UNSW: The University of New South Wales - Sydney Australia - News

13 December 2006

Leading economists and policy makers will discuss house prices in Australia at a conference hosted by UNSW's Faculty of Business this week.

Dr Tony Richards, the head of Economic Analysis at the Reserve Bank of Australia (RBA) will present recent RBA research, while Keith Woolford from the Australian Bureau of Statistics will speak about owner-occupied housing. Statisticians from New Zealand and the Netherlands, along with academics from around Australia, will also present research on trends in house prices during one session of the three-day conference.

Highlights of the conference include the opening address by one of the world’s pre-eminent national accounts statisticians, the economist Dr Dennis Fixler, from the Bureau of Economic Analysis in the United States, who will speak about how to measure the output of banking services, and a presentation from the foremost academic expert in the field of economic measurement, Professor Erwin Diewert from the University of British Columbia, who will suggest how to consistently measure productivity growth at industry and national levels.

Other research includes:

Alternative measures of Labour Underutilisation – Carmit Schwartz and Kevin Fox, UNSW. The authors argue that we need alternative ways to measure unemployment to appropriately take into account the degree to which societies resources are underutilised. The research indicates that if the figures were weighted according to the education and experience of people who are looking for work, Australia would have a comparatively low unemployment rate to the conventional numbers that are currently used. (Wednesday 13th December)
Extracting the Cycle Component from Australian Multi-Factor Productivity – Lewis Conn, The Australian Bureau of Statistics. This paper looks at the trends in Australia’s productivity growth. (Wednesday 13th December)
Estimates of Industry Level Multifactor Productivity in Australia: Measurement initiatives and issues – Ian Bobbin, The Australian Bureau of Statistics. This paper looks at productivity, according to the latest ABS figures. (Wednesday 13th December)
Services productivity growth in Australia, Europe and the US – Robert Inklaar, The University of Groningen (Wednesday 13th December)

What: Economic Measurement Group Workshop ’06: Productivity, Prices and House Prices
When: Wednesday 13th – Friday 15th December, 2006
Where: Coogee Bay Hotel Conference and Function Centre (Cnr Coogee Bay Rd and Arden St, Coogee)

For more information, go to the Centre for Applied Economic Research (CAER) website. The conference is organised by the CAER and supported by the Australian Bureau of Statistics, Statistics Netherlands and the Australian Research Council. Media wishing to attend the conference should contact Susi Hamilton, UNSW media unit, 9385 1583 or 0422 934 024.

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	MEDIA, NEWS & EVENTS House prices under the hammer 13 December 2006 Leading economists and policy makers will discuss house prices in Australia at a conference hosted by UNSW's Faculty of Business this week. Dr Tony Richards, the head of Economic Analysis at the Reserve Bank of Australia (RBA) will present recent RBA research, while Keith Woolford from the Australian Bureau of Statistics will speak about owner-occupied housing. Statisticians from New Zealand and the Netherlands, along with academics from around Australia, will also present research on trends in house prices during one session of the three-day conference. Highlights of the conference include the opening address by one of the world’s pre-eminent national accounts statisticians, the economist Dr Dennis Fixler, from the Bureau of Economic Analysis in the United States, who will speak about how to measure the output of banking services, and a presentation from the foremost academic expert in the field of economic measurement, Professor Erwin Diewert from the University of British Columbia, who will suggest how to consistently measure productivity growth at industry and national levels. Other research includes: Alternative measures of Labour Underutilisation – Carmit Schwartz and Kevin Fox, UNSW. The authors argue that we need alternative ways to measure unemployment to appropriately take into account the degree to which societies resources are underutilised. The research indicates that if the figures were weighted according to the education and experience of people who are looking for work, Australia would have a comparatively low unemployment rate to the conventional numbers that are currently used. (Wednesday 13th December) Extracting the Cycle Component from Australian Multi-Factor Productivity – Lewis Conn, The Australian Bureau of Statistics. This paper looks at the trends in Australia’s productivity growth. (Wednesday 13th December) Estimates of Industry Level Multifactor Productivity in Australia: Measurement initiatives and issues – Ian Bobbin, The Australian Bureau of Statistics. This paper looks at productivity, according to the latest ABS figures. (Wednesday 13th December) Services productivity growth in Australia, Europe and the US – Robert Inklaar, The University of Groningen (Wednesday 13th December) What: Economic Measurement Group Workshop ’06: Productivity, Prices and House Prices When: Wednesday 13th – Friday 15th December, 2006 Where: Coogee Bay Hotel Conference and Function Centre (Cnr Coogee Bay Rd and Arden St, Coogee) For more information, go to the Centre for Applied Economic Research (CAER) website. The conference is organised by the CAER and supported by the Australian Bureau of Statistics, Statistics Netherlands and the Australian Research Council. Media wishing to attend the conference should contact Susi Hamilton, UNSW media unit, 9385 1583 or 0422 934 024.
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House prices under the hammer