Australian labour market adjustment to technology, trade and policy. This project aims to examine how the Australian labour market has adjusted over the past 30 years to several major developments: increased use of computers, growth in international trade and the mining boom, microeconomic reform, and the expansion of higher education. The analysis is designed to encompass the effect on labour market outcomes including workers’ pay, the skill composition of employment, migration flows and indivi ....Australian labour market adjustment to technology, trade and policy. This project aims to examine how the Australian labour market has adjusted over the past 30 years to several major developments: increased use of computers, growth in international trade and the mining boom, microeconomic reform, and the expansion of higher education. The analysis is designed to encompass the effect on labour market outcomes including workers’ pay, the skill composition of employment, migration flows and individuals’ decisions about acquiring education. Having a richer understanding of how the labour market has adjusted in the past may help policy-makers to infer how adjustment will happen in the future. For example, a better understanding of the effects of new technologies would provide a stronger basis for judging trends in job creation and hence the types of skills and training that will be required in Australia in future years.Read moreRead less
Economic stress, non-cognitive skill development and life outcomes. This project aims to identify policies in which the fostering of non-cognitive skills (NCS) can break the persistence of economic disadvantage. The project seeks to investigate the mechanisms behind differential development, intergenerational transmission of NCS between "rich and poor," how exposure to economic stress inhibits NCS development and the role of schooling in boosting NCS of disadvantaged children. Expected outcomes ....Economic stress, non-cognitive skill development and life outcomes. This project aims to identify policies in which the fostering of non-cognitive skills (NCS) can break the persistence of economic disadvantage. The project seeks to investigate the mechanisms behind differential development, intergenerational transmission of NCS between "rich and poor," how exposure to economic stress inhibits NCS development and the role of schooling in boosting NCS of disadvantaged children. Expected outcomes include evidence-based policy advice on how human capital investments in NCS can be beneficial for health, educational and labour market success, and how NCS can survive despite economic stress. Intended benefits include new cost-effective policies to reduce inequality and maximise the welfare of society.Read moreRead less
Living on the Margin: The Relationship between Mental Health and Work in Australia. This project will assess the relationship between Australians' mental health and their work, for example, employment status, work conditions and hours. The study is the first to exploit the detailed timing of mental health and employment transitions to identify whether poor labour market outcomes lead to poor mental health or whether the reverse is true. New Australian data will be used to understand whether the ....Living on the Margin: The Relationship between Mental Health and Work in Australia. This project will assess the relationship between Australians' mental health and their work, for example, employment status, work conditions and hours. The study is the first to exploit the detailed timing of mental health and employment transitions to identify whether poor labour market outcomes lead to poor mental health or whether the reverse is true. New Australian data will be used to understand whether the link between mental health and work adds to the economic vulnerability of families and those at risk of homelessness. The results will advance our understanding of the way that mental health affects overall economic well-being and will inform current policy initiatives to promote economic participation and good mental health.Read moreRead less
Status seeking and economic behaviour. The project will look at the importance of status seeking behaviour for the health system, behavioural experiments, international growth, and labelling. The insights will be useful for optimal redistribution policies, international cooperation, and behavioural research.
The analysis of social networks. This project aims to explore the role of social networks in training policies, education, banks, and political beliefs. Networks are central to many activities and can help address adequate policies such as targeting key players in networks. The project will develop theoretical issues about the design and implementation of network models and policies, present empirical evidence on the importance of network effects in these activities, and determine the key player ....The analysis of social networks. This project aims to explore the role of social networks in training policies, education, banks, and political beliefs. Networks are central to many activities and can help address adequate policies such as targeting key players in networks. The project will develop theoretical issues about the design and implementation of network models and policies, present empirical evidence on the importance of network effects in these activities, and determine the key players in real-world networks. This project could increase education and help the police and financial authorities.Read moreRead less
Talent Mismatch: Evidence from Australian Administrative Tax Records. The project aims to study the skill composition of the Australian workforce. Changes in the macroeconomic and technology environments make it hard to predict skill shortage. The project expects to develop macroeconomic models quantifying skill-mismatch of university graduates, identify sources of mismatch, highlight gender and generational differences, and estimate associated costs to Australia. The expected outcomes are to he ....Talent Mismatch: Evidence from Australian Administrative Tax Records. The project aims to study the skill composition of the Australian workforce. Changes in the macroeconomic and technology environments make it hard to predict skill shortage. The project expects to develop macroeconomic models quantifying skill-mismatch of university graduates, identify sources of mismatch, highlight gender and generational differences, and estimate associated costs to Australia. The expected outcomes are to help shape policy recommendations on the funding of tertiary education in a changing economic climate. This should provide significant benefits to Australians, as policies shaping the tertiary education system affect individual income and the aggregate economy by determining labour supply and taxpayers' financial burden.Read moreRead less
Human Capital, Cognitive Skills and Labour Market Outcomes. As Australia competes in the ‘educational race,’ this project will generate new knowledge on the relationship between education, skill attainment and economic outcomes in Australia. The research will provide new empirical evidence on cognitive and non-cognitive skills formation over the life-cycle, and the relationship between these skills and labour market outcomes in Australia within the broader international context. The research wil ....Human Capital, Cognitive Skills and Labour Market Outcomes. As Australia competes in the ‘educational race,’ this project will generate new knowledge on the relationship between education, skill attainment and economic outcomes in Australia. The research will provide new empirical evidence on cognitive and non-cognitive skills formation over the life-cycle, and the relationship between these skills and labour market outcomes in Australia within the broader international context. The research will advance methodological techniques for the economic analysis of cognitive skills and their economic impacts. The research will inform public policy formulation relating to educational attainment, skill development, and strategies to encourage longer workforce engagement over the life-cycle.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.
Macro and micro level subjective expectations information and economic behaviour. This project examines the importance of economic expectations on the future state of the economy in decision making. It focuses on large life decisions such as going into retirement, paying for a university education and buying a house. The project also assess the extent to which people are able to make these predictions accurately.
Skills, productivity, and wages: Theory and evidence . This project aims to build a macroeconomic model to help understand the implications of heterogeneity in workers skills for wages and productivity.
The research significance of this project is in its treatment of worker skills as an indivisible bundle. This bundling of skills gives rise to the possibility that a given skill is priced differently in different occupations which in turn has implications for firms' incentives to invest in tech ....Skills, productivity, and wages: Theory and evidence . This project aims to build a macroeconomic model to help understand the implications of heterogeneity in workers skills for wages and productivity.
The research significance of this project is in its treatment of worker skills as an indivisible bundle. This bundling of skills gives rise to the possibility that a given skill is priced differently in different occupations which in turn has implications for firms' incentives to invest in technology and training and workers' incentives to invest in education.
This project uses state of the art economic theory and empirical methods and expects to provide a new and better understanding of the sources of wage growth that helps guide national policy formation in innovation and training.
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