State & territory economic performance and national economic policy. The research is intended to provide a better understanding of the relationship between national and state & territory economic behaviour in Australia and the relative strengths of common and idiosyncratic factors affecting economic performance across the states and territories. The results of the research will help to inform both national and sub-national economic policies and hence contribute to better economic and social outc ....State & territory economic performance and national economic policy. The research is intended to provide a better understanding of the relationship between national and state & territory economic behaviour in Australia and the relative strengths of common and idiosyncratic factors affecting economic performance across the states and territories. The results of the research will help to inform both national and sub-national economic policies and hence contribute to better economic and social outcomes in Australia.Read moreRead less
Technological innovation, trade liberalization, unemployment, and policy design. Australia, like all economies, is heavily influenced by technological changes and shifting trade patterns. Understanding these influences, and the impact they have on the distribution of income, the unemployment rate, and the job mix, is very important for the design of appropriate policy initiatives. The proposed research aims to achieve exactly this by developing a mathematical model which incorporates technologic ....Technological innovation, trade liberalization, unemployment, and policy design. Australia, like all economies, is heavily influenced by technological changes and shifting trade patterns. Understanding these influences, and the impact they have on the distribution of income, the unemployment rate, and the job mix, is very important for the design of appropriate policy initiatives. The proposed research aims to achieve exactly this by developing a mathematical model which incorporates technological change, trade, and unemployment. The model will be used to analyse the effects of these changes and, thus, to design optimal policy. The results from this project should also stimulate policy discussions both within Australia and abroad - enriching academic relations between domestic and international universities.Read moreRead less
Structural Adjustment, Income Risk, and Human Capital Specificity. This project will build a macroeconomic model to attempt to understand how an economy should manage structural adjustment to economic shocks (such as a substantial change in trade policy, significant exchange rate appreciation, or major technological change) in order to induce the reallocation of labour and other factors of production across different sectors of the economy. Two key features of the model will be human capital spe ....Structural Adjustment, Income Risk, and Human Capital Specificity. This project will build a macroeconomic model to attempt to understand how an economy should manage structural adjustment to economic shocks (such as a substantial change in trade policy, significant exchange rate appreciation, or major technological change) in order to induce the reallocation of labour and other factors of production across different sectors of the economy. Two key features of the model will be human capital specificity, that is, skills may not be easily transferrable across sectors of the economy, and incomplete markets for income risk so that the burdens of adjustment may be concentrated on displaced workers rather than being efficiently shared. Various policies for managing adjustment will be evaluated quantitatively.Read moreRead less
Worker Flows and Labour Market Policy in Australia. We propose to undertake a detailed analysis of flows in the Australian labour market. Monthly data on flows of males and females between four labour market states (employed full-time, employed part-time, unemployed and not in the labour force) over the period 1980 to 2003 will be analysed. The project will extend the theory of flows and it will use up-to-date time series econometric analysis coupled with theories of labour market behaviour to b ....Worker Flows and Labour Market Policy in Australia. We propose to undertake a detailed analysis of flows in the Australian labour market. Monthly data on flows of males and females between four labour market states (employed full-time, employed part-time, unemployed and not in the labour force) over the period 1980 to 2003 will be analysed. The project will extend the theory of flows and it will use up-to-date time series econometric analysis coupled with theories of labour market behaviour to build models of the flows. The aim is to better understand trend, cyclical, seasonal and policy influences on labour market flows and to reveal any structural changes which have occurred. This will provide more detail on the underlying causes of unemployment in Australia and especially the manner and the speed of response of males and females to changes in labour market policy and in economic conditions.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
Job vacancies in Australia. The objective of this project is to improve understanding of available measures of job vacancies in the Australian economy, and how those measures can be applied to study the operation of the labour market and in forecasting macroeconomic outcomes. It will increase knowledge about the appropriate use of alternative measures of vacancies, and how those measures have been affected by changes to methods of job search and hiring with the advent of the internet and labour ....Job vacancies in Australia. The objective of this project is to improve understanding of available measures of job vacancies in the Australian economy, and how those measures can be applied to study the operation of the labour market and in forecasting macroeconomic outcomes. It will increase knowledge about the appropriate use of alternative measures of vacancies, and how those measures have been affected by changes to methods of job search and hiring with the advent of the internet and labour hire agencies. The significance of the project derives from the important role of measures of vacancies in labour market and macroeconomic analysis in Australia.Read moreRead less
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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A Review of Work for the Dole as a Labour Market Program. The project will review the Work for the Dole program in terms of its first formal objective (to install work habits in young people)and in the wider context of giving young unemployed people the skills and confidence that will increase their chances of finding employment. The principal research tools used will be sample surveys and in-depth interviews. An independent substantial review will give a firm basis for discussions of the progr ....A Review of Work for the Dole as a Labour Market Program. The project will review the Work for the Dole program in terms of its first formal objective (to install work habits in young people)and in the wider context of giving young unemployed people the skills and confidence that will increase their chances of finding employment. The principal research tools used will be sample surveys and in-depth interviews. An independent substantial review will give a firm basis for discussions of the program, including how it can be improved and whether or not, given the political imperatives to retain it,it is desirable to increase expenditure on it.Read moreRead less
A ten-year comparative analysis of work, benefit and skill trajectories of parallel cohorts of trade and bachelor graduates' working lives. The identification and understanding of the job, skill and benefit trajectories experienced by young skilled workers will contribute to the development of improved national workforce policies. Employers could develop more effective recruitment, retention and training practices for different types of upwardly mobile skilled workers. Governments could improve ....A ten-year comparative analysis of work, benefit and skill trajectories of parallel cohorts of trade and bachelor graduates' working lives. The identification and understanding of the job, skill and benefit trajectories experienced by young skilled workers will contribute to the development of improved national workforce policies. Employers could develop more effective recruitment, retention and training practices for different types of upwardly mobile skilled workers. Governments could improve policies to maintain and extend skilled workers, promote needed skilled trade and degree pathways to youth and develop more effective life long learning strategies for adults. Identifying the social reasons for job and skill change will also assist governments, employers and individuals to develop new educational approaches to improve recruitment, skill retention and market expansion. Read moreRead less
Blended payment systems for doctors: evaluation of an experiment. The results of the study will provide new evidence for health care policy makers in Australia (and internationally) on the effects of changing the remuneration system for GPs on the costs and quality of health care provided. The study will examine effects in the national priority and national health priority areas of preventive health care and chronic disease. The results will be relevant to other countries, such as the US and U ....Blended payment systems for doctors: evaluation of an experiment. The results of the study will provide new evidence for health care policy makers in Australia (and internationally) on the effects of changing the remuneration system for GPs on the costs and quality of health care provided. The study will examine effects in the national priority and national health priority areas of preventive health care and chronic disease. The results will be relevant to other countries, such as the US and UK, where blended payments schemes exist for GPs but have not been evaluated. Read moreRead less