Literacy and Numeracy, Schooling, Neighbourhoods and Labour Market Success. Our research will assess the role of literacy and numeracy in explaining the educational attainment and labour markets outcomes of young Australians, after accounting for background characteristics and school and neighbourhood effects. By exploiting differences in Australian jurisdictions? school structures, it will enable, for the first time, the direct estimation of the effect of schooling on literacy and numeracy. T ....Literacy and Numeracy, Schooling, Neighbourhoods and Labour Market Success. Our research will assess the role of literacy and numeracy in explaining the educational attainment and labour markets outcomes of young Australians, after accounting for background characteristics and school and neighbourhood effects. By exploiting differences in Australian jurisdictions? school structures, it will enable, for the first time, the direct estimation of the effect of schooling on literacy and numeracy. This will clarify the role of literacy and numeracy in subsequent decisions to acquire more human capital through education. This will enable more precise estimates of the contribution of literacy and numeracy to subsequent labour market outcomes achieved by young Australians.Read moreRead less
Childhood poverty in Indonesia. This project aims to offer solutions to childhood poverty in Indonesia, where over half the child population live on less than $2 per day. More effective responses to childhood poverty, one of the greatest challenges facing the world, are needed. This project will extend theories of multidimensional poverty to children, reflecting their experience and priorities; analyse similarities and differences between child- and adult-centred conceptualisations of childhood ....Childhood poverty in Indonesia. This project aims to offer solutions to childhood poverty in Indonesia, where over half the child population live on less than $2 per day. More effective responses to childhood poverty, one of the greatest challenges facing the world, are needed. This project will extend theories of multidimensional poverty to children, reflecting their experience and priorities; analyse similarities and differences between child- and adult-centred conceptualisations of childhood poverty; and develop a replicable child-centred methodology for assessing childhood poverty. The project expects to produce policy-relevant findings that move beyond adult-centric definitions and contribute to more effective responses to child poverty.Read moreRead less
Sparking a National Conversation. This project aims to understand why some promises of a ‘national conversation’ on a policy issue seem to be mere hyperbole, while others seem more authentic. Using an evaluative framework based on the latest democratic theory, and the aims and understandings of key actors in each case, the project plans to compare three cases that claimed to spark a national conversation: the Scottish National Conversation 2007–14; debates around the Affordable Care Act in the U ....Sparking a National Conversation. This project aims to understand why some promises of a ‘national conversation’ on a policy issue seem to be mere hyperbole, while others seem more authentic. Using an evaluative framework based on the latest democratic theory, and the aims and understandings of key actors in each case, the project plans to compare three cases that claimed to spark a national conversation: the Scottish National Conversation 2007–14; debates around the Affordable Care Act in the United States, 2009; and the ongoing issue of Indigenous constitutional recognition in Australia. The project aims to identify why some real-world efforts work better than others, and draw lessons for replicating best practice in Australia. Project outcomes may provide advice to policy-makers on how to engage citizens better in the major issues of the day.Read moreRead less
A Principled Approach to Computer Simulation of Dynamic General Equilibrium Macroeconomic Models. In the last two decades a new generation of computer-intensive
modeling techniques has risen to prominence in macroeconomics. These
methods have broad policy applications, from public finance and
reserve bank operation to analysis of long-run productivity growth,
taxation reform, unemployment, international trade policy and natural
resource conservation. The size and complexity of these model ....A Principled Approach to Computer Simulation of Dynamic General Equilibrium Macroeconomic Models. In the last two decades a new generation of computer-intensive
modeling techniques has risen to prominence in macroeconomics. These
methods have broad policy applications, from public finance and
reserve bank operation to analysis of long-run productivity growth,
taxation reform, unemployment, international trade policy and natural
resource conservation. The size and complexity of these models means
that even computer-based techniques will rely for the foreseeable
future on efficient program design to solve them. The project will
construct a comprehensive set of solution techniques and software for
this class of macroeconomic models, including detailed mathematical
analysis on accuracy of model output.Read moreRead less
The making and unmaking of Australian public policy: using Historical Institutionalism theory to understand the path from Medibank to Medicare. This new analysis of Australia's tumultuous health reforms between 1972 and 1984 uses newly released documents and the recollections of central actors to improve our understanding of how and why health care reform succeeds or fails.
Business collective action, networks and discourse: a fiscal sociology of mining tax reform in Australia. The mining tax revolt in 2010 was a landmark event in government-business relations in Australia, acknowledged by multinational corporations and governments around the world for its broader ramifications. This project is the first systematic study of what happened, and its implications for our understanding of government-business relations.
Trade policy: maximising benefits for nutrition, food security, human health, and the economy. Depending on how it is done, trade can be good or bad for peoples' health and social well-being. This study will provide evidence to support the development of trade policy which combines economic as well as social and health goals. This will help improve global food security and human health, reduce poverty and support good international relations.
Measuring inflation expectations and inflation expectations uncertainty. This project aims to construct model-based measures of inflation expectations and inflation expectations uncertainty. Inflation expectations can determine economic outcomes. This project will develop non-linear time-varying models to combine information from noisy and possibly biased measures of inflation expectations from surveys and financial markets. These model-based measures are expected to be better calibrated and to ....Measuring inflation expectations and inflation expectations uncertainty. This project aims to construct model-based measures of inflation expectations and inflation expectations uncertainty. Inflation expectations can determine economic outcomes. This project will develop non-linear time-varying models to combine information from noisy and possibly biased measures of inflation expectations from surveys and financial markets. These model-based measures are expected to be better calibrated and to provide valuable information for policymakers for formulating macroeconomic policies. They can be used to better assess the credibility of monetary policy and shed light on the causes of low inflation rate in developed economies.Read moreRead less
Computing probabilities of theories where these probabilities vary over time with applications in macroeconomics. This project will present a method to produce empirically based policy advice that accounts for the changing economic environment and that allows for a range of assumptions about how the economy works. The research and training will place Australia at the forefront of empirical macroeconomic research and strengthen international research networks. Policy making will be improved as: i ....Computing probabilities of theories where these probabilities vary over time with applications in macroeconomics. This project will present a method to produce empirically based policy advice that accounts for the changing economic environment and that allows for a range of assumptions about how the economy works. The research and training will place Australia at the forefront of empirical macroeconomic research and strengthen international research networks. Policy making will be improved as: it will use information that is more robust to false assumptions; it will quickly incorporate new information; and we will understand better why certain policies did or did not work at different times in the past. The research will impact upon other sciences such as physics and engineering that use the same underlying tools far more than do economists.Read moreRead less
MONETARY POLICY WITH LIQUIDITY CONSTRAINED GOVERNMENT DEBT MARKETS. Modern monetary policy seeks to influence domestic macroeconomic outcomes, using actions in official Government debt markets. The effectiveness of this route is being challenged by reductions in the level of Government debt outstanding. Monetary policy is faced with the possibility of operating in alternative financial markets. The project will:
* Examine alternative markets for monetary policy operation.
* Examine the effect ....MONETARY POLICY WITH LIQUIDITY CONSTRAINED GOVERNMENT DEBT MARKETS. Modern monetary policy seeks to influence domestic macroeconomic outcomes, using actions in official Government debt markets. The effectiveness of this route is being challenged by reductions in the level of Government debt outstanding. Monetary policy is faced with the possibility of operating in alternative financial markets. The project will:
* Examine alternative markets for monetary policy operation.
* Examine the effects of alternatives on real economy outcomes.
* Develop a model of the economy which controls for global financial conditions - which has not been done before.
* Combine modern econometric techniques.
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