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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.

Vital Signs: the power of not being too clear

Jan 19, 2019 09:03 am UTC| Insights & Views Business

Incentives, in one form or other, are central to our lives. The Soviet experiment ended in December 1991 because it turned out that when people got paid the same whether they worked hard or slacked off, most people...

Vital Signs: No, Joe, America should not be copying Australia's 'asset recycling' misdirection

Dec 15, 2018 17:34 pm UTC| Insights & Views Economy

Anyone who has been to La Guardia airport in New York can attest the dire need in the United States for infrastructure spending. Its not just crumbling bridges, pot-holed roads and lousy airports that provide the...

Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Dec 08, 2018 17:32 pm UTC| Insights & Views Economy

If a week is a long time in politics, then 35 years must be an eternity. 35 years ago, on Monday December 12, 1983, the Hawke-Keating government announced the Australian dollar would be floated. That is, the prices...

Fresh thinking: the carbon tax that would leave households better off

Nov 26, 2018 17:08 pm UTC| Insights & Views Economy

Today, as part of the UNSW Grand Challenge on Inequality, we release a study entitled A Climate Dividend for Australians that offers a practical solution to the twin problems of climate change and energy...

The best way to boost the economy is the best way to improve the lives of disadvantaged students

Oct 29, 2018 19:41 pm UTC| Insights & Views Economy

What if we had an opportunity to double the size of the tourism industry, or to quadruple the size of the beef industry, or to boost the economy by more than any of the presently proposed tax switches? What if we could...

Vital Signs: Australia's 5% jobless rate is not full employment; pushing up interest rates would be wrong

Oct 28, 2018 13:14 pm UTC| Insights & Views Economy

According to ABS figures released last week, the unemployment rate in Australia has fallen to 5%. This isnt as low as the 3.7% level in the United States, but by historical standards it is low for us. We need to go back...

The housing market might deflate, but it might pop. Here's how

Oct 20, 2018 06:05 am UTC| Insights & Views Real Estate

There are two things that can happen to an asset price bubble. It can burst dramatically, or deflate slowly. Which brings us to the Australian housing market. Prices in Sydney and Melbourne continue to decline at a...

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Economy

USD/CNY seen to decline towards 7.0 as US-China Washington talks likely to achieve a breakthrough, says Scotiabank

The USD/CNY currency pair is expected to decline towards 7.0 as the US-China Washington talks are likely to achieve a breakthrough, particularly if considering USD/CNH trading at a discount to USD/CNY recently, according...

USD/INR likely to showcase supportive tone in near-term given prospects of further RBI cuts this year, says Commerzbank

The USD/INR currency pair is expected to showcase a supportive tone in the near-term given prospects of further interest rate cuts by the Reserve Bank of India (RBI) this year, according to the latest research report from...

Risk-on sentiment likely to continue during rest of September on hopes of US-China talks achieving a breakthrough, says Scotiabank

Risk-on sentiment is likely to continue during the rest of September on hopes for the US-China Washington talks achieving a breakthrough, according to the latest research report from Scotiabank. It was widely reported...

Australian ANZ-Roy Morgan consumer confidence falls 1 pct last week, inflation expectations remain stable

Australias ANZ-Roy Morgan Australian Consumer Confidence fell 1.0% last week. The fall was accentuated by a sharp decline of 7.1 percent seen in the Time to buy a major household item sub-index. Current finances fell by...

Australia’s demand for mortgages picks up sharply in response to rate cuts in June and July, RBA unlikely to be impressed

Australias demand for mortgages picked up sharply in response to rate cuts in June and July, with 5.1 percent m/m growth in July. The strength was reflected across both owner-occupiers and investors. The Reserve Bank of...

Politics

John Legend tweets Melania Trump should praise Donald Trump more

The United States President Donald Trump has once again had a tweetstorm directed, this time, at John Legend and Chrissy Teigen. The All of Me singer responded by suggesting that POTUS might have calmed down if only the...

Donald Trump insists she loves Tiffany Trump

Over the past week, another member of Donald Trumps family made headlines following alleged explosive revelations from a fired White House staff. The United States Presidents daughter with Marla Maples, Tiffany Trump, is...

Netizens accuse Donald Trump of calling Melania Trump like a pet

A video that recently went viral online is not helping eliminate speculations on the marriage of United States President Donald Trump and First Lady Melania Trump. The gesture Mr. Trump made seemingly to call the attention...

New research shows vast majority of Hong Kong protesters support more radical tactics

Three months on, theres still no end in sight for the Hong Kong protest movement. What started as a demonstration against a bill to amend the citys extradition laws has now morphed into a broader movement challenging the...

In the Democrats' bitter race to find a candidate to beat Trump, might Elizabeth Warren hold the key?

Conservative former congressman Joe Walsh recently announced he would challenge Donald Trump for the Republican Partys 2020 Presidential nomination. Challenging an incumbent president is not new: both Gerald Ford and...

Science

Cancer cells naturally die in microgravity, scientist finds

The possibilities are endless when it comes to studying potential factors that could stop the growth of cancer cells. For one, a scientist based in Australia discovered that cancer cells naturally die when exposed to...

HIV cure study finds good results from a rare muscle illness

One of the greatest tasks of medical science experts today is finding a cure for the human immunodeficiency virus (HIV). While that has not been achieved yet, many studies have resulted in further understanding the...

Indonesian students treat cancer tumors on a mouse with a local plant

A couple of Indonesian high school students are catching worldwide attention after winning an international invention contest. They were awarded the gold medal for reportedly showing proof they were able to treat cancer on...

HIV suppression can be prolonged even without ART, study shows

There is not a complete cure found yet to eradicate HIV from a patient. But medical science has come a long way in developing other treatment strategies to suppress the virus. So even if it stays dormant in a patients...

An exoplanet within arm’s reach: the Earth

Exobiology is an exciting discipline. It is based simultaneously on the latest data from astrophysics, planetary geology and the origins of life on Earth, all of which are evolving as we continue to study them. It could be...

Technology

HIV cure: Scientists see minor success in CRISPR-based study

Major strides in the field of HIV cure study have been reported this year alone by various groups of scientists from different parts of the world. The complete cure may not be available yet, but these promising results...

PlayStation 5’s another important component is the SSD

PlayStation 5 is billed as a next-generation console, and that means its specs and features are not mere upgrades from what is available now in the PS4 platform. The anticipated hardware components on PlayStation 5 make it...

'Clash Royale' League opens in the West this weekend

This weekend is another important time for the Clash Royale community as the fall season for the West division of the league officially opens. Luckily, fans around the world will be able to watch the first match...

‘Borderlands 3’ beginners’ guide to level up fast

Borderlands 3 is one major video game title that fans can start playing this weekend. With the popularity of the franchise, a large number of gamers may be new to the series. Luckily, gameplay tips are now widely available...

‘Rainbow Six Siege: Ember Rise’ adds Unranked mode, removes several maps

Most players might be looking forward to the release of Rainbow Six Siege: Ember Rise primarily because of the new Operators and the new gears introduced with them. However, this particular seasonal update comes with a...
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July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 853482853482m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 853482853482m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 865302865302m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 853482853482m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

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Bln AR bln ARS

January 22 19:00 UTC 865302865302m

ARTrade Balance

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Forecast

Previous

-1541 %

January 31 00:00 UTC 853482853482m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 853482853482m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 853482853482m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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