An economic analysis of multi-period reform programs. This project aims to use a mechanism design approach to study multi-period reform programs and their use in the transition from status quo institutions. The project intends to shed light on the difficulties of introducing efficiency enhancing long-term policies. Expected outcomes include theoretical models that incorporate adjustment costs, common values, and complicated status quo institutions into models of economic reform from a mechanism ....An economic analysis of multi-period reform programs. This project aims to use a mechanism design approach to study multi-period reform programs and their use in the transition from status quo institutions. The project intends to shed light on the difficulties of introducing efficiency enhancing long-term policies. Expected outcomes include theoretical models that incorporate adjustment costs, common values, and complicated status quo institutions into models of economic reform from a mechanism design perspective as well as optimal dynamic reform policies in the presence of these frictions, focusing attention in the trade-off between static efficiency and dynamic welfare gains. Intended benefits include insights that are wildly applicable to the provision of public infrastructure and management of public resources.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
Discovery Early Career Researcher Award - Grant ID: DE210100473
Funder
Australian Research Council
Funding Amount
$462,573.00
Summary
Breaking Performance Limits of Solar Inverters for a Sustainable Future. Micro-inverters offer a unique ability to maximise solar energy yield and streamline the installation, operation and maintenance process of solar power generation, thus having huge potentials to drastically reduce the cost of solar electricity. However, performance limits have hampered their wider applications in the energy sector. This project aims to tackle the performance challenges of micro-inverters by developing a nov ....Breaking Performance Limits of Solar Inverters for a Sustainable Future. Micro-inverters offer a unique ability to maximise solar energy yield and streamline the installation, operation and maintenance process of solar power generation, thus having huge potentials to drastically reduce the cost of solar electricity. However, performance limits have hampered their wider applications in the energy sector. This project aims to tackle the performance challenges of micro-inverters by developing a novel power-conversion architecture, a unified design framework, and a new control theory. The intended research outcome will be a new range of ultra-high-performance micro-inverters. This will promote greater solar uptake and maintain Australia’s leadership in the development of disruptive solar power generation technology.Read moreRead less
Need for Speed: Towards Controller Design Automation for Power Electronics. This project aims to address the need for advanced controller design automation tools for power electronics systems by advocating a novel design paradigm. The project expects to seek breakthroughs in the modelling and optimisation aspects of power electronics systems and generate new automation tools for existing and emerging power electronics applications. Expected outcome include significant reduction of controller dev ....Need for Speed: Towards Controller Design Automation for Power Electronics. This project aims to address the need for advanced controller design automation tools for power electronics systems by advocating a novel design paradigm. The project expects to seek breakthroughs in the modelling and optimisation aspects of power electronics systems and generate new automation tools for existing and emerging power electronics applications. Expected outcome include significant reduction of controller development cycle time and cost, minimisation of human oversight, and maximisation of system performance. Profound benefits include maintaining Australia’s leadership in a wide range of sectors such as renewable energy and electric vehicles demanding rapid development cycles and realisation of Australia’s zero-carbon vision. Read moreRead less