Prior sensitivity analysis for Bayesian Markov chain Monte Carlo output. This project aims to develop the first set of techniques to implement an automated output sensitivity analysis for Markov Chain Monte Carlo (MCMC) estimation methods. Computationally intense Bayesian MCMC provide a powerful alternative to classical methods for the estimation of economic models. An obstacle to their wider application is that researchers need to specify prior beliefs about model parameters that will affect t ....Prior sensitivity analysis for Bayesian Markov chain Monte Carlo output. This project aims to develop the first set of techniques to implement an automated output sensitivity analysis for Markov Chain Monte Carlo (MCMC) estimation methods. Computationally intense Bayesian MCMC provide a powerful alternative to classical methods for the estimation of economic models. An obstacle to their wider application is that researchers need to specify prior beliefs about model parameters that will affect the results. The expected outcomes will enable researchers to undertake a routine assessment of the sensitivity of the results to prior inputs.Read moreRead less
Industrial Transformation Training Centres - Grant ID: IC220100030
Funder
Australian Research Council
Funding Amount
$4,978,958.00
Summary
ARC Training Centre for Next-Gen Architectural Manufacturing. The Centre will generate specialised workforce capacity within Australia’s architectural sector. Leveraging advanced architectural computing discoveries will connect architectural design with the opportunities afforded by advanced manufacturing systems. The Centre will triangulate world-leading researchers, visionary partners, and talented graduates, integrating research into practice through digital business strategies, augmented int ....ARC Training Centre for Next-Gen Architectural Manufacturing. The Centre will generate specialised workforce capacity within Australia’s architectural sector. Leveraging advanced architectural computing discoveries will connect architectural design with the opportunities afforded by advanced manufacturing systems. The Centre will triangulate world-leading researchers, visionary partners, and talented graduates, integrating research into practice through digital business strategies, augmented intelligence, and computing domains of expertise. The Centre’s program of industry-embedded PhD’s, national/international placements, short courses, and post-doctoral projects will co-develop the change agents needed to transform the architectural profession to meet our nation’s immediate strategic needs.Read moreRead less
Price Discovery in Equity and Volatility Futures for Trading and Hedging. This project aims to develop a multivariate asynchronous technique to analyse the price discovery of movements in equity stock indices, volatility index futures and exchange traded products. This project expects to generate new knowledge in the area of financial econometrics using an innovative mixed frequency sampling approach to establish robust causal inferences. Expected outcomes of the project include enhanced econome ....Price Discovery in Equity and Volatility Futures for Trading and Hedging. This project aims to develop a multivariate asynchronous technique to analyse the price discovery of movements in equity stock indices, volatility index futures and exchange traded products. This project expects to generate new knowledge in the area of financial econometrics using an innovative mixed frequency sampling approach to establish robust causal inferences. Expected outcomes of the project include enhanced econometric theory and its implementation in applied finance. This should provide significant benefits in the price discovery of the equity index in Australia, including insights that will help Australian funds in hedging and trading volatility.Read moreRead less
International Tax in the Digital Age: A Blueprint for Allocating Profits. This project aims to investigate tax avoidance by multinational enterprises in the age of the digital economy. It addresses the difficult problem of determining the location in which profits are made. The project expects to generate new knowledge in international tax by developing a blueprint for allocating profits of multinational enterprises between jurisdictions that aligns with profit making activity and reduces intern ....International Tax in the Digital Age: A Blueprint for Allocating Profits. This project aims to investigate tax avoidance by multinational enterprises in the age of the digital economy. It addresses the difficult problem of determining the location in which profits are made. The project expects to generate new knowledge in international tax by developing a blueprint for allocating profits of multinational enterprises between jurisdictions that aligns with profit making activity and reduces international tax avoidance. A systematic structure for allocating profits of multinational enterprises will address the important problem of tax base erosion caused by profit shifting. This will provide the significant benefit of developing a major tool in securing Australia’s revenue base in the digital age.Read moreRead less
Food system resilience in Indonesia: A moral economy approach. This project aims to understand and enhance food security in Indonesia and beyond. It examines culture-specific moral concepts, embedded in food systems and daily practices, that affect food security. For 60 years, the dominant approach to food security has been to boost supply by industrialising agriculture and liberalising trade, but this market-based approach has failed. One billion people are food insecure. The project will condu ....Food system resilience in Indonesia: A moral economy approach. This project aims to understand and enhance food security in Indonesia and beyond. It examines culture-specific moral concepts, embedded in food systems and daily practices, that affect food security. For 60 years, the dominant approach to food security has been to boost supply by industrialising agriculture and liberalising trade, but this market-based approach has failed. One billion people are food insecure. The project will conduct case studies of three food systems to examine how moral economies ameliorate market failures locally and how different rural development programs disrupt or enhance their capacity to do so. The data produced could inform food security-friendly development of trade policies and provide the evidence base for UN efforts toward a global food solidarity pact.Read moreRead less
Financial Innovation and Sustainable Solutions for Electricity Markets. This project aims to investigate financial innovation for electricity markets that are transforming from fossil-fuel fired power generation to a higher share of renewable energy. The project will create new knowledge on impacts of the decarbonisation of power markets, utilising cutting-edge econometric models, innovative financial products and new measures for market performance and financial risk. Expected outcomes of the p ....Financial Innovation and Sustainable Solutions for Electricity Markets. This project aims to investigate financial innovation for electricity markets that are transforming from fossil-fuel fired power generation to a higher share of renewable energy. The project will create new knowledge on impacts of the decarbonisation of power markets, utilising cutting-edge econometric models, innovative financial products and new measures for market performance and financial risk. Expected outcomes of the project include recommendations for facilitating investment into renewable energy, pricing intermittent generation, guidelines for stress tests and sustainable energy policy. This will help regulators and market participants to better ensure the long-term economic sustainability and financial resilience of the sector.Read moreRead less
Reliability of purchasing power parities from the World Bank. This project aims to provide an econometric framework to estimate purchasing power parities (PPPs) and a method to compute standard errors associated with the World Bank’s International Comparison Programme (ICP)’s PPPs. The ICP regularly compiles and publishes estimates of PPPs of currencies and real incomes. These results are used for study of global inequality and poverty; macroeconomic analysis; the Human Development Index; and cr ....Reliability of purchasing power parities from the World Bank. This project aims to provide an econometric framework to estimate purchasing power parities (PPPs) and a method to compute standard errors associated with the World Bank’s International Comparison Programme (ICP)’s PPPs. The ICP regularly compiles and publishes estimates of PPPs of currencies and real incomes. These results are used for study of global inequality and poverty; macroeconomic analysis; the Human Development Index; and cross-country productivity comparisons. However, no estimates of ICP PPPs’ reliability are available. Results from this project are likely to improve the quality of widely used data sets including the Penn World Tables and the University of Queensland International Comparison Database relevant to banking.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE210100249
Funder
Australian Research Council
Funding Amount
$455,515.00
Summary
Indigenous Sustainable Development Indicators: Closing the data gap . This project aims to demonstrate how Indigenous peoples can contribute to our understanding of and production of indicators to monitor sustainable development. Working with Indigenous communities in Australia and Indonesia as equal partners, the project hopes to address a significant gap in developing innovative methodologies which weaves Indigenous and Western knowledge to produce policy-relevant research. Expected outcomes o ....Indigenous Sustainable Development Indicators: Closing the data gap . This project aims to demonstrate how Indigenous peoples can contribute to our understanding of and production of indicators to monitor sustainable development. Working with Indigenous communities in Australia and Indonesia as equal partners, the project hopes to address a significant gap in developing innovative methodologies which weaves Indigenous and Western knowledge to produce policy-relevant research. Expected outcomes of this project include a set of sustainable development indicators that embed Indigenous worldviews and in a manner that policymakers can utilise. This should provide significant benefits to Indigenous communities in Australia and internationally through enhanced capacity in Indigenous policy design and evaluation.
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Designer solvents to control reaction outcome. This project aims to control outcomes of chemical reactions using specifically designed ionic liquids as solvents. Ionic liquids are distinct from molecular solvents and are underused due to the limited understanding of their effects on chemical processes. We are developing a predictive framework to explain such effects and this project aims to exploit this new knowledge, using both new and rarely applied ionic liquids to control reaction outcomes. ....Designer solvents to control reaction outcome. This project aims to control outcomes of chemical reactions using specifically designed ionic liquids as solvents. Ionic liquids are distinct from molecular solvents and are underused due to the limited understanding of their effects on chemical processes. We are developing a predictive framework to explain such effects and this project aims to exploit this new knowledge, using both new and rarely applied ionic liquids to control reaction outcomes. The significance lies in the ability to optimise reaction outcomes without the need for solvent screening. The innovation lies in the measurement of microscopic interactions between solvent and reagents, and the use of these interactions to affect a given process.Read moreRead less