The use of nudges as a local government environmental policy instrument. This project aims to design and rigorously test a range of behavioural nudges to improve the environmental behaviour of residents in the ACT, with a focus on adoption of low carbon technologies and the use of public transport. In partnership with the ACT Government, the proposal leverages recent research on cognitive biases to develop novel interventions and evaluate their effects via randomised controlled trials. Expected ....The use of nudges as a local government environmental policy instrument. This project aims to design and rigorously test a range of behavioural nudges to improve the environmental behaviour of residents in the ACT, with a focus on adoption of low carbon technologies and the use of public transport. In partnership with the ACT Government, the proposal leverages recent research on cognitive biases to develop novel interventions and evaluate their effects via randomised controlled trials. Expected outcomes include new concepts for citizen-government interactions; advanced knowledge in public policy and behavioural economics; a new statistical programming tool; new methods to optimise policy and practice; and positive environmental and economic impacts for local governments and individuals.Read moreRead less
The Aging Population, Superannuation and Corporate Dividend Policy. The project intends to examine how population wealth and age affect one important aspect of corporate decision-making, namely dividend policy. Researchers invest considerable effort in understanding how demographics impact upon the need for, and structure of, government systems including social security and taxation, but relatively little is known about its effect on capital markets or corporate decision-making. Although individ ....The Aging Population, Superannuation and Corporate Dividend Policy. The project intends to examine how population wealth and age affect one important aspect of corporate decision-making, namely dividend policy. Researchers invest considerable effort in understanding how demographics impact upon the need for, and structure of, government systems including social security and taxation, but relatively little is known about its effect on capital markets or corporate decision-making. Although individual investors are, by nature, atomistic, the project argues changes in investor preferences will ultimately prompt companies to alter their dividend policies. Pressure on firms to update these policies will come from superannuation and pension fund managers who, as fiduciaries, will invest money consistent with clients' revised preferences. The project aims to more fully characterise how Australia's ageing population will affect the public and private sectors.Read moreRead less
Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use ad ....Understanding and overcoming confusion in consumer financial decisions. This project aims to develop consumer-centred approaches to reducing the harmful effects of confusion in financial decisions by studying superannuation investment and home loan decisions where confused choices are individually and collectively costly. The project intends to develop comprehensive models to capture the full complexity of financial products and the diverse preferences and capability of consumers, then to use advanced statistical methods to estimate the benefits of clearer decision-making. The outcomes of this project includes new models of complex financial decisions, and a better understanding of where confusion arises and the effects it may have. Decreased confusion will raise financial well-being and help communities become more resilient to financial shocks.Read moreRead less
Australian Seasonal Workers Programme and well-being impacts in Timor-Leste. This research aims to investigate the impacts of Australia’s Seasonal Workers Programme and South Korea’s Employment Permit System on the well-being of migrant workers and their families in Timor-Leste (East Timor). The contribution of this research to scholarship would be the creation of a sound method to measure the impact of temporary labour migration on well-being across various aspects of life that can be used by r ....Australian Seasonal Workers Programme and well-being impacts in Timor-Leste. This research aims to investigate the impacts of Australia’s Seasonal Workers Programme and South Korea’s Employment Permit System on the well-being of migrant workers and their families in Timor-Leste (East Timor). The contribution of this research to scholarship would be the creation of a sound method to measure the impact of temporary labour migration on well-being across various aspects of life that can be used by researchers in Timor-Leste and elsewhere to evaluate the development impacts of such migration schemes. The data will inform evidence-based policies to improve temporary labour migration schemes, meet urgent development priorities in Timor-Leste, and maximise the benefits of Australian aid funded labour migration schemes.Read moreRead less
Honesty and efficiency in the provision of expert services: doctors and other experts as participants in economic experiments. Experts serve us when we see the doctor, the financial planner or the car mechanic. In all these case the expert can take advantage of his superior knowledge and sell us something we do not need. This research will inform policy makers about the underlying motives of real world experts and allow them to design better institutions.
The impact of income support design on the outcomes of children and youth. This project aims to assess how children from low-income families are affected by welfare policy design in Australia – specifically, by policy intended to influence welfare payment receipt and workforce participation of their parent(s). Causal impacts of policy design on children will be identified and evaluated using unique administrative and survey data, and treating recent welfare reforms in Australia as natural experi ....The impact of income support design on the outcomes of children and youth. This project aims to assess how children from low-income families are affected by welfare policy design in Australia – specifically, by policy intended to influence welfare payment receipt and workforce participation of their parent(s). Causal impacts of policy design on children will be identified and evaluated using unique administrative and survey data, and treating recent welfare reforms in Australia as natural experiments.. This will be the first comprehensive Australian analysis of intergenerational impacts of welfare policy design.Read moreRead less