Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the ec ....Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the economy, and the factors contributing to it. This should provide significant benefits through informing the conduct of Australian macroeconomic policy, as the appropriate policy response depends not only on knowing the current state of the economy but understanding the economic factors underlying it.
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A Principled Approach to Computer Simulation of Dynamic General Equilibrium Macroeconomic Models. In the last two decades a new generation of computer-intensive
modeling techniques has risen to prominence in macroeconomics. These
methods have broad policy applications, from public finance and
reserve bank operation to analysis of long-run productivity growth,
taxation reform, unemployment, international trade policy and natural
resource conservation. The size and complexity of these model ....A Principled Approach to Computer Simulation of Dynamic General Equilibrium Macroeconomic Models. In the last two decades a new generation of computer-intensive
modeling techniques has risen to prominence in macroeconomics. These
methods have broad policy applications, from public finance and
reserve bank operation to analysis of long-run productivity growth,
taxation reform, unemployment, international trade policy and natural
resource conservation. The size and complexity of these models means
that even computer-based techniques will rely for the foreseeable
future on efficient program design to solve them. The project will
construct a comprehensive set of solution techniques and software for
this class of macroeconomic models, including detailed mathematical
analysis on accuracy of model output.Read moreRead less
Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between ....Banking System Competition and the Macro-economy. Australia has one of the most concentrated banking sectors in the world, generating concerns regarding its efficiency. This project aims to develop unified frameworks to understand and evaluate quantitatively how the structure of the banking industry affects the macro-economy and provide policy recommendations for establishing a healthy and efficient banking industry. This project expects to improve understanding of the welfare trade-off between bank competition and economic well-being to enable policymakers to better determine the optimal concentration of banking sector in Australia. This will enhance the productivity and international competitiveness of Australia’s financial system and the broader economy.Read moreRead less
Macroeconomic and Financial Modelling in an Era of Extremes. This project aims to develop methods to allow workhorse models in economics and finance to better reflect tail events--low probability extreme events, such as the Global Financial Crisis and the COVID-19 pandemic. It intends to address fundamental technical challenges in the estimation of such models, develop a coherent framework for counterfactual analysis of these models and propose methods to apply these models in a big-data environ ....Macroeconomic and Financial Modelling in an Era of Extremes. This project aims to develop methods to allow workhorse models in economics and finance to better reflect tail events--low probability extreme events, such as the Global Financial Crisis and the COVID-19 pandemic. It intends to address fundamental technical challenges in the estimation of such models, develop a coherent framework for counterfactual analysis of these models and propose methods to apply these models in a big-data environment. Expected outcomes include new insights into the transmission of tail risks in the global economic and financial system. This should provide significant benefits, including guidance to Australian and international policymakers charged with maintaining stability in the face of extreme events.Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE160100221
Funder
Australian Research Council
Funding Amount
$367,000.00
Summary
Linked Data PolicyHub Stage II: Urban & Regional Planning & Communications. Linked data policy hub stage II: urban and regional planning and communications:
This project aims to build on existing investments in open access knowledge infrastructure to develop collections of policy documentation and data and new tools for problem solving and analysis. Australia's ability to respond effectively to future economic, social and environmental challenges depends on our national capacity to develop and ....Linked Data PolicyHub Stage II: Urban & Regional Planning & Communications. Linked data policy hub stage II: urban and regional planning and communications:
This project aims to build on existing investments in open access knowledge infrastructure to develop collections of policy documentation and data and new tools for problem solving and analysis. Australia's ability to respond effectively to future economic, social and environmental challenges depends on our national capacity to develop and implement efficient and effective public policy. By enabling efficient universal access to historical and archived policy material, the project aims to provide critical research infrastructure that supports innovative approaches to Australian public policy research. This is expected to affect areas such as urban and regional community development and sustainability, planning and design of built and natural environments, infrastructure development, communications, and social and economic innovation.Read moreRead less
Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessmen ....Financing aged care in Australia: Mitigating fiscal gaps and maintaining intergenerational equity. Aged care has been identified as a significant contributor to the growing fiscal problems predicted for Australian government finances during the next 10 to 20 years. This project will develop the cutting-edge modelling tools needed to allow Australia to make informed decisions about possible reforms in aged care financing. It will create significant national benefits by allowing detailed assessment of the distributional impact of a wide range of possible reforms, including how the outcomes of any policy change will affect disadvantaged sections of our society, whether different generations will be fairly treated, and the impact by gender.Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE0668334
Funder
Australian Research Council
Funding Amount
$158,844.00
Summary
Australian Policy Online Development Project. Australian Policy Online provides easy access to a large selection of research reports, papers and articles from centres and institutes throughout Australia. In 2006, the scope of APO's listings and its related research resources will be significantly broadened, increasing the value of the site to its users, including researchers in universities and the public service, journalists, teachers and students. Australia's relations with its neighbours in S ....Australian Policy Online Development Project. Australian Policy Online provides easy access to a large selection of research reports, papers and articles from centres and institutes throughout Australia. In 2006, the scope of APO's listings and its related research resources will be significantly broadened, increasing the value of the site to its users, including researchers in universities and the public service, journalists, teachers and students. Australia's relations with its neighbours in Southeast Asia will be a particular focus of this expansion, and the APO Briefings series of short, topical books will provide an additional, innovative publishing option for researchers. Read moreRead less
The Distributional Impact of Health Outlays: Developing the Research and Modelling Infrastructure for Policy Makers. The Commonwealth recently concluded that the projected increase in health outlays over the next few decades is unaffordable. Policy makers are therefore going to face difficult decisions about health funding, the balance between government and consumer contributions to health costs, and about taxes (which fund public health outlays). They do not currently have adequate modelling t ....The Distributional Impact of Health Outlays: Developing the Research and Modelling Infrastructure for Policy Makers. The Commonwealth recently concluded that the projected increase in health outlays over the next few decades is unaffordable. Policy makers are therefore going to face difficult decisions about health funding, the balance between government and consumer contributions to health costs, and about taxes (which fund public health outlays). They do not currently have adequate modelling tools to help them make sound decisions. This project aims to redress this situation, by constructing a microsimulation model of the health sector, with a capacity to assess the likely distributional impact of possible policy changes and their revenue or expenditure implications.Read moreRead less
Protecting while they prosper? Organisational responses to whistleblowing. This project aims to examine the adequacy of organisational responses to whistleblowing (employee reporting of wrongdoing). So far, research into public-interest whistleblowing has revealed much about the incidence, significance and experience of whistleblowers. This project now extends the research to the other side of the issue — the organisations. By comparing employee and managerial experience in multiple public and p ....Protecting while they prosper? Organisational responses to whistleblowing. This project aims to examine the adequacy of organisational responses to whistleblowing (employee reporting of wrongdoing). So far, research into public-interest whistleblowing has revealed much about the incidence, significance and experience of whistleblowers. This project now extends the research to the other side of the issue — the organisations. By comparing employee and managerial experience in multiple public and private sector organisations in Australia and New Zealand, the project intends to identify the factors that influence good and bad responses across a range of institutions; provide a clearer basis for reform of policies, procedures and law; and set benchmarks for comparative research worldwide.Read moreRead less
The utilisation of social science research in policy development and program review. This project will enhance the use of evidence in social policy and improve the relevance of applied social research. It will produce new insights into factors affecting the success of evidence-based decision-making by examining social research utilisation within various agencies at federal and state levels. National and community benefits centre on how to improve the policy uptake of social research. This will c ....The utilisation of social science research in policy development and program review. This project will enhance the use of evidence in social policy and improve the relevance of applied social research. It will produce new insights into factors affecting the success of evidence-based decision-making by examining social research utilisation within various agencies at federal and state levels. National and community benefits centre on how to improve the policy uptake of social research. This will contribute to the development of improved support systems to enhance the consideration of evidence-based policy. Outcomes will be applicable to governments, policy-makers and academics in Australia and abroad. Ways to improve research partnerships between academic social scientists and public sector agencies will be identified. Read moreRead less