Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater pre ....Helping Central Banks Measure Unobserved Variables Using Real-time Forecasts. The project addresses structural measurement problems confronted routinely by central bankers. The techniques developed, and the estimates provided, will aid directly the Partner Organisations (the Reserve Bank of Australia, the Reserve Bank of New Zealand and Norges Bank) and other central banks in formulating monetary policy. The analysis will allow interest rates in Australia and elsewhere to be set with greater precision. The techniques developed in this project will facilitate the understanding and communication of monetary policy within the central banks concerned, and enhance communication of monetary policy strategy to the public.Read moreRead less
Discovery Early Career Researcher Award - Grant ID: DE150100795
Funder
Australian Research Council
Funding Amount
$365,000.00
Summary
New approaches to estimating nonlinear time-varying macroeconometric models. Quantitative models are essential for formulating good policies. In a changing world, the analysis should be based on models that allow the behaviour of the economy to change over time. Due to computational limitations, however, one is often restricted to linear models, even when nonlinear ones are more appropriate. This project aims to develop new methods for estimating time-varying nonlinear models. Two important appl ....New approaches to estimating nonlinear time-varying macroeconometric models. Quantitative models are essential for formulating good policies. In a changing world, the analysis should be based on models that allow the behaviour of the economy to change over time. Due to computational limitations, however, one is often restricted to linear models, even when nonlinear ones are more appropriate. This project aims to develop new methods for estimating time-varying nonlinear models. Two important applications are also considered: one investigates how the zero lower bound on interest rates affects the monetary policy transmission mechanism; and, the other examines how uncertainties about monetary and fiscal policy affect economic growth and inflation. This project will have strong practical significance for conducting macroeconomic policy.Read moreRead less
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
Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the ec ....Nowcasting and Interpreting the Australian Economy. This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it.
This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled.
The expected outcomes include timely new indicators of the state of the economy, and the factors contributing to it. This should provide significant benefits through informing the conduct of Australian macroeconomic policy, as the appropriate policy response depends not only on knowing the current state of the economy but understanding the economic factors underlying it.
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Integrated Photonics for Secure Communication and Related Applications in Financial Transaction Data Analysis. The project includes excellent basic science, semiconductor device fabrication and applied mathematics with explicitly identified consequences for innovation. There is strong potential for national economic benefits through the manufacture of new integrated photonic devices, the application of these devices in secure communication systems, the research of advanced non-linear analysis pr ....Integrated Photonics for Secure Communication and Related Applications in Financial Transaction Data Analysis. The project includes excellent basic science, semiconductor device fabrication and applied mathematics with explicitly identified consequences for innovation. There is strong potential for national economic benefits through the manufacture of new integrated photonic devices, the application of these devices in secure communication systems, the research of advanced non-linear analysis protocols, and the implementation of these in financial transaction analysis. Professional development and research education of postgraduate students and early career researchers will be carried out in a multi-disciplinary research environment with ongoing uptake of the research in industry and commercial sectors.Read moreRead less
Waves of words: mapping and modeling Australia’s Pacific ties. This project aims to determine the extent and nature of ancient contact relationships between first peoples of Australia and the Pacific by exploring linguistic interactions. The project will use complementary sets of methods and expects to discover what kinds of social configurations underlie different linguistic outcomes in language contact situations. This will improve our understanding of the relationship between language change ....Waves of words: mapping and modeling Australia’s Pacific ties. This project aims to determine the extent and nature of ancient contact relationships between first peoples of Australia and the Pacific by exploring linguistic interactions. The project will use complementary sets of methods and expects to discover what kinds of social configurations underlie different linguistic outcomes in language contact situations. This will improve our understanding of the relationship between language change and socio-cultural change, which will have significant impact on linguistic and anthropological theory.Read moreRead less
Modern statistical methods for clustering community ecology data. This project will develop statistical methods and software for clustering community ecology data, and use them to analyse systematic survey and citizen science program data collected along the Great Barrier Reef. By doing so, the project will address the dearth of statistical classification techniques for high-dimensional, multi-response data with complex relationships. When the resultant clustering methods are used to construct b ....Modern statistical methods for clustering community ecology data. This project will develop statistical methods and software for clustering community ecology data, and use them to analyse systematic survey and citizen science program data collected along the Great Barrier Reef. By doing so, the project will address the dearth of statistical classification techniques for high-dimensional, multi-response data with complex relationships. When the resultant clustering methods are used to construct bioregions and characterise species’ environmental responses, they should significantly enhance evaluations of the impact of human activity and environmental change on coral diversity. Ultimately, these evaluations can underpin future decisions in the conservation and management of the Great Barrier Reef.Read moreRead less
Special Research Initiatives - Grant ID: SR0354738
Funder
Australian Research Council
Funding Amount
$10,000.00
Summary
Digital Endangered Cultural Materials Network: Working group on digital research methodologies for endangered ethnographic material of the Asia-Pacific region. The initiative aims to develop new synergies and improved methods to record, archive and give access to endangered cultural material by bringing together practitioners in information technology, field research and regional stakeholders. Through e-publication of our workshop results, the compilation of an online resource guide and provisio ....Digital Endangered Cultural Materials Network: Working group on digital research methodologies for endangered ethnographic material of the Asia-Pacific region. The initiative aims to develop new synergies and improved methods to record, archive and give access to endangered cultural material by bringing together practitioners in information technology, field research and regional stakeholders. Through e-publication of our workshop results, the compilation of an online resource guide and provision of working metadata model for networked digital media archives, we will promote the best existing tools and approaches for analysis of media content and develop new tools and approaches as required for practical outcomes.Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE0453247
Funder
Australian Research Council
Funding Amount
$205,800.00
Summary
Digital archiving equipment for PARADISEC research archive of Asia-Pacific region audio recordings. The project develops equipment, systems and procedures for cross-institutional digital preservation and sharing of Australian researchers' field recordings of endangered languages and musics of the Asia-Pacific area. Despite diversity of content, common needs exist for future management of our primary research data, not only in migration from analogue to digital recording formats but also in devel ....Digital archiving equipment for PARADISEC research archive of Asia-Pacific region audio recordings. The project develops equipment, systems and procedures for cross-institutional digital preservation and sharing of Australian researchers' field recordings of endangered languages and musics of the Asia-Pacific area. Despite diversity of content, common needs exist for future management of our primary research data, not only in migration from analogue to digital recording formats but also in developing research applications of emerging technologies for digital media indexing, transcription and analysis, as well as content management and remote access protocols. The results will lay the groundwork for a future national facility for regional research recordings and pioneer methodologies for non-bibliographic research information infrastructure.Read moreRead less
Linkage Infrastructure, Equipment And Facilities - Grant ID: LE0346848
Funder
Australian Research Council
Funding Amount
$268,000.00
Summary
Quadriga system for research archive of Asia-Pacific region audio recordings. The equipment allows state-of-the-art digitisation of researchers' field recordings of endangered languages and musics of the Asia-Pacific area. Significant and endangered analogue recordings will be prioritised. As well as preserving unique and valuable cultural materials in archival-standard digital formats, the system will provide CD-audio quality access copies for transcription, analysis and community access.