Proceedings of the Australian Conference of Economists, 2005 [ISBN 07340 26080]

Summary of All Sessions

#Date/TimeLocationTitlePapers
126 September
9:30-10:45
Copland Theatre Plenary: John Sutton - Competing in Capabilities: Profitability and Survival1
226 September
11:15-12:45
Commerce Prest Theatre Applied Bayesian Microeconometrics3
326 September
11:15-12:45
Commerce Theatre 2 Empirical Analysis of Elections2
426 September
11:15-12:45
Old Arts Theatre D Empirical analysis of business cycles3
526 September
11:15-12:45
Commerce Theatre 3 Economic History3
626 September
11:15-12:45
Old Arts Theatre A Monetary policy2
726 September
11:15-12:45
Commerce Theatre 1 Environmental Economics I3
826 September
11:15-12:45
Old Arts Theatre E Labour economics3
926 September
11:15-12:45
Old Arts Theatre C Exchange rates3
1026 September
11:15-12:45
Commerce Wood Theatre Microeconomics3
1126 September
11:15-13:00
Old Arts Theatre B International Trade (Extended session)4
1226 September
13:45-15:15
Public Lecture Theatre Keynote: Adrian Pagan - Qualms About Five Popular Macroeconometric Tools1
1326 September
13:45-15:15
Copland Theatre Keynote: James Galbraith - Global Inequality and Global Macroeconomics1
1426 September
13:45-15:15
Old Arts Theatre D Keynote: Charles Noussair - Experimental Studies of Models of Economic Growth1
1526 September
15:45-17:30
Old Arts Theatre A Developments in DSGE Modelling (An extended session)4
1626 September
15:45-17:15
Commerce Theatre 1 Quantitative Analysis of Performance in the Tertiary Education Sector3
1726 September
15:45-17:30
Commerce Theatre 3 History of (Australian) Economic Thought4
1826 September
15:45-17:15
Old Arts Theatre B Water3
1926 September
15:45-17:15
Old Arts Theatre E Retirement incomes3
2026 September
15:45-17:15
Commerce Wood Theatre Industrial organisation3
2126 September
15:45-17:15
Commerce Theatre 2 Immigration3
2226 September
15:45-17:30
Old Arts Theatre D Econometrics (An extended session)4
2326 September
15:45-17:15
Old Arts Theatre C Finance3
2426 September
17:30-19:00
Copland Theatre Plenary: The 2005 Stan Kelly Memorial Lecture: Peter Lloyd - Trade Policy, The Role of Public Enquiries1
2527 September
9:15-10:45
Copland Theatre Plenary: The Xiaokai Yang Memorial Lecture: Hugo Sonnenschein - Factor Endowment, Relative Commodity Prices, and Anything Goes1
2627 September
10:30-11:15
Grand Buffet: First Floor MU Student Union PhD Poster Session0
2727 September
11:15-12:45
Public Lecture Theatre Keynote: James MacKinnon - Bootstrap Methods in Econometrics1
2827 September
11:15-12:45
Old Arts Theatre D Keynote: Patrick Rey - Price control in vertical relationships2
2927 September
11:15-12:45
Copland Theatre Keynote: The 2005 Giblin Lecture given on behalf of ANZAAS: Ross Williams - Fiscal Federalism1
3027 September
11:15-12:45
Old Arts Theatre E Keynote: Papers on Labour market reform3
3127 September
12:30-13:45
Grand Buffet: First Floor MU Student Union PhD Poster Session0
3227 September
13:45-15:15
Copland Theatre Plenary: Olivier Blanchard - European unemployment: The evolution of facts and ideas1
3327 September
15:15-15:45
Grand Buffet: First Floor MU Student Union PhD Poster Session0
3427 September
15:45-17:15
Commerce Wood Theatre Unemployment and inflation3
3527 September
15:45-17:15
Old Arts Theatre A International Finance3
3627 September
15:45-17:15
Commerce Theatre 3 Education3
3727 September
15:45-17:15
Old Arts Theatre C Finance3
3827 September
15:45-17:15
Old Arts Theatre E International Trade3
3927 September
15:45-17:15
Commerce Prest Theatre Law and Economics3
4027 September
15:45-17:15
Commerce Theatre 2 Growth empirics3
4127 September
15:45-17:15
Commerce Theatre 1 Environmental economics II3
4227 September
15:45-17:15
Old Arts Theatre D Labour economics3
4327 September
15:45-17:15
Old Arts Theatre B Microeconomics3
4427 September
15:45-17:15
Old Arts Room 239 Ideas and their history2
4528 September
9:15-10:45
Commerce Prest Theatre Microsimulation Modelling3
4628 September
9:15-10:45
Commerce Theatre 3 Energy Economics3
4728 September
9:15-10:45
Old Arts Theatre C Intellectual Property3
4828 September
9:15-11:00
Old Arts Theatre A Open economy macroeconomics (Extended session)4
4928 September
9:15-10:45
Old Arts Theatre E Indigenous Australians3
5028 September
9:15-10:45
Commerce Theatre 1 Education3
5128 September
9:15-10:45
Commerce Theatre 2 Economic growth3
5228 September
9:15-10:45
Old Arts Theatre D Labour and productivity3
5328 September
9:15-10:45
Old Arts Theatre B Finance3
5428 September
9:15-10:45
Commerce Wood Theatre Some current policy issues2
5528 September
11:15-12:45
Public Lecture Theatre Keynote: Alison Booth - Modelling the Impact of Fiscal Policy on Labor Supply and Education0
5628 September
11:15-12:45
Old Arts Theatre D Keynote: John Quiggin - Research and Discovery1
5728 September
11:15-12:45
Copland Theatre Keynote: James Robinson - Income and Democracy1
5828 September
13:30-15:15
Commerce Wood Theatre Household Income and Labour Dynamics (HILDA)3
5928 September
13:30-15:15
Old Arts Theatre A Research and Development4
6028 September
13:30-15:15
Old Arts Theatre C Taxation4
6128 September
13:30-15:15
Commerce Theatre 1 Consumption and Savings4
6228 September
13:30-15:15
Old Arts Theatre D Productivity Growth4
6328 September
13:30-15:15
Old Arts Theatre E Child health and education in developing countries4
6428 September
13:30-15:15
Old Arts Theatre B Industrial Organisation4
6528 September
13:30-15:15
Commerce Theatre 2 Economic analysis3
6628 September
15:45-17:15
Old Arts Theatre B Health Economics3
6728 September
15:45-17:15
Old Arts Theatre E Affirmative action, Harassment3
6828 September
15:45-17:15
Old Arts Theatre A Development Macroeconomics2
6928 September
15:45-17:15
Old Arts Theatre D Labour economics3
7028 September
15:45-17:15
Old Arts Theatre C International trade3
7128 September
15:45-17:15
Commerce Theatre 1 Human resources3
7228 September
15:45-17:15
Commerce Theatre 2 Foreign direct investment3
 

72 sessions, 187 papers


 

Proceedings of the Australian Conference of Economists, 2005 [ISBN 07340 26080]

Complete List of All Sessions


Session 1: Plenary: John Sutton - Competing in Capabilities: Profitability and Survival

Session Chair: Jeff Borland, UNIVERSITY OF MELBOURNE
Date: September 26, 2005
Time: 9:30 - 10:45
Location: Copland Theatre
 

Competing in Capabilities: Profitability and Survival
By John Sutton

Session 2: Applied Bayesian Microeconometrics

Session Chair: Bill Griffiths, University of Melbourne
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Commerce Prest Theatre
 

Estimating State-Contingent Production Frontiers
By C.J. O'Donnell and W.E. Griffiths
 

Foreign Exchange Intervention by the Bank of Japan: Bayesian Analysis using a Bivariate Stochastic Volatility Model
By Michael Smith and Andrew Pitts
 

Bayesian Assessment of Lorenz and Stochastic Dominance in Income Distributions
By Duangkamon Chotikapanich and William Griffiths

Session 3: Empirical Analysis of Elections

Session Chair: Tim Fry, RMIT University
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Commerce Theatre 2
 

Competing Approaches to Forecasting Elections: Economic Models, Opinion Polling and Prediction Markets
By Andrew Leigh, Justin Wolfers
 

Trust me: It's still the economy
By Sinclair Davidson, Lisa Farrell, Clare Felvus and Tim R.L. Fry

Session 4: Empirical analysis of business cycles

Session Chair: Olan Henry, University of Melbourne
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Old Arts Theatre D
 

Output Volatility in Australia
By Philip Bodman and Gareth Leeves
 

The Influence of Consumer Confidence and Stock Prices on the United States Business Cycle 1953-2003
By David Haugh
 

Real Time Representations of the Output Gap
By Anthony Garratt, Kevin Lee, Emi Mise and Kalvinder Shields

Session 5: Economic History

Session Chair: David Merrett, University of Melbourne
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Commerce Theatre 3
 

Business profitability and structural change in interwar Australia
By Simon Ville and David Merrett
 

The Financial Sector and Deregulation in Australia: Drivers of Reform or Reluctant Followers?
By Dr Amanda Fitzgibbons
 

A re-examination of the origins of American industrial success
By David Prentice

Session 6: Monetary policy

Session Chair: Guay Lim,
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Old Arts Theatre A
 

Asymmetric Monetary Policy in Australia
By Shawn Chen-Yu Leu and Jeffrey Sheen
 

Japanese Monetary Policy under Quantitative Easing: Neo-Wicksellian versus Monetarist Interpretations
By Stephen Kirchner

Session 7: Environmental Economics I

Session Chair: Lata Gangadharan, University of Melbourne
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Commerce Theatre 1
 

Impact of Risk and Uncertainty in the Provision of Local and Global Environmental Goods: An Experimental Analysis
By Lata Gangadharan, Veronika Nemes
 

Is a Voluntary Approach an Effective Environmental Policy Instrument? A Case of Environmental Management Systems
By Toshi H. Arimura, Akira Hibiki, and Hajime Katayama
 

Green consumer activism and firm profitability
By Subhashini Muthukrishnan

Session 8: Labour economics

Session Chair: Guyonne Kalb, University of Melbourne
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Old Arts Theatre E
 

Health and Labour Force Status of Older Working-age Australian Men
By Lixin Cai and Guyonne Kalb
 

Organisational Change, Absenteeism and Welfare Dependency
By Knut Roed and Elisabeth Fevang
 

The Displacement Effect of Labour-Market Programs: Estimates from the MONASH Model
By Peter B. Dixon and Maureen T, Rimmer

Session 9: Exchange rates

Session Chair: Neville Norman, public
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Old Arts Theatre C
 

Measuring the Effects of Exchange Rate Changes on Investment in Australian Manufacturing Industry
By Robyn Swift
 

A Re-examination of the Exchange Rate Disconnect Puzzle: Evidence from Firm Level Data
By R. Dekle, H. Jeong, and H. Ryoo
 

The Real Exchange Rate, National Income and the Efficacy of Macropolicy
By Tony Makin

Session 10: Microeconomics

Session Chair: Joshua Gans, University of Melbourne
Date: September 26, 2005
Time: 11:15 - 12:45
Location: Commerce Wood Theatre
 

Bilateral Bargaining with Externalities
By Catherine de Fontenay and Joshua Gans
 

Efficient Auctions with Private Participation Costs
By Jingfeng Lu
 

Favoritism and Reverse Discrimination
By Kwang-ho Kim

Session 11: International Trade (Extended session)

Session Chair: Christis Tombazos, Monash University
Date: September 26, 2005
Time: 11:15 - 13:00
Location: Old Arts Theatre B
 

A Model of the World Wool Market
By George Verikios
 

Commodity Prices and the Dynamics of Inflation in Commodity-exporting countries: Evidence from Australia and Canada
By Harry Bloch, A Michael Dockery and David Sapsford
 

De-Regulation as (Welfare Reducing) Trade Reform:
By Steve McCorriston and Donald MacLaren
 

Long-terms Patterns in Australia's Terms of Trade
By Christian Gillitzer and Jonathan Kearns

Session 12: Keynote: Adrian Pagan - Qualms About Five Popular Macroeconometric Tools

Session Chair: Bill Griffiths, University of Melbourne
Date: September 26, 2005
Time: 13:45 - 15:15
Location: Public Lecture Theatre
 

I Have a Little List: Qualms About Five Popular Macroeconometric Tools
By Adrian Pagan

Session 13: Keynote: James Galbraith - Global Inequality and Global Macroeconomics

Session Chair: John King, La Trobe University
Date: September 26, 2005
Time: 13:45 - 15:15
Location: Copland Theatre
 

Global Inequality and Global Macroeconomics
By James Galbraith

Session 14: Keynote: Charles Noussair - Experimental Studies of Models of Economic Growth

Session Chair: Peter Bardsley, University of Melbourne
Date: September 26, 2005
Time: 13:45 - 15:15
Location: Old Arts Theatre D
 

The Impact of Simple Institutions in Experimental Economies with Poverty Traps
By Charles Noussair and others

Session 15: Developments in DSGE Modelling (An extended session)

Session Chair: Viv Hall, Victoria University of Wellington
Date: September 26, 2005
Time: 15:45 - 17:30
Location: Old Arts Theatre A
 

Taylor Rules for Open Economies with Endogenous Risk Premia
By G.C.Lim amd P.D.McNelis
 

On habit formation in a New Keynesian business cycle model
By Richard Dennis
 

Financial intermediation and the cost of capital in an open economy
By Iris Claus
 

The Price Puzzle and Indeterminacy
By Efrem Castelnuovo, Paolo Surico

Session 16: Quantitative Analysis of Performance in the Tertiary Education Sector

Session Chair: Ian McDonald, University of Melbourne
Date: September 26, 2005
Time: 15:45 - 17:15
Location: Commerce Theatre 1
 

The Gender Issue Revisited: A Case Study of Student Performance in Economics and Econometrics
By Diane Dancer
 

The Impact of HECS Debt on Students Tertiary Academic Performance
By Elisa Rose Birch and Paul W. Miller
 

Systematic Influences on Teaching Evaluations: The Case for Caution
By Martin Davies, Joe Hirschberg, Jenny Lye, Carol Johnston, and Ian McDonald1

Session 17: History of (Australian) Economic Thought

Session Chair: John King, La Trobe University
Date: September 26, 2005
Time: 15:45 - 17:30
Location: Commerce Theatre 3
 

A Biographical Dictionary of Australian and New Zealand Economists
By J. E. King
 

A Biographical Sketch of William Edward Hearn (1826-1888)
By Gregory C. G. Moore
 

D. B. Copland and the Aftershocks of the Premier's Plan 1931-1939
By Alex Millmow
 

Effective Protection and I
By Max Corden

Session 18: Water

Session Chair: Peter Bardsley, University of Melbourne
Date: September 26, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre B
 

Salinity in Water Markets: An Experimental Investigation of the Sunraysia Salinity Levy, Victoria.
By Charlotte Duke, Lata Gangadharan
 

Demand Management for Melbourne's Water
By Geoff Edwards
 

Modelling residential water demand with fixed volumetric charging in a large urban municipality: The case of Brisbane, Australia
By M. Hoffmann, A. Worthington H. Higgs

Session 19: Retirement incomes

Session Chair: John Creedy,
Date: September 26, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre E
 

Australia's Retail Superannuation Fund Industry: Structure, Conduct and Performance
By Adam Clements, Gemma Dale, Michael E. Drew
 

Comparative performance of retirement income systems in the Anglosphere
By Hazel Bateman, Geoffrey Kingston
 

The Determinants of Occupational Pensions
By Erik Hernaes, John Piggott, Steinar Strom, Tao Zhang

Session 20: Industrial organisation

Session Chair: David Prentice, La Trobe University
Date: September 26, 2005
Time: 15:45 - 17:15
Location: Commerce Wood Theatre
 

Overinvestment in European Football Leagues
By Helmut M. Dietl, Egon Franck, Markus Lang
 

Using Markets to Inform Policy: The Case of the Iraq War
By Justin Wolfers and Eric Zitzewitz
 

Reputational Incentives for Restaurant Hygiene
By Ginger Jin and Phillip Leslie

Session 21: Immigration

Session Chair: Andrew Clarke, University of Melbourne
Date: September 26, 2005
Time: 15:45 - 17:15
Location: Commerce Theatre 2
 

The Impact of Immigration on Native Workers in Australia
By Jaai Parasnis, Dietrich Fausten and Russell Smyth
 

Immigrant Overeducation: Evidence from Recent Arrivals to Australia
By Green, C., Kler, P. and Leeves, G.
 

Intersectoral Size Differences and Migration: Kuznets Revisited
By Nejat Anbarci and Mehmet Ulubasoglu

Session 22: Econometrics (An extended session)

Session Chair: Bill Griffiths, University of Melbourne
Date: September 26, 2005
Time: 15:45 - 17:30
Location: Old Arts Theatre D
 

Finite Sample Properties of the Block Bootstrap and the Markovian Bootstrap for Conditional Moment Models
By Rachida OUYSSE
 

Applications of the Fast Double Bootstrap
By James MacKinnon
 

Bayesian Model Averaging over Distinct Groups of Models
By Chew Lian Chua and Peter Summers
 

Improvements to Long-run Identifications
By Mau-Ting Lin

Session 23: Finance

Session Chair: Olan Henry, University of Melbourne
Date: September 26, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre C
 

Equity Return and Short-term interest rate volatility: level effects and asymmetric dynamics
By Olan Henry, Nilss Olekalns, Sandy Suardi
 

Behaviors of Liquidity Patterns in a Limit Order-Driven Market, an evidence from Chinese stock markets
By Mingyuan Guo and Gary Tian
 

Intraday Data and Volatility Models: Evidence from Chinese Stocks
By Gary Tian and Mingyuan Guo

Session 24: Plenary: The 2005 Stan Kelly Memorial Lecture: Peter Lloyd - Trade Policy, The Role of Public Enquiries

Session Chair: Peter Dawkins,
Date: September 26, 2005
Time: 17:30 - 19:00
Location: Copland Theatre
 

Trade Policy: The Role of Public Enquiries
By Peter Lloyd

Session 25: Plenary: The Xiaokai Yang Memorial Lecture: Hugo Sonnenschein - Factor Endowment, Relative Commodity Prices, and Anything Goes

Session Chair: Professor Richard Larkins, VC - Monash University
Date: September 27, 2005
Time: 9:15 - 10:45
Location: Copland Theatre
 

Factor Endowment, Relative Commodity Prices, and Anything Goes
By Hugo Sonnenschein

Session 26: PhD Poster Session

Date: September 27, 2005
Time: 10:30 - 11:15
Location: Grand Buffet: First Floor MU Student Union

Session 27: Keynote: James MacKinnon - Bootstrap Methods in Econometrics

Session Chair: Guay Lim,
Date: September 27, 2005
Time: 11:15 - 12:45
Location: Public Lecture Theatre
 

Bootstrap Methods in Econometrics
By James G. MacKinnon

Session 28: Keynote: Patrick Rey - Price control in vertical relationships

Session Chair: Joshua Gans, University of Melbourne
Date: September 27, 2005
Time: 11:15 - 12:45
Location: Old Arts Theatre D
 

Resale price maintenance and horizontal cartels
By Patrick Rey and Thibaud Verge
 

Slotting Allowances and Conditional Payments
By Patrick Rey, Jeanine Thal and Thibaud Verge

Session 29: Keynote: The 2005 Giblin Lecture given on behalf of ANZAAS: Ross Williams - Fiscal Federalism

Session Chair: Peter Lloyd, University of Melbourne
Date: September 27, 2005
Time: 11:15 - 12:45
Location: Copland Theatre
 

Fiscal Federalism: Aims, Instruments and Outcomes
By Ross Williams

Session 30: Keynote: Papers on Labour market reform

Session Chair: Paul Miller, University of Western Australia
Date: September 27, 2005
Time: 11:15 - 12:45
Location: Old Arts Theatre E
 

The American Model and the Chimera of Labour Market Reforms (in Europe and Elsewhere)
By James Galbraith
 

Reforming Industrial Relations and Social Equity
By John Freebairn
 

Australia's Industrial Relations Reform Agenda
By Mark Wooden

Session 31: PhD Poster Session

Date: September 27, 2005
Time: 12:30 - 13:45
Location: Grand Buffet: First Floor MU Student Union

Session 32: Plenary: Olivier Blanchard - European unemployment: The evolution of facts and ideas

Session Chair: Ian McDonald, University of Melbourne
Date: September 27, 2005
Time: 13:45 - 15:15
Location: Copland Theatre
 

European unemployment: The evolution of facts and ideas
By Olivier Blanchard

Session 33: PhD Poster Session

Date: September 27, 2005
Time: 15:15 - 15:45
Location: Grand Buffet: First Floor MU Student Union

Session 34: Unemployment and inflation

Session Chair: Philip Bodman, University of Queensland
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Commerce Wood Theatre
 

The Phillips Curve and Long-Term Unemployment
By Ricardo Llaudes
 

Australia's Inflation Barrier, 1965:4 to 2003:3
By Jenny N. Lye,Ian M. McDonald
 

Estimating substitution bias in the Consumer Price Index: An empirical investigation using scanner data
By Lorraine Ivancic

Session 35: International Finance

Session Chair: Vance Martin, private
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre A
 

Endogenous Contagion - A Panel Analysis
By Dirk Baur and Renee Fry
 

Tests for RIP among the G7 when structural breaks are accommodated
By Bruce Felmingham and Arusha Cooray
 

International Monetary Policy Surprise Spillovers
By Roger Craine and Vance L. Martin

Session 36: Education

Session Chair: Brian Dollery,
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Commerce Theatre 3
 

Time and Money: Understanding the Education Choices of Working Australians
By Sue O'Keefe, Lin Crase, Brian Dollery
 

Beyond the Classroom: Using Title IX to Measure the Labor-Market Return to High School Sports
By Betsey Stevenson
 

Why does educational attainment differ across U.S. states?
By Lutz Hendricks

Session 37: Finance

Session Chair: David Beggs, University of Melbourne
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre C
 

A Time-Series Analysis of the Demand for Life Insurance Companies in Australia: An Unobserved Components Approach
By Liam J. A. Lenten and David N. Rulli
 

Market Arbitrage of Cash Dividends and Franking Credits
By David Beggs and Christopher L Skeels
 

An Empirical Model for Durations in Stocks
By Ola Simonsen

Session 38: International Trade

Session Chair: Russell Hillberry, University of Melbourne
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre E
 

The Restrictiveness of Rules of Origin in Preferential Trade Agreements
By Paul Gretton and Jyothi Gali
 

Trade Creation, Trade Diversion, and Non-Members of Free Trade Areas
By Robert Waschik
 

The degree of Independence in European Goods Markets
By Roger Hammersland

Session 39: Law and Economics

Session Chair: Rhonda Smith, University of Melbourne
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Commerce Prest Theatre
 

Valuing Criminal Court Services
By Andrew Torre
 

Rent seeking and judicial bias in weak legal systems
By Peter Bardsley and Quan Nguyen
 

Addictive Drug Use Management Policies in a Long Run Economic Model
By Harry Clarke and Martin Byford

Session 40: Growth empirics

Session Chair: Hsiao-chuan Chang, University of Melbourne
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Commerce Theatre 2
 

Corruption, Income Inequality, and Growth: Evidence From U.S. States
By Oguzhan C. Dincer, Burak Gunalp
 

Trade, Openness and Domestic Conflict: An Empirical Investigation for Latin America
By Prasad S. Bhattacharya and Dimitrios D. Thomakos
 

Root Causes of Economic Progress Re-examined
By Sambit Bhattacharyya

Session 41: Environmental economics II

Session Chair: Veronika Nemes, The School for Field Studies
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Commerce Theatre 1
 

Common and endangered species: How does society allocate support for their conservation?
By Clevo Wilson and Clem Tisdell
 

Assessing the Value of Clean Air in Jakarta-Indonesia: A Spatial Hedonic Price Analysis of Housing Values
By Arief Yusuf and Budy Resosudarmo
 

Valuing the willingness to pay for environmental conservation and management: A case study of scuba diving levies in Similan Islands Marine Park, Thailand
By Miss Sorada Tapsuwan

Session 42: Labour economics

Session Chair: Mark Wooden, University of Melbourne
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre D
 

Does "Work for the Dole" work?
By Jeff Borland and Yi-Ping Tseng
 

The Effect of Financial Incentives on Labour Supply: Evidence for sole parents from microsimulation and quasi-experimental evaluation
By Lixin Cai, Guyonne Kalb, Yi-Ping Tseng, and Hong Ha Vu
 

How Changes in Financial Incentives Affect the Duration of Unemployment
By Rafael Lalive, Jan van Ours, Josef Zweimueller

Session 43: Microeconomics

Date: September 27, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre B
 

Exhaustible Resources, Nonconvexity and Competitive Equilibriu
By Robert D. Cairns
 

Domestic and Global sourcing
By Wenli Cheng and Dingsheng Zhang
 

Firm Size Dynamics in the Aggregate Economy
By Esteban Rossi-Hansberg and Mark L. J. Wright

Session 44: Ideas and their history

Session Chair: John King, La Trobe University
Date: September 27, 2005
Time: 15:45 - 17:15
Location: Old Arts Room 239
 

The Non-competing groups : J.E.Cairnes's approach on labour market segmentation and industrial organisation
By Michel Dimou
 

Economics of scientific research: origins, nature and structure
By Mario Coccia

Session 45: Microsimulation Modelling

Session Chair: Guyonne Kalb, University of Melbourne
Date: September 28, 2005
Time: 9:15 - 10:45
Location: Commerce Prest Theatre
 

Sectoral labor supply, choice restrictions and functional form
By John:K. Dagsvik and Steinar Strom
 

Dynamic Microsimulation for Policy Analysis - Problems and Solutions
By N. Anders Klevmarken
 

Evaluating Policy Reforms in Behaviour Tax Microsimulation Models
By John Creedy and Guyonne Kalb

Session 46: Energy Economics

Date: September 28, 2005
Time: 9:15 - 10:45
Location: Commerce Theatre 3
 

Capex Interuptus: Deferal Values and Incentives for Electricity Network Demand Management in NSW
By Robert Smith
 

Using a Real Options Approach to Model Technology Adoption under Carbon Price Uncertainty: An Application to the Australian Electricity Generation Sector
By Luke Reedman, Paul Graham and Peter Coombes
 

Risk and regulatory truncation
By Dr John Salerian

Session 47: Intellectual Property

Session Chair: Nisvan Erkal, University of Melbourne
Date: September 28, 2005
Time: 9:15 - 10:45
Location: Old Arts Theatre C
 

The Dynamics of Intellectual Property Practices
By Joshua Gans
 

The Effects on Firm Profits of the Stock of Intellectual Property Rights
By Bill Griffiths, Paul Jensen and Beth Webster
 

Determinants of international patent examination outcomes
By Palangkaraya, A., Jensen, P.H. and E. Webster

Session 48: Open economy macroeconomics (Extended session)

Session Chair: Guay Lim,
Date: September 28, 2005
Time: 9:15 - 11:00
Location: Old Arts Theatre A
 

An Australasian currency, New Zealand adopting the US dollar, or an independent monetary policy?
By Viv B Hall
 

Expenditure Switching Effect and Exchange Rate Regime Debate
By Wei Dong
 

Terms-of-trade Shocks and Exchange Rate Regimes in a Small Open Economy
By Joseph D. Alba and Wai Mun Chia
 

Inflation Targeting and Exchange Rate Pass-through
By Alessandro Flamini

Session 49: Indigenous Australians

Session Chair: Matthew Gray, The Australian National University
Date: September 28, 2005
Time: 9:15 - 10:45
Location: Old Arts Theatre E
 

The Economics of Australian Apartheid: The Causes of Indigenous Deprivation
By Helen Hughes
 

Between a Rock and Hard Place
By R G Gregory
 

Changes in the economic, health and social status of Indigenous Australians in remote and settled Australia, 1994-2002
By Boyd Hunter

Session 50: Education

Date: September 28, 2005
Time: 9:15 - 10:45
Location: Commerce Theatre 1
 

Ranking Australian economics departments by research productivity
By Frank Neri and Joan Rodgers
 

School Cost Functions: A Meta-regression Analysis
By Andrew Colegrave, Margaret Giles
 

determining the relative efficiency of European Higher Education institutions
By Othman Joumday et Catherine Ris

Session 51: Economic growth

Session Chair: David Lansley,
Date: September 28, 2005
Time: 9:15 - 10:45
Location: Commerce Theatre 2
 

Education and Growth in the Presence of Capital Flight
By Debajyoti Chakrabarty, Chetan Ghate, Areendam Chanda
 

Increased Labour Supply, Foreign Investment and Welfare in the presence of Productive Public Infrastructure
By Sajid Anwar
 

Bank Capital, Bank Lending and Endogenous Growth
By Wieneke, Axel

Session 52: Labour and productivity

Session Chair: David Prentice, La Trobe University
Date: September 28, 2005
Time: 9:15 - 10:45
Location: Old Arts Theatre D
 

Flexibility, dual labour markets, and temporary employment: Empirical evidence from German establishment data
By Christian Pfeifer
 

Skill dispersion and productivity: an analysis with matched data
By Susana Iranzo, Fabiano Schivardi, Elisa Tosetti
 

Outsourcing and Unionization. A tale of misallocated (resistance) resources
By Elisabetta Magnani and David Prentice

Session 53: Finance

Session Chair: Olan Henry, University of Melbourne
Date: September 28, 2005
Time: 9:15 - 10:45
Location: Old Arts Theatre B
 

Combining Skill and Capital: Alternate Mechanisms for Achieving an Optimal Fund Size
By Bruce D. Grundy
 

An Analysis of Hedge Fund Styles using the Gap Statistic
By Robert Bianchi, Michael Drew, Madhu Veeraraghavan, Peter Whelan
 

Long memory, heterogeneity and trend chasing
By Xue-Zhong He and Youwei Li

Session 54: Some current policy issues

Date: September 28, 2005
Time: 9:15 - 10:45
Location: Commerce Wood Theatre
 

Policy Issues in Aged Care
By Warren Hogan
 

The Distributional Impact of the Proposed Welfare-to-Work Reforms Upon Sole
By Ann Harding, Quoc Ngu Vu, Richard Percival and Gillian Beer

Session 55: Keynote: Alison Booth - Modelling the Impact of Fiscal Policy on Labor Supply and Education

Session Chair: John Creedy,
Date: September 28, 2005
Time: 11:15 - 12:45
Location: Public Lecture Theatre

Session 56: Keynote: John Quiggin - Research and Discovery

Session Chair: John Freebairn, University of Melbourne
Date: September 28, 2005
Time: 11:15 - 12:45
Location: Old Arts Theatre D
 

Learning and Discovery
By John Quiggin

Session 57: Keynote: James Robinson - Income and Democracy

Session Chair: Jeff Borland, UNIVERSITY OF MELBOURNE
Date: September 28, 2005
Time: 11:15 - 12:45
Location: Copland Theatre
 

Income and Democracy
By James Robinson

Session 58: Household Income and Labour Dynamics (HILDA)

Session Chair: Mark Wooden, University of Melbourne
Date: September 28, 2005
Time: 13:30 - 15:15
Location: Commerce Wood Theatre
 

Labour Supply of Australian Couples
By Robert Breunig, Deborah Cobb-Clark, and Xiaodong Gong
 

Effects of household joblessness on subjective wellbeing
By Rosanna Scutella and Mark Wooden
 

Property Owners in Australia: A Snapshot
By Marion Kohler and Anthony Rossiter

Session 59: Research and Development

Session Chair: Shuyun May Li, University of Melbourne
Date: September 28, 2005
Time: 13:30 - 15:15
Location: Old Arts Theatre A
 

The Role of Human Capital and Physical Capital Accumulation in an R&D-based Growth Model
By Thanh Le
 

Collective Action in Plant Breeding
By Eran Binenbaum, Philip G. Pardey
 

Optimal Sharing Strategies in Dynamic Games of Research and Development
By Nisvan Erkal and Deborah Minehart
 

The Role of Market Frictions on Innovative and Imitative Activities: A Search Theoretical Approach
By Chia-Ying Chang

Session 60: Taxation

Session Chair: Brian Dollery,
Date: September 28, 2005
Time: 13:30 - 15:15
Location: Old Arts Theatre C
 

A critical note on local government charges in Australia: Have we lost sight of how to fund public and merit goods?
By Lin Crase and Brian Dollery
 

Taxation and Subsidies for Housing and Land: Market Impacts and Economic Efficiency Implications
By Peter Abelson
 

Tax compliance and firms' strategic interdependence
By Ralph-C. Bayer and Frank A. Cowell
 

Dynamic optimal taxation with human capital
By Leslie J. Reinhorn

Session 61: Consumption and Savings

Date: September 28, 2005
Time: 13:30 - 15:15
Location: Commerce Theatre 1
 

Consumption and Stock Prices: Can We Distinguish Signalling from Wealth Effects?
By Nicolaas Groenewold
 

Response of consumption to income, credit and interest rates in Australia
By Penny Smith and Lei Lei Song
 

The Consumption of The Elderly: Evidence from the Consumer Expenditure Surveys
By Daniel T. Slesnick and Aydogan Ulker
 

Does Mandatory Pension savings Crowd out Private Savings?: The Experience of Sri Lanka
By Wasana Karunarathne and Tilak Abeysinghe

Session 62: Productivity Growth

Session Chair: Harry Bloch,
Date: September 28, 2005
Time: 13:30 - 15:15
Location: Old Arts Theatre D
 

The Contributions from Firm Entry, Exit and Continuation to Labour Productivity Growth in New Zealand
By David Law and Nathan McLellan
 

Microeconomic reform and productivity - boom or blip
By Margaret McKenzie
 

Sources of Productivity Growth in Australian Textile and Clothing Firms
By IKM Mokhtarul Wadud
 

Productivity and Efficiency Analysis of Australia Banking Sector under Deregulation
By Su Wu

Session 63: Child health and education in developing countries

Session Chair: Pushkar Maitra, Monash University
Date: September 28, 2005
Time: 13:30 - 15:15
Location: Old Arts Theatre E
 

Is the Relationship between Socioeconomic Status and Health Stronger for Older Children in Developing Countries?
By Lisa Cameron and Jenny Williams
 

Mother's Status and Child Nutritional Outcomes: Evidence from Rural Nepal
By Diane Dancer and Anu Rammohan
 

Son preference meets technology
By Louise Grogan
 

Schooling and Educational Attainment of South African Children
By Katy Cornwell, Brett Inder, Pushkar Maitra and Anu Rammohan

Session 64: Industrial Organisation

Session Chair: Rhonda Smith, University of Melbourne
Date: September 28, 2005
Time: 13:30 - 15:15
Location: Old Arts Theatre B
 

Can Budget Constraints Reduce Managers' Information Rents?
By Xiangkang Yin
 

Competition and Growth in Virtual Markets
By Gary Madden, Truong P Truong, Michael Schipp
 

Measuring Market Power in a Dynamic Oligopoly Model: An Empirical Analysis
By Donghun KIM
 

Learning-by-Doing as a Source of Cyclical Markup Variation
By Andrew Clarke, Alok Johri

Session 65: Economic analysis

Date: September 28, 2005
Time: 13:30 - 15:15
Location: Commerce Theatre 2
 

Incorporating Rigidity in Games: A Theory of Convergence to Low Inflation
By Jan Libich
 

Computing the Distributions of Economic Models
By John Stachurski
 

Solving Models with Saddle-path Instabilities as Model Complexity Increases
By Ric D. Herbert and Peter J. Stemp

Session 66: Health Economics

Session Chair: Elizabeth Webster, public
Date: September 28, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre B
 

Insurance and Monopoly Power in a Mixed Private / Public Hospital System
By Donald J Wright
 

Changes in mental health inequality: Some time series evidence for Australia
By D.P. Doessel and Ruth F.G. Williams
 

The Income Distributive Implications of Recent Private Health Insurance Policies in Australia
By Jongsay Yong, Alfons Palangkaraya, Elizabeth Webster, and Peter Dawkins

Session 67: Affirmative action, Harassment

Session Chair: Jenny Williams, public
Date: September 28, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre E
 

Does a Temporary Affirmative Action Program have a Permanent Affect?
By Paul Carlin & Michael Kidd
 

Racial and Ethnic Harassment in Local Communities
By Heather Antecol and Deborah A. Cobb-Clark
 

Do Women in Top Management Affect Firm Performance
By Nina Smith, Valdemar Smith, Mette Verner

Session 68: Development Macroeconomics

Session Chair: K Shields, University of Melbourne
Date: September 28, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre A
 

Post-crisis Monetary and Exchange Rate Policies in Indonesia, Malaysia and Thailand
By George Fane
 

Asymmetries in the Effects of Monetary Policy: The Case of South Africa
By David Fielding and Kalvinder Shields

Session 69: Labour economics

Session Chair: Mehmet Ulubasoglu, Deakin University
Date: September 28, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre D
 

Career Progression, Human Capital and Pay Equity in Australian Public Sector Labour Markets
By Chris Doucouliagos, Phillip Hone and Mehmet Ulubasoglu
 

Occupational Choice: A Simultaneous Supply and Demand Approach
By Sarah Brown, Tim R.L. Fry and Mark N. Harris
 

The happiness of young Australians: empirical evidence on the role of labour market experience
By A. M. Dockery

Session 70: International trade

Session Chair: Donald MacLaren,
Date: September 28, 2005
Time: 15:45 - 17:15
Location: Old Arts Theatre C
 

Shaking All Over? International Trade and Industrial Dynamics
By Phillip McCalman and Josh Ederington
 

Leontief paradox and the role of factor intensity measurement
By Yun-kwong Kwok, Eden S. H. Yu
 

Trade Responses to Geographic Frictions: A Decomposition Using Micro-Data
By Russell Hillberry and David Hummels

Session 71: Human resources

Session Chair: John Creedy,
Date: September 28, 2005
Time: 15:45 - 17:15
Location: Commerce Theatre 1
 

Making A Difference
By Patrick Francois
 

Delegation of decision making, competition and business strategy
By Kieron Meagher and Andrew Wait
 

Why Do Social Skills Matter
By Suren Basov

Session 72: Foreign direct investment

Session Chair: Sisira Jayasuriya, University of Melbourne
Date: September 28, 2005
Time: 15:45 - 17:15
Location: Commerce Theatre 2
 

Does foreign direct investment crowd out domestic investment in China? A time series analysis
By Sumei Tang
 

Why do developed countries receive a larger share of cross-border M&A inflows than developing countries?
By Jung Hur, Rasyad A. Parinduri, Yohanes E. Riyanto
 

Does exchange rate volatility really affect Foreign Direct Investment in OECD countries?
By Alexandre Jeanneret