Monthly Archives: June 2009

The Age of Innovation

For not-so-surprising reasons, I’ve been thinking lately about lifecycles. My AFR op-ed today (partially written with a newborn babe in the crook of my arm) is on age and creativity. Full text over the fold.

Posted in Labour Economics | 8 Comments


My second son (Theodore) entered the world on Friday: 3.6kg and a beautiful button nose. I may be a little less regular in posting this week.

Posted in Uncategorized | 13 Comments

Educational Catchup Downunder

A wonderfully ambitious paper just published in the new Journal of Human Capital combines school enrollment data and demographic tables to estimate educational attainment rates for 74 countries over the period 1870-2010. Here’s the abstract. The Century of Education (published … Continue reading

Posted in Economics of Education, Inequality | 3 Comments

Tax Online

Ken Henry’s tax review held a conference in Melbourne last week. If (like me), you weren’t able to get there, you’ll be glad to see that PDFs of all the papers and powerpoints are now online. Auerbach and Slemrod’s contributions … Continue reading

Posted in Uncategorized | 1 Comment

Unified but Unequal

Christian Dustmann, Johannes Ludsteck, and Uta Schoenberg have a new paper out in the Quarterly Journal of Economics, dismissing the notion that Germany has stayed pretty equal over recent decades. Here’s their abstract and the key picture: Revisiting the German … Continue reading

Posted in Inequality

Understanding the GFC

For anyone wanting a brief rundown on why the Global Financial Crisis happened, I can highly recommend this speech to the Sydney Institute by David Gruen, head of the macro division of the Australian Treasury. David has 13 causes of … Continue reading

Posted in Macroeconomics | 5 Comments

How much should bus tickets cost?

Thinking about optimal public transport subsidies is a tricky business, since there are so many factors to be taken into account. Trains and buses are less polluting and cause less congestion, but they’re also slower and less direct. But according … Continue reading

Posted in Urban Economics | 2 Comments