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Richard Holden

Richard Holden

Professor of Economics and PLuS Alliance Fellow, UNSW

Richard Holden is Professor of Economics at the UNSW Australia Business School and an Australian Research Council Future Fellow from 2013-2017.

Prior to that he was on the faculty at the University of Chicago and the Massachusetts Institute of Technology. He received a PhD from Harvard University in 2006, where he was a Frank Knox Scholar.

His research focuses on contract theory, law and economics, and political economy. He has written on topics including: political districting, the boundary of the firm, incentives in organizations, mechanism design, and voting rules.

Professor Holden has published in top general interest journals such as the American Economic Review and the Quarterly Journal of Economics.

He is currently editor of the Journal of Law and Economics, and is the founding director of the Herbert Smith Freehills Inititative on Law & Economics at UNSW.

He has been a Visiting Professor of Economics at the MIT Department of Economics and Visiting Professor of Law at the University of Chicago Law School.

His research has been featured in press articles in such outlets as: The New York Times, The Financial Times, the New Republic, and the Daily Kos.

Australia's sudden ultra-low economic growth ought not to have come as surprise

Mar 09, 2019 06:09 am UTC| Insights & Views

Australias big little economic lie was laid bare on Wednesday. National accounts figures show that the Australian economy grew by just 0.2% in the last quarter of 2018. This disappointing result was below market...

Vital Signs. Do deficits matter any more?

Mar 01, 2019 13:46 pm UTC| Insights & Views Economy

It seems that whoever wins the White House in 2020, the US federal deficit will blow up. President Donald Trump has already signed into law massive tax cuts that are estimated to expand the deficit by at least US$1.5...

Now is the time to plan how to fight the next recession

Feb 26, 2019 14:43 pm UTC| Insights & Views Economy

This is part of a major series called Advancing Australia, in which leading academics examine the key issues facing Australia in the lead-up to the 2019 federal election and beyond. Read the other pieces in the series...

If needed, this man can and will cut rates during the election campaign

Feb 08, 2019 11:52 am UTC| Insights & Views Politics

It was a great story. Philip Lowe had taken over as Reserve Bank governor after 25 years of uninterrupted economic growth. The Australian economy was transitioning nicely away from the countrys biggest-ever mining boom....

Vital Signs: the power of not being too clear

Jan 19, 2019 09:03 am UTC| Insights & Views Business

Incentives, in one form or other, are central to our lives. The Soviet experiment ended in December 1991 because it turned out that when people got paid the same whether they worked hard or slacked off, most people...

Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirection

Dec 15, 2018 17:34 pm UTC| Insights & Views Economy

Anyone who has been to La Guardia airport in New York can attest the dire need in the United States for infrastructure spending. Its not just crumbling bridges, pot-holed roads and lousy airports that provide the...

Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Dec 08, 2018 17:32 pm UTC| Insights & Views Economy

If a week is a long time in politics, then 35 years must be an eternity. 35 years ago, on Monday December 12, 1983, the Hawke-Keating government announced the Australian dollar would be floated. That is, the prices...

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Economy

UK gilts jump despite encouraging labour market, jobless rate stays at 45-year low

The United Kingdoms jumped during European trading hours Tuesday even as the countrys labour market remained solid and promising, with the unemployment rate remaining at a 45-year low. The yield on the benchmark 10-year...

German bunds surge after February ZEW economic sentiment disappoints investors

The German bunds surged during afternoon session Tuesday after the countrys ZEW economic sentiment for the month of February, released today, disappointed market sentiments, while the index for current conditions worsened...

USD/ZAR likely to settle above 15.00 on a sustainable basis, says Commerzbank

The USD/ZAR currency pair is expected to settle above 15.00 on a sustainable basis, according to the latest research report from Commerzbank. The impression arises that the last hopes in the rand are slowly being dashed...

Australia ANZ-Roy Morgan consumer confidence gains 1.2 pct last week

Australias ANZ-Roy Morgan consumer confidence gained 1.2 percent last week, more than reversing last weeks loss and continuing the recent sawtooth pattern. The gains have been a little more than the losses, so the index...

PBoC to maintain prudent monetary policy but with flexibility to ensure reasonably adequate liquidity, says Scotiabank

The Peoples Bank of China (PBoC) is expected to maintain a prudent monetary policy but with flexibility this year to ensure reasonably adequate liquidity, according to the latest research report from Scotiabank. China...

Politics

Donald Trump reportedly claims losing the 2020 election means rigged votes

President Donald Trump is currently campaigning for reelection this November. Despite constantly denying that the 2016 election results were rigged, he appears to be prepared to make the same accusation come election...

Melania Trump mocked on social media for making a typo error

First Lady Melania Trump has always claimed that she is intelligent, given the number of languages she supposedly speaks. Recently, the First Lady suffered a little mishap on social media that got her mocked by the...

Pastor says Americans are saved from coronavirus because Donald Trump sides with life in the womb

The coronavirus continues to wreak havoc within China and other countries ever since the outbreak a few months back. One religious leader claims that the Americans are saved from the virus because of President Donald...

Melania Trump reportedly does not have many friends and that’s ‘by design’

One might assume that Melania Trump has many friends surrounding her, given her status. However, an East Wing correspondent claimed that the first lady actually has very few of them. Melania Trump: Having a few friends...

Science

Aliens: Scientists plan exploring other Earth-like planets in search of alien life

Space agencies all over the world continue to explore what lies beyond Earth and into the cosmos. Now, a group of scientists claims that alien life forms may exist in other exoplanets similar to that of Earth. Over the...

Asteroids: Rock traveling 48,400 mph heading towards Earth, says NASA

Another asteroid is apparently on its way towards Earth as space agency NASAs asteroid trackers have caught sight of the rock. A new report reveals how fast the asteroid is going, and whether or not it would actually...

Aliens: Extra-terrestrial hunter organization makes their data available to the public

For decades, various organizations and agencies, both public and private, have been on the search for signs of extra-terrestrials or life beyond Earth. One ET hunting organization, in particular, is asking the public for...

The ice melt in Antarctica 129,000 years ago caused a drastic increase in sea levels

Climate change is an issue that many are bringing to light and urging influential figures to make a change in the process, with activists like Greta Thunberg headlining the movement. Looking back at the cause of an extreme...

Technology

‘The Sims 5’ could be announced in 2020 with a 2021 release date

The Sims marks its 20th anniversary this year of dominating the life simulation video game subgenre. Fans are now hoping that developer Maxis and publisher EA would celebrate the milestone by providing updates on The Sims...

Sony Xperia 2 specs and features: Sony’s next flagship rumored to have same back camera package as the Samsung S20

The Sony Xperia 2 release date was rumored to be announced at the now-canceled Mobile World Congress in Barcelona. While the event did not push through due to the novel coronavirus, details about Sonys upcoming flagship...

‘League of Legends’ patch 10.4 release date: Some champions will be nerfed while others buffed

The League of Legends patch 10.4 release date will be arriving in a few days. Meanwhile, here are some of the changes that the patch would bring to the game. The League of Legends patch 10.4 will bring a host of changes...

Nintendo Switch games 2020: ‘Axiom Verge 2,’ ‘Gods & Monsters,’ ‘Animal Crossing: New Horizons’ set to arrive to the console this year

Nintendo console gamers have a lot to look forward to this year. Here are some of the exciting titles that will be making their way to the Switch console. Pokémon Mystery Dungeon: Rescue Team DX Pokémon...
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