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
Heterogeneity, Wage Inequality, Unemployment, and Economic Growth. This project would provide the first internally consistent theory of wage inequality, unemployment and economic growth - and the roles that government policy variables play in determining them. It would use and extend frontier developments in theory, and identify the settings of policy variables (unemployment insurance, tax structures, education policies) that maximise social welfare, given that governments must satisfy their bud ....Heterogeneity, Wage Inequality, Unemployment, and Economic Growth. This project would provide the first internally consistent theory of wage inequality, unemployment and economic growth - and the roles that government policy variables play in determining them. It would use and extend frontier developments in theory, and identify the settings of policy variables (unemployment insurance, tax structures, education policies) that maximise social welfare, given that governments must satisfy their budget constraints. It also aims to uncover the relationship between the innate abilities of workers and their education choices - and the consequences for macro economies and public policy.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE130100806
Funder
Australian Research Council
Funding Amount
$347,620.00
Summary
Human capital risk: implications for policy. The project examines how human capital investment decisions are affected by risk and policy actions that are taken to partially alleviate these risks. The quantitative analysis provides important insights which will enhance the debate on the merits of education subsidies and unemployment benefits program in the United States and Australia.
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
Discovery Early Career Researcher Award - Grant ID: DE150100809
Funder
Australian Research Council
Funding Amount
$326,000.00
Summary
The economic cost of the Israeli-Palestinian conflict:a historical analysis. This project aims to contribute to a deeper understanding of the long-run economic impact of the Arab-Israeli conflict. Combining the tools of historical research and empirical economic analysis, it aims to investigate four specific economic aspects of the conflict: the origin and implications of the economic separation between Arabs and Jews; the conflict's costs and the related spillover effects to the Middle East; th ....The economic cost of the Israeli-Palestinian conflict:a historical analysis. This project aims to contribute to a deeper understanding of the long-run economic impact of the Arab-Israeli conflict. Combining the tools of historical research and empirical economic analysis, it aims to investigate four specific economic aspects of the conflict: the origin and implications of the economic separation between Arabs and Jews; the conflict's costs and the related spillover effects to the Middle East; the evolution of the Israeli-Palestinian labour market; and, the study of trade relations between Israel, Palestine and the Middle East. The analysis will provide new insights to improve the prospects for viable economic growth and development in the region through trade policy and increased labour market integration.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
The Allocation of Risk and Economic Slumps. The aim of this project is to construct and analyse models that identify a novel feedback mechanism in which the distribution of investment risk interacts with aggregate employment variations. It will provide a useable framework for economic policy analysis in which the distribution of wealth affects the demand for investment risk while the distribution of production risk affects the supply of labour income risk.
Women in non-traditional careers: a longitudinal study of female professionals in the mining and resources industries. This project is in line with National Research Priority, strengthening Australia's social and economic fabric, which identifies the importance of research on workforce participation. The main aim of this research is to increase the attraction, participation, development and most importantly, retention of qualified female technical staff in the Australian resource industry. Analy ....Women in non-traditional careers: a longitudinal study of female professionals in the mining and resources industries. This project is in line with National Research Priority, strengthening Australia's social and economic fabric, which identifies the importance of research on workforce participation. The main aim of this research is to increase the attraction, participation, development and most importantly, retention of qualified female technical staff in the Australian resource industry. Analysis of project outputs will directly inform policies and practices to redress the significant skill shortages in the industry. Furthermore enhancing workplace diversity is necessary to create effective and innovative workplaces that reflect the diversity of the broader Australian society.Read moreRead less
Productivity, growth and unemployment in economies with frictions. This project aims to examine decisions driving productivity, growth, and unemployment in macroeconomies with frictions. It examines how government (fiscal, monetary, and education) policies determine these decisions, and identifies the best configurations of these policies. It will construct dynamic general equilibrium models of economies to analyse the causal structure behind productivity changes, growth and unemployment. It wil ....Productivity, growth and unemployment in economies with frictions. This project aims to examine decisions driving productivity, growth, and unemployment in macroeconomies with frictions. It examines how government (fiscal, monetary, and education) policies determine these decisions, and identifies the best configurations of these policies. It will construct dynamic general equilibrium models of economies to analyse the causal structure behind productivity changes, growth and unemployment. It will conduct quantitative experiments using simulations, to estimate optimal government policy design settings. This project expects to identify policies that promote productivity, growth and employment.Read moreRead less
Achieving a Skilled and Sustainable Aged Care Workforce for Australia. Demand for aged care services in Australia has reached record levels and is set to rise steeply due to population ageing. The Productivity Commission identified the sector’s need to provide more care services, to expand consumer-directed care and to improve the quality of care. Currently, there is little evidence as to how the workforce can expand and change to meet these challenges. This project aims to provide new evidence ....Achieving a Skilled and Sustainable Aged Care Workforce for Australia. Demand for aged care services in Australia has reached record levels and is set to rise steeply due to population ageing. The Productivity Commission identified the sector’s need to provide more care services, to expand consumer-directed care and to improve the quality of care. Currently, there is little evidence as to how the workforce can expand and change to meet these challenges. This project aims to provide new evidence on how to attract, retain and up-skill workers in a rapidly expanding demand environment, as the sector strives to achieve a sustainable and skilled workforce fit for the future needs of older Australians.Read moreRead less