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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.

Australia's sudden ultra-low economic growth ought not to have come as surprise

Mar 09, 2019 06:09 am UTC| Insights & Views

Australias big little economic lie was laid bare on Wednesday. National accounts figures show that the Australian economy grew by just 0.2% in the last quarter of 2018. This disappointing result was below market...

Vital Signs. Do deficits matter any more?

Mar 01, 2019 13:46 pm UTC| Insights & Views Economy

It seems that whoever wins the White House in 2020, the US federal deficit will blow up. President Donald Trump has already signed into law massive tax cuts that are estimated to expand the deficit by at least US$1.5...

Now is the time to plan how to fight the next recession

Feb 26, 2019 14:43 pm UTC| Insights & Views Economy

This is part of a major series called Advancing Australia, in which leading academics examine the key issues facing Australia in the lead-up to the 2019 federal election and beyond. Read the other pieces in the series...

If needed, this man can and will cut rates during the election campaign

Feb 08, 2019 11:52 am UTC| Insights & Views Politics

It was a great story. Philip Lowe had taken over as Reserve Bank governor after 25 years of uninterrupted economic growth. The Australian economy was transitioning nicely away from the countrys biggest-ever mining boom....

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...

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Economy

U.S. Treasuries edge tad down amid quiet trading day ahead of FOMC member Mester’s speech

The U.S. Treasuries edged tad lower during Mondays afternoon session amid a relatively quiet day ahead of FOMC member Mesters speech, scheduled to be delivered today by 17:00GMT. The yield on the benchmark 10-year...

UK gilts fall ahead of November manufacturing, services PMI

The United Kingdoms gilts fell during European trading hours Monday as investors remained side-lined amid a muted trading session that witnessed data of little economic significance. However, attention might turn...

German bunds flat in silent trading ahead of Q3 GDP, November manufacturing PMI

The German bunds remained flat during European session Monday amid silent trading hours that barely witnessed any data of major economic significance ahead of the countrys gross domestic product (GDP) for the third quarter...

Thailand 2019 growth downgraded to 2.7 pct, 2020 constant at 2.9: OCBC Treasury Research

Thailands full-year 2019 growth has been downgraded to 2.7 percent by OCBC Treasury Research, a shade lower than the previous estimate of 2.8 percent, while the 2020 GDP growth rate remained unchanged at 2.9...

BI likely to leave policy rate unchanged on Thursday, keep door open to additional rate cuts: Scotiabank

Bank Indonesia (BI) is expected to leave its policy rate unchanged at 5 percent at its monetary policy meeting on Thursday afternoon, but leave the door open to additional rate cuts to prop up the nations economic growth,...

Politics

What happens to the East Wing if Donald Trump and Melania Trump get divorced

Even before winning the election, Donald Trumps statements and actions during campaign rallies were enough to cause a string of controversies. It was then not surprising that it continued even after he won the 2016...

Donald Trump reportedly implies Melania Trump would not cry if he got shot

Melania Trump and Donald Trump have been relentlessly hounded by divorce rumors after the latter was elected the President of the United States. They have denied such claims and insisted their marriage is going well, but a...

What a minority government could mean for affordable housing in Canada

Along with climate change, affordable housing was one of the big issues of the recent Canadian federal election, with political parties scrambling to catch up with public opinion. The widespread concern among the...

Will Canada finally get pharmacare?

When I had lymphoma 12 years ago, I needed to take the drug filgrastim (Neupogen) to get my white blood cell count high enough that I could take my next chemotherapy treatment on time. Before prescribing it, my oncologist...

Government to announce more home care packages for aged before Christmas

More federal government money will be announced within weeks for home care for the aged, after a damning royal commission finding that many people die before their packages arrive. Scott Morrison on Friday said he had...

Science

Nearly all your devices run on lithium batteries. Here's a Nobel Prizewinner on his part in their invention – and their future

British-born scientist M. Stanley Whittingham, of Binghamton University, was one of three scientists who won the 2019 Nobel Prize in Chemistry for their work developing lithium-ion batteries. L-R: John Goodenough;...

Advances in anti-ageing research: how chemistry could hold the key to better health

Given the opportunity to live much longer lives, many of us might feel less than thrilled at the prospect. After all, you might think, who would want to live an extra 20 years dealing with arthritis, dementia or heart...

Dark energy: new experiment may solve one of the universe's greatest mysteries

As an astronomer, there is no better feeling than achieving first light with a new instrument or telescope. It is the culmination of years of preparations and construction of new hardware, which for the first time collects...

Predicting research results can mean better science and better advice

We ask experts for advice all the time. A company might ask an economist for advice on how to motivate its employees. A government might ask what the effect of a policy reform will be. To give the advice, experts often...

Asteroid impact that could end humanity is happening, space nation leader claims

Asteroids are the most common space objects that fly by Earth almost daily. Some of them were detected too close to the time of their close approach, but there has never been an impact that took place in modern history....

Technology

‘PUBG Mobile’ update 0.15.5 marks start of a new season

Within the past month, a couple of important updates have been released for PUBG Mobile. They did not only arrive with changes and performance improvements because the recent updates also added new gameplay features and...

iPhone 12 could be Apple’s first 5G-enabled smartphone

Whether or not Apple went all-out with its iPhone 11 series is still a debatable topic, and one aspect that makes it so is the absence of 5G support. Now, when looking forward to what iPhone 12 could offer, the upgrade to...

iOS 14 is anticipated with new screen modes, 5G support

If there is one thing that tech fans can certainly count on for 2020, it is the announcement and later release of iOS 14. Apple has not missed a year without announcing new operating systems for its products, and it is...

Pixelbook Go: Is it more priceworthy than the 2017-released Pixelbook?

This year, Google updated its lineup of Chromebooks with the launch of the Pixelbook Go. One of the most noticeable differences it has, then the 2017-released Pixelbook, is its price. However, it might also not be too...

AirPods Pro: Is it time for a costly AirPods upgrade?

Many were surprised when Apple was heavily rumored to release an all-new wireless earbuds just several months since the launch of the AirPods 2. But the company actually did when it announced AirPods Pro in October...
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