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Economics - Research Publications
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ItemSecondary School Fee Inflation: An Analysis of Private High Schools in Victoria, AustraliaHirschberg, J ; Lye, J (Carfax Publishing Ltd., 2017)The recent growth in privately administered secondary education in many developed countries has been a widely observed phenomenon. The Australian private secondary school sector has grown faster than those in any other OECD nation, even though the average tuition fees charged by these schools have increased at double the nation’s overall rate of inflation. In this paper, we employ a panel data set to estimate a set of hedonic price indices for private secondary schools that cater to different segments of the population in order to determine if and how changes in their characteristics influence the changes in fees.
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ItemThe influence of student experiences on post-graduation surveysHirschberg, J ; Lye, J (ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD, 2016-02-17)This study attempts to establish the extent to which in-class teaching quality instruments can be used to predict post-graduation survey results. It examines the responses for the Good Teaching Scale of the Course Experience Questionnaire administered to 10,433 students who completed their studies at a major Australian tertiary institution from 2003 to 2005 using a unique data-set that matched student records and measures of class characteristics to the individual survey responses. The findings indicate that the overall degree experiences of particular students can be predicted by measures of class differences as measured by teaching quality instruments and the grade distributions of the classes they completed. These factors are in addition to the effects of students’ own performance as measured by their grades, their field of study and their post-graduation experience. It was found that in-class administered teaching quality instruments have an asymmetric influence on post-graduation survey results. Higher than expected scores appear to have little impact, and lower than expected results were found to have a significant negative impact on post-graduation recollections. The grade distribution in classes taken was also found to be an important factor in explaining variation in degree satisfaction.
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ItemInverting the indirect-The ellipse and the boomerang: Visualizing the confidence intervals of the structural coefficient from two-stage least squaresHirschberg, J ; Lye, J (ELSEVIER SCIENCE SA, 2017-08-01)In the just-identified model,the exact distribution of the two-stage least squares (2SLS) estimator of the coefficient of the endogenous regressor is a ratio of two normally distributed random variables. used Fieller's 1932 result to derive the density function of the estimator. In this paper, we present a novel graphical exposition of Fieller's 1954 technique to approximate the confidence interval for the 2SLS estimator. We use this approach to examine how the degree of endogeneity and instrument relevance influences the correspondence between the Fieller and traditional asymptotic confidence intervals for the estimator.
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ItemOpportunities and Challenges for CGE Models in Analysing TaxationFreebairn, J (WILEY, 2018-03-01)
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ItemIndia's Long Road: The Search for ProsperityBorland, J (WILEY, 2017-12-01)
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ItemTime series copulas for heteroskedastic dataLoaiza-Maya, R ; Smith, MS ; Maneesoonthorn, W (WILEY, 2018-04-01)
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ItemThe Evolution of Tariff Protection and WageProtection in the Late Colonies and Early FederationLloyd, P (WILEY, 2017-12-01)
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ItemThe Economics of Conflict: Theory and Empirical EvidenceSwee, EL (WILEY, 2017-06-01)
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ItemEditors' Report 2016Williams, R ; Jensen, P ; McDonald, I (WILEY, 2017-06-01)