Distributional Consequences of Mass-Market Higher Education in Business. Increased access to tertiary education has not been evaluated for its effects on the full spectrum of individuals served by the tertiary sector. Using longitudinal data on entire student populations at university business faculties, this project will provide the first Australian evidence on the trade-offs amongst the educational success of students with different levels of preparation that occur when those with poorer prep ....Distributional Consequences of Mass-Market Higher Education in Business. Increased access to tertiary education has not been evaluated for its effects on the full spectrum of individuals served by the tertiary sector. Using longitudinal data on entire student populations at university business faculties, this project will provide the first Australian evidence on the trade-offs amongst the educational success of students with different levels of preparation that occur when those with poorer preparation are added to classrooms. Short-term performance and medium-term attrition, a recent educational policy focus, will be evaluated. Theoretically grounded recommendations will result for undergraduate program design to suit a student population with varying levels of university preparation.Read moreRead less
Nonlinear spatial and spatiotemporal econometrics: theory with applications. Modern societies like Australia have major challenges in the forecasting, measuring and managing of risks associated with global economic and environmental/climate changes. These tasks require advanced econometric techniques in modelling and forecasting of complex nonlinear spatiotemporal variability in economic and social systems. This project will develop frontier econometric technologies that enable more accurate eco ....Nonlinear spatial and spatiotemporal econometrics: theory with applications. Modern societies like Australia have major challenges in the forecasting, measuring and managing of risks associated with global economic and environmental/climate changes. These tasks require advanced econometric techniques in modelling and forecasting of complex nonlinear spatiotemporal variability in economic and social systems. This project will develop frontier econometric technologies that enable more accurate economic and climate forecasts. The tools produced will provide Australia's scientists and policy-makers with a greater capacity to manage the risks associated with these challenges. A side-benefit of the research will be high-quality publications that enhance the nation's reputation in this cutting edge research.Read moreRead less
The paradox of choice: Unravelling complex superannuation decisions. Australia has been a world-leader in retirement savings policy, but there remains a pervasive lack of understanding about how best to communicate complex financial information to decision-makers, along with a push by government for clearer disclosure and greater financial literacy. This project will inform regulators and the superannuation industry on how choices are made and how to present clearer, better-designed information ....The paradox of choice: Unravelling complex superannuation decisions. Australia has been a world-leader in retirement savings policy, but there remains a pervasive lack of understanding about how best to communicate complex financial information to decision-makers, along with a push by government for clearer disclosure and greater financial literacy. This project will inform regulators and the superannuation industry on how choices are made and how to present clearer, better-designed information to be understood by ordinary participants, thus encouraging active, well-informed participation rather than passive 'default' decisions. More efficient investment and benefit choices will improve the economic welfare of retirees, reduce the burden on the working-age population and improve fiscal sustainability.Read moreRead less
A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise ....A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise in the labour market. It will also examine the link between labour market success and the overall settlement experience, including satisfaction with life in Australia, of migrants.Read moreRead less
Challenging econometric issues in nonlinear high-dimensional spatio-temporal prediction: theory and applications. This project will develop cutting-edge methodologies to break through challenging issues in nonlinear spatio-temporal econometric prediction. It will yield a new generation of prediction tools that enpower practitioners in Australia to produce more accurate forecasts, with more informed countermeasures to viarious economic and enviromental risks.