The Monash Business School podcast Thought Capital has featured a number of staff and their research in conversation with host Michael Pascoe.
The very first episode featured Lata Gangadharan’s research on opting out. Yves Zenou discussed crime and networks in episode six and Paul Raschky talked about his work on economic behaviour and very large data sets. You can find Thought Capital wherever you listen to podcasts or on the website if you want to catch up on any of the episodes.
Asad Islam’s research was featured in an article in the Financial Express “Helping poor children through free private tutoring”.
His research on “Tackling the issue of parental gender bias” was reported on in Impact.
Ranjan Raj has recently published his book “Household Behaviour, Prices, and Welfare A Collection of Essays Including Selected Empirical Studies” published by Springer. It is the first book in the new Springer series, Themes in Economics: Theory, Empirics and Policy.
There was an Impact piece written on the book.
We finished off the year with the Christmas lunch on 5 December at Riva in St Kilda. Seems like everyone had a great time!
Left to right: Solmaz Moslehi, Ayushi Bajaj, Claudio Labanca, Isaac Gross , Arthur Campbell, Lisa Kahn, Michelle Petersen Rendall and Yves Zenou.
The politics of coal - cheap, dirty and difficult to replace?
Dr Mark Thurber, the Associate Director at the Program on Energy and Sustainable Development at Stanford University, discussed policy barriers to major shifts away from coal in a public lecture at the Monash Business School on 21 November, organised by Gordon Leslie. The talk (that was also supported by the Monash Energy Materials and Systems Institute) generated a lot of discussion from the 70+ attendees and Dr Thurber was subsequently asked to join ABC 774 Drive’s Raf Epstein to discuss the significance of coal today and going forward in Australia.
Dr Thurber began by demonstrating that as it stands, coal is cheap, abundant and polluting. Coal is still the dominant energy source around the world, and any path forward that uses less coal must establish the correct set of incentives to decrease the attractiveness of coal or raise the attractiveness of other energy sources. Dr Thurber outlined the major political and technological barriers faced by numerous potential policy paths that transition to a cleaner energy supply.
Visit to Sunway campus in Malaysia
Vinod Mishra and Gennadi Kazakevitch visited Monash Sunway campus in Malaysia for a week in October. During their visit, they had meetings with the department of economics staff members on education-related matters. The attached picture was taken on the roof of the newly renovated library in Sunway campus (with a garden on the roof).
The 2018 department research retreat was held on Friday 16 November at the Pavilion, Building H, Caulfield campus, organised by Zhijun Chen. More than 40 academic staff attended the event which is a platform for department staff to discuss research related issues and topics. Based on the feedback from last year, we proposed the self-organising parallel sessions for presentations with flexibility in formats. The session organisers could choose four different types of formats: presentation with discussion, presentation without discussion, brainstorm discussion, and a mix of any of the above. This flexibility helped meet the diversified requests from participants. Besides, it also encouraged participants to communicate and coordinate to form joint research programs with common interests.
We offered two plenary sessions. The first session in the morning was focused on the research impact, and the second one in the afternoon was focused on the strategic reviews on research and HDR programs. These plenary sessions provided a very good platform for further debate and discussion.
Indigenous wellbeing workshop
The Workshop on Indigenous Wellbeing was hosted by the Centre for Development Economics and Sustainability in mid-October. It featured a number of researchers from around Australia in economics, health, law and indigenous studies. The aim of the inter disciplinary workshop was to exchange ideas and explore the scope for formulating a research program aimed at contributing new insights to the conversation on Indigenous welfare in Australia.
Some of the participants included Mr Ian Trust (Executive Director, Wunan Foundation), Professor Leonie Segal (University of South Australia), Associate Professor Stefanie Schurer (University of Sydney), Dr Ankita Mishra and Dr Leonora Risse (RMIT), Professor Ranjan Ray (Monash University) and Dr Stephen Gray from the Castan Centre for Human Rights Law (Monash University).
Ranjan Ray represented the Economics Department as an invited discussant at the PhD conference this year held at UNSW in Sydney. 31 October to 2 November 2018.
Yves Zenou presented the paper “Social norms in networks” at the University of Adelaide on 5 November and the paper “Social media and networks” to the Asian-Pacific Industrial Organisation Society Annual Conference in Melbourne on 14 December.
Congratulations to Giovanni Caggiano for his ARC Discovery Projects grant of $348,500 for his project “Uncertainty, financial frictions, and the Australian business cycle”, with Professor Efrem Castelnuovo and Dr Michele Modugno. The project aims to investigate the macroeconomic consequences of disruptions in financial markets and heightened uncertainty about the future. It expects to provide policymakers with tools to design effective policies to counteract the effects of heightened uncertainty and financial disruptions.
Erte Xiao has also been named as Chief Investigator on a successful ARC Discovery project of $220,000 on “Governing the knowledge of commons” at Monash university Faculty of Arts. Congratulations!
Other successful grant recipients from Monash Business School were Dr Sonja Kassenboehmer from the Centre for Health economics for her project on “Economic stress, non-cognitive skill development and life outcomes”. Dr Silvio Contessi from the Department of Finance for a project concerning “Gross credit flows, credit reallocation and the macroeconomy”. Carolyn Southerland’s team of researchers from Business, Law and Taxation for their project on the regulation of labour disputes in Southeast Asia.
Finally, Dr Tatushi Oka from the Department of Econometrics and Business Statistics for a project on “Econometric methods for distributional effects.” A very successful outcome for the Business school. Well done everybody!
Sau-Him Paul Lau (University of Hong Kong) visited the Department from 11 October to 20 October. Paul is currently Professor of Economics at the University of Hong Kong. His main research fields are the Economics of Population Aging, Economic Growth and Macroeconomics, Experimental Economics and Applied Game Theory. During his visit, he worked with Vai-Lam Mui on their joint research and gave a Macro/Trade seminar on 15 October.
Tim Cason (Purdue University) visited the Department from 29 October to 10 November. Tim is currently Distinguished Professor and Robert and Susan Gadomski Chair in Economics at Purdue University. His main research interests are in Experimental Economics, Industrial Organisation, Environmental Economics and Public Economics. During his visit, he worked with Lata Gangadharan, Phil Grossman and Vai-Lam Mui on various joint projects, and gave a BET seminar on 9 November.
Huanren (Warren) Zhang (University of Southern Denmark) visited the Department from 14 November to 28 November. Warren is currently Assistant Professor of Economics at the University of Southern Denmark. His main research fields are in Behavioural/Experimental Economics, Game Theory and Computational Economics. During his visit, he worked with Vai-Lam Mui on their joint research and gave a BET seminar on 26 November.
Thought Capital, the Monash Business School podcast has launched. It features researchers from across the Business school in conversation about their work with renowned business journalist Michael Pascoe. You can listen to Thought Capital on iTunes and Stitcher.
Go in and subscribe now for more interesting episodes.
The first episode features Lata Gangadharan’s research on female leadership and Vice Chancellor Margaret Gardner’s experience in academia as a top female leader, a piece on the topic was featured in the Higher Ed section of The Australian.
Other media appearances
- Ross Booth was interviewed by Michael Genovese from 6PR Perth on fixturing/scheduling options for the AFL on the 14th of August.
- Lata Gangadharan’s work on irrational biases was featured in Impact: https://www2.monash.edu/impact/articles/can-behavioural-economics-help-stifle-our-irrational-biases/
- Ranjan Ray was featured in Telegraph India and The Wire.
If you have new research that you would like the Monash business School to write about and disseminate to a wider media audience please contact Impact editor Julie McBeth at Julie.McBeth@monash.edu
- The next department meeting is on Friday, 12 October 2018 at Caulfield. Venue to be advised closer to meeting date.
- There is a research retreat on Friday, 16 November 2018 at Caulfield, Building H, H801.
- Philip Grossman presented at the following conferences:
- Impact of Social Identity and Inequality on Antisocial Behaviour. International Political Science Association Conference, Brisbane, July 2018.
- Good News, Bad News and Giving: Impact of Recipient Characteristics. Economic Science Association World Conference, Berlin, June/July 2018.
- Good News, Bad News and Giving: Impact of Recipient Characteristics. WZB Workshop on Recent Advances in the Economics of Philanthropy, Berlin, June 2018.
- Gender, Beliefs and Coordination with Externalities. University of Bath, Bath, June 2018.
- Impact of Social Identity and Inequality on Antisocial Behaviour. Reading Experimental and Behavioural Economics Workshop, Reading, June 2018. Keynote.
- Mitra Battacharya’s paper “The effect of renewable energy consumption on economic growth: Evidence from top 38 countries" received the best paper award.
- This year’s John List lecture was held on Tuesday, 28 August 2018 at Caulfield. In this lecture he talked about “What we can learn from Uber? Three large-scale filed experiments on tipping, the gender pay gap and apologies”. The lecture was very popular with over 200 people attending. Read more on his research.
- The Melbourne Trade Workshop was co-hosted with Melbourne University at Caulfield on Tuesday, August 21 2018. The workshop featured local trade economists and two keynote speakers: Andrei Levchenko, Professor of Economics at the University of Michigan and Pascalis Raimondos, Professor of Economics at Queensland University of Technology. In attendance were 26 researchers from Monash, Melbourne University, Deakin University, RMIT, Queensland University of Technology and University of New South Wales.
- The Monash Macroeconomics workshop was held on the following day, on Wednesday, 22 August 2018, also at the Caulfield campus. It featured sessions on housing, fiscal policy, the labour market and uncertainty. Several researchers from Monash and Melbourne University presented papers and the key note speaker was again Andrei Levchenko from the University of Michigan. He presented a paper on “Price stickiness along the income distribution and the effects of monetary policy”.
- Between 25-29 June 2018, The Symposium on Social and Economic networks welcomed almost one hundred guests to Monash Business School. The first two days consisted of a twelve hour Summer school on the introduction to Networks. The lectures were given by Matt O. Jackson from Stanford University, Sanjeev Goyal from Cambridge University and Yves Zenou. The second half of the week hosted the symposium where 20 presentations of researchers on all topics in the broader theme of networks in economics was presented. The symposium welcomed almost seventy guests. “I was very happy with the outcome and I hope everyone who attended enjoyed it. Thank you so much to the team at Monash Business School who helped me organise everything. They did a great job!”, says Yves Zenou.
A huge congratulations to Andreas Leibbrandt who has been awarded with an ARC Future Fellowship.
The Future Fellowships scheme supports research in areas of critical national importance by giving outstanding researchers incentives to conduct their research in Australia. The aim of the Future Fellowships scheme is to attract and retain the best and brightest mid-career researchers.
- Dr. Khalid Ahmed from IBA University, Sukkur, Pakistan visited between 10-23 July. His visit was sponsored by the Higher Education Commission in Pakistan. Host staff member was Mita Bhattacharya. Mita and Khalid have initiated a project on “Disaggregated transport sector and industrial production in Pakistan: Problems and prospects.”
- Nicolas Carayol and Pascale Roux from the University of Bordeaux, France, have spent two months at Monash as visiting scholars. They were invited by Yves Zenou.
- The department hosted a visit from Professor Catherine Eckel of Texas A&M University. She gave two presentations to the department:
- A Brown Bag Lunch Seminar entitled “Asymmetric Information Undermines Coasian bargaining in Common (Oil) Pool Resources”.
- A Department Seminar entitled: “Gender Differences: What have we learned from 25 years of experimental research”.
- Visiting scholar Bruce Weinberg came to Monash for a week in July.
- Why did you come to Monash this time and how long did you stay?
I was at Monash for a week during a swing through Australia.
- Who invited you?
Christis Tombazos hosted me. Christis graduated from Ohio State, where I teach, around the time that I arrived at Ohio State.
- What did you do?
I spent a long week split between the Clayton and Caulfield campuses, seeing old friends and meeting exciting new people in Economics. I also presented a paper studying when in their careers researchers do their most important work.
- What did you think of your stay?
I had a wonderful stay, just like the last time I visited, and I look forward to coming back in the future!
- Why did you come to Monash this time and how long did you stay?
- Klaus Ackermann, Simon Angus and Paul Raschky’s work on internet observations during the Russian election was featured in Monash Impact. https://www2.monash.edu/impact/articles/observing-the-russian-election/
- The research by Luc Borrowman, Gennadi Kazakevitch and Alyssa Cameron
on housing stress and affordability was featured in a couple of videos by Monash Impact.
- Lata Gangadharan’s research on behavioural economics and irrational biases appeared in Monash Impact. https://www2.monash.edu/impact/articles/can-behavioural-economics-help-stifle-our-irrational-biases/
- Asad Islam’s work on new farming techniques and sustainability in Bangladesh was highlighted in Monash impact. https://www2.monash.edu/impact/articles/nice-rice-dishes-up-food-profits-and-sustainability/
- Ranjan Ray has had several articles on inequality and development featured in the media:
- Wire: https://thewire.in/economy/inequality-poverty-identity-politics
- The Telegraph: https://www.telegraphindia.com/opinion/basic-health-before-basic-income-230682.
- To be published in Ideas for India: Enhancing nutrition among the poor: UBI vs. welfare programmes forthcoming in http://www.ideasforindia.in/
- The work of Michelle Rendall on gender and the labour market has been featured in "VOX CEPR's Policy Portal”: https://voxeu.org/article/role-gender-employment-polarisation
- Yves Zenou was interviewed by the BBC about his work on networks and human behaviour. http://www.bbc.com/storyworks/future/masters-of-change/social-networks-and-human-behaviour?
If you have new research which you would like featured in Monash Impact and to a wider media audience please get in touch with Impact editor Julie McBeth Julie.McBeth@monash.edu.
- 5 July, 12.00pm - 1.30 pm: “Meet the researcher” at the new library on Caulfield campus. Klaus Ackermann and Paul Raschky will speak about their work with NASA satellites and the IP Observatory. Light refreshments will be served. Register.
- 3 August, 10:30am to 12:00pm: 3rd Dept Meeting for 2018 followed by lunch, at Greenview Room, Monash Sport, 42 Scenic Boulevard, Clayton campus.
- 21 August, 9.00am - 6.00pm: Melbourne Trade workshop H8.13 at the Caulfield campus.
(Organised by Laura Puzzello). Register.
- 25 - 29 June: Yves Zenou organised a summer school and symposium on social and economic networks. Read more.
- 21 - 22 June: The Monash Early Career Conference took place at the Caulfield campus. The program featured 16 early career economists with an affiliation to our region (e.g. completed honours at an Australian university) and 16 discussants from Monash. This was an excellent opportunity for us to see some of their research and get to know them. Also, one of the primary aims of the conference was to promote Monash amongst a set of people who we may wish to attract to the university in the future.
- 19 - 20 April: The 2018 Monash Workshop on Industrial Organisation was organised by Zhijun Chen. The workshop brought together the cut-edge research topics in IO by leading economists from Australia and abroad. The workshop included 14 presentations. Eight external speakers took part including several leading IO economists Patrick Rey, Simon Anderson, Julian Wright, and Claudio Mezzetti. Monash contributed four presentations, including Arthur Campbell, Matt Leister, Chongwoo Choe, and Chengsi Wang. University of Melbourne speakers David Byrne and Nisvan Erkal also participated.
- Asad Islam (lead PI) from DFID (UK) on "Training, financing, and matching between workers and firms: Evidence from Bangladesh". Amount: $410k for 2018-21
- Paul Raschky, Klaus Ackermann, Simon Angus have been awarded the AWS Cloud Credits for Research, Amazon.com (2018) ( Ackermann, K., Angus, S., Raschky, P.A.)