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Budget implications of a crisis: some policy lessons going forward

Recording: Budget implications of a crisis: some policy lessons going forward

What has our experience with COVID-19 taught us about the best ways for government to respond to future crises? How can budget policy best respond? Are some types of interventions a lot more cost-effective than others? What policies could we prepare to quickly roll out to respond to a future crisis (even if we don’t yet know what that crisis will be)? Can we prepare for any differential effects of a crisis on each gender? What steps do we need to take (such as new types of data collection) in order to respond quickly and affordably to a crisis? 

The presentations was be based on the following papers:

- Bob Breunig and Tristram Sainsbury: Too Much of A good Thing? Australian Cash Transfer Replacement Rates During the Pandemic
- Leonora Risse: The Economic Impacts of the COVID-19 Pandemic in Australia: A Closer Look at Gender Gaps in Employment, Earnings and Education
- Timothy Watson: Australian Government Covid-19 Business Supports
- Jeff Borland: Policy Forum Overview : JobKeeper: An Initial Assessment

Panel of Speakers

Robert Breunig is the Director of the Tax and Transfer Policy Institute at the Crawford School of Public Policy at ANU. He is well-known for his extensive empirical research on important policy-related issues in Australia, including the impacts of tax and transfer policies, firm dynamics and productivity, labour supply, and immigration, where he has also been a leader in applying new administrative data sources.
Tristram Sainsbury is studying a PhD in economics at the Australian National University. His research focus is on evaluating major Australian COVID-19 fiscal support measures targeted at individuals. The study is supported by a Sir Roland Wilson PhD Scholarship.
Dr Leonora Risse is an economist who specialises in gender equality. She is a Senior Lecturer in Economics at RMIT University and a Research Fellow with the Women’s Leadership Institute Australia. She has been a Research Fellow with the Women and Public Policy Program at the Kennedy School of Government at Harvard University, a Senior Research Economist with the Productivity Commission, and National Chair of the Women in Economics Network. Leonora holds a PhD in Economics from the University of Queensland and has recently been appointed as an Expert Panel Member on gender pay equity for the Fair Work Commission. 
Tim Watson is a Sir Roland Wilson Scholar at the Crawford School of Public Policy and Centre for Applied Macroeconomic Analysis at the Australian National University. His PhD research focused on the employment effects of fiscal policy during the GFC and COVID-19 pandemic. Tim is currently a Senior Adviser to the NDIS Review, with extensive economic policy experience at the Department of the Prime Minister and Cabinet, Office for Women, Commonwealth Treasury, and the Victorian Department of Treasury and Finance.
Jeff Borland is Truby Williams Professor of Economics at University of Melbourne. His main research interests are operation of the Australian labour market, policy and program design and evaluation and Australian economic history.

Recorded May 31 2023.


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