The economics of filial informal care: future trends and directions for policy supports. This project examines the family decision on informal care and living arrangements, it aims to make constructive policy suggestions in order to promote the healthy life of elderly people, support more productive and fulfilling lives of adult children with elderly parents and fortify supportive family structures.
Work-related Training in Australia. The proposal will improve our understanding of the relationship between work-related training and wage formation, wage growth and inequality in Australia. It will contribute to a better-informed public debate about how to make Australia a knowledge-based economy and will ultimately improve economic policies that are relevant to skills acquisition. This has the potential to have a significant impact on the economic well-being and quality of life of many individ ....Work-related Training in Australia. The proposal will improve our understanding of the relationship between work-related training and wage formation, wage growth and inequality in Australia. It will contribute to a better-informed public debate about how to make Australia a knowledge-based economy and will ultimately improve economic policies that are relevant to skills acquisition. This has the potential to have a significant impact on the economic well-being and quality of life of many individuals and households in the economy, thereby contributing to the National Research Priorities, especially 'Strengthening Australia's Social and Economic Fabric'. Read moreRead less
Should rational individuals be optimistic? Theory, survey evidence, experimental evidence, and policy implications. This project will help Australian policy makers design better information-revelation policies and will elevate the skill level of Australian research in behavioural economics. Insights we generate about how best to manage the public's expectations will enable policy design that strengthens Australia's social and economic fabric. We will disseminate the recommendations we generate ....Should rational individuals be optimistic? Theory, survey evidence, experimental evidence, and policy implications. This project will help Australian policy makers design better information-revelation policies and will elevate the skill level of Australian research in behavioural economics. Insights we generate about how best to manage the public's expectations will enable policy design that strengthens Australia's social and economic fabric. We will disseminate the recommendations we generate in a policy workshop at the end of our project. In terms of benefits to the level of science in Australia, the project will work with local data and local researchers, and will import into Australia new experimental medical equipment and the knowledge of how to use it. These benefits will help Australia progress to the forefront of behavioural economic research.Read moreRead less
Job retention and advancement of disadvantaged job-seekers. This project will use empirical methods to help determine what is necessary for job retainment and career advancement of disadvantaged jobseekers. Job retainment and advancement are essential to prolonged workforce participation and the development of human capital of disadvantaged jobseekers re-entering the workforce. Understanding and supporting the drivers of workforce participation is identified as a National Research Priority. Ther ....Job retention and advancement of disadvantaged job-seekers. This project will use empirical methods to help determine what is necessary for job retainment and career advancement of disadvantaged jobseekers. Job retainment and advancement are essential to prolonged workforce participation and the development of human capital of disadvantaged jobseekers re-entering the workforce. Understanding and supporting the drivers of workforce participation is identified as a National Research Priority. Therefore, the project findings will be of considerable importance to employment policy development in Australia to help ensure that future policy developments improve the human capital of disadvantaged entrants to the labour market and alleviate longer-term poverty and social exclusion. Read moreRead less
What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effec ....What are the determinants and effects of school choice? An international comparison between Australia and the UK. The project will provide a clearer picture of the determinants of school choice, most notably the impact of economic phenomena on that choice. For Australia, this will mean we have a better understanding of the competing explanations of the growth of students at private schools over the past three decades: the role of government subsidies; the role of demographic changes; the effects of increased income inequality; and the role of changes in preferences towards private schools. This information will provide a better evidence base for future policy development in this area.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
Understanding the Labour Market for Professional Nurses: An Economic Analysis of Skill Shortages, Nurse Retention and Turnover. There is currently a worldwide shortage of nurses. This shortage is particularly acute in a number of publicly dominated health care systems including the Australian, British and Canadian systems. Given that nurses are a key input in the production of health care and therefore health, the need to address this issue by increasing the number of school-leavers entering the ....Understanding the Labour Market for Professional Nurses: An Economic Analysis of Skill Shortages, Nurse Retention and Turnover. There is currently a worldwide shortage of nurses. This shortage is particularly acute in a number of publicly dominated health care systems including the Australian, British and Canadian systems. Given that nurses are a key input in the production of health care and therefore health, the need to address this issue by increasing the number of school-leavers entering the profession and/or improving the retention of training nurses is of paramount importance. This project will use high quality cross-sectional and longitudinal data on nurses to provide a detailed investigation of the retention and turnover behaviour of nurses and inform the policy debate.Read moreRead less
Commodity booms and busts: Implications for the Australian economy. In 2007-08 the share of mining in Australia's Gross Domestic Product (GDP) was the highest for at least four decades and mining investment had more than doubled over the previous four years, now accounting for one-quarter of all private investment. This, and accompanying surges in employment and economic growth, came courtesy of a spectacular surge in global mineral, energy and agricultural commodity prices. Controversy still ....Commodity booms and busts: Implications for the Australian economy. In 2007-08 the share of mining in Australia's Gross Domestic Product (GDP) was the highest for at least four decades and mining investment had more than doubled over the previous four years, now accounting for one-quarter of all private investment. This, and accompanying surges in employment and economic growth, came courtesy of a spectacular surge in global mineral, energy and agricultural commodity prices. Controversy still surrounds the causes of the most recent and previous commodity booms and busts. The results from this proposed project would aid policy making and business decisions in commodity sectors, particularly with respect to the roles of supply-side constraints and the approval processes for new Australian resource development projects.Read moreRead less
House Prices in Australia: A Hedonic Analysis. House prices are an important input to monetary policy since they impact directly on inflation and may be a source of speculative bubbles. The Governor of the Reserve Bank, however, recently described housing as the ``weakest link in all the price data.'' This project will attempt to resolve this problem. The resulting indexes should be of considerable interest to the Reserve Bank, the media, home owners, the real estate industry, and enhance the re ....House Prices in Australia: A Hedonic Analysis. House prices are an important input to monetary policy since they impact directly on inflation and may be a source of speculative bubbles. The Governor of the Reserve Bank, however, recently described housing as the ``weakest link in all the price data.'' This project will attempt to resolve this problem. The resulting indexes should be of considerable interest to the Reserve Bank, the media, home owners, the real estate industry, and enhance the reputation of Australian universities. They will also quantify the extent of the burden imposed on young people by rising house prices, and its consequent strain on society.Read moreRead less
Culture and Economy: Economic and Cultural Value Creation in the Arts, Heritage and Cultural Industries. This project considers how the arts and cultural sectors in the contemporary market economy contribute to the creation of economic and cultural value. The principal aims of the project are to advance both theoretical and empirical understanding of the valuation of cultural goods and services, consolidating and extending methods for determining the economic value of such commodities, and dev ....Culture and Economy: Economic and Cultural Value Creation in the Arts, Heritage and Cultural Industries. This project considers how the arts and cultural sectors in the contemporary market economy contribute to the creation of economic and cultural value. The principal aims of the project are to advance both theoretical and empirical understanding of the valuation of cultural goods and services, consolidating and extending methods for determining the economic value of such commodities, and developing new approaches to the integrated assessment of their cultural value, using original data for the arts, heritage and cultural industries in Australia. The results will have significant implications for cultural policy formation in Australia and internationally.Read moreRead less