Below you will find information on economics research projects being undertaken by staff in the School.

Project Title: "Effects of Maternal Work, Day Care Use and Other Investments in Children on Child Cognitive Outcomes"
Professor Michael Keane
Funding: A$345,000 over years 2007-2009 (Australian Research Council Discovery Grant)

Summary:

Later life outcomes due to investments by individuals and/or society in children are crucial to many countries, including Australia. Appropriate policy responses require reliable and valid estimates of the likely effects of individual investments and policy interventions. Despite many research reports on this topic, almost all do not control for selection bias (eg, high achieving mothers tend to put children in day care), which is a feature of our work. Thus, our empirical results will have major policy implications, and will suggest ways to obtain similar results for Australian environments.

Abigail Brown
Project: "Revisiting Auditor Fees' Effect on the Probability of Issuing a Going Concern Opinion"
Funding: A$7,806 (2008 Faculty of Business Research Grant)

Mario Fiorini
Project: "The Impact of Home Computer Use on Children's Cognitive & Non-Cognitive Skills"
Funding: A$6,015 (2008 Faculty of Business Research Grant)

Chih-Ying Hsiao
Project: "Optimal Long-Term Asset Allocation in a Time-Varying Investment Environment"
Funding: A$9,836 (2008 Faculty of Business Research Grant)

Kazuko Kano
Project: "Consumer Inventory & Demand for Grocery Products"
Funding: A$8,500 (2008 Faculty of Business Research Grant)

Len Perry
Project: "The Paradox of Declining Union Membership Accompanied by Rising Approval Rates"
Funding: A$5,000 (2008 Faculty of Business Research Grant)

Annastiina Silvennoinen
Project: "Modelling the Conditional & Unconditional Correlations & Volatilities in Financial Asset Returns"
Funding: A$8,035 (2008 Faculty of Business Research Grant)

Oleg Yerokhin and Olena Stavrunova
Project: "Stock Market Participation & Exposure to Risky Assets: Understanding Portfolio Choices of Australian Households"
Funding: A$6,737 (2008 Faculty of Business Research Grant)

Min Zheng
Project: "Heterogeneous Beliefs & Intertemporal Effects in Exchange Rate Markets"
Funding: A$9,550 (2008 Faculty of Business Research Grant)