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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.

Fresh thinking: the carbon tax that would leave households better off

Nov 26, 2018 17:08 pm UTC| Insights & Views Economy

Today, as part of the UNSW Grand Challenge on Inequality, we release a study entitled A Climate Dividend for Australians that offers a practical solution to the twin problems of climate change and energy...

The best way to boost the economy is the best way to improve the lives of disadvantaged students

Oct 29, 2018 19:41 pm UTC| Insights & Views Economy

What if we had an opportunity to double the size of the tourism industry, or to quadruple the size of the beef industry, or to boost the economy by more than any of the presently proposed tax switches? What if we could...

Vital Signs: Australia's 5% jobless rate is not full employment; pushing up interest rates would be wrong

Oct 28, 2018 13:14 pm UTC| Insights & Views Economy

According to ABS figures released last week, the unemployment rate in Australia has fallen to 5%. This isnt as low as the 3.7% level in the United States, but by historical standards it is low for us. We need to go back...

The housing market might deflate, but it might pop. Here's how

Oct 20, 2018 06:05 am UTC| Insights & Views Real Estate

There are two things that can happen to an asset price bubble. It can burst dramatically, or deflate slowly. Which brings us to the Australian housing market. Prices in Sydney and Melbourne continue to decline at a...

For all its worth, the banking royal commission could hurt a generation of battlers

Sep 28, 2018 08:06 am UTC| Insights & Views Economy

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is set to deliver its interim report no later than September 30. There have already been plenty of consequences for...

The GFC and me. Ten years on, what have we learned?

Sep 24, 2018 07:55 am UTC| Insights & Views Economy

A little more than a decade on from the the collapse of Lehman Brothers, the largest bankruptcy in history, many of the worlds advanced economies are only now beginning to recover fully. I was on the faculty at the...

Central Banking Series

When cutting interest rates might not help

Sep 13, 2018 21:56 pm UTC| Insights & Views Economy Central Banks

Theres a meme around official interest rates since the financial crisis, and it goes like this. Central banks have already cut them to nearly zero (or actually zero) but advanced economies are still languishing. Therefore...

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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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