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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 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...

For all its worth, the banking royal commission could hurt a generation of battlers

Sep 28, 2018 08:06 am UTC| Insights & Views Economy

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry is set to deliver its interim report no later than September 30. There have already been plenty of consequences for...

The GFC and me. Ten years on, what have we learned?

Sep 24, 2018 07:55 am UTC| Insights & Views Economy

A little more than a decade on from the the collapse of Lehman Brothers, the largest bankruptcy in history, many of the worlds advanced economies are only now beginning to recover fully. I was on the faculty at the...

Central Banking Series

When cutting interest rates might not help

Sep 13, 2018 21:56 pm UTC| Insights & Views Economy Central Banks

Theres a meme around official interest rates since the financial crisis, and it goes like this. Central banks have already cut them to nearly zero (or actually zero) but advanced economies are still languishing. Therefore...

National accounts show past performance no guarantee of future results

Sep 09, 2018 20:43 pm UTC| Insights & Views Politics

Wednesdays GDP figures were good. Growth was up 0.9% in the June quarter and 3.4% over the past 12 months. As they say in baseball: You cant boo a home run. But you can ask how likely the batter is to do it next time....

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Economy

Global Geopolitical Series: U.S. Commerce announces duties on Chinese steel racks to counter malpractice

In a continuation of the toughened stance against both Allies and adversaries, the U.S. Commerce Department imposed duties on steel racks and parts from China. The United States, in 2017, imported $200 million worth of the...

Australian bonds remain range-bound in muted trading session; RBA’s Lowe, Kent speeches eyed

Australian government bonds traded range bound during Asian session Friday amid a muted trading session that witnessed data of little economic significance ahead of the Reserve Bank of Australias Phillip Lowe and...

U.S. Treasuries gain slightly ahead of weekly initial jobless claims, FOMC members’ speeches

The U.S. Treasuries slightly gained during Thursdays afternoon session, ahead of the countrys weekly initial jobless claims, besides, the Philly Fed and Conference Boards Leading indices, all scheduled to be released today...

UK gilts remain tad higher despite better-than-expected jump in June retail sales

The United Kingdoms gilts remained tad higher during European trading hours Thursday despite a better-than-expected jump in the countrys retail sales for the month of June. The yield on the benchmark 10-year gilts,...

UK gilts surge after June CPI remains unchanged, meets market estimates

The United Kingdoms gilts surged during European trading hours Wednesday after the countrys consumer price inflation (CPI) for the month of June, released today, remained unchanged from that in May, also meeting market...

Politics

Melania Trump might have requested a better prenup since 2016 election

Various White House representatives have previously assured the public that the marriage of United States President Donald Trump and First Lady Melania Trump are in good status. But rumors and insider reports keep...

Donald Trump denies being racist

To hear that United States President Donald Trump is going on a Twitter tirade, no matter what time of the day is nothing new. But his recent tweets directed at four congresswomen telling them to go back to their countries...

Mexican president López Obrador has a woman problem

After the leftist firebrand Andrés Manuel López Obrador won the Mexican presidency in a landslide last year, he vowed to govern for all, starting with the poor. In Mexico, the poor includes many women, who...

The new Mabo? $190 million stolen wages settlement is unprecedented, but still limited

The Queensland governments in-principle agreement to pay A$190 million in compensation for the wages withheld from more than 10,000 Indigenous workers is a watershed moment for the stolen wages movement. Indigenous...

The stark truth about UK government climate action: there is no one in charge

The UKs climate change targets are world-leading. Yet there is no clear plan in place to achieve them. That is the stark message of a new progress report from the governments official advisers, the Committee on Climate...

Science

3,800 patients to test promising HIV vaccine

Several significant developments in the field of HIV/AIDS cure studies have been reported this year. Now, adding to that is an HIV vaccine entering human trials after it has been in development for more than 30...

CAR-T therapy could be the world’s first cancer cure

Numerous cancer research is taking place around the world at this moment. While some of it has already shown promising results, there remains an undeniably long work ahead before at least one of them can be officially...

Curious Kids: how does electricity work?

Curious Kids is a series for children. If you have a question youd like an expert to answer, send it to [email protected] You might also like the podcast Imagine This, a co-production between ABC KIDS...

How solar heat drives rapid melting of parts of Antarctica's largest ice shelf

The ocean that surrounds Antarctica plays a crucial role in regulating the mass balance of the continents ice cover. We now know that the thinning of ice that affects nearly a quarter of the West Antarctic Ice Sheet is...

Neuroscience and artificial intelligence can help improve each other

Despite their names, artificial intelligence technologies and their component systems, such as artificial neural networks, dont have much to do with real brain science. Im a professor of bioengineering and neurosciences...

Technology

Tesla Model 3 is one safe car that just got price cuts

Tesla Model 3 may not be the companys flagship, but a recently concluded safety tests done by the Euro New Car Assessment Programme (NCAP) confirms it is one of the safest cars. Meanwhile, the pricing of Tesla Model 3 has...

iPhone 11 first look revealed via leaked video

iPhone 11 is not around yet, and there is no official announcement from Apple either. However, it is sure to come soon because there are proofs that the American tech giant is releasing it. Probably, the best evidence is...

Microsoft Surface Book 3 may be the most powerful Surface Book yet

Microsoft Surface Book 3 is the latest version of the Surface Laptop, and while technology enthusiasts are already looking forward to this device, information about it is still scarce. Most of the available details were...

Mate 30 first Huawei device with facial recognition?

A mix of trade, security, and political issues have apparently contributed to the decisions of several governments to ban or limit the selling of Huawei products in its territories. But the continuous release of rumors and...

Update brings fan-favorite weapon back from the vault

The latest Fortnite update, patch 9.40, is now available and has an array of exciting items for the Battle Royale gameplay. It also comes with needed bug fixes along with changes on some weapons power. Fortnite patch...
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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 773356773356m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 773356773356m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 785176785176m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 773356773356m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 785176785176m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 773356773356m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 773356773356m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 773356773356m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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