Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater pre ....Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater precision. The techniques developed in this project will facilitate the understanding and communication of monetary policy within the central banks concerned, and enhance communication of monetary policy strategy to the public.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE150100795
Funder
Australian Research Council
Funding Amount
$365,000.00
Summary
New approaches to estimating nonlinear time-varying macroeconometric models. Quantitative models are essential for formulating good policies. In a changing world, the analysis should be based on models that allow the behaviour of the economy to change over time. Due to computational limitations, however, one is often restricted to linear models, even when nonlinear ones are more appropriate. This project aims to develop new methods for estimating time-varying nonlinear models. Two important appl ....New approaches to estimating nonlinear time-varying macroeconometric models. Quantitative models are essential for formulating good policies. In a changing world, the analysis should be based on models that allow the behaviour of the economy to change over time. Due to computational limitations, however, one is often restricted to linear models, even when nonlinear ones are more appropriate. This project aims to develop new methods for estimating time-varying nonlinear models. Two important applications are also considered: one investigates how the zero lower bound on interest rates affects the monetary policy transmission mechanism; and, the other examines how uncertainties about monetary and fiscal policy affect economic growth and inflation. This project will have strong practical significance for conducting macroeconomic policy.Read moreRead less
Measuring inflation expectations and inflation expectations uncertainty. This project aims to construct model-based measures of inflation expectations and inflation expectations uncertainty. Inflation expectations can determine economic outcomes. This project will develop non-linear time-varying models to combine information from noisy and possibly biased measures of inflation expectations from surveys and financial markets. These model-based measures are expected to be better calibrated and to ....Measuring inflation expectations and inflation expectations uncertainty. This project aims to construct model-based measures of inflation expectations and inflation expectations uncertainty. Inflation expectations can determine economic outcomes. This project will develop non-linear time-varying models to combine information from noisy and possibly biased measures of inflation expectations from surveys and financial markets. These model-based measures are expected to be better calibrated and to provide valuable information for policymakers for formulating macroeconomic policies. They can be used to better assess the credibility of monetary policy and shed light on the causes of low inflation rate in developed economies.Read moreRead less
Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the ec ....Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the economy, and the factors contributing to it. This should provide significant benefits through informing the conduct of Australian macroeconomic policy, as the appropriate policy response depends not only on knowing the current state of the economy but understanding the economic factors underlying it.
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Exposing the anonymous attacker: detecting identity crimes using real-time entity resolution on large dynamic databases. Given the increasingly large costs of identity crimes in Australia, developing improved electronic identity verification techniques is highly significant in reducing losses from such crimes, making the Australian economy more competitive, and increasing consumer confidence in Australian financial institutions. Veda Advantage is widely used for identity verification by Australi ....Exposing the anonymous attacker: detecting identity crimes using real-time entity resolution on large dynamic databases. Given the increasingly large costs of identity crimes in Australia, developing improved electronic identity verification techniques is highly significant in reducing losses from such crimes, making the Australian economy more competitive, and increasing consumer confidence in Australian financial institutions. Veda Advantage is widely used for identity verification by Australian financial service providers, so the benefits of the techniques developed in this project will automatically flow through to the Australian community. These techniques will be sufficiently generic to be of use for real-time identity verification in a broad range of applications, including e-Government portals, electronic banking, online stores, or national security systems.Read moreRead less
Privacy-preserving cloud data mining-as-a-service. This project aims to explore practical privacy-preserving solutions for cloud data mining-as-a-service based on the Intel Software Guard Extensions (SGX) technology. The research addresses privacy concerns of users when outsourcing data mining needs to the cloud. These concerns have increased as more businesses evaluate data mining-as-an outsourced service due to lack of expertise or computation resources. The expected outcomes from the research ....Privacy-preserving cloud data mining-as-a-service. This project aims to explore practical privacy-preserving solutions for cloud data mining-as-a-service based on the Intel Software Guard Extensions (SGX) technology. The research addresses privacy concerns of users when outsourcing data mining needs to the cloud. These concerns have increased as more businesses evaluate data mining-as-an outsourced service due to lack of expertise or computation resources. The expected outcomes from the research will include new data privacy models, new privacy-preserving data mining algorithms, and a prototype of cloud data mining software. These will help businesses cut costs for data mining and privacy protection, and provide significant benefits toward helping Australia achieve its national cyber security strategy and potentially provide economic impact from commercialisation of new software technology for the industry partner.Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE0238930
Funder
Australian Research Council
Funding Amount
$350,000.00
Summary
Austlit: The Australian Literature Gateway - Enhancement Stage Two. The Austlit: The Australian Literature Gateway Enhancement Stage Two Project will deliver enhanced functionality for researchers using the integrated resource discovery service developed in 2000 and 2001. In 2002, the Gateway will add new bibliographic, biographical and full text sources to the service, and map rich literary relationships based on this data, supporting the development of new research questions on the place of th ....Austlit: The Australian Literature Gateway - Enhancement Stage Two. The Austlit: The Australian Literature Gateway Enhancement Stage Two Project will deliver enhanced functionality for researchers using the integrated resource discovery service developed in 2000 and 2001. In 2002, the Gateway will add new bibliographic, biographical and full text sources to the service, and map rich literary relationships based on this data, supporting the development of new research questions on the place of the national literature in Australian culture. The Gateway's technical infrastructure will be developed to offer a sophisticated browsing interface, customised services to support specific research, and broader interoperability with other services, including flexible education and portal services.Read moreRead less
Developing A Smart Farming Oriented Secure Data Infrastructure. Smart farming is the future of agriculture. However, recently the Federal Bureau of Investigation has issued a
warning that the lack of data privacy and cyber security mechanisms in the field runs a high risk of disaster. This
project aims to establish an innovative secure data infrastructure for smart farming including secure and automated smart farming supply-chain management. The deliverables of this project will include the cutt ....Developing A Smart Farming Oriented Secure Data Infrastructure. Smart farming is the future of agriculture. However, recently the Federal Bureau of Investigation has issued a
warning that the lack of data privacy and cyber security mechanisms in the field runs a high risk of disaster. This
project aims to establish an innovative secure data infrastructure for smart farming including secure and automated smart farming supply-chain management. The deliverables of this project will include the cutting-edge Blockchain based secure IoT data management and privacy-preserving smart contracts for smart farming supply-chain management. This data infrastructure will be the first of its kind which will lay a solid foundation for smart farming technology.Read moreRead less
Integrated Photonics for Secure Communication and Related Applications in Financial Transaction Data Analysis. The project includes excellent basic science, semiconductor device fabrication and applied mathematics with explicitly identified consequences for innovation. There is strong potential for national economic benefits through the manufacture of new integrated photonic devices, the application of these devices in secure communication systems, the research of advanced non-linear analysis pr ....Integrated Photonics for Secure Communication and Related Applications in Financial Transaction Data Analysis. The project includes excellent basic science, semiconductor device fabrication and applied mathematics with explicitly identified consequences for innovation. There is strong potential for national economic benefits through the manufacture of new integrated photonic devices, the application of these devices in secure communication systems, the research of advanced non-linear analysis protocols, and the implementation of these in financial transaction analysis. Professional development and research education of postgraduate students and early career researchers will be carried out in a multi-disciplinary research environment with ongoing uptake of the research in industry and commercial sectors.Read moreRead less
Data sharing with strong privacy against inference attacks. This project aims to develop theories and techniques for strong protection of personal information in sharing large datasets such as national health data or census records. It intends to achieve this through developing new information theoretic methods for synthesising datasets with proven high fidelity and protection against re-identification and inference attacks, where attackers try to learn probability of sensitive data. The expecte ....Data sharing with strong privacy against inference attacks. This project aims to develop theories and techniques for strong protection of personal information in sharing large datasets such as national health data or census records. It intends to achieve this through developing new information theoretic methods for synthesising datasets with proven high fidelity and protection against re-identification and inference attacks, where attackers try to learn probability of sensitive data. The expected outcomes are algorithms for public and private sector data curators to dial up or down their data access arrangements based on privacy risks and fidelity demands linked with different data types and uses. This project intends to enable Australians to securely benefit from valuable data in decision making.Read moreRead less