New Insights on Modelling Time Trends with Panel Data: Theory and Practice. This project aims to tackle important challenges in time trend modelling by taking advantage of panel data structures. This project expects to propose flexible models in time trend modelling to retrieve reliable inference. The expected outcomes include innovative econometric models and methods that have a wide range of applications, and are particularly suited for empirical problems within large and complex systems. This ....New Insights on Modelling Time Trends with Panel Data: Theory and Practice. This project aims to tackle important challenges in time trend modelling by taking advantage of panel data structures. This project expects to propose flexible models in time trend modelling to retrieve reliable inference. The expected outcomes include innovative econometric models and methods that have a wide range of applications, and are particularly suited for empirical problems within large and complex systems. This will provide significant benefits to all fields in which data displays any form of trending behaviour. The proposed model is used to evaluate the economic consequences of climate change and global housing market contagion, which provide strong evidence-based insights to the environmental and economic policies in Australia.Read moreRead less
Computational modelling of nanofluids for industrial applications. The use of nanoparticles in heat transfer fluids, then known as nanofluids, increases their specific heat and thermal conductivity. Recent experimental works highlight that anomalous transport phenomena are evident in nanofluids that cannot be adequately described by classical conservation laws. We will extend these conservation laws to incorporate fractional operators to capture the fluid memory effects and the impact of particl ....Computational modelling of nanofluids for industrial applications. The use of nanoparticles in heat transfer fluids, then known as nanofluids, increases their specific heat and thermal conductivity. Recent experimental works highlight that anomalous transport phenomena are evident in nanofluids that cannot be adequately described by classical conservation laws. We will extend these conservation laws to incorporate fractional operators to capture the fluid memory effects and the impact of particle clustering. Computational modelling and experimental investigations will be undertaken to identify the heat transfer mechanisms of various nanofluids. The outcomes of the work will increase knowledge on nanofluids and offer a significant opportunity to improve the efficiency of many thermal engineering systems.Read moreRead less
Econometric studies of the dynamics of loneliness and social isolation. This project aims to provide new insights into the socioeconomic dynamics of loneliness and social isolation using advanced econometric modelling techniques applied to longitudinal data from Australia and the UK. This project will apply advanced econometric modelling techniques to data from four nationally-representative longitudinal surveys to substantively help address these knowledge gaps, giving policy-makers new informa ....Econometric studies of the dynamics of loneliness and social isolation. This project aims to provide new insights into the socioeconomic dynamics of loneliness and social isolation using advanced econometric modelling techniques applied to longitudinal data from Australia and the UK. This project will apply advanced econometric modelling techniques to data from four nationally-representative longitudinal surveys to substantively help address these knowledge gaps, giving policy-makers new information about how to address these growing societal concerns. The expected outcomes will provide policy-makers with a better understanding of the socioeconomic triggers for loneliness and social isolation; quantify the costs of loneliness and social isolation on health and wellbeing; and identify policy interventions aimed at reducing loneliness and social isolation.Read moreRead less
Sustainable fiscal federalism and reform of the GST distribution system. The primary source of funds for Australian States and Territories is GST revenue distributed by the Commonwealth using an equalisation formula that has proved to be politically unsustainable and in recent times manifestly inadequate to provide the revenue needed in response to crises and natural disasters. A tipping point has been reached and reform is urgently needed. Drawing on international experience with GST distributi ....Sustainable fiscal federalism and reform of the GST distribution system. The primary source of funds for Australian States and Territories is GST revenue distributed by the Commonwealth using an equalisation formula that has proved to be politically unsustainable and in recent times manifestly inadequate to provide the revenue needed in response to crises and natural disasters. A tipping point has been reached and reform is urgently needed. Drawing on international experience with GST distributions specifically and fiscal federalism more generally, the project aims to develop a reform blueprint for a sustainable and equitable fiscal federalism regime in Australia that best aligns with Australia’s current and long-term fiscal needs.Read moreRead less
Mathematics for future magnetic devices. The aim of this project is to develop a mathematical theory and numerical models of stochastic partial differential
equations for magnetic nano-structures. Such materials will yield next-generation magnetic memories with up to
three orders of magnitude faster switching speeds and dramatically increased data storage density. New
mathematical theories will help understand their sensitivity to small random fluctuations that can destroy stored
information. Th ....Mathematics for future magnetic devices. The aim of this project is to develop a mathematical theory and numerical models of stochastic partial differential
equations for magnetic nano-structures. Such materials will yield next-generation magnetic memories with up to
three orders of magnitude faster switching speeds and dramatically increased data storage density. New
mathematical theories will help understand their sensitivity to small random fluctuations that can destroy stored
information. This project aims to revolutionise mathematical modelling of magnetic memories and put Australia at
the forefront of international research. Technological advances to create much smaller and faster memory devices
are expected to enable groundbreaking ways of managing and mining big dataRead moreRead less
A new numerical analysis for partial differential equations with noise. This project aims to design novel numerical methods, grounded in rigorous mathematical foundations, for partial differential equations with stochastic source terms, such as for instance those modelling fluid flows with random perturbations. To ensure the accuracy of numerical simulations, preserving certain quantities of importance (mass, flux) is critical. The project's goal is to develop finite volume and high-order numeri ....A new numerical analysis for partial differential equations with noise. This project aims to design novel numerical methods, grounded in rigorous mathematical foundations, for partial differential equations with stochastic source terms, such as for instance those modelling fluid flows with random perturbations. To ensure the accuracy of numerical simulations, preserving certain quantities of importance (mass, flux) is critical. The project's goal is to develop finite volume and high-order numerical methods that are applicable in real-world settings, designed to achieve this preservation of essential quantities, and mathematically proven to be robust. The expected benefits are cost-efficient and reliable numerical tools for the scientific simulation of phenomena subjected to uncontrolled influence.Read moreRead less
Microeconometric Analysis of Socioeconomic Inequity in Mental Healthcare. The project aims to describe the extent of socioeconomic inequity in Australian mental healthcare use, identify the causal pathways that drive inequities, and conduct economic evaluations of programs aimed at increasing healthcare access. Microeconometric methods will be used to analyse large, longitudinal datasets that have not previously been used for this purpose. The project expects to provide a greater understanding o ....Microeconometric Analysis of Socioeconomic Inequity in Mental Healthcare. The project aims to describe the extent of socioeconomic inequity in Australian mental healthcare use, identify the causal pathways that drive inequities, and conduct economic evaluations of programs aimed at increasing healthcare access. Microeconometric methods will be used to analyse large, longitudinal datasets that have not previously been used for this purpose. The project expects to provide a greater understanding of the barriers that people face in accessing treatment and how to overcome them. Such understanding is currently missing from academic literatures and policy inquiries. Ultimately, the research should aid in the design of cost-effective policies that improve health outcomes and that reduce inequities in treatment access.Read moreRead less
Stability Analysis of Power System with Massive Power Electronic Devices. The decarbonization of Australia's power systems is to integrate massive renewable energy sources which are interfaced with many power electronic devices (PEDs). The fast and complex dynamics of PEDs have significantly changed the nature of the power system, which limits the applicability of existing tools and methods to assess its stability. The goal of this project is to gain a comprehensive insight into the stability of ....Stability Analysis of Power System with Massive Power Electronic Devices. The decarbonization of Australia's power systems is to integrate massive renewable energy sources which are interfaced with many power electronic devices (PEDs). The fast and complex dynamics of PEDs have significantly changed the nature of the power system, which limits the applicability of existing tools and methods to assess its stability. The goal of this project is to gain a comprehensive insight into the stability of a futuristic power system with high penetration of PEDs. The intended outcomes will be a model and data jointly driven methodology for high-efficient and real-time stability assessment. The methodology developed in this project will support Australia's transition to a stable, secure, and low-carbon power grid.Read moreRead less
Australia's Resilience to Recession. This project aims to study why Australia differs from its OECD peers in that it has not had a recession for 27 years. It intends to generate knowledge by using economic models to solve 3 puzzles relating to Australia’s success: (i) why did foreign financial market shocks not spill over to the economy?; (ii) how has the resource curse that affects economies with a booming resource sector been avoided?; and (iii) what makes Australia special? Expected outcomes ....Australia's Resilience to Recession. This project aims to study why Australia differs from its OECD peers in that it has not had a recession for 27 years. It intends to generate knowledge by using economic models to solve 3 puzzles relating to Australia’s success: (i) why did foreign financial market shocks not spill over to the economy?; (ii) how has the resource curse that affects economies with a booming resource sector been avoided?; and (iii) what makes Australia special? Expected outcomes include the development of theoretical and empirical models that reflect the unique features of the Australian economy. This should provide significant benefits, including guidance to Australian and international policymakers on macroeconomic policies for resource-rich countries.Read moreRead less
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