Financial decision making in late adulthood. The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide ....Financial decision making in late adulthood. The project aims to examine links between cognitive changes and financial decision-making in late adulthood and also to assess the preparedness of the elderly to combat financial risks due to age-related cognitive decline. Further, it intends to examine how age, education, wealth, health, and other environmental factors influence transfer of financial decision-making responsibilities to spouses or others. It is expected that the research will provide a greater understanding of how cognitive functioning and other factors affect older adults’ financial capacity and willingness to delegate decision-making responsibilities. This understanding could be used to inform policy initiatives to protect elderly individuals and their family members from the risk of financial mismanagement.Read moreRead less
ARC Centre of Excellence in Population Ageing Research. This Centre intends to generate crucial knowledge to inform social and economic responses to population ageing, one of the most important issues of the 21st century. Population ageing exerts unprecedented pressures on social norms and policy institutions, both in Australia and around the world. Leading researchers from a range of disciplines will undertake multidisciplinary research to help governments, businesses, and consumers prepare for ....ARC Centre of Excellence in Population Ageing Research. This Centre intends to generate crucial knowledge to inform social and economic responses to population ageing, one of the most important issues of the 21st century. Population ageing exerts unprecedented pressures on social norms and policy institutions, both in Australia and around the world. Leading researchers from a range of disciplines will undertake multidisciplinary research to help governments, businesses, and consumers prepare for and make better decisions for an ageing world, with consequent social and economic benefits for families and communities expected to flow to Australia, the Asian region and the world.Read moreRead less
ARC Centre of Excellence in Population Ageing Research. The Centre aims to execute world class basic and applied research to transform our capacity to respond to the economic and social challenges of demographic change, and to changes in individual longevity and cognitive and motor capacity. It will combine in-house expertise with leading researchers globally in initiatives to generate new outcome-oriented approaches to studying the population ageing process and its implications. It s research w ....ARC Centre of Excellence in Population Ageing Research. The Centre aims to execute world class basic and applied research to transform our capacity to respond to the economic and social challenges of demographic change, and to changes in individual longevity and cognitive and motor capacity. It will combine in-house expertise with leading researchers globally in initiatives to generate new outcome-oriented approaches to studying the population ageing process and its implications. It s research will inform innovative policy formulation and product and market development, and train a new generation of researchers into population ageing with an enriched appreciation of the cross-disciplinary dimensions of population ageing research.Read moreRead less
Understanding and preventing workforce vulnerabilities in midlife and beyond. This project brings together frontline service agencies with researchers from two universities to study involuntary non-participation and under-participation in the labour market by midlife Australians. Quantitative and qualitative approaches will be used to understand pathways and outcomes so as to inform policy and practice responses.
Economic Inequality: Trends, Causes and Consequences. Measuring inequality and understanding its determinants is important for three reasons. First, knowing the causes and consequences of inequality is critical to making trade-offs between equity and efficiency. Second, the degree of economic mobility over the lifecycle determines how much opportunity people have to move upwards, and how much risk they face on moving downwards. This informs policies that guard against risk (eg. social insurance) ....Economic Inequality: Trends, Causes and Consequences. Measuring inequality and understanding its determinants is important for three reasons. First, knowing the causes and consequences of inequality is critical to making trade-offs between equity and efficiency. Second, the degree of economic mobility over the lifecycle determines how much opportunity people have to move upwards, and how much risk they face on moving downwards. This informs policies that guard against risk (eg. social insurance) and those that encourage risk (eg. entrepreneurship). Third, by learning more about intergenerational mobility, we can improve policies that seek to boost the life chances of children in disadvantaged households. Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE170100829
Funder
Australian Research Council
Funding Amount
$353,000.00
Summary
The effects of parental education on child health outcomes. This project aims to understand how public education policies can improve health. Common economic analysis of returns to education fails to capture the critical secondary beneficial effects of parental education on future generations’ health. These positive effects are systematically undercounted in the cost-benefit analysis of Australia’s investment in education. This project will use Australian datasets and natural experiments to iden ....The effects of parental education on child health outcomes. This project aims to understand how public education policies can improve health. Common economic analysis of returns to education fails to capture the critical secondary beneficial effects of parental education on future generations’ health. These positive effects are systematically undercounted in the cost-benefit analysis of Australia’s investment in education. This project will use Australian datasets and natural experiments to identify how parental education affects the health outcomes of the second generation. This project expects to provide policy recommendations to maximise health, wellbeing and economic outcomes for Australia.Read moreRead less
Applying behavioural insights to the tax system in Australia. Applying behavioural insights to the tax system in Australia. This project aims to improve compliance and payment in the Australian tax system. It aims to tackle debts of individuals and businesses, the most challenging aspect of tax systems, by applying behavioural insights to design innovative payment interventions and conducting rigorous randomised controlled trials to evaluate their effects. An empirical analysis will account for ....Applying behavioural insights to the tax system in Australia. Applying behavioural insights to the tax system in Australia. This project aims to improve compliance and payment in the Australian tax system. It aims to tackle debts of individuals and businesses, the most challenging aspect of tax systems, by applying behavioural insights to design innovative payment interventions and conducting rigorous randomised controlled trials to evaluate their effects. An empirical analysis will account for heterogeneity in treatment responses, and the findings will be combined with a study of regulatory and administrative processes to support the ultimate goal of a legitimate, fair, cost-effective and responsive tax system.Read moreRead less
Innovative financing mechanisms for higher education. Advances in statistical modelling are used to highlight the potential to apply creatively income contingent loans for the expansion of Australian and international higher education. Alternative student loan mechanisms for income support and tuition are critically analysed, and new arrangements are proposed for equitable reforms in higher education.
Modelling the Impact of Home and Market Productivities on Employment Status, Part-time and Full-time Wages, and Household Formation. Australia has one of the highest proportions of part-time workers of OECD countries. The project aims to investigate, both theoretically and empirically, the determinants of full-time/part-time wage differentials, and of employment status and household formation. This will be done in a new framework that incorporates demand and supply side factors; that explicitly ....Modelling the Impact of Home and Market Productivities on Employment Status, Part-time and Full-time Wages, and Household Formation. Australia has one of the highest proportions of part-time workers of OECD countries. The project aims to investigate, both theoretically and empirically, the determinants of full-time/part-time wage differentials, and of employment status and household formation. This will be done in a new framework that incorporates demand and supply side factors; that explicitly allows for a distribution of productivities across home and market production; and that allows for the augmentation of workplace productivity by investment in human capital. The study will produce new models and empirical results, and contribute to rigorous, informed debate on these important issues.Read moreRead less
Economic impacts of disease on older workers: Costs to government and individuals and opportunities for intervention. With an ageing workforce, Australia is at risk of having an inadequate workforce to ensure economic growth and to maintain sufficient taxation revenue to support future needs.
This project will provide fill substantial gaps in the Australian evidence the health conditions that keep older workers out of the labour market and that diminish their own immediate and long-term livi ....Economic impacts of disease on older workers: Costs to government and individuals and opportunities for intervention. With an ageing workforce, Australia is at risk of having an inadequate workforce to ensure economic growth and to maintain sufficient taxation revenue to support future needs.
This project will provide fill substantial gaps in the Australian evidence the health conditions that keep older workers out of the labour market and that diminish their own immediate and long-term livings standards and reduce funds available to government. We will address one of the most significant issues resulting fundamental changes to the demography of the Australian labour market and one is regularly raised by the Prime Minister and Treasurer in their speeches following the Intergenerational Report.Read moreRead less