Australian labour market adjustment to technology, trade and policy. This project aims to examine how the Australian labour market has adjusted over the past 30 years to several major developments: increased use of computers, growth in international trade and the mining boom, microeconomic reform, and the expansion of higher education. The analysis is designed to encompass the effect on labour market outcomes including workers’ pay, the skill composition of employment, migration flows and indivi ....Australian labour market adjustment to technology, trade and policy. This project aims to examine how the Australian labour market has adjusted over the past 30 years to several major developments: increased use of computers, growth in international trade and the mining boom, microeconomic reform, and the expansion of higher education. The analysis is designed to encompass the effect on labour market outcomes including workers’ pay, the skill composition of employment, migration flows and individuals’ decisions about acquiring education. Having a richer understanding of how the labour market has adjusted in the past may help policy-makers to infer how adjustment will happen in the future. For example, a better understanding of the effects of new technologies would provide a stronger basis for judging trends in job creation and hence the types of skills and training that will be required in Australia in future years.Read moreRead less
Testing for Age Discrimination in Hiring in the Australian Labour Market. This project will raise awareness in the community of the extent, or lack thereof, of age discrimination in the Australian labour market. This is particularly important as no other investigations of this nature have been made. The findings will provide a valuable and important complement to the surveys of employer's attitudes towards older workers. There will be policy implications for the structure and operation of anti-d ....Testing for Age Discrimination in Hiring in the Australian Labour Market. This project will raise awareness in the community of the extent, or lack thereof, of age discrimination in the Australian labour market. This is particularly important as no other investigations of this nature have been made. The findings will provide a valuable and important complement to the surveys of employer's attitudes towards older workers. There will be policy implications for the structure and operation of anti-discrimination legislation in Australia. The technique of using written applications to apply for jobs can highlight deficiencies in the current legislation and ways in which the legislation can be modified to make it more effective. Read moreRead less
Human Capital, Cognitive Skills and Labour Market Outcomes. As Australia competes in the ‘educational race,’ this project will generate new knowledge on the relationship between education, skill attainment and economic outcomes in Australia. The research will provide new empirical evidence on cognitive and non-cognitive skills formation over the life-cycle, and the relationship between these skills and labour market outcomes in Australia within the broader international context. The research wil ....Human Capital, Cognitive Skills and Labour Market Outcomes. As Australia competes in the ‘educational race,’ this project will generate new knowledge on the relationship between education, skill attainment and economic outcomes in Australia. The research will provide new empirical evidence on cognitive and non-cognitive skills formation over the life-cycle, and the relationship between these skills and labour market outcomes in Australia within the broader international context. The research will advance methodological techniques for the economic analysis of cognitive skills and their economic impacts. The research will inform public policy formulation relating to educational attainment, skill development, and strategies to encourage longer workforce engagement over the life-cycle.Read moreRead less
Macro and micro level subjective expectations information and economic behaviour. This project examines the importance of economic expectations on the future state of the economy in decision making. It focuses on large life decisions such as going into retirement, paying for a university education and buying a house. The project also assess the extent to which people are able to make these predictions accurately.
The Role of the Family in Facilitating the Human Capital and Labour Market Investments of Young Australians. A nation's future lies in its young people, and society as a whole must take part in ensuring that today's youth acquire the skills, experience, and training necessary not only to cope, but to thrive. The proposed research will make a substantial step forward in understanding how families make decisions about supporting their young adult children and how those decisions are shaped by Aust ....The Role of the Family in Facilitating the Human Capital and Labour Market Investments of Young Australians. A nation's future lies in its young people, and society as a whole must take part in ensuring that today's youth acquire the skills, experience, and training necessary not only to cope, but to thrive. The proposed research will make a substantial step forward in understanding how families make decisions about supporting their young adult children and how those decisions are shaped by Australian social policy. The findings will inform social policy development by providing evidence on pressing issues such as the effects of rising house prices or weakening labour markets on young Australians' ability to invest in education.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE130100255
Funder
Australian Research Council
Funding Amount
$362,895.00
Summary
How costly is an unhealthy start in life? An econometric analysis of childhood health and adult prosperity. Knowledge on the consequences of poor health is crucial for effective allocation of public health funds. The project will investigate the long term costs of poor childhood health by quantifying the impacts of childhood illness on future economic prosperity. The analysis will employ advanced statistical techniques and high quality Australian data.
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
Skills, productivity, and wages: Theory and evidence . This project aims to build a macroeconomic model to help understand the implications of heterogeneity in workers skills for wages and productivity.
The research significance of this project is in its treatment of worker skills as an indivisible bundle. This bundling of skills gives rise to the possibility that a given skill is priced differently in different occupations which in turn has implications for firms' incentives to invest in tech ....Skills, productivity, and wages: Theory and evidence . This project aims to build a macroeconomic model to help understand the implications of heterogeneity in workers skills for wages and productivity.
The research significance of this project is in its treatment of worker skills as an indivisible bundle. This bundling of skills gives rise to the possibility that a given skill is priced differently in different occupations which in turn has implications for firms' incentives to invest in technology and training and workers' incentives to invest in education.
This project uses state of the art economic theory and empirical methods and expects to provide a new and better understanding of the sources of wage growth that helps guide national policy formation in innovation and training.
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Valuing Life and Time in the Knowledge Economy. This project will help increase the international profile of Australia scholarship in a burgeoning research area of increasing importance: valuation of life, time and health with particular emphasis on the effects of aging and the accumulation of knowledge. It will generate new insights and important welfare and policy implications, which are especially of interest to a knowledge economy like Australia, in which the demographic profile is experienc ....Valuing Life and Time in the Knowledge Economy. This project will help increase the international profile of Australia scholarship in a burgeoning research area of increasing importance: valuation of life, time and health with particular emphasis on the effects of aging and the accumulation of knowledge. It will generate new insights and important welfare and policy implications, which are especially of interest to a knowledge economy like Australia, in which the demographic profile is experiencing a fundamental shift toward unprecedentedly high percentage of the aged population. Read moreRead less
Economic stress, non-cognitive skill development and life outcomes. This project aims to identify policies in which the fostering of non-cognitive skills (NCS) can break the persistence of economic disadvantage. The project seeks to investigate the mechanisms behind differential development, intergenerational transmission of NCS between "rich and poor," how exposure to economic stress inhibits NCS development and the role of schooling in boosting NCS of disadvantaged children. Expected outcomes ....Economic stress, non-cognitive skill development and life outcomes. This project aims to identify policies in which the fostering of non-cognitive skills (NCS) can break the persistence of economic disadvantage. The project seeks to investigate the mechanisms behind differential development, intergenerational transmission of NCS between "rich and poor," how exposure to economic stress inhibits NCS development and the role of schooling in boosting NCS of disadvantaged children. Expected outcomes include evidence-based policy advice on how human capital investments in NCS can be beneficial for health, educational and labour market success, and how NCS can survive despite economic stress. Intended benefits include new cost-effective policies to reduce inequality and maximise the welfare of society.Read moreRead less