Retirement asset decumulation: Adequacy, institutions and products. This proposal seeks to evaluate the present and future adequacy of retirement provision, and offers alternative, practical solutions to the problem of how to maximise the value of a retiree's accumulated assets and facilitate a financially secure retirement. First, a re-evaluation of the replacement rate as a measure of retirement provision adequacy will be undertaken. Second, the efficacy of new financial products and instituti ....Retirement asset decumulation: Adequacy, institutions and products. This proposal seeks to evaluate the present and future adequacy of retirement provision, and offers alternative, practical solutions to the problem of how to maximise the value of a retiree's accumulated assets and facilitate a financially secure retirement. First, a re-evaluation of the replacement rate as a measure of retirement provision adequacy will be undertaken. Second, the efficacy of new financial products and institutions designed to enhance the value of a retirement accumulation for retirement consumption will be analysed. Global trends towards population aging and increasing reliance on self-provision for retirement lends both urgency and significance to the proposed research.Read moreRead less
An Investigation of Chronic and Transitory Poverty in Australia in the Twenty-First Century. People in chronic poverty are unlikely to lead 'healthy, productive or fulfilling' lives. Their unrealized productive and creative potential is a loss to society as well as to the individuals themselves. The information about the intensity of chronic and transitory poverty in Australia that is generated by this project will enable government and charitable institutions to better allocate the substantial ....An Investigation of Chronic and Transitory Poverty in Australia in the Twenty-First Century. People in chronic poverty are unlikely to lead 'healthy, productive or fulfilling' lives. Their unrealized productive and creative potential is a loss to society as well as to the individuals themselves. The information about the intensity of chronic and transitory poverty in Australia that is generated by this project will enable government and charitable institutions to better allocate the substantial resources that they invest annually in programs to assist economically disadvantaged people. The project also has a training function: to develop the research capacity of a postgraduate student who will write a thesis on chronic poverty among children. Read moreRead less
Human-capital acquisition, technological improvement and product-market competition: theory and evidence. Japan has achieved its economic growth at a remarkable pace in the postwar period, and has become one of Australia's most important trade partners. This project is expected to benefit the Australian business community and governmental institutions by offering systematic investigations, both theoretically and empirically, on the recent transition taking place in the Japanese economy from prev ....Human-capital acquisition, technological improvement and product-market competition: theory and evidence. Japan has achieved its economic growth at a remarkable pace in the postwar period, and has become one of Australia's most important trade partners. This project is expected to benefit the Australian business community and governmental institutions by offering systematic investigations, both theoretically and empirically, on the recent transition taking place in the Japanese economy from previously unexplored perspectives by capturing interconnections among employment/labour market practices, product-market competition, and government-business relationships. It is envisaged that Australian industries and government could gain useful information from this project for effective formulation of their international trade strategies and policies.Read moreRead less
Insecure Work and the Mental Health of Workers and their Families. This project aims to explore the relationship between insecure work and mental health by applying advanced econometric methods to large survey and administrative datasets, and newly collected survey data. This project expects to provide causal policy-relevant estimates of how insecure work is affecting the wellbeing of workers and their families, and for whom the effects are most harmful. It also expects to inform on how poor men ....Insecure Work and the Mental Health of Workers and their Families. This project aims to explore the relationship between insecure work and mental health by applying advanced econometric methods to large survey and administrative datasets, and newly collected survey data. This project expects to provide causal policy-relevant estimates of how insecure work is affecting the wellbeing of workers and their families, and for whom the effects are most harmful. It also expects to inform on how poor mental health influences the types of jobs that people enter into. This should provide significant benefits, including evidence needed to improve existing workplace and employment programs, and evidence ensuring that assistance is efficiently targeted to those workers and industries with the greatest need.Read moreRead less
Modelling the labour market and the impact of the tax-benefit system on employment and GDP. The key national benefit from the proposed project will be development of a more informed and rigorous basis for analysing and making decisions on an important set of policy issues. The project will develop a more empirically relevant modelling framework than currently available for analysing changes in the labour market and in tax and welfare policies. The results will assist policy analysts in identifyi ....Modelling the labour market and the impact of the tax-benefit system on employment and GDP. The key national benefit from the proposed project will be development of a more informed and rigorous basis for analysing and making decisions on an important set of policy issues. The project will develop a more empirically relevant modelling framework than currently available for analysing changes in the labour market and in tax and welfare policies. The results will assist policy analysts in identifying directions for reform that can raise living standards and achieve a more egalitarian society. The project will also identify reforms required to avert an ageing crisis, and those that inhibit GDP growth due to their negative effects on female employment, household saving and fertility. Read moreRead less
A Lifecycle Approach to Labour Supply, Human Capital Accumulation and Public Policy. According to available time use data Australia has a relatively low labour supply, when compared with other major OECD countries, due primarily to low female working hours. This project will investigate the lifecycle dynamics of family labour supply decisions and human capital accumulation, to provide a more informed basis for policy debates. We therefore see the major national and community benefit as that of p ....A Lifecycle Approach to Labour Supply, Human Capital Accumulation and Public Policy. According to available time use data Australia has a relatively low labour supply, when compared with other major OECD countries, due primarily to low female working hours. This project will investigate the lifecycle dynamics of family labour supply decisions and human capital accumulation, to provide a more informed basis for policy debates. We therefore see the major national and community benefit as that of promoting Australia's rate of economic growth and ability to sustain funding for education, health and welfare, in an ageing population.Read moreRead less
Developing sustainable retirement policy in a Chinese province: the case of Zhejiang. Much Chinese national policy has its origins in provincial initiatives, and this is especially true of retirement policy, where information about individuals is held by provinces. This project examines Zhejiang Province, one of the most innovative in policy. It promises to yield rich insights into retirement policy formulation in China.
Integrating public and private retirement risk protection: public policy and business practice. Demographic shift has brought widespread calls for structures which allow both the private and public sectors to participate in retirement protection. This project will deliver outcomes for co-ordinating public policy and business practice to finance adequate retirement protection, and identify opportunities for specific outcome improvements.
Microeconomic effects of Australian natural disasters. This project aims to describe and identify the effects of Australian natural disasters – such as the Black Saturday bushfires and the Brisbane floods – on important microeconomic outcomes, including health, education and employment. Natural disasters have profound economic and social effects on individuals and communities. This project intends to bring evidence on how disasters affect individuals and how the effects can be lessened. The proj ....Microeconomic effects of Australian natural disasters. This project aims to describe and identify the effects of Australian natural disasters – such as the Black Saturday bushfires and the Brisbane floods – on important microeconomic outcomes, including health, education and employment. Natural disasters have profound economic and social effects on individuals and communities. This project intends to bring evidence on how disasters affect individuals and how the effects can be lessened. The project expects to inform policy-makers on these critical issues by analysing field, survey and administrative data on individuals before and after past disasters.Read moreRead less
Living on the Margin: The Relationship between Mental Health and Work in Australia. This project will assess the relationship between Australians' mental health and their work, for example, employment status, work conditions and hours. The study is the first to exploit the detailed timing of mental health and employment transitions to identify whether poor labour market outcomes lead to poor mental health or whether the reverse is true. New Australian data will be used to understand whether the ....Living on the Margin: The Relationship between Mental Health and Work in Australia. This project will assess the relationship between Australians' mental health and their work, for example, employment status, work conditions and hours. The study is the first to exploit the detailed timing of mental health and employment transitions to identify whether poor labour market outcomes lead to poor mental health or whether the reverse is true. New Australian data will be used to understand whether the link between mental health and work adds to the economic vulnerability of families and those at risk of homelessness. The results will advance our understanding of the way that mental health affects overall economic well-being and will inform current policy initiatives to promote economic participation and good mental health.Read moreRead less