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Market Design for the Reallocation of Land. This fellowship uses laboratory and lab-in-the-field experiments to explores how market design can be used to develop combinatorial exchanges that allow participants to exchange packages of land. Allowing for package bids can facilitate trade in situations where owning one piece of land increases the value of adjacent land and where assembling contiguous pieces of land is important. Combinatorial exchanges have the potential to increase the productivit ....Market Design for the Reallocation of Land. This fellowship uses laboratory and lab-in-the-field experiments to explores how market design can be used to develop combinatorial exchanges that allow participants to exchange packages of land. Allowing for package bids can facilitate trade in situations where owning one piece of land increases the value of adjacent land and where assembling contiguous pieces of land is important. Combinatorial exchanges have the potential to increase the productivity of agriculture land in both Australia and developing countries, encourage urban redevelopment, and help the government secure land for infrastructure and environmental protection in a cost-effective way.Read moreRead less
The role of moral sentiments and emotions in human nature: an interdisciplinary empirical approach. This project investigates the effects of moral sentiments and emotions on decision processes. It will identify states of physiological arousal, determine whether a significant genetic effect is present, assess the relevance of individuals' environment and inherited values, and provide a better biological micro-foundation for human behaviour.
Income and well-being: Evidence from international commodity price shocks. This project aims to examine the effects of income from international commodity price windfalls on peoples’ well-being. Exports of natural resources (iron, coal and copper) are an important source of income for the Australian economy. International prices for these commodities have declined in recent years, lowering national income. The project will analyse both objective and subjective measures of well-being at both the ....Income and well-being: Evidence from international commodity price shocks. This project aims to examine the effects of income from international commodity price windfalls on peoples’ well-being. Exports of natural resources (iron, coal and copper) are an important source of income for the Australian economy. International prices for these commodities have declined in recent years, lowering national income. The project will analyse both objective and subjective measures of well-being at both the cross-country time-series and the sub-national levels, tailored to the Australian economy. It is expected that the project’s findings will benefit academia, public policy makers and everyday people. The project will inform academics and policy makers about how income from international commodity price windfalls affects peoples' well-being.Read moreRead less
New Perspectives on the Socioeconomic Determinants and Dynamics of Mental Health and Wellbeing using Panel, Cohort and Internet Search Data. This project will provide new evidence on the determinants and dynamics of mental health and wellbeing using a range of survey data that tracks individuals for up to 50 years, as well as real-time information from internet search data. Mental health problems often start early in life and reoccur throughout adulthood, which makes a better understanding of th ....New Perspectives on the Socioeconomic Determinants and Dynamics of Mental Health and Wellbeing using Panel, Cohort and Internet Search Data. This project will provide new evidence on the determinants and dynamics of mental health and wellbeing using a range of survey data that tracks individuals for up to 50 years, as well as real-time information from internet search data. Mental health problems often start early in life and reoccur throughout adulthood, which makes a better understanding of the relationship between childhood socioeconomic conditions and mental health outcomes throughout the life-course important for designing policies aimed at early prevention, and therefore reducing socioeconomic inequalities.Read moreRead less
Origins, evolution, and economic cost of gender norms. Gender norms are slow to change, and key drivers of economic development. This proposal leverages natural experiments to test their causal implications on two major channels of economic growth: the trust shared by individuals and the productivity of firms. It will use cutting-edge empirical techniques to generate novel measures of diversity and inclusion for Australian firms, and will conduct original fieldwork, matching experimental measure ....Origins, evolution, and economic cost of gender norms. Gender norms are slow to change, and key drivers of economic development. This proposal leverages natural experiments to test their causal implications on two major channels of economic growth: the trust shared by individuals and the productivity of firms. It will use cutting-edge empirical techniques to generate novel measures of diversity and inclusion for Australian firms, and will conduct original fieldwork, matching experimental measures of trust and cooperation with variation in traditional male versus female roles. This research aims at improving fundamental knowledge about how cultural norms shape economic outcomes and anticipates delivering practical policy recommendations for more efficient and inclusive economic growth. Read moreRead less
Understanding Business Dynamism: Drivers and Macroeconomic Implications. Business dynamism – the process of firm entry, growth and exit – is key for productivity as it moves jobs and capital from less to more efficient uses. But, business dynamism (and with it growth in productivity and living standards) has slowed in many countries, including Australia. Grasping the reasons and economic effects of this is a challenge. This Project aims to reshape our thinking about business dynamism, its driver ....Understanding Business Dynamism: Drivers and Macroeconomic Implications. Business dynamism – the process of firm entry, growth and exit – is key for productivity as it moves jobs and capital from less to more efficient uses. But, business dynamism (and with it growth in productivity and living standards) has slowed in many countries, including Australia. Grasping the reasons and economic effects of this is a challenge. This Project aims to reshape our thinking about business dynamism, its drivers, and how it impacts the economy – from sources of long-run productivity growth and the cleansing effect of firm exit, to how climate risks impact business dynamism. The delivered empirical facts and models will aid policy design for reviving business dynamism, underpinning potentially large societal and economic gains.Read moreRead less
Bayesian analysis of individual decisions in health and labour economics. This project aims to exploit emerging Bayesian Markov chain Monte Carlo methods to develop new approaches to modelling economic decision making. These methods will generate insights into two current and important policy debates. This includes (i) marijuana, alcohol and tobacco use and legalisation of marijuana use; and (ii) parental leave policies, maternity leave decisions and mothers' labour market dynamics. Although p ....Bayesian analysis of individual decisions in health and labour economics. This project aims to exploit emerging Bayesian Markov chain Monte Carlo methods to develop new approaches to modelling economic decision making. These methods will generate insights into two current and important policy debates. This includes (i) marijuana, alcohol and tobacco use and legalisation of marijuana use; and (ii) parental leave policies, maternity leave decisions and mothers' labour market dynamics. Although policies play an important role in observed health and labour market behaviours, their exact effects on individuals' decisions and outcomes are often difficult to quantify due to the complex nature of the decision process. Outcomes from the project will include new evidence of changes in substance uses under different legal scenarios and provide benefits such as yielding vital evidence on labour market and health behaviour impacts to support policy makers and strengthen Australia's research capacity in Bayesian analysis.Read moreRead less
Quantifying the economic and social impacts of drought in rural Australia. Climate-change research predicts drought is likely to increase its frequency, duration and severity, drastically challenging Australian agriculture and rural societies. The aim of this project is to use innovative techniques to analyse (i) national datasets to determine the economic and social impacts of droughts in rural and regional Australia; and (ii) the results of a national survey to estimate and understand farmers’ ....Quantifying the economic and social impacts of drought in rural Australia. Climate-change research predicts drought is likely to increase its frequency, duration and severity, drastically challenging Australian agriculture and rural societies. The aim of this project is to use innovative techniques to analyse (i) national datasets to determine the economic and social impacts of droughts in rural and regional Australia; and (ii) the results of a national survey to estimate and understand farmers’ drought adaptation responses to carbon-credit market signals. The outcomes are expected to be a major step in developing and implementing cost-effective drought policies and services to minimise its complex impacts, strengthen rural and regional community resilience, and enhance sustainable agriculture in Australia. Read moreRead less
Rethinking diversity and inclusion practices in leadership roles. This project aims to study the lack of racial and gender diversity in management and leadership roles. The noticeable imbalances question the functioning of the meritocracy principle and may lead to organisational and social vulnerabilities. This project will apply large-scale field experiments with major organisations to investigate how workplace diversity and inclusion can be improved using as foundation economic theories of sig ....Rethinking diversity and inclusion practices in leadership roles. This project aims to study the lack of racial and gender diversity in management and leadership roles. The noticeable imbalances question the functioning of the meritocracy principle and may lead to organisational and social vulnerabilities. This project will apply large-scale field experiments with major organisations to investigate how workplace diversity and inclusion can be improved using as foundation economic theories of signaling, discrimination, fairness, and identity. The expected outcome is the identification of best diversity and inclusion practice in attraction, hiring, development and retention. This will provide significant benefit through an increase in workplace diversity.
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Trade policy, firm entry and welfare. This project aims to quantify the effects of global tariff cuts on international trade volumes, firm entry and consumer welfare. Tariffs have fallen significantly globally. The project will incorporate international-trade theory into a parsimonious quantitative model of international trade including almost all countries. The project will also compile a comprehensive international database on tariff barriers. The project expects to refine international trade ....Trade policy, firm entry and welfare. This project aims to quantify the effects of global tariff cuts on international trade volumes, firm entry and consumer welfare. Tariffs have fallen significantly globally. The project will incorporate international-trade theory into a parsimonious quantitative model of international trade including almost all countries. The project will also compile a comprehensive international database on tariff barriers. The project expects to refine international trade theory on the effects of tariff reductions on firm entry into markets; estimate the effects of actual multilateral and preferential tariff reductions; create a tool for evaluating trade and industrial policy; and disseminate international tariff databases.Read moreRead less