The Medicare Safety Net and its effect on efficiency, equity and welfare. This project aims to measure the welfare implications of social health insurance reforms. It will use the introduction of the Extended Medicare Safety Net to examine the effect of social insurance reforms on the efficiency and equity of Australia's health care system. The project expects to produce evidence on the partial and aggregate effects of the Medicare Safety Net and knowledge on the relationship between social insu ....The Medicare Safety Net and its effect on efficiency, equity and welfare. This project aims to measure the welfare implications of social health insurance reforms. It will use the introduction of the Extended Medicare Safety Net to examine the effect of social insurance reforms on the efficiency and equity of Australia's health care system. The project expects to produce evidence on the partial and aggregate effects of the Medicare Safety Net and knowledge on the relationship between social insurance and health system performance. In doing so, the research seeks to help policy makers to improve the design of social health insurance programmes to make the system more sustainable and equitable.Read moreRead less
Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in cr ....Climate change and energy policy: elements of a robust policy mix. The national benefits of the project lie directly in assisting Australia achieve significant emissions reductions (at least 60% by 2050) as part of the global effort to avoid dangerous climate change. This needs to be done in an effective, efficient and equitable manner that takes into account other national policy goals including those of the energy sector. There are clear benefits in developing a framework that can assist in creating a policy mix that explicitly deals with the complementarities and trade-offs that arise in the interaction of the various policy instruments employed to achieve these multiple goals.Read moreRead less
Understanding the Saving Behaviour of Australian Households: Private Retirement Provision and the Policy of Forced Saving. The outcomes from the research on Australian retirement saving behaviour will generate a range of national benefits. First, the collaboration of researchers across institutions, and internationally, will enhance and promote Australian research skills. Second, Australian research will be will be placed at the forefront of an important, international field. Third, the research ....Understanding the Saving Behaviour of Australian Households: Private Retirement Provision and the Policy of Forced Saving. The outcomes from the research on Australian retirement saving behaviour will generate a range of national benefits. First, the collaboration of researchers across institutions, and internationally, will enhance and promote Australian research skills. Second, Australian research will be will be placed at the forefront of an important, international field. Third, the research will make fundamental contributions to the evidence base for the design of public policies to ensure Australians have access to adequate resources in retirement. This is an urgent public policy concern due to the rapid ageing of the Australian population: the fraction aged over 65 years is forecast to double from 10% to 20% over the next 40 years.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE140100719
Funder
Australian Research Council
Funding Amount
$383,312.00
Summary
The health cost of extended delays for inpatient treatment. Extended delays for elective procedures in public hospitals impede the National Research Priority of promoting and maintaining good health. Using unique large survey data linked to multiple years of health administrative records and the death registry, this project provides comprehensive costs of waiting, capturing both in-hospital and out of hospital health deterioration and impacts on medical expenditure. The estimation strategy takes ....The health cost of extended delays for inpatient treatment. Extended delays for elective procedures in public hospitals impede the National Research Priority of promoting and maintaining good health. Using unique large survey data linked to multiple years of health administrative records and the death registry, this project provides comprehensive costs of waiting, capturing both in-hospital and out of hospital health deterioration and impacts on medical expenditure. The estimation strategy takes into account patients’ initial choice to join the waiting list instead of going to a private hospital and allows for variation in the costs of waiting across patients. The results will have significant policy implications for waiting time reduction policies, health resource prioritisation and promotion of health equity.Read moreRead less
The altruism of the arts customer. The altruism of the arts customer. This project aims to understand customers’ philanthropic motives within the customer-organisation relationship, by combining existing data with behavioural-economic motivated field and lab experiments to study Sydney Opera House customers’ motives for philanthropy. Due to rising costs, budget cuts and greater community outreach, many art organizations increasingly rely on their customers for philanthropic support. The findings ....The altruism of the arts customer. The altruism of the arts customer. This project aims to understand customers’ philanthropic motives within the customer-organisation relationship, by combining existing data with behavioural-economic motivated field and lab experiments to study Sydney Opera House customers’ motives for philanthropy. Due to rising costs, budget cuts and greater community outreach, many art organizations increasingly rely on their customers for philanthropic support. The findings are expected to broaden and deepen theoretical understanding of altruism and preferences for charitable behaviour within the social science literature, and provide art organisations with empirically-tested approaches to improve their philanthropy.Read moreRead less
Fiscal policy and unemployment in an open economy. This project aims to improve our understanding of the impact of commodity price changes. Over the past two decades, Australia has experienced unprecedented fluctuations in commodity prices. The fiscal position and potential of the economy depends on the extent to which commodity price changes are temporary or permanent. This project will uncover empirical regularities between commodity prices, unemployment across sectors and measures of fiscal p ....Fiscal policy and unemployment in an open economy. This project aims to improve our understanding of the impact of commodity price changes. Over the past two decades, Australia has experienced unprecedented fluctuations in commodity prices. The fiscal position and potential of the economy depends on the extent to which commodity price changes are temporary or permanent. This project will uncover empirical regularities between commodity prices, unemployment across sectors and measures of fiscal policy. The project will build structural models of unemployment which will be estimated and used to assess implications for unemployment and budget deficits of commodity price shocks and to study the optimal design of fiscal policy. The project will benefit the conduct of economic policy in Australia.Read moreRead less
Child Dental Benefit Policies and the Health of Australian Children. This project aims to examine the early effects of two recent initiatives by the Australian government to improve children’s dental health by providing funds to cover essential dental services for children from disadvantaged families. It explores the factors affecting eligible children’s access to benefits from these initiatives and identifies the causal impacts of these changed health care financing arrangements on children’s c ....Child Dental Benefit Policies and the Health of Australian Children. This project aims to examine the early effects of two recent initiatives by the Australian government to improve children’s dental health by providing funds to cover essential dental services for children from disadvantaged families. It explores the factors affecting eligible children’s access to benefits from these initiatives and identifies the causal impacts of these changed health care financing arrangements on children’s consumption of dental services, indicators of oral health and general health, and other indicators of cognitive and non-cognitive development. Using advanced econometric techniques and panel datasets, this project is expected to contribute to the development of effective policies for promoting health and wellbeing.Read moreRead less
Nanny state or good public policy: Do the benefits of mandatory health programs justify the loss of consumer choice? Governments are increasingly turning to mandatory programs to improve health. Such programs are appealing because there are high health benefits from universal participation and low costs for promotion and monitoring the program. However, this apparent benefit relies on restriction of personal choice, which may impose welfare losses on consumers. Evaluations generally ignore loss ....Nanny state or good public policy: Do the benefits of mandatory health programs justify the loss of consumer choice? Governments are increasingly turning to mandatory programs to improve health. Such programs are appealing because there are high health benefits from universal participation and low costs for promotion and monitoring the program. However, this apparent benefit relies on restriction of personal choice, which may impose welfare losses on consumers. Evaluations generally ignore loss of choice, despite evidence suggesting consumers value the ability to choose. This study will estimate the impact and value this loss of consumer choice, explore program specific factors and consumer characteristics influencing the valuation, and determine whether and how restricted choice should be explicitly considered when evaluating public health programs.Read moreRead less
Economic policy when interest rates are zero. This Project studies economic policy when interest rates are zero. Low interest rate environments constrain monetary policy because central banks cannot lower rates to raise demand. We exploit recent international experience with zero rates to understand why new policies have had mixed success. We argue different outcomes across countries arise because of different degrees of credibility and familiarity with new policy initiatives. We provide empiric ....Economic policy when interest rates are zero. This Project studies economic policy when interest rates are zero. Low interest rate environments constrain monetary policy because central banks cannot lower rates to raise demand. We exploit recent international experience with zero rates to understand why new policies have had mixed success. We argue different outcomes across countries arise because of different degrees of credibility and familiarity with new policy initiatives. We provide empirical support for this view and study the consequences of imperfectly credible policy. We characterize how monetary policy (conventional and unconventional) and fiscal policy can be used to greatest effect in low interest rate environments and quantify the welfare implications for Australia. Read moreRead less
Australian Laureate Fellowships - Grant ID: FL110100247
Funder
Australian Research Council
Funding Amount
$2,461,000.00
Summary
Understanding the implications of population ageing for the future costs of funding health care, aged care and aged pensions in Australia. Decisions about health insurance, aged care, superannuation and retirement are often very complex, and most people find making the best choices extremely challenging. This project will develop new models and design new policies that can help people make better decisions in these areas, leading to greater well being in retirement.