles into the grid, and thus providing reliable energy. The project expects to train next generation expert workforce for Australia's future power grid.Read moreRead less
Macroeconomic and Financial Modelling in an Era of Extremes. This project aims to develop methods to allow workhorse models in economics and finance to better reflect tail events--low probability extreme events, such as the Global Financial Crisis and the COVID-19 pandemic. It intends to address fundamental technical challenges in the estimation of such models, develop a coherent framework for counterfactual analysis of these models and propose methods to apply these models in a big-data environ ....Macroeconomic and Financial Modelling in an Era of Extremes. This project aims to develop methods to allow workhorse models in economics and finance to better reflect tail events--low probability extreme events, such as the Global Financial Crisis and the COVID-19 pandemic. It intends to address fundamental technical challenges in the estimation of such models, develop a coherent framework for counterfactual analysis of these models and propose methods to apply these models in a big-data environment. Expected outcomes include new insights into the transmission of tail risks in the global economic and financial system. This should provide significant benefits, including guidance to Australian and international policymakers charged with maintaining stability in the face of extreme events.Read moreRead less
Loss-based Bayesian Prediction. This project proposes a new paradigm for prediction. Using state-of-the-art computational methods, the project aims to produce accurate, fit for purpose, predictions which, by design, reduce the loss incurred when the prediction is inaccurate. Theoretical validation of the new predictive method, without reliance on knowledge of the correct statistical model, is an expected outcome, as is an extensive numerical assessment of its performance in empirical settings. T ....Loss-based Bayesian Prediction. This project proposes a new paradigm for prediction. Using state-of-the-art computational methods, the project aims to produce accurate, fit for purpose, predictions which, by design, reduce the loss incurred when the prediction is inaccurate. Theoretical validation of the new predictive method, without reliance on knowledge of the correct statistical model, is an expected outcome, as is an extensive numerical assessment of its performance in empirical settings. The new paradigm should produce significant benefits for all fields in which the consequences of predictive inaccuracy are severe. Problems that lead to substantial economic, financial or environmental loss if predictions are incorrect will be given particular attention.Read moreRead less
New methods for modelling complex trends in climate and energy time series. The project aims to contribute to Australian and international efforts on emission control by advancing the methods for quantifying the relationships between energy production, emission and climate, and assessing the real and financial risks associated with changing the ways in which economies produce and use energy. The project is interdisciplinary and expects to develop new knowledge in the areas of energy and climate ....New methods for modelling complex trends in climate and energy time series. The project aims to contribute to Australian and international efforts on emission control by advancing the methods for quantifying the relationships between energy production, emission and climate, and assessing the real and financial risks associated with changing the ways in which economies produce and use energy. The project is interdisciplinary and expects to develop new knowledge in the areas of energy and climate econometrics. The anticipated outcomes of this project are new methods for modelling variables with complex trends, and an innovative data-driven approach for learning from policy experiences of other countries. This should provide significant benefits by enabling evidence-based policy making in the era of climate change. Read moreRead less
In search of relevant things: A novel approach for image analysis. This project aims to investigate how experts’ cognitive processes may be transferred to computers for the automatic recognition of visual features. By merging computer and brain sciences, the project will characterise the way the brains of experts understand what is seen, in order to translate such a process in a new computer vision tool. This should provide significant benefits, such as automatic detection of threats or diseases ....In search of relevant things: A novel approach for image analysis. This project aims to investigate how experts’ cognitive processes may be transferred to computers for the automatic recognition of visual features. By merging computer and brain sciences, the project will characterise the way the brains of experts understand what is seen, in order to translate such a process in a new computer vision tool. This should provide significant benefits, such as automatic detection of threats or diseases in satellite and diagnostic imaging, respectively, among other applications. For the first time, the combination of how a computer analyses an image and how an expert interprets it will be used as a common language to enable machines to process visual information in a manner that mimics the way human brains do.Read moreRead less
Statistical Analysis of State-Dependent Government Spending Multipliers. This project aims to provide a new statistical analysis of the government spending multiplier by acknowledging that government spending is the sum of sectoral spending which has heterogeneous effects on the economy. An added complication is that the multiplier can also be state-dependent, meaning that its magnitude can differ across recessions and expansions. Expected outcomes of this project include a better understanding ....Statistical Analysis of State-Dependent Government Spending Multipliers. This project aims to provide a new statistical analysis of the government spending multiplier by acknowledging that government spending is the sum of sectoral spending which has heterogeneous effects on the economy. An added complication is that the multiplier can also be state-dependent, meaning that its magnitude can differ across recessions and expansions. Expected outcomes of this project include a better understanding of the components of the multiplier by novel decomposition and the development of a new statistical test for the state-dependency of the multiplier. This should provide significant benefits to researchers by bringing in new tools and insights and to policymakers by providing timely guidance on fiscal policies.Read moreRead less
Micro-panel data with non-linear error components. This project aims to develop methods for panel data models with heterogeneous marginal effects and discrete choice outcomes, controlling for unobserved common factors and nonlinear error components; and apply the methodologies to analyse alcohol-fuelled violence and drug-related harm in Australia. The project lies at the forefront of advances in econometrics, and the outcomes are expected to broaden and deepen Australia’s knowledge base. Empiric ....Micro-panel data with non-linear error components. This project aims to develop methods for panel data models with heterogeneous marginal effects and discrete choice outcomes, controlling for unobserved common factors and nonlinear error components; and apply the methodologies to analyse alcohol-fuelled violence and drug-related harm in Australia. The project lies at the forefront of advances in econometrics, and the outcomes are expected to broaden and deepen Australia’s knowledge base. Empirical outcomes should inform and evaluate evidence-based policy interventions for crime prevention, and influence policy making about public transport and economic growth.Read moreRead less
Constraint-based Reasoning for Multi-agent Pathfinding. Automation is a transformative technology for logistics -- using robots to manipulate inventory allows warehouses to be more efficient, and larger-scale, than ever before. But doing this in practice requires efficient, reliable methods for coordinating ever-larger fleets of robots. These problems are extremely difficult, and current approaches either scale poorly or give weak or no guarantees on solution quality. The project will develop t ....Constraint-based Reasoning for Multi-agent Pathfinding. Automation is a transformative technology for logistics -- using robots to manipulate inventory allows warehouses to be more efficient, and larger-scale, than ever before. But doing this in practice requires efficient, reliable methods for coordinating ever-larger fleets of robots. These problems are extremely difficult, and current approaches either scale poorly or give weak or no guarantees on solution quality. The project will develop transformative approaches to multi-agent pathfinding which can handle industrial size problems, and handle all of the complications that arise in practical applications. This will deliver improved cost-effectiveness and productivity to automated warehouse logistics and other agent coordination problems.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE240100316
Funder
Australian Research Council
Funding Amount
$435,431.00
Summary
Population genomic methods for modelling bacterial pathogen evolution. This project aims to develop novel techniques to model bacterial genome evolution and improve our understanding of how major agricultural and human pathogens, including Enterococcus, Salmonella and E. coli, evolve. The project expects to generate new knowledge about how horizontal gene transfer shapes the evolution of bacteria and how these dynamics vary over different temporal scales. Expected outcomes include methodological ....Population genomic methods for modelling bacterial pathogen evolution. This project aims to develop novel techniques to model bacterial genome evolution and improve our understanding of how major agricultural and human pathogens, including Enterococcus, Salmonella and E. coli, evolve. The project expects to generate new knowledge about how horizontal gene transfer shapes the evolution of bacteria and how these dynamics vary over different temporal scales. Expected outcomes include methodological advances that will enable the analysis of massive contemporary datasets. These methods and resulting analyses will provide significant benefits including informing the design of superior long-term interventions to reduce bacterial disease in both agriculture and health that are robust to the evolution of bacteria.Read moreRead less