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
Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness di ....Analysis of the Global Price Competitiveness of Tourism with particular reference to Australia. Price competitiveness is a key determinant of tourism flows, and this project will measure and explain global patterns in competitiveness. Building on earlier work by the investigators, it will expand the measures of competitiveness and develop a new method for measuring competitiveness in package tourism. Cross country differences in industry productivity are a primary reason why competitiveness differs; productivity will be measured using input and output prices. Patterns in productivity will be analysed, and the hypothesis that productivity varies inversely with real incomes, observed in other service industries, will be tested.Read moreRead less
Evaluating the impact of Indigenous preferential procurement programs. This project aims to conduct a multi-disciplinary, multi-method evaluation of the implementation and impacts of Indigenous preferential procurement programs (IPPPs) on Indigenous businesses, Indigenous communities, procurers’ operations and outcomes. Bringing together researchers in partnership with corporate and government procurers, Indigenous data custodians and the Australian Bureau of Statistics we aim to produce a signi ....Evaluating the impact of Indigenous preferential procurement programs. This project aims to conduct a multi-disciplinary, multi-method evaluation of the implementation and impacts of Indigenous preferential procurement programs (IPPPs) on Indigenous businesses, Indigenous communities, procurers’ operations and outcomes. Bringing together researchers in partnership with corporate and government procurers, Indigenous data custodians and the Australian Bureau of Statistics we aim to produce a significant national program evaluation of IPPPs and the impact at the community level. The project aims to highlight ways in which IPPPs can be [re]designed to reduce implementation friction, facilitate access and participation among Indigenous businesses and help guarantee positive effects on Indigenous communities.Read moreRead less
Job retention and advancement of disadvantaged job-seekers. This project will use empirical methods to help determine what is necessary for job retainment and career advancement of disadvantaged jobseekers. Job retainment and advancement are essential to prolonged workforce participation and the development of human capital of disadvantaged jobseekers re-entering the workforce. Understanding and supporting the drivers of workforce participation is identified as a National Research Priority. Ther ....Job retention and advancement of disadvantaged job-seekers. This project will use empirical methods to help determine what is necessary for job retainment and career advancement of disadvantaged jobseekers. Job retainment and advancement are essential to prolonged workforce participation and the development of human capital of disadvantaged jobseekers re-entering the workforce. Understanding and supporting the drivers of workforce participation is identified as a National Research Priority. Therefore, the project findings will be of considerable importance to employment policy development in Australia to help ensure that future policy developments improve the human capital of disadvantaged entrants to the labour market and alleviate longer-term poverty and social exclusion. Read moreRead less
Adapting for an uncertain future: farmer behaviour in water-stressed basins. Given the future risk of water scarcity, farmers will need to plan for greater farm-level adaptation. Drought and policy reform have inflicted significant economic, social and personal stress upon Murray-Darling Basin rural communities. This project aims to aid water managers and policy makers with a greater understanding of transformational farmer adaptation in order to plan for the economic, social and health impacts ....Adapting for an uncertain future: farmer behaviour in water-stressed basins. Given the future risk of water scarcity, farmers will need to plan for greater farm-level adaptation. Drought and policy reform have inflicted significant economic, social and personal stress upon Murray-Darling Basin rural communities. This project aims to aid water managers and policy makers with a greater understanding of transformational farmer adaptation in order to plan for the economic, social and health impacts of future water scarcity from climate change and water reform-related policies. The focus will be on the Murray-Darling Basin, as well as undertaking a comparative analysis with water stressed basins in the United States.Read moreRead less
Economic growth and globalisation: identifying costs and benefits. Globalisation provides opportunities to stimulate economic development and growth, but it may also impose costs on national economies. This project will utilise economic theory and econometric analysis to identify the principal sources and the magnitude of such benefits and costs. It will focus on three areas: trade in consumer goods; trade in capital goods; and the importation of knowledge and technology. The results will in ....Economic growth and globalisation: identifying costs and benefits. Globalisation provides opportunities to stimulate economic development and growth, but it may also impose costs on national economies. This project will utilise economic theory and econometric analysis to identify the principal sources and the magnitude of such benefits and costs. It will focus on three areas: trade in consumer goods; trade in capital goods; and the importation of knowledge and technology. The results will inform national policy-making in the areas of trade policy, industry policy, education and R&D.Read moreRead less
Economic modelling for Australia and the USA: forecasts, policy analysis and comparative studies of technology and labour market adjustment. This project involves: a fundamental overhaul of MONASH, a widely used detailed dynamic model of the Australian economy; the creation of MONASH-USA for the United States; and several model-based Australia/US comparisons. MONASH's database and parameters will be updated, and its theoretical specification improved. MONASH-USA will be an advance over existing ....Economic modelling for Australia and the USA: forecasts, policy analysis and comparative studies of technology and labour market adjustment. This project involves: a fundamental overhaul of MONASH, a widely used detailed dynamic model of the Australian economy; the creation of MONASH-USA for the United States; and several model-based Australia/US comparisons. MONASH's database and parameters will be updated, and its theoretical specification improved. MONASH-USA will be an advance over existing US models and will generate policy results of interest both in the United States and Australia. MONASH-USA will have an excellent database and is likely to produce insights on parameter estimation. These will be applicable in Australia. Together, MONASH and MONASH-USA will facilitate comparative studies of technology and labour-market performance.Read moreRead less
Economic policy when interest rates are zero. This Project studies economic policy when interest rates are zero. Low interest rate environments constrain monetary policy because central banks cannot lower rates to raise demand. We exploit recent international experience with zero rates to understand why new policies have had mixed success. We argue different outcomes across countries arise because of different degrees of credibility and familiarity with new policy initiatives. We provide empiric ....Economic policy when interest rates are zero. This Project studies economic policy when interest rates are zero. Low interest rate environments constrain monetary policy because central banks cannot lower rates to raise demand. We exploit recent international experience with zero rates to understand why new policies have had mixed success. We argue different outcomes across countries arise because of different degrees of credibility and familiarity with new policy initiatives. We provide empirical support for this view and study the consequences of imperfectly credible policy. We characterize how monetary policy (conventional and unconventional) and fiscal policy can be used to greatest effect in low interest rate environments and quantify the welfare implications for Australia. Read moreRead less
Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to inv ....Growth, Trade, and Economic Development in Asia. Future growth in Asia has strong implications for growth, relative wages, skill levels, human capital accumulation and trade in Australia. This project seeks to gain insight into whether the high economic growth rates experienced in Asia will continue into the future and whether low income Asian countries will take off in the future. This information will be used to simulate future demand for skills, relative wages, trade and the incentives to invest in Australia and give insight into the effects of various policies in Australia on educational decision, skill composition, relative wages, trade and growth.Read moreRead less
Time-consistent macroeconomic policy in nonlinear models. Efforts to use fiscal policy for macro-stabilisation have led to elevated debt levels and possible default in many countries. This project examines the appropriate design of fiscal policy and its implications for debt over the business cycle.