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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.

The costs of the shutdown are overestimated -- they're outweighed by its $1 trillion benefit

May 20, 2020 15:51 pm UTC| Economy

As Australia begins to relax its COVID-19 restrictions there is understandable debate about how quickly that should proceed, and whether lockdowns even made sense in Australia in the first place. The sceptics arguing...

Vital Signs. The evidence that lockdowns work may not be gold standard, but it's good

May 04, 2020 13:31 pm UTC| Economy

As Australia begins gradually to relax some of its containment measures (so-called nonpharmaceutical interventions or NPIs) we are confronted with a number of questions when will children be back at school full...

It's just started: we'll need war bonds, and stimulus on a scale not seen in our lifetimes

Apr 30, 2020 08:46 am UTC| Insights & Views

Governments are being asked to do the near impossible: to deliver on both health and the economy. In many circumstances doing both at the same time would be completely impossible. But fortunately in Australia we have...

Vital Signs Series

Modelling tells us the coronavirus app will need a big take-up, economics tells us how to get it

Apr 26, 2020 05:30 am UTC| Technology

With Australias test-confirmed daily COVID-19 infection rates continuing to fall to relatively low levels, there is considerable discussion about when and how the successful containment measures might be...

Australian and US rate cuts underline seriousness of the coronavirus crisis

Mar 06, 2020 03:44 am UTC| Investing Central Banks

This week the Reserve Bank of Australia did something everyone expected and the US Federal Reserve did something almost nobody expected. Both are revealing. At its monthly meeting Australias central bank cut official...

Vital Signs: a 3-point plan to reach net-zero emissions by 2050

Mar 01, 2020 12:21 pm UTC| Insights & Views Nature

Every January Larry Fink, the head of the worlds largest funds manager, BlackRock, sends a letter to the chief executives of major public companies. This years letter focused on climate risk. Climate change has become a...

A connected world makes this coronavirus scarier, but also helps us deal with it

Feb 15, 2020 07:54 am UTC| Insights & Views Technology Health

The health implications of the Wuhan coronavirus (now called Covid-19) outbreak are, obviously, deeply concerning. At the time of writing, it had infected more than 50,000 people and killed more than 1,300. Cities and...

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Economy

The drop in GDP rankings came as South Korea posted a nominal economic growth rate of 1.4 percent in 2019

South Korea produced a nominal gross domestic product (GDP) valued at US$1.64 trillion in 2019 to rank 10th globally, down two spots from 2018. The data was based on the Organization for Economic Cooperations (OECD)...

Migrant workers make up over 90 percent of Singapore's COVID-19 cases.

Industry groups in Singapore warned that a reduction in foreign workers would have numerous implications on the economy. They were reacting to a call for a change of policies with migrant workers making up over 90...

The drop was attributed to the lockdown-generated decline in the number of outbound travelers.

Overseas card spending by South Koreans reached US$3.6 billion in the first quarter, plunging 23 percent from the $4.68 billion expenditures in the same period last year. It was the sharpest year-on-year drop in...

The country's car production plunged over 90 percent duirng the pandemic.

The French government is infusing over $8.8 billion to save the countrys car industry from huge losses brought about by the lockdowns. The countrys car production plunged over 90 percent duirng the pandemic. French...

The surge in net income was due to increased interest income

South Koreas 79 savings banks reported a combined net income of 246.3 billion in the first quarter, rising 19.4 percent year-on, according to the data from the Financial Supervisory Service (FSS). The surge in net...

Politics

Why is there so much furore over China's Belt and Road Initiative?

There were certainly questions asked when Victoria first signed a memorandum of understanding to join Chinas Belt and Road Initiative (BRI) in 2018, but it wasnt until the past week that the criticism reached a fever...

Melania Trump criticized for attending POTUS' meeting with VP and Homeland Security

Melania Trump attended the briefing for the 2020 hurricane season on May 28. It was attended by Vice President Mike Pence, Homeland Security agency, Emergency Management office, and NOAA, but some people raised their...

Melania Trump reportedly warned husband Donald Trump to take coronavirus seriously

Over the past several weeks and months during the coronavirus lockdown in the United States, First Lady Melania Trump has taken a more serious approach in getting Americans to comply with CDC guidelines to slow the spread....

US President Donald Trump tweets his condolences to over 100,000 coronavirus victims

The United States is the country that has been hit by the coronavirus pandemic the hardest. As the death toll has reached over 100,000, President Donald Trump tweeted out his condolences to the loved ones of the...

Science

New study suggests asteroid collision did not cause extinction of the dinosaurs

It is widely believed that an asteroid collision on Earth was responsible for the mass extinction of the dinosaurs. However, a new study seems to suggest that it was not the case at all. Express reports that researchers...

Apollo 11: Buzz Aldrin reveals how they planted the US flag on the Moon

The historical Apollo 11 mission took place in 1969, with Neil Armstrong and Buzz Aldrin becoming the first men on the Moon. In uncovered interview footage, Aldrin reveals something about the flag they planted on the...

NASA: Rocosmos says Russia is to begin work on new space station

As NASA and Elon Musks SpaceX program are to make their first-ever launch on American soil, this would mean NASA would no longer rely on Russian space agency Rocosmos for launching its astronauts into space. Rocosmos chief...

Asteroids: Asteroid-comet hybrid spotted by NASA's asteroid warning system

Hybrids of objects seen in space are very rarely sighted, until recently. NASAs asteroid warning system in Hawaii recently spotted one hybrid of an asteroid and a comet known as Trojans. Express reports that astronomers...

Technology

Pixel 4a XL would have had two cameras, leaked phone case suggests

After months of the rumor mill churning plenty of details about the still unannounced Pixel 4a, smartphone fans seem to be in unison now in no longer hoping for a Pixel 4a XL. The bigger version of the mid-range device,...

iOS 14 could finally allow movable widgets on the home screenshot

Many loyal iPhone users would say the one reason they choose this device is because of the iOS operating system. However, they can also not deny that iOS has been restrictive when it comes to how users can customize their...

AirPods could monitor health conditions in the next 1-2 years, report claims

Apple is known for going big on adding health-focused features to its hardware and software products. Recent reports have it that the tech giant is planning to do the same for future iterations of AirPods. Future...

The coronavirus pandemic is boosting the big tech transformation to warp speed

The coronavirus pandemic has sped up changes that were already happening across society, from remote learning and work to e-health, supply chains and logistics, policing, welfare and beyond. Big tech companies have not...
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