Supporting Entry and Growth of Australian Businesses via Tax and Transfers. This project aims to characterise the optimal tax treatment of business income for insurance and efficiency purposes. Using new data for Australia, the project expects to first identify key determinants of businesses creation, growth and exit, before and after COVID-19. In light of those determinants, the project expects to develop original macroeconomic models integrating firm dynamics into optimal taxation frameworks. ....Supporting Entry and Growth of Australian Businesses via Tax and Transfers. This project aims to characterise the optimal tax treatment of business income for insurance and efficiency purposes. Using new data for Australia, the project expects to first identify key determinants of businesses creation, growth and exit, before and after COVID-19. In light of those determinants, the project expects to develop original macroeconomic models integrating firm dynamics into optimal taxation frameworks. Expected outcomes include formulating fiscal policies that provide adequate stimulus to businesses, by balancing public insurance and income inequality. This should deliver evidence-based inputs to promote Australia's post-pandemic recovery, through the design of a fairer and more efficient business tax and transfer system.Read moreRead less
The Role of a Central Bank’s Balance Sheet in Shaping the Economy. In response to the global financial crisis, the world’s major central banks cut their rates to near zero and implemented untested unconventional monetary policies, significantly expanding the size and composition of their balance sheets. More than a decade later, the Reserve Bank of Australia is considering similar balance sheet policies. This proposal aims to develop various frameworks that can be used to simulate and evaluate w ....The Role of a Central Bank’s Balance Sheet in Shaping the Economy. In response to the global financial crisis, the world’s major central banks cut their rates to near zero and implemented untested unconventional monetary policies, significantly expanding the size and composition of their balance sheets. More than a decade later, the Reserve Bank of Australia is considering similar balance sheet policies. This proposal aims to develop various frameworks that can be used to simulate and evaluate when and how to eventually undo unconventional monetary policies in order to prevent a prolonged recession. Thus this research proposal will contribute to the current Australian monetary policy debate while providing some insights on how best to implement such policies, improving the living standards of Australians.Read moreRead less
Talent Mismatch: Evidence from Australian Administrative Tax Records. The project aims to study the skill composition of the Australian workforce. Changes in the macroeconomic and technology environments make it hard to predict skill shortage. The project expects to develop macroeconomic models quantifying skill-mismatch of university graduates, identify sources of mismatch, highlight gender and generational differences, and estimate associated costs to Australia. The expected outcomes are to he ....Talent Mismatch: Evidence from Australian Administrative Tax Records. The project aims to study the skill composition of the Australian workforce. Changes in the macroeconomic and technology environments make it hard to predict skill shortage. The project expects to develop macroeconomic models quantifying skill-mismatch of university graduates, identify sources of mismatch, highlight gender and generational differences, and estimate associated costs to Australia. The expected outcomes are to help shape policy recommendations on the funding of tertiary education in a changing economic climate. This should provide significant benefits to Australians, as policies shaping the tertiary education system affect individual income and the aggregate economy by determining labour supply and taxpayers' financial burden.Read moreRead less
Lifetime Approach to Measuring Inequality in Living Standards in Australia . This project aims to develop a new methodology to study trends in inequality in Australia. It expects to advance the body of knowledge by measuring inequality in living standards over the whole lifetime and by identifying the role of the Australian fiscal system in redistributing lifetime resources across households and generations. This new approach would help clarify the potential bias embedded in commonly used inequa ....Lifetime Approach to Measuring Inequality in Living Standards in Australia . This project aims to develop a new methodology to study trends in inequality in Australia. It expects to advance the body of knowledge by measuring inequality in living standards over the whole lifetime and by identifying the role of the Australian fiscal system in redistributing lifetime resources across households and generations. This new approach would help clarify the potential bias embedded in commonly used inequality indicators based on current-year income. Its findings expect to provide new insights into how the gains from economic growth have been shared among Australians. It should also offer policy options for designing a better tax and transfer system that would sustain economic prosperity and fairness in Australia.Read moreRead less
Sharing the Wealth: Tax and Justice in The Slow Growth Era. This project aims to address fundamental problems of injustice in taxation emerging in the transition to a slow growth economy in Australia and globally. The project applies interdisciplinary approaches to generate new knowledge that aims to update frameworks for justice in taxation, refreshing out-dated 20th century ethical and legal approaches. Collaborative legal and philosophy analysis by leading scholars in Australia and the United ....Sharing the Wealth: Tax and Justice in The Slow Growth Era. This project aims to address fundamental problems of injustice in taxation emerging in the transition to a slow growth economy in Australia and globally. The project applies interdisciplinary approaches to generate new knowledge that aims to update frameworks for justice in taxation, refreshing out-dated 20th century ethical and legal approaches. Collaborative legal and philosophy analysis by leading scholars in Australia and the United States will respond to contemporary conditions of slow growth, wage stagnation, wealth inequality, population aging and longevity. Project outcomes will include tax reform proposals to benefit policy makers and enrich public debate on tax justice for 21st century economic and fiscal conditions.Read moreRead less
Optimal Tax Policy Meets Modern Labour Supply Theory. This project aims to generate new evidence on the optimal design of the federal tax system. Specifically, it seeks to determine the optimal combination of taxes on income, capital and consumption to raise necessary revenue while minimizing disincentives for work and capital formation. The project is innovative because, for the first time, it does optimal tax calculations using models that account fully for how taxes affect human capital inves ....Optimal Tax Policy Meets Modern Labour Supply Theory. This project aims to generate new evidence on the optimal design of the federal tax system. Specifically, it seeks to determine the optimal combination of taxes on income, capital and consumption to raise necessary revenue while minimizing disincentives for work and capital formation. The project is innovative because, for the first time, it does optimal tax calculations using models that account fully for how taxes affect human capital investment and labour force participation. It aims to enhance or understanding of the optimal mix between taxes on earnings, capital and consumption, and the optimal degree of income tax progressivity. The benefit is a tax system better designed to promote economic efficiency and human capital formation. Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE200100881
Funder
Australian Research Council
Funding Amount
$420,040.00
Summary
New Approaches to Corporate Legality: Beyond Neoliberal Governance. This project aims to rethink the modern corporation, going beyond existing tendencies to focus on the efficient production of profits and financial value above all other interests. This project expects to generate new knowledge in relation to the functioning of corporations as forms of authority that are related to, but separate from, state regulation. Expected outcomes of this include new approaches to conceptualising and struc ....New Approaches to Corporate Legality: Beyond Neoliberal Governance. This project aims to rethink the modern corporation, going beyond existing tendencies to focus on the efficient production of profits and financial value above all other interests. This project expects to generate new knowledge in relation to the functioning of corporations as forms of authority that are related to, but separate from, state regulation. Expected outcomes of this include new approaches to conceptualising and structuring legal regulation to encourage alternative forms of corporate authority and economic cooperation. This should provide significant benefits in terms of enhancing productive capacity and the public good instead of purely financial value.Read moreRead less