Econometric studies of the dynamics of loneliness and social isolation. This project aims to provide new insights into the socioeconomic dynamics of loneliness and social isolation using advanced econometric modelling techniques applied to longitudinal data from Australia and the UK. This project will apply advanced econometric modelling techniques to data from four nationally-representative longitudinal surveys to substantively help address these knowledge gaps, giving policy-makers new informa ....Econometric studies of the dynamics of loneliness and social isolation. This project aims to provide new insights into the socioeconomic dynamics of loneliness and social isolation using advanced econometric modelling techniques applied to longitudinal data from Australia and the UK. This project will apply advanced econometric modelling techniques to data from four nationally-representative longitudinal surveys to substantively help address these knowledge gaps, giving policy-makers new information about how to address these growing societal concerns. The expected outcomes will provide policy-makers with a better understanding of the socioeconomic triggers for loneliness and social isolation; quantify the costs of loneliness and social isolation on health and wellbeing; and identify policy interventions aimed at reducing loneliness and social isolation.Read moreRead less
Structural Adjustment, Income Risk, and Human Capital Specificity. This project will build a macroeconomic model to attempt to understand how an economy should manage structural adjustment to economic shocks (such as a substantial change in trade policy, significant exchange rate appreciation, or major technological change) in order to induce the reallocation of labour and other factors of production across different sectors of the economy. Two key features of the model will be human capital spe ....Structural Adjustment, Income Risk, and Human Capital Specificity. This project will build a macroeconomic model to attempt to understand how an economy should manage structural adjustment to economic shocks (such as a substantial change in trade policy, significant exchange rate appreciation, or major technological change) in order to induce the reallocation of labour and other factors of production across different sectors of the economy. Two key features of the model will be human capital specificity, that is, skills may not be easily transferrable across sectors of the economy, and incomplete markets for income risk so that the burdens of adjustment may be concentrated on displaced workers rather than being efficiently shared. Various policies for managing adjustment will be evaluated quantitatively.Read moreRead less