Job vacancies in Australia. The objective of this project is to improve understanding of available measures of job vacancies in the Australian economy, and how those measures can be applied to study the operation of the labour market and in forecasting macroeconomic outcomes. It will increase knowledge about the appropriate use of alternative measures of vacancies, and how those measures have been affected by changes to methods of job search and hiring with the advent of the internet and labour ....Job vacancies in Australia. The objective of this project is to improve understanding of available measures of job vacancies in the Australian economy, and how those measures can be applied to study the operation of the labour market and in forecasting macroeconomic outcomes. It will increase knowledge about the appropriate use of alternative measures of vacancies, and how those measures have been affected by changes to methods of job search and hiring with the advent of the internet and labour hire agencies. The significance of the project derives from the important role of measures of vacancies in labour market and macroeconomic analysis in Australia.Read moreRead less
Low Skill Workers in Australia. This project will describe and analyse determinants of labour market outcomes for low-skill workers in Australia. The main themes are to examine effects of business cycle influences, training programs, and the experience of retrenchment, on earnings and employment outcomes for low skill labour force participants. With the Australian Bureau of Statistics as an Industry Partner - providing access to data and guidance otherwise unavailable - the project can make a ....Low Skill Workers in Australia. This project will describe and analyse determinants of labour market outcomes for low-skill workers in Australia. The main themes are to examine effects of business cycle influences, training programs, and the experience of retrenchment, on earnings and employment outcomes for low skill labour force participants. With the Australian Bureau of Statistics as an Industry Partner - providing access to data and guidance otherwise unavailable - the project can make a highly original contribution to understanding key determinants of labour market performance of low skill workers. That enhanced understanding will improve knowledge of how to design public policy to assist those workers. Read moreRead less
Higher Education: Access and Equity. This project will study the determinants of the mix of higher education participants within a comprehensive framework that will provide empirical evidence on the fundamental issues of access and equity in the higher education system. It will examine the consequences of the current funding arrangements for higher education in Australia, and explore potential modifications to these funding arrangements. This project should help strengthen the higher educatio ....Higher Education: Access and Equity. This project will study the determinants of the mix of higher education participants within a comprehensive framework that will provide empirical evidence on the fundamental issues of access and equity in the higher education system. It will examine the consequences of the current funding arrangements for higher education in Australia, and explore potential modifications to these funding arrangements. This project should help strengthen the higher education sector, and so help Australia to compete in an increasingly technology-driven marketplace. The outcomes of the project will include discussion papers, workshops and a number of papers in international, refereed journals, and in this way it will increase, and render more informed, debate on higher education issues in Australia. As the Industry Partner is the Department of Education, Science and Training, the research will be conducted within a dynamic policy setting.Read moreRead less
Forecasting Risk Thresholds for Portfolio Management and Regulation. The project will develop new models and methods for dynamic risk modelling, assessment of portfolio risk, and forecasting of portfolio risk thresholds. These novel methods will have extensive applications across investment portfolios for banks and financial institutions globally. The techniques will feature a dynamic updating of risk estimates, and more accurate forecasting of portfolio risk, the correlations of portfolio asset ....Forecasting Risk Thresholds for Portfolio Management and Regulation. The project will develop new models and methods for dynamic risk modelling, assessment of portfolio risk, and forecasting of portfolio risk thresholds. These novel methods will have extensive applications across investment portfolios for banks and financial institutions globally. The techniques will feature a dynamic updating of risk estimates, and more accurate forecasting of portfolio risk, the correlations of portfolio asset classes, and Value at Risk (VaR) thresholds. The innovative methods and models will permit both financial institutions and regulatory authorities to model VaR thresholds more accurately, and enable investment managers to regulate and benchmark their portfolios more effectively against international best practice.
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Determinants of Variations in Productivity Growth across the States of Australia: Aggregate and Sectoral Analyses. This research project will investigate factors which account for differences in economic and productivity growth performance across the states of Australia. This is a topic of considerable significance to academic researchers, policy-makers, and the public at large. The proposed project will be at the forefront of international research in two sub-areas, namely analysis of inters ....Determinants of Variations in Productivity Growth across the States of Australia: Aggregate and Sectoral Analyses. This research project will investigate factors which account for differences in economic and productivity growth performance across the states of Australia. This is a topic of considerable significance to academic researchers, policy-makers, and the public at large. The proposed project will be at the forefront of international research in two sub-areas, namely analysis of interstate productivity growth at a sectoral level, and measurement of productivity growth in services industries. It will break new ground in Australian research in two respects, namely estimation of state capital stocks, and analysis of total factor productivity on an interstate basis.
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International exchanges of knowledge, temporary skilled labour movements, and Australia's economic growth. It is known that skilled labour is a significant source of economic growth as it creates new knowledge and innovation, and that Australia, like other countries, uses policies to attract skilled migrants. It is less known however that thousands of skilled workers also migrate temporarily, often to exchange knowledge. Whilst the effect of permanent migration is widely researched, this project ....International exchanges of knowledge, temporary skilled labour movements, and Australia's economic growth. It is known that skilled labour is a significant source of economic growth as it creates new knowledge and innovation, and that Australia, like other countries, uses policies to attract skilled migrants. It is less known however that thousands of skilled workers also migrate temporarily, often to exchange knowledge. Whilst the effect of permanent migration is widely researched, this project will examine the economic impact of short-term labour movements. Using data from DIMIA and surveying temporary migrants, this project will analyse the consequences of temporary labour movements on Australia's innovation ability, productivity and economic growth, contributing to develop migration policy.Read moreRead less
Experimental evaluation of YP4 - Is 'joining up' services for homeless and jobless people a net benefit to society? This project will provide evidence on the social costs and benefits of programs that seek to 'join up' delivery of government services - with specific reference to young homeless jobseekers. This knowledge has direct application in future design of government policies on implementing programmes for government payment recipients with multiple sources of disadvantage. Furthermore, th ....Experimental evaluation of YP4 - Is 'joining up' services for homeless and jobless people a net benefit to society? This project will provide evidence on the social costs and benefits of programs that seek to 'join up' delivery of government services - with specific reference to young homeless jobseekers. This knowledge has direct application in future design of government policies on implementing programmes for government payment recipients with multiple sources of disadvantage. Furthermore, the project will provide a 'case study' demonstration of the capacity for not-for-profit organisations to independently undertake policy reform, and to implement that reform in a way that allows rigorous evaluation of its effects. The project will also extend research expertise in the area of program evaluation, particularly as applied in the Australian context.Read moreRead less
Managing Risk with Insurance and Superannuation as Individuals Age. Financial stability lies at the heart of any market economy. The financial risks associated with uncertainty about longevity change comprise one of the most pressing challenges facing financial systems, nationally and globally. While insurance companies and superannuation funds hold significant reserves against future risks, the ageing of the population increases the number of people potentially exposed to loss in the event that ....Managing Risk with Insurance and Superannuation as Individuals Age. Financial stability lies at the heart of any market economy. The financial risks associated with uncertainty about longevity change comprise one of the most pressing challenges facing financial systems, nationally and globally. While insurance companies and superannuation funds hold significant reserves against future risks, the ageing of the population increases the number of people potentially exposed to loss in the event that insurers and pension funds cannot deliver on their obligations. With an increasing range of financial service products and markets developing to meet the needs of the aged, research into the issues of longevity risk and the financial impact of uncertainty in mortality and morbidity trends is vital.Read moreRead less
Tackling Nurse Shortages in Australia. There is currently a shortage of registered nurses in Australia. To date, however, there has been only limited detailed micro-level analysis of the nursing workforce. In this project, we will use microeconomic and advanced econometric tools to investigate a number of important issues related to nursing and help inform the policy debate. In particular, we will examine trends in workforce participation of nurses, the determinants of nurse labour supply and jo ....Tackling Nurse Shortages in Australia. There is currently a shortage of registered nurses in Australia. To date, however, there has been only limited detailed micro-level analysis of the nursing workforce. In this project, we will use microeconomic and advanced econometric tools to investigate a number of important issues related to nursing and help inform the policy debate. In particular, we will examine trends in workforce participation of nurses, the determinants of nurse labour supply and job turnover and provide a comparative analysis of wages of nurses with other similar occupational groups. Throughout the project, we will provide special attention to designing policies aimed at promoting nurse labour supply in rural areas. Promoting an adequate supply of registered nurses is central to meeting the National Research Priority of 'Promoting and Maintaining Good Health'.Read moreRead less
A Universal Approach to Sustainable Development: Economic, Environmental, and Social Indicators in Australia and Southeast Asia. Sustainable development has implications for all facets of society and yet is in real danger of becoming a hollow catch cry. A significant reason for this is the lack of operational and standard indicators across a broad spectrum of economic, environmental and social realms. The major innovation of this work will be the incorporation of social choice theory based on re ....A Universal Approach to Sustainable Development: Economic, Environmental, and Social Indicators in Australia and Southeast Asia. Sustainable development has implications for all facets of society and yet is in real danger of becoming a hollow catch cry. A significant reason for this is the lack of operational and standard indicators across a broad spectrum of economic, environmental and social realms. The major innovation of this work will be the incorporation of social choice theory based on revealed preferences into defining and measuring sustainable development in Australia and Southeast Asia. This project will benefit both state and national governments, as well as non government organisations, interested in sustainable development and future social welfare.Read moreRead less