Inequality, Prosperity and the Australian Welfare State. This project aims to clarify contested understandings of Australian inequality and the role of economic and social policies in addressing policy challenges going forward. The objective of the project is to generate significantly improved knowledge of inequality in Australia using innovative approaches of data splicing, decomposition, simulation and backcasting to fill research gaps and resolve contested interpretations. We aim to provide a ....Inequality, Prosperity and the Australian Welfare State. This project aims to clarify contested understandings of Australian inequality and the role of economic and social policies in addressing policy challenges going forward. The objective of the project is to generate significantly improved knowledge of inequality in Australia using innovative approaches of data splicing, decomposition, simulation and backcasting to fill research gaps and resolve contested interpretations. We aim to provide a benchmark and robust framework against which policy development after the current crisis can be evaluated. This project aims to provide significant benefits, keeping Australia at the forefront of research on inequality and public policy, strengthening links between researchers and policy makers.
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Child poverty, labour markets and social transfers. This project aims to discover how earnings and social transfers determine the living standards of disadvantaged families with children, and the constraints that wage rates and employment patterns place on social transfer structures. This project will compare the family incomes of disadvantaged children and how the interaction of wage rates, employment and social policies affect them. It will compare Australian outcomes to those in OECD and midd ....Child poverty, labour markets and social transfers. This project aims to discover how earnings and social transfers determine the living standards of disadvantaged families with children, and the constraints that wage rates and employment patterns place on social transfer structures. This project will compare the family incomes of disadvantaged children and how the interaction of wage rates, employment and social policies affect them. It will compare Australian outcomes to those in OECD and middle income countries. This project expects to understand which labour market and social policies combine to lead to the best economic outcomes for disadvantaged families and children.Read moreRead less
The Dynamics of Low Income, Welfare reliance, and Changes in the Family Stucture of Parents with Dependent children. We build a new seven-year longitudinal database, from FaCS administrative records and supplementary surveys, for low income parents with dependent children to analyse the dynamics of, and interrationships among, changes in family structure, income and welfare reliance. We identify and analyse exit and entry routes from low income, short and long run welfare receipt and movement fr ....The Dynamics of Low Income, Welfare reliance, and Changes in the Family Stucture of Parents with Dependent children. We build a new seven-year longitudinal database, from FaCS administrative records and supplementary surveys, for low income parents with dependent children to analyse the dynamics of, and interrationships among, changes in family structure, income and welfare reliance. We identify and analyse exit and entry routes from low income, short and long run welfare receipt and movement from one program to another, and highlight locational/regional variations in these movements. The project will help policy makers evaluate the impacts of existing programs and will change the nature and significance of Australian research and policy development in welfare dependency and support.Read moreRead less
Long term economic impacts of disease on older workers to 2030: Costs to government and individuals and opportunities for intervention. This project will fill substantial gaps in Australian evidence about the health conditions of the future that will keep older workers out of the labour market and diminish their own immediate and long-term livings standards, thereby reducing funds available to government. We will address one of the most significant issues resulting from the fundamental changes t ....Long term economic impacts of disease on older workers to 2030: Costs to government and individuals and opportunities for intervention. This project will fill substantial gaps in Australian evidence about the health conditions of the future that will keep older workers out of the labour market and diminish their own immediate and long-term livings standards, thereby reducing funds available to government. We will address one of the most significant issues resulting from the fundamental changes to the demography of the Australian labour market and one that is regularly raised by the government following the release of the 2002 and 2007 Intergenerational Reports. This project will also examine the interventions that would improve the health of older workers and increase labour force participation over the long term.Read moreRead less
Technological innovation, trade liberalization, unemployment, and policy design. Australia, like all economies, is heavily influenced by technological changes and shifting trade patterns. Understanding these influences, and the impact they have on the distribution of income, the unemployment rate, and the job mix, is very important for the design of appropriate policy initiatives. The proposed research aims to achieve exactly this by developing a mathematical model which incorporates technologic ....Technological innovation, trade liberalization, unemployment, and policy design. Australia, like all economies, is heavily influenced by technological changes and shifting trade patterns. Understanding these influences, and the impact they have on the distribution of income, the unemployment rate, and the job mix, is very important for the design of appropriate policy initiatives. The proposed research aims to achieve exactly this by developing a mathematical model which incorporates technological change, trade, and unemployment. The model will be used to analyse the effects of these changes and, thus, to design optimal policy. The results from this project should also stimulate policy discussions both within Australia and abroad - enriching academic relations between domestic and international universities.Read moreRead less
A new healthy living minimum income standard for low-paid and unemployed Australians. This project will generate family budgets to support healthy living among low-wage workers, the unemployed and their families. The project will build on past Australian and recent international research and embody current experience to make it relevant to real needs.
Understanding the Effects of News Shocks on Macroeconomic Fluctuations. There are significant potential benefits for Australia. First, it could lead to more effective policymaking, with an understanding of how policy in one branch of the government can affect other sectors that have not been considered before. For example, changes in fiscal policy can affect not just growth, but also unemployment, inflation, and the income distribution. Second, this project will make a contribution to the resear ....Understanding the Effects of News Shocks on Macroeconomic Fluctuations. There are significant potential benefits for Australia. First, it could lead to more effective policymaking, with an understanding of how policy in one branch of the government can affect other sectors that have not been considered before. For example, changes in fiscal policy can affect not just growth, but also unemployment, inflation, and the income distribution. Second, this project will make a contribution to the research training of new macroeconomists in Australia: we will train three PhD students in the very latest methods. We also will organize a conference and bring the very top economists in the world to work with researchers here, and to consider issues surrounding the Australian economy. Read moreRead less
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
Intra-household resource allocations of older couples. This project aims to analyse processes and outcomes within older households using national, large-scale representative data and mixed methods research design. In an ageing population where households are becoming responsible for provisioning retirement needs, understanding what happens in older couple households is important. The project expects to influence policy by generating evidence relevant to the design of regulations governing the al ....Intra-household resource allocations of older couples. This project aims to analyse processes and outcomes within older households using national, large-scale representative data and mixed methods research design. In an ageing population where households are becoming responsible for provisioning retirement needs, understanding what happens in older couple households is important. The project expects to influence policy by generating evidence relevant to the design of regulations governing the allocation of superannuation assets, tax incentives for alternative forms of retirement savings, asset and income tests on the Age Pension, and initiatives targeting older Australians’ financial literacy.Read moreRead less
Sustaining India's economic transformation: challenges, prospects and implications for Australia and the Pacific region. India's emergence from economic stagnation is beginning to have a profound impact on the world economy, including Australia. This project aims to investigate the sources of India's growth and the reforms needed to ensure that growth generates reductions in poverty and ensures equity and political stability.