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Author's Name: Markus Brueckner
Date: Tue 04 May 2021

Markus Brueckner

Professor Markus Brueckner

Markus Brueckner is Professor in the Research School of Economics of the Australian National University. He is an Australian Research Council Future Fellow. In 2020 he received the Young Economist Award from the Economic Society of Australia.

Markus has broad research interests in macroeconomics. His primary research field is economic growth and development; secondary research fields are international economics and political economy. Markus has published widely in leading international journals and regularly acts as a referee in the peer review process of these journals. Markus's endeavor is to conduct research that provides a bridge between academics and policy makers; combines empirical analysis with theory; and stimulates the interests of a broad audience of students in Economics.

Through his publications, Markus has made a significant impact on the profession. In REPEC he has been consistently ranked among the top 5 authors worldwide in the 2010 PhD cohort during the past 5 years. His publications have been referenced in all of the leading journals of his fields, as well as all of the leading general interest journals, including American Economic Review, Econometrica, Journal of Political Economy, Quarterly Journal of Economics, and Review of Economic Studies.

Markus has been engaged in numerous consulting projects for the International Monetary Fund and the World Bank. He has advised these institutions on a wide range of issues relating to economic growth in developing economies. Markus provided advice on both general issues such as, what is the role of state ownership on the impact that natural resources have on economic growth; as well as country- and region-specific issues relating to economic growth in Latin America and the Carribean, the Russian Federation, Middle East and North Africa, East Africa, and South-East Asia.

Markus has also been engaged with Australia's Commonwealth Departments. He was a Macroeconomic Advisor in the Macroeconomic Modelling and Policy Division of the Australian Treasury. As a member of a team put together by the Australian Department of Foreign Affairs and Trade in a joint project with the IMF, he gave lectures on the macroeconomic management of natural resources at the Africa Training Institute in Mauritius.

 


Responses (8)


Top Economists see no prolonged high inflation, no rate hike next year (Q4)

Poll 51

Our panellists were asked whether rate hikes would be necessitated in the United States, Britain and Australia.

Despite appearances – especially in the United States – the era of high inflation isn’t set for a comeback in the view of Australia’s leading economists, and most see no need for the Reserve Bank to lift interest rates next year.

Question 4

"Following the next Federal election, the incoming Federal Government should commission an independent Review of the Reserve Bank of Australia."

Photo credit "Wes Mountain/The Conversation, CC BY-ND"

 

Agree


Top Economists see no prolonged high inflation, no rate hike next year (Q3)

Poll 51

Our panellists were asked whether rate hikes would be necessitated in the United States, Britain and Australia.

Despite appearances – especially in the United States – the era of high inflation isn’t set for a comeback in the view of Australia’s leading economists, and most see no need for the Reserve Bank to lift interest rates next year.

Question 3 

"The Reserve Bank has, over the past 5 years, effectively used the tools available to it to achieve its goals of "maintaining the stability of the currency, ensuring full employment and furthering the 'economic prosperity and welfare of the people of Australia'."

Photo credit "Wes Mountain/The Conversation, CC BY-ND"

 

Agree

10


Top Economists see no prolonged high inflation, no rate hike next year (Q2)

Poll 51

Our panellists were asked whether rate hikes would be necessitated in the United States, Britain and Australia.

Despite appearances – especially in the United States – the era of high inflation isn’t set for a comeback in the view of Australia’s leading economists, and most see no need for the Reserve Bank to lift interest rates next year.

Question 2

"When do you expect the Reserve Bank of Australia to next lift its cash rate?"

Photo credit "Wes Mountain/The Conversation, CC BY-ND"

 

.

5

2022


Top Economists see no prolonged high inflation, no rate hike next year (Q1)

Poll 51

Our panellists were asked whether rate hikes would be necessitated in the United States, Britain and Australia.

Despite appearances – especially in the United States – the era of high inflation isn’t set for a comeback in the view of Australia’s leading economists, and most see no need for the Reserve Bank to lift interest rates next year.

Question 1

"The current combination of Australian fiscal and monetary policy poses a serious risk of prolonged above-target inflation."

Photo credit "Wes Mountain/The Conversation, CC BY-ND"

 

Agree

5


Australia’s top economists back carbon price, say benefits of net-zero outweigh cost

Poll 50

Ahead of November’s Glasgow climate talks, our panellists were asked

"Australia would likely benefit overall from the national economy transitioning to net-zero emissions by 2050"

Photo credit "Wes Mountain/The Conversation, CC BY-ND"

 

An economy-wide carbon price (either via a cap-and-trade scheme or an emissions tax)

Agree


Promoting vaccination uptake in Australia

Poll 49

"What measures should Australian governments adopt to promote demand for vaccination once supply is no longer a constraint?"

Photo credit "Wes Mountain/The Conversation, CC BY-ND"

 

Mandatory vaccination for higher risk occupations;Cash incentives for vaccination;Vaccine passports for higher-risk settings (eg. flights, restaurants, major events);National advertising campaigns


Policies to deliver higher wage growth

Poll 48

Our panellists were asked

"Higher wages growth is now a top priority of the RBA in its efforts to sustain stronger economic growth. Please identify the three of these government policies you think would best help deliver higher wages growth".  

Photo credit "Wes Mountain/The Conversation, CC BY-ND"

 

.

Measures to boost productivity growth;Measures to boost business investment;Cutting taxes in order t


The Federal Budget May 2021

Poll 46

"On May 11, the government delivered a budget designed, in the Treasurer's words, to 'secure Australia's economic recovery and build for the future'.  What grade would you give the budget given that objective, A, B, C, D, E, F?"

Photo credit Wes Mountain/The Conversation, CC BY-ND

 

.

A