The implications for greying Australia of international property market interlinkages. Recent events in global financial markets have had a major effect on the retirement plans of Australians and the living standards of retirees. This research will permit pension fund managers to better gauge the fundamental links that exist across international property markets, as well as provide a better understanding for both academics and practitioners on the driving forces that link international real est ....The implications for greying Australia of international property market interlinkages. Recent events in global financial markets have had a major effect on the retirement plans of Australians and the living standards of retirees. This research will permit pension fund managers to better gauge the fundamental links that exist across international property markets, as well as provide a better understanding for both academics and practitioners on the driving forces that link international real estate markets together. The research will benefit all Australians as the outcomes will result in improved risk and return performance for superannuation funds, leading to a better standard of living for all retirees.Read moreRead less
Measuring uncertainty in global housing markets and its risk to Australia. This project aims to develop and construct a measure of systemic risk for the national real-estate markets in Australia, and its main trading partners, namely China, Japan, New Zealand, United Kingdom and United States of America. Recently developed methodology will be used to investigate how real estate risks migrate across these countries over time, and during periods of financial turbulence. This methodology is intende ....Measuring uncertainty in global housing markets and its risk to Australia. This project aims to develop and construct a measure of systemic risk for the national real-estate markets in Australia, and its main trading partners, namely China, Japan, New Zealand, United Kingdom and United States of America. Recently developed methodology will be used to investigate how real estate risks migrate across these countries over time, and during periods of financial turbulence. This methodology is intended to be employed as part of a market stability surveillance program and for assessing the impact of real-estate risk on the overall economy. Early detection of the onset of future housing bubble collapses would be of significant benefit to policy makers, Australia’s trading partners, the real estate industry and ultimately home buyers.Read moreRead less
Intra-genomic conflict and the evolution of sexually selected traits. The dynamics of sexual selection may prevent the simultaneous optimization of traits shared by the sexes, or of different traits within each sex. This proposal focuses on the consequences of these conflicts for phenotypic and genomic evolution. First, I will compare selection acting on a sexually dimorphic trait in males and females. Second, I will use artificial selection to create a novel sexually dimorphic trait, and track ....Intra-genomic conflict and the evolution of sexually selected traits. The dynamics of sexual selection may prevent the simultaneous optimization of traits shared by the sexes, or of different traits within each sex. This proposal focuses on the consequences of these conflicts for phenotypic and genomic evolution. First, I will compare selection acting on a sexually dimorphic trait in males and females. Second, I will use artificial selection to create a novel sexually dimorphic trait, and track the evolutionary response. Third, I will investigate the link between two important fitness traits: body size and ageing rate. This work will enhance important on-going research in the laboratory of Robert Brooks (UNSW).Read moreRead less
Harmonic analysis of Laplacians in curved spaces. Harmonic Analysis is a branch of mathematics which is interrelated to other fields of mathematics like complex analysis, number theory and partial differential equations (pdes) with many applications in engineering and technology. This project aims to solve a number of difficult fundamental problems at the frontier of harmonic analysis in understanding Laplacians in curved spaces. Such Laplacians control the propagation of heat and waves on manif ....Harmonic analysis of Laplacians in curved spaces. Harmonic Analysis is a branch of mathematics which is interrelated to other fields of mathematics like complex analysis, number theory and partial differential equations (pdes) with many applications in engineering and technology. This project aims to solve a number of difficult fundamental problems at the frontier of harmonic analysis in understanding Laplacians in curved spaces. Such Laplacians control the propagation of heat and waves on manifolds and Lie groups, arising in mathematical physics and quantum mechanics. Expected outcomes are the solutions of dispersive equations and the framework of singular integrals in curved spaces; new ideas and techniques in harmonic analysis developed; and training of Australian future mathematicians.Read moreRead less
Generalised conformal mappings. A conformal mapping preserves shape, at least at very small scale, circles are mapped to circles. The more recently introduced quasi-conformal mappings nearly preserves shape, at least at a very small scale, circles are mapped to regions which are similar to circles. This project will allow different directions to be scaled differently, and will consider mappings that send circles to ellipses of arbitrary eccentricity. The theory to be developed is mathematical an ....Generalised conformal mappings. A conformal mapping preserves shape, at least at very small scale, circles are mapped to circles. The more recently introduced quasi-conformal mappings nearly preserves shape, at least at a very small scale, circles are mapped to regions which are similar to circles. This project will allow different directions to be scaled differently, and will consider mappings that send circles to ellipses of arbitrary eccentricity. The theory to be developed is mathematical and it will provide a unified approach to important results in several areas, including Lie groups and functions of several complex variables. Read moreRead less
Symmetries in real and complex geometry. This project concerns an important area of abstract modern geometry. The results and techniques of the project will lead to significant progress in this area. It will benefit the national scientific reputation, strengthen the research profile of the home institutions, and provide training to young researchers.
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
Change Detection in Causal Relationships and Measurement of Systemic Risk. Empirical measures of interconnectedness between financial institutions based on tests of Granger causality are currently used in detecting systemic risk. However, researchers need to define periods of calm and stress exogenously in order to implement these tests appropriately. This project aims to develop a new procedure to identify changes in causal relationships and the timing of these changes. The new approach has the ....Change Detection in Causal Relationships and Measurement of Systemic Risk. Empirical measures of interconnectedness between financial institutions based on tests of Granger causality are currently used in detecting systemic risk. However, researchers need to define periods of calm and stress exogenously in order to implement these tests appropriately. This project aims to develop a new procedure to identify changes in causal relationships and the timing of these changes. The new approach has the potential to be a significant improvement in the real-time identification of emerging turmoil in financial markets and provide an improved method for the detection of systemic risk. The new test procedure will be implemented using data for financial and non-financial institutions across Europe, the US and Australia.Read moreRead less
How sexually antagonistic genes and sexual selection influence the evolution of the Y chromosome. Sexually antagonistic genes are beneficial to members of one sex, but costly to the other. They are of significance both to the coevolution between the sexes and the evolution of the sex chromosomes. We will measure the sexually antagonistic effects of genes that make male guppies sexually attractive. We will then study how these genes, and the process of sexual selection that favours them influence ....How sexually antagonistic genes and sexual selection influence the evolution of the Y chromosome. Sexually antagonistic genes are beneficial to members of one sex, but costly to the other. They are of significance both to the coevolution between the sexes and the evolution of the sex chromosomes. We will measure the sexually antagonistic effects of genes that make male guppies sexually attractive. We will then study how these genes, and the process of sexual selection that favours them influence the process of recombination between the X and Y chromosomes.Read moreRead less
Putting sexual selection in a life-history context: What is meant by genetic quality? Theories of sexual signalling have been developed largely without reference to life-history theory and quantitative genetics. We will test recent theory that shows the costs of signals are best measured in units of future survival and reproduction. In a series of field and laboratory experiments on the cricket Teleogryllus commodus, we will test the idea that the "male genetic quality" referred to by good-genes ....Putting sexual selection in a life-history context: What is meant by genetic quality? Theories of sexual signalling have been developed largely without reference to life-history theory and quantitative genetics. We will test recent theory that shows the costs of signals are best measured in units of future survival and reproduction. In a series of field and laboratory experiments on the cricket Teleogryllus commodus, we will test the idea that the "male genetic quality" referred to by good-genes models of sexual selection is quality in the general ability to acquire resources, rather than in how resources are allocated among fitness components.Read moreRead less