Effective and efficient corporate tax enforcement. This project uses economic theory and experimental tests in order to inform tax authorities on how to best audit tax receipts from corporations. The project will result in advice on how audit resources should be allocated across firms, if minimising corporate tax evasion and at the same time maximising social welfare are the authority's objective.
Information Quality in Auctions of Multiple Objects. This project aims at using both theory and laboratory experiments to analyse the formation of prices and the buyers' behaviour at auctions of multiple objects. The study focusses on the comparison of simultaneous auction procedures (in which the objects are sold at once) to sequential auction procedures (in which the objects are sold one after the other) and attention is drawn on the effects of the quality of the buyers' information about the ....Information Quality in Auctions of Multiple Objects. This project aims at using both theory and laboratory experiments to analyse the formation of prices and the buyers' behaviour at auctions of multiple objects. The study focusses on the comparison of simultaneous auction procedures (in which the objects are sold at once) to sequential auction procedures (in which the objects are sold one after the other) and attention is drawn on the effects of the quality of the buyers' information about the assets to be sold on their bidding behaviour and on the seller's revenues. The conduct of laboratory experiments will provide a useful assessment of the theoretical predictions and valuable insights into the effects of buyers' information quality on their bidding behaviour at such markets.Read moreRead less
Estimating the impact of fiscal stimulus on household expenditure. The tax bonus payments of the $42 billion Nation Building and Jobs Plan were among the largest fiscal policy packages in the developed world. This project applies a new methodology to estimate the short-term impact of this cash handout on consumer spending, allowing better modelling of the Australian economy.
International comparisons of retirement decisions and well-being of mature age populations: applied micro-economic analyses. Australia needs a pension reform to promote longer working lives of mature people in a health- and productivity-enhancing way, that is also financially sustainable. This study uses cutting-edge methodology and data to analyse decisions surrounding how mature people disengage from employment towards their eventual permanent retirement, and how these decisions relate to thei ....International comparisons of retirement decisions and well-being of mature age populations: applied micro-economic analyses. Australia needs a pension reform to promote longer working lives of mature people in a health- and productivity-enhancing way, that is also financially sustainable. This study uses cutting-edge methodology and data to analyse decisions surrounding how mature people disengage from employment towards their eventual permanent retirement, and how these decisions relate to their health and well-being. It compares and contrasts Australia with the UK, Germany and the US to derive lessons for developing evidence-based pension reform. International comparative research enables the identification of important policy, institutional and/or cultural differences and lessons that may well be missed by single country studies.Read moreRead less
The Award Safety Net of the Australian Industrial Relations Commission. The industrial relations changes of the 1990s have altered the role of the Australian Industrial Relations Commission (AIRC) in prescribing and influencing the terms of employment. Its awards are now characterised as a ?safety net? and have, to a significant extent, been displaced by registered agreements as the legal instruments binding employers and employees. The project focuses on the remaining role of the safety net. Wh ....The Award Safety Net of the Australian Industrial Relations Commission. The industrial relations changes of the 1990s have altered the role of the Australian Industrial Relations Commission (AIRC) in prescribing and influencing the terms of employment. Its awards are now characterised as a ?safety net? and have, to a significant extent, been displaced by registered agreements as the legal instruments binding employers and employees. The project focuses on the remaining role of the safety net. What are its purposes? What are the criteria by which it is adjusted? What are the effects of the adjustments on actual wages, incomes and employment? How does the safety net relate to social welfare policies?Read moreRead less
A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise ....A dynamic understanding of labour market mobility of new migrants. Australia is an immigrant country. Despite this, we know little about the factors that enable some migrants to integrate quickly and successfully into the labour market, while others do not. This project will use an excellent set of longitudinal data that follow new migrants over a period of three and a half years. It will apply sophisticated panel data econometric techniques to identify the causes of their success or otherwise in the labour market. It will also examine the link between labour market success and the overall settlement experience, including satisfaction with life in Australia, of migrants.Read moreRead less
Ubiquity of K-theory and T-duality. An abstract mathematical tool, called K-theory, has recently found application in two, not obviously related, areas of physics: the classification of D-branes in String Theory, and topological phases in Condensed Matter Theory. This project aims to advance the development of K-theory using ideas from physics. In particular, the project aims to generalise previous constructions, such as T-duality, to loop spaces, and to develop the K-theory relevant to the clas ....Ubiquity of K-theory and T-duality. An abstract mathematical tool, called K-theory, has recently found application in two, not obviously related, areas of physics: the classification of D-branes in String Theory, and topological phases in Condensed Matter Theory. This project aims to advance the development of K-theory using ideas from physics. In particular, the project aims to generalise previous constructions, such as T-duality, to loop spaces, and to develop the K-theory relevant to the classification of topological phases in strongly interacting systems. This project involves postgraduate training as a crucial tool in achieving its aims and enhances Australia's position at the forefront of international research.Read moreRead less
Higher Line Bundles in Geometry and Physics. This project seeks to develop a theory of geometric objects, `higher line bundles', which realise elements of higher dimensional cohomology groups. In particular this project will develop a theory of differential geometry for these objects, allowing one to interpret differential forms representing cohomology classes as the `curvature' of a higher line bundle. This will have applications in quantum field theory and string/brane theory.
Global aspects of dualities in String Theory in the presence of background fluxes. String Theory, known to the general public as the "Theory of Everything', is currently an extremely active area of research internationally. It has not only stimulated considerable interaction between mathematical physicists and mathematicians, but also increased public interest in science through television programs and books. Unfortunately, the majority of the Australian scientific community has not yet caught ....Global aspects of dualities in String Theory in the presence of background fluxes. String Theory, known to the general public as the "Theory of Everything', is currently an extremely active area of research internationally. It has not only stimulated considerable interaction between mathematical physicists and mathematicians, but also increased public interest in science through television programs and books. Unfortunately, the majority of the Australian scientific community has not yet caught up with these developments. Our recent papers, all published in premier journals in this field, have not only received widespread international attention but have also increased the profile of String Theory amongst Australia's mathematicians and mathematical physicists. The proposed project is expected to continue this trend.Read moreRead less
Twisted K-theory and its application to String Theory and Conformal Field Theory. String Theory is, at present, the only consistent theory of quantum gravity. Recently, twisted K-theory was proposed as the algebraic structure underlying the classification of D-branes, i.e. solitonic extended objects, in certain closed string backgrounds. In this project we aim to advance our understanding of the properties of twisted K-theory in the context of String Theory and Conformal Field Theory. The ult ....Twisted K-theory and its application to String Theory and Conformal Field Theory. String Theory is, at present, the only consistent theory of quantum gravity. Recently, twisted K-theory was proposed as the algebraic structure underlying the classification of D-branes, i.e. solitonic extended objects, in certain closed string backgrounds. In this project we aim to advance our understanding of the properties of twisted K-theory in the context of String Theory and Conformal Field Theory. The ultimate goal is to find the appropriate K-theory classifying D-branes in arbitrary closed string backgrounds or, similarly, classifying boundary Conformal Field Theories. It has already emerged that the K-theory of C*-algebras will play an important role.Read moreRead less