Wiley (Books and Journals)

• Australian Economic Review

This article analyses the research productivity of more than 200 individuals in academe with a PhD in economics and finance from (mostly) Australian universities. We find the number of publications accumulates linearly with experience, while citations increase exponentially, pointing to network effects. Panel regressions indicate: (1) the key role of experience in determining research outcomes; (2

• Australian Economic Review

• Australian Economic Review

Max Corden and Ross Garnaut published ‘The Economic Consequences of Mr Trump’ in this journal in 2018. This paper examines what has transpired in the US economy against that article. It notes continuity in budget and trade policy from the Trump Presidency to the Biden Presidency. The continuity in macro‐fiscal and trade policies is accompanied by a significant departure in the focus of fiscal...

• Australian Economic Review

Can new channels for mid‐skill labour mobility simultaneously enhance the welfare of Australia and the Pacific Region? Answering this question requires forecasting Australian demand for vocationally‐skilled migrants over the next generation, and the potential for Pacific supply of those migrants. We project demand for such mid‐skill migrants over the next three decades by combining data on trends

• Australian Economic Review

This paper explores the association between pre‐recorded evidence and court outcomes in cases of domestic violence. Net of controls and time fixed effects, we find that cases with pre‐recorded evidence are 3.4 percentage points more likely to result in a conviction. This increase occurs through three channels: a 5.6 percentage point increase in the probability of a conviction among (the one in...

• Australian Economic Review

This article is aimed at undergraduate and graduate economics students, as well as public sector economists, who are interested in inequality measurement. It examines the use of the Gini inequality measure to compare income distributions. The implicit distributional value judgements are made explicit, via the use of a particular form of Social Welfare Function. Emphasis is given to the...

• Australian Economic Review

• Australian Economic Review

Our paper examines  trends in gender inequalities in unpaid domestic and care work over the short‐ and long‐term in Australia, including assessing the impact of the COVID‐19 lockdowns. We use the concept of time—historical, biographical and transitional—as a framework for our analyses. Drawing on data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey, we find wide and...

• Australian Economic Review

Studies of the association between unpaid housework and wellbeing, especially for parents, has produced either negative or inconclusive results in previous studies. One potential oversight is that ‘housework’ often includes activities with a counteracting effect on mental health. By employing the Household, Income and Labour Dynamics in Australia (HILDA) data set that differentiates ‘housework’...

• Australian Economic Review

Gender revolution theories of fertility posit that when employed women have extensive child care and household responsibilities, they opt to reduce family size. This study examines how household gender inequality influences decisions to have children. Several possible mediators, including wellbeing, relationship quality, and changes in desired family size, are examined. Results from the Household,

• Australian Economic Review

Randomised trials frequently produce surprising findings, overturning conventional wisdom. During the twentieth century, randomised trials became commonplace within medicine, saving millions of lives. Randomised trials within government can now be conducted more cheaply, using administrative data. Just as it might be considered unethical to conduct a randomised trial if a program is indisputably...

• Australian Economic Review

• Australian Economic Review

Directly or indirectly, medical practitioners influence health‐care policy and spending through their clinical decision‐making. As medical expertise and technology has grown, and patient choice has been empowered by the consumer movement, there are now many more medical interventions than can be accommodated in a finite national health‐care budget. We reviewed the Australian Medical Council,...

• Australian Economic Review

Recent decades have seen substantial changes to the innovation systems of major economies, not least due to a paradigm shift caused by the digital revolution. Whether smaller advanced economies such as Australia have undergone a similar shift or moved to fill the void left by other countries is unclear. This issue is important as it sets the long‐term growth path of these economies. I use...

• Australian Economic Review

There appears to be a general movement away from universal child benefits and towards means‐testing. In the present article we argue that instead of suppressing the labour supply of middle‐income parents by withdrawing the transfer as a function of income, one should consider the alternative of financing a generous universal child benefit by increasing taxation of income. The implications of...

• Australian Economic Review

Australian housing markets experienced widespread and, in some cases, extraordinary growth in prices between 2020 and 2023. Using recently developed methodology that accounts for fundamental economic drivers, we assess the existence and degree of speculative behaviour, as well as the timing of exuberance and downturns in these markets. Our findings indicate that speculative behaviour was indeed...

• Australian Economic Review

We examine the causal impact of internal migration on housing prices across 82 Statistical Areas Level 3 regions in Queensland, Australia from 2014–2019. The primary findings are: (i) an annual increase in the inflow of migrants equal to 1 per cent of a region's initial population leads to a 0.6 to 0.7 per cent annual increase in Queensland's house prices across different empirical specifications;

• Australian Economic Review

There is a growing need to gauge local economic activity in real time. Localised economic challenges have been emphasised in the wake of the COVID‐19 pandemic. Real‐time trackers (such as OECD trackers) and other nowcasting applications typically correspond to national or highly aggregated regions. In this discussion paper, we briefly explore how unconventional data might be used to produce...

• Australian Economic Review

Forecasts are relied upon as a guide to what future outcomes for the economy might be. However, it is also important to estimate what is happening in the economy now or has taken place in the recent past. This is where ‘nowcasts’ come in. In this article, I describe what nowcasting is, why it can be a useful tool for macroeconomists as well as present daily nowcasts of key Australian...

• Australian Economic Review

This study shows that the Xero Small Business Index (XSBI) sales growth data can be used to predict the same period's national nominal GDP growth, with high accuracy, in the United Kingdom, Australia and New Zealand. Findings show that XSBI sales growth can predict the same month's GDP growth around two weeks earlier than the official release in the United Kingdom. On the other hand, the three‐mon

• Australian Economic Review

• Australian Economic Review

This article responds to the Review of the Reserve Bank of Australia (RBA), which was released on 20 April 2023. We describe the underperformance of the Australian economy over the past decade, and identify the contribution of RBA mistakes. We suggest remedies that would improve prospects for low inflation and unemployment. Returning to general prosperity requires better coordination of monetary,

• Australian Economic Review

• Australian Economic Review

Mining royalties provide a volatile source of revenue for state governments in Australia. We explore the effects of changes in royalty revenue received by a state government on current‐year budget decisions about expenditure, tax revenue and the budget surplus. The literature postulates different models for how lower‐level government budget decisions respond to a revenue windfall from a higher...

• Australian Economic Review

This article investigates the impact of the COVID‐19 pandemic on the long‐term economic growth of South Africa. We embed an epidemiological model in a modified Solow–Swan model and explore various channels such as morbidity, mortality, unemployment, loss of school days and capital accumulation. We demonstrate that COVID‐19 will lower the average annual growth rate of GDP per capita of South...

• Australian Economic Review

Society is facing significant environmental challenges. The effects of climate change, biodiversity loss and environmental degradation are being increasingly felt worldwide. In recent years, researchers have attempted to adapt neoclassical and endogenous growth theory to account for constraints imposed by scarce natural resources. In this article, we review where, and how, researchers tend to...

• Australian Economic Review

• Australian Economic Review

While the 2023–24 Budget saw the first real increase in rent assistance in Australia since 1990, this was small compared to the growth in real incomes over the three decades. Rapid increases in advertised rents, and expectations that these will flow through to average rents, make an increase in this payment all the more urgent. This article reviews the arguments for and against providing rent...

• Australian Economic Review

Researchers, policy‐makers and the media all highlight a crisis in the Australian private rental sector. Often, proposed rental reforms that centre tenants are claimed to cause property owner disinvestment and have a negative impact on the rental market. Recent research which we co‐authored found these claims are not substantiated by evidence. In this article, we argue that further reforms are...

• Australian Economic Review

Australia's Privacy Act 1988 is under review with a view to bringing Australia's privacy laws into the digital era, more in line with the European Union's General Data Protection Regulation (GDPR). This article discusses how the GDPR can be refined and standardised to be more effective in protecting privacy in the digital era while not adversely affecting the digital economy that relies heavily...