ARC CENTRE OF EXCELLENCE IN POPULATION AGEING RESEARCH / ANNUAL REPORT 2019
Introducing the Centre 1 Director’s Report 2 2019 Highlights 4 Chair’s Message 6 Activity Plan for 2020 8 SECTION 1: GOVERNANCE AND STRUCTURE 11 Governance 12 Structure 18 Centre Personnel 20 SECTION 2: RESEARCH AND RESEARCH TRAINING 30 Research Stream 1: Macro-Demographic Dynamics and Population Ageing Policy 31 Research Stream 2: Decision Making, Expectations and Cognitive Ageing 40 Research Stream 3: Organisations and the Mature Workforce 47 Research Stream 4: Sustainable Wellbeing and Later Life 55 ANNUAL REPORT 2019 Research Training and Mentoring 75 SECTION 3: EXTERNAL LINKAGES 84 Industry and Government Links 85 National and International Links 90 SECTION 4: PERFORMANCE INDICATORS AND FINANCIAL STATEMENT 97 Key Performance Indicators 98 Research Outputs 99 Communications, Education and Community Outreach 113 End User Links 128 Centre Finance 132 Estimates of Future Expenditure 134 New Grants 135 Awards, Prizes and Recognition 137
CONTACT DETAILS 139 Introducing the Centre 1 Director’s Report 2 2019 Highlights 4 Chair’s Message 6 Activity Plan for 2020 8 SECTION 1: GOVERNANCE AND STRUCTURE 11 Governance 12 Structure 18 Centre Personnel 20 SECTION 2: RESEARCH AND RESEARCH TRAINING 30 Research Stream 1: Macro-Demographic Dynamics and Population Ageing Policy 31 Research Stream 2: Decision Making, Expectations and Cognitive Ageing 40 Research Stream 3: Organisations and the Mature Workforce 47 Research Stream 4: Sustainable Wellbeing and Later Life 55 Research Training and Mentoring 75 SECTION 3: EXTERNAL LINKAGES 84 Industry and Government Links 85 National and International Links 90 SECTION 4: PERFORMANCE INDICATORS AND FINANCIAL STATEMENT 97 Key Performance Indicators 98 Research Outputs 99 Communications, Education and Community Outreach 113 End User Links 128 Centre Finance 132 Estimates of Future Expenditure 134 New Grants 135 Awards, Prizes and Recognition 137
CONTACT DETAILS 139 CEPAR would like to acknowledge the generous financial and/or in-kind support of the following organisations:
Australian Government Department of Foreign Affairs and Trade Department of Health Department of Social Services The Treasury INTRODUCING THE CENTRE
1 CEPAR THE ARC CENTRE OF EXCELLENCE IN EFFECTIVELY ENGAGE WITH EXTERNAL STAKEHOLDERS AS AN INTEGRAL PART OF POPULATION AGEING RESEARCH VISION ANNUAL REPORT 2019 • INTRODUCING THE CENTRE THE CENTRE’S RESEARCH ACTIVITY TO (CEPAR) IS A UNIQUE COLLABORATION OUR VISION IS TO BE A GLOBALLY • develop research goals and to share in BETWEEN ACADEMIA, GOVERNMENT LEADING RESEARCH AUTHORITY project execution AND INDUSTRY, COMMITTED TO ON POPULATION AGEING. • translate research to influence economic and DELIVERING SOLUTIONS TO ONE OF social policy, business practice, and THE MAJOR ECONOMIC AND SOCIAL MISSION community understanding CHALLENGES OF THE 21ST CENTURY. OUR MISSION IS TO PRODUCE AND BUILD NATIONAL RESEARCH CAPABILITY AND COLLABORATION BY The Centre is based at the University of New South PROMULGATE RESEARCH OF THE Wales (UNSW Sydney) with nodes at the Australian • creating new researcher cohorts devoted to National University (ANU), Curtin University, the HIGHEST QUALITY TO OPTIMISE ageing research and trained in cross- University of Melbourne and the University of SOCIAL AND ECONOMIC OUTCOMES disciplinary skills Sydney, and has high quality partnerships with FOR AN AGEING WORLD. influential organisations drawn from academe, • developing the research leadership and government and business. end-user engagement skills of early and mid-career researchers It aims to establish Australia as a world leader OBJECTIVES • taking a leadership role by connecting in the field of population ageing research through THE OBJECTIVES OF THE a unique combination of high-level, cross- researchers in ageing throughout Australia, disciplinary expertise drawn from Actuarial CENTRE ARE TO: ensuring that benefits from CEPAR’s inclusive Science, Demography, Economics, Epidemiology, culture are fully realised EXECUTE A TRANSFORMATIONAL Psychology, Industrial Relations, Organisational ELEVATE CEPAR’S, AND BY Behaviour and Sociology. AND MULTIDISCIPLINARY RESEARCH PROGRAM THAT EXTENSION AUSTRALIA’S, Funded primarily by an initial seven-year grant REPUTATION AS A GLOBAL from the Australian Research Council, with • produces original research that advances LEADER IN POPULATION knowledge globally, published in leading generous support from the collaborating AGEING RESEARCH BY universities and partner organisations, the international journals • strategically partnering with world-class Centre was established in March 2011 to • harnesses expanded research capability to institutions leading innovative research in undertake high-impact, independent, generate evidence and policy analysis to the field multidisciplinary research and build research address the most critical issues identified by capacity in the field of population ageing. individuals, industry, government and • connecting with researchers and centres Renewed funding awarded for an additional community groups focused on population ageing throughout the world. seven-year term from 2017-2023 is supporting • anticipates and responds constructively to an exciting new research program which will rapid demographic transition in Australia and deliver comprehensive outcomes with the internationally potential to secure Australia’s future as a well-informed nation with world-best policy and practice for an ageing demographic.
DIRECTOR’S REPORT
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CEPAR Significant progress was made across the Strong research breeds a strong reputation, CEPAR research program. This ranges from the and that in turn leads to profile and impact, both ANNUAL REPORT 2019 • DIRECTOR’S REPORT development of a global model of population nationally and internationally. CI Peter McDonald ageing and the impact of demographic was tasked by Prime Minister Morrison to address differentials on macro outcomes and trade, the COAG meeting on issues relating to migration through experiments with decision-making policy in December 2018, and Peter continues to among older cohorts, to analysis of the impact have a major role on government committees of climate change on mortality. Innovations in relating to migration policy. As well, he, along modelling and in survey development, such as with other CEPAR CIs including Warwick McKibbin, the ‘Mature Workers in Organisations Survey’, have been consulted by Treasury on the upcoming have been particularly prominent, laying the Intergenerational Report (IGR), scheduled for foundation for future findings and insights in release in the first part of 2020. At a more 2020 and beyond, on topics ranging from academic level, CEPAR hosted the 2019 age-based taxation to decision making in relation Economics of Ageing Conference, an annual to driving safety among older cohorts. Research event which has typically been based in Ivy grant funding has continued to accrue across the League universities. The conference theme was PROFESSOR JOHN PIGGOTT spectrum of CEPAR personnel, from Chief ‘Resources in Retirement’. Associate Investigator Investigators (CIs) to PhD students. (AI) Isabella Dobrescu, and CIs Mike Keane and Alan Woodland, undertook the editing of a special CIs have continued to shine – highlights include issue of the Journal of the Economics of Aging, 2019 WAS A VERY SUCCESSFUL the award of a Laureate Fellowship to Kaarin based on the conference. YEAR FOR CEPAR. THROUGHOUT Anstey, and a highly-cited researcher award to Sharon Parker. Kaarin’s award means that we Towards the end of 2019 CEPAR became heavily THE YEAR, THE CENTRE ENHANCED now have three Laureates in our team of 12 CIs. involved in the Retirement Income Review. The ITS OUTSTANDING RECORD OF And Sharon is the second CI to have been listed Retirement Income Research Briefs, released a JOURNAL PUBLICATIONS AND OTHER as highly cited, following Bob Cumming in 2016. year ago, are providing a major evidence base for She was one of only three academics in the this Review, as is the more recent Housing and RESEARCH OUTPUTS; LED THE Economics and Business category to be listed Ageing Research Brief, released only in November, DEBATE ON IMPORTANT ISSUES, BOTH by the Web of Science in 2019 in Australia, to coincide with the CEPAR Crawford Policy NATIONALLY AND INTERNATIONALLY; and the only woman. Dialogue on the same topic. Drawing on these briefs, and on our submissions to the Financial In other honours earned through the year by AND ENGAGED WITH GOVERNMENT, System Inquiry and Treasury, CEPAR plans a our senior researchers, CI Marian Baird was submission to the Review in early 2020, which INDUSTRY AND COMMUNITY GROUPS named for the second year in a row by Apolitical will involve inputs from CI Alan Woodland and his as one of the 100 most influential women in the TO HELP SHAPE FUTURE POLICY AND team, as well as CIs Hazel Bateman and Michael world on gender equality; Partner Investigator BUSINESS PRACTICE. Sherris and a range of researchers, including (PI) Olivia S Mitchell was listed as one of Worth Senior Research Fellows Rafal Chomik and Magazine’s ‘16 powerhouse female economists’; George Kudrna. Advisory Board Chair and UNSW and Robert Holzmann, who for the last several Adjunct Professor, Marc de Cure is also part of years has served as a CEPAR Honorary Professor, the team. Already there have been consultations was appointed as Governor of Austria’s with Panel members and the secretariat. central bank. 3
The link between health and ageing, and Domestically, major policy-oriented conferences CEPAR specifically healthy ageing, is gaining prominence have included the CAMA CEPAR Treasury Workshop as an issue in both developed countries and on the Global Implications of Population Ageing, ANNUAL REPORT 2019 • DIRECTOR’S REPORT emerging economies, and is a new international organised by Warwick McKibbin; and the Pensions focus for CEPAR. Earlier this year we were and Retirement Colloquium, organised by Hazel delighted when John Beard, who had run the Bateman. As well we have run two workshops Department of Ageing and Life Course for the focused on data linkages, organised by Warwick World Health Organisation until his retirement in McKibbin and CI Phil Clarke. Australia is seriously late 2018, joined CEPAR as a professorial fellow, deficient in good data relating to older cohorts, on a fractional appointment. A workshop on and these workshops will go some way to Healthy Ageing early in 2020 brought together addressing this shortfall. A full list of events researchers and stakeholders focused on this and workshops appears on pages 85 to 89. area. John and I have both been appointed as CEPAR’s research and engagement activities Commissioners on a US National Academy of are critically supported by its internal Medicine Commission on Healthy Longevity, administration and governance. Director of a project which will run until late 2020. Operations Anne Gordon and her team deliver Particularly pleasing has been our expanding extraordinary outcomes in this space. CEPAR is involvement in Asia. This includes the Centre’s committed to equity, diversity and inclusion (EDI) role in the G20 task force on population ageing, in the workplace and has developed an Equity hosted by Japan. As well, through 2019 we have Plan outlining how CEPAR supports these spearheaded a conference jointly supported by concepts in practice. In 2019, on Anne’s initiative, the Korean Development Institute and the East a number of new actions designed to strengthen West Centre at the University of Hawaii, focused EDI in the Centre were developed in collaboration on population ageing and economic growth. It had with Marian Baird, and these have been approved a Korean focus, but broader perspectives were by the CEPAR Management Committee. These provided by five CEPAR members, including CIs include the appointment of Marian Baird as Mike Keane and Peter McDonald, PI Hanming Fang, Interim Director of EDI. A full list of new initiatives Rafal Chomik, and me. Funding provided in 2018 by is at page 16. the UNSW Business School is allowing further development of our research in Asia, which includes the establishment of the Ageing Asia research hub, a worthy successor to the Australia-China Population Ageing Research Hub which has been operating in the UNSW node John Piggott of the Centre for several years. This has been augmented by the award of four UNSW Scientia scholarships valued at $200,000 each for students commencing in 2019 and 2020, all focused on topics related to ageing in Asia. We are currently seeking further funding for the Ageing Asia initiative. 2019 HIGHLIGHTS
4 CEPAR INTERNATIONAL PENSION RESEARCH GLOBAL ECONOMIC IMPLICATIONS OF FORMER DIRECTOR OF THE
ANNUAL REPORT 2019 • HIGHLIGHTS ASSOCIATION (IPRA) ESTABLISHED POPULATION AGEING WORKSHOP HELD WORLD HEALTH ORGANISATION’S WITH CHIEF INVESTIGATOR HAZEL IN CANBERRA IN COLLABORATION DEPARTMENT OF AGEING AND LIFE BATEMAN APPOINTED AS INAUGURAL WITH THE CENTRE FOR APPLIED COURSE, JOHN BEARD, APPOINTED PRESIDENT AND CEPAR MACROECONOMIC ANALYSIS AND A CEPAR PROFESSORIAL FELLOW INVESTIGATORS JOHN PIGGOTT, COMMONWEALTH TREASURY OLIVIA S. MITCHELL AND MONIKA CENTRE DIRECTOR JOHN PIGGOTT AND BÜTLER INCLUDED ON THE EXECUTIVE 27TH ANNUAL COLLOQUIUM ON JOHN BEARD APPOINTED AS MEMBERS BOARD PENSIONS AND RETIREMENT OF THE US NATIONAL ACADEMY OF RESEARCH HOSTED BY CEPAR MEDICINE’S INTERNATIONAL POLICY DIALOGUE ON HOUSING AND UNSW SCHOOL OF RISK COMMISSION ON CREATING A GLOBAL AND AGEING HELD IN CANBERRA AND ACTUARIAL STUDIES ROADMAP FOR HEALTHY LONGEVITY IN COLLABORATION WITH THE CENTRE FOR APPLIED MACROECONOMIC 5TH ANNUAL WORKSHOP ON CENTRE DIRECTOR JOHN PIGGOTT ANALYSIS (CAMA) AND CRAWFORD POPULATION AGEING AND THE CO-CHAIRED THE 2019 G20 TASK SCHOOL OF PUBLIC POLICY AT THE CHINESE ECONOMY HELD IN SYDNEY FORCE ON THE AGEING POPULATION AUSTRALIAN NATIONAL UNIVERSITY AND ITS ECONOMIC IMPACT 18TH NATIONAL EMERGING WORKSHOP ON DATA LINKAGE RESEARCHERS IN AGEING CHIEF INVESTIGATOR KAARIN ANSTEY FOR AGEING RELATED RESEARCH CONFERENCE HELD IN SYDNEY AWARDED AN ARC LAUREATE HELD IN CANBERRA IN FELLOWSHIP COLLABORATION WITH CAMA LAUNCH OF RESEARCH BRIEF: AND THE TAX AND TRANSFER ‘HOUSING IN AUSTRALIA: NEST CHIEF INVESTIGATOR KAARIN ANSTEY POLICY INSTITUTE IN THE ANU AND NEST EGG?’ AND HER TEAM AWARDED $1.9M IN CRAWFORD SCHOOL OF PUBLIC POLICY BOOSTING DEMENTIA RESEARCH LAUNCH OF CEPAR REPORT: GRANT SCHEME FUNDING ECONOMICS OF AGEING WORKSHOP ‘MAXIMISING POTENTIAL: FINDINGS HELD IN SYDNEY IN COLLABORATION FROM THE MATURE WORKERS IN WITH THE NEW WORLD PROGRAM AND AUSTRALIA SURVEY’ THE UNSW BUSINESS SCHOOL
5 CEPAR CHIEF INVESTIGATOR MARIAN BAIRD ASSOCIATE INVESTIGATOR
NAMED BY APOLITICAL AS ONE OF THE KIM KIELY AWARDED A DEMENTIA ANNUAL REPORT 2019 • HIGHLIGHTS TOP 100 MOST INFLUENTIAL PEOPLE AUSTRALIA RESEARCH FOUNDATION IN GENDER EQUALITY IN THE WORLD PROJECT GRANT FOR THE SECOND TIME IN A ROW ASSOCIATE INVESTIGATOR RUTH CHIEF INVESTIGATOR PETER PETERS AWARDED AN NHMRC GRANT MCDONALD APPOINTED TO THE TO UNDERTAKE THE ‘LIFE-COURSE RESEARCH COMMITTEE OF THE BLOOD PRESSURE AND COGNITION SCANLON FOUNDATION’S INSTITUTE STUDY (LCBP-COG)’ FOR APPLIED SOCIAL COHESION RESEARCH CEPAR PHD STUDENT NICOLE EE AWARDED A 2019 WESTPAC FUTURE CHIEF INVESTIGATOR SHARON PARKER LEADERS SCHOLARSHIP NAMED IN THE 2019 WEB OF SCIENCE’S LIST OF HIGHLY CEPAR HONOURS STUDENT LUKE ZHOU CITED RESEARCHERS AWARDED A 2019 APRA BRIAN GRAY SCHOLARSHIP HONORARY PROFESSOR ROBERT HOLZMANN APPOINTED AS NEW GOVERNOR OF THE AUSTRIAN CENTRAL BANK
PARTNER INVESTIGATOR OLIVIA S. MITCHELL LISTED AS ONE OF WORTH MAGAZINE’S ‘16 POWERHOUSE FEMALE ECONOMISTS’ CHAIR’S MESSAGE
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CEPAR The key point is that all this progress is Specific examples of significant CEPAR enabling CEPAR to achieve its desired impact – engagement activities in 2019 all of which ANNUAL REPORT 2019 • CHAIR’S MESSAGE assisting Australia and the world to minimise included a high level of partner organisation the adverse consequences, and maximise the and board member participation were: opportunities arising from, demographic change. • the Roundtable on Retirement Incomes at Our engagement model continues to achieve UNSW with four board members present and this impact through relevant multidisciplinary a very high level of participation from partner research, performed by leading researchers organisations, particularly Treasury. with strong end-user, two-way engagement. • the Workshop on Data Linkage for Ageing Related Research at ANU at which board 2019 ENGAGEMENT ACTIVITIES member David Gruen was a speaker and many Our engagement model is multi-faceted and board members or their delegates attended. includes: • the 4th International Pension Research Association Conference: ‘Developments in • the CEPAR Advisory Board which has MARC DE CURE Pensions’ hosted by the OECD, at which I increased its focus on strategic guidance and presented a paper, with board members oversight of the research and engagement 2019 HAS SEEN GREAT PROGRESS Robert Jeremenko and Mike Orszag attending priorities. Its members have also participated along with other Treasury personnel and WITH CEPAR’S RESEARCH PROGRAM extensively in CEPAR conferences, workshops Australia’s Ambassador to the OECD. and roundtables. ACROSS ALL STREAMS, WITH MANY • the CAMA/CEPAR/Treasury Workshop: • Stakeholder Reference Groups for each The Global Economic Implications of Population OF OUR RESEARCHERS BEING Research Stream which were established last Ageing at ANU which had a very high level of ACKNOWLEDGED FOR THEIR year and have successfully increased the attendance by board members and partner research engagement between end users and OUTSTANDING CONTRIBUTIONS, and affiliate organisations. researchers at the coal face. This enhanced • the Policy Dialogue on Housing and Ageing at AND CEPAR’S BRAND AND RESEARCH engagement model has worked extremely ANU with board members John Simon and Ian well, increasing end user touch points, REPUTATION CONTINUING TO GROW Yates participating as session commentators, effectiveness and the focus of our LOCALLY AND INTERNATIONALLY. me chairing a session, and representatives engagement activities, and ultimately impact. attending from partner and affiliate THIS IS COVERED EXTENSIVELY IN • Workshops, conferences, roundtables and organisations DSS, DoH, NSW Treasury, research briefs which provide opportunities THE DIRECTOR’S REPORT AND PwC and COTA. to both share research and broader insights, THROUGHOUT THIS ANNUAL REPORT. • the 27th Colloquium on Pensions and receive feedback on research priorities, Retirement Research at UNSW with board demonstrate the depth and breadth of our members Ian Yates and Geoff Lloyd as researchers’ excellent work, and provide panellists and me chairing the plenary pathways to impact. session on retirement incomes, and at which four other board members attended alongside numerous partner and affiliate organisation representatives. • the Data Linkage workshop hosted by partner organisation, the Department of Health.
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We also had partner organisation representation Another new area of research focus is Health CEPAR greatly appreciates the support CEPAR at two CEPAR public lectures - one by Professor and Ageing, which neatly coincides with the of and engagement with its partner and Fiona Matthews on the impact of education on World Health Organisation’s Decade of Healthy affiliated organisations, and Advisory Board ANNUAL REPORT 2019 • CHAIR’S MESSAGE dementia and the other by Dr Gwenith Fisher on Ageing. Planned events include a forum on members and Stakeholder Reference Group ageing, work and work ability - and workshops on healthy ageing to be held at UNSW in January; a representatives who generously give their time, the Economics of Ageing, Population Ageing and workshop to be held at Oxford University in March insight and energy to assisting CEPAR address the the Chinese Economy, and Longevity Risk. in collaboration with Oxford’s Health Economics challenges and the opportunities of population Research Centre, examining recent stalling of UK ageing. CEPAR would not be where it is today nor These events were all extremely well supported, life expectancy improvement; a symposium on have had the same impact without these high quality and highly relevant, covering a broad Indigenous ageing at the University of Melbourne individuals and organisations. spectrum of CEPAR research and international later in the year; a symposium on cognitive ageing collaborators; and provided a powerful forum to Marc de Cure to be hosted in collaboration with the NHMRC share research and for all to share their insights, Chair CEPAR Advisory Board Centre for Research Excellence in Cognitive knowledge gaps and priorities. They speak to the Health; and the launch of CI Clarke’s report on quality and relevance of CEPAR’s research and our health poverty. ability to share it with those that can use it most.
THANK YOU LOOKING FORWARD On behalf of the Board I would like to thank the Marc de Cure Next year we will continue to spearhead Centre Director, Chief Investigators and their research translation in the key areas where research teams, and the CEPAR research and CEPAR’s research can inform policy and product professional staff who have collectively put in development, and social and political awareness. a mammoth effort in 2019 publishing a Research In addition to our ongoing input to the Brief on Housing and Ageing and staging the Commonwealth Treasury’s Retirement Income conferences and events referred to above; all on Review, two key themes will be the focus of many top of the enormous amount of effort going into of our events: Promoting mature workforce core research activities. participation, and health and ageing. Mature workforce participation is a new stream and its research is emerging, especially in relation to the role of organisations, which will be the subject of a policy dialogue, a roundtable, a research brief and a fact sheet. A number of CEPAR-organised symposiums are also planned at specialised conferences to focus on this issue, and particularly in relation to addressing care responsibilities. ACTIVITY PLAN FOR 20201
8 CEPAR In 2020 CEPAR will undertake a range of activities • A symposium on Indigenous Ageing to be which aim to provide Australia, the greater Pacific held in Melbourne; NATIONAL AND INTERNATIONAL NETWORKS ANNUAL REPORT 2019 • ACTIVITY PLAN FOR 2020 region, and the world, with crucial new knowledge • The second annual workshop on CEPAR will continue to expand its international to inform social and economic responses to one Understanding and Overcoming Confusion footprint in 2020, especially in the Asia-Pacific of the most important challenges of the 21st in Consumer Financial Decision Making to region. The Ageing Asia Research Hub will be century: population ageing. We will produce high be held in Sydney; instrumental in the development of further quality research on issues that matter and • Research symposiums on: linkages between CEPAR and key institutions disseminate output to those that can use it to in Asia as well as connecting with national – Carer responsibilities at the 2020 drive impact; contribute to key agendas, policy researchers focused on this area of research. Work and Family Researchers Network initiatives, and product development; expand Conference in New York in June and at global collaborative networks; engage with the CEPAR will also remain a very active member of the 2020 Australian Institute of Family community; and build research capacity and the Association of Pacific Rim Universities (APRU) Studies in Melbourne in June; capability to ensure CEPAR’s sustainability. Population Ageing Hub, having played a leading – Workplace ageing and age diversity at role in its establishment. the 2020 Australia and New Zealand ENGAGEMENT AND OUTREACH Academy of Management Conference Joint workshops and conferences with international collaborators will also support A number of events are planned in 2020 to in Perth in December; and the development of strong linkages. In 2020 stimulate discussion on the issue and raise – Cognitive ageing in collaboration with the these will include: community awareness; engage with industry, NHMRC Centre for Research Excellence in government and the global research community; Cognitive Health; • An international workshop on health and and raise the profile of the Centre. These include: ageing to be hosted in collaboration with • A research highlights conference as part Oxford University’s Health Economics • A policy dialogue focused on organisations of the celebrations for the 21st birthday of Research Centre on 31 March in the UK; and the mature workforce, to be hosted in the PATH Through Life Study; • A panel discussion on the Effective collaboration with the Australian National • Roundtables with stakeholders on the Management of an Age-Diverse Workforce University’s Centre for Applied topic of housing and ageing and during the Society for Industrial and Macroeconomic Analysis (CAMA) in the organisational behaviour and the mature Organisational Psychology conference in Crawford School of Public Policy in Canberra workforce; Austin Texas in April; in the latter part of the year; • CEPAR’s fortnightly seminar series on • The fifth annual conference of the • The annual Colloquium on Pensions pensions, retirement and ageing; and International Pension Research Association and Retirement Research on 7-8 December • Public talks featuring CEPAR personnel to be co-organised by CEPAR in collaboration in Sydney; and distinguished visitors. with Wharton, Netspar and Willis Towers • A Healthy Ageing Forum to be held in In addition, research briefs and fact sheets Watson and hosted by the OECD in Paris Sydney on 28 January; will be published on the following topics: in June; • Another workshop on Data Linkage for mature age labour force participation trends; • A workshop on addressing Population Ageing: Ageing Research, to be held in Canberra in Indigenous ageing; HR management practices; Institutional and Public Policy Innovation to the second half of the year in collaboration and life expectancy. be held on 28-29 June in Shanghai in with CAMA; collaboration with ShanghaiTech University; Distinguished visitors expected in 2020 include Professors Linda Duxbury (Carleton), Fabiola 1 This Activity Plan was formulated in December 2019. COVID-19 developments will inevitably mean considerable Gerpott (WHU-Otto Beisheim School of rearrangement, and cancellation or postponement, of Management), Jong-Wha Lee (Korea), Olivia S. various events and international visits. In some cases, events and meetings may take place through IT platforms. We will keep this under review as the year progresses. 9
Mitchell (Wharton) and Hannes Zacher (Leipzig); CEPAR Drs David Costanza (George Washington), Ulrike MENTORING RESEARCH Fasbender (Oxford Brookes), Florian Kunze The suite of mentoring programs developed by Research in 2020 will be advanced on a number of ANNUAL REPORT 2019 • ACTIVITY PLAN FOR 2020 (Konstanz) and Cort Rudolph (St Louis); and Senior CEPAR to engage ECRs, Higher Degree Research topics consistent with the four research streams Research Fellow Erik Hernæs (Ragnar Frisch (HDR) and undergraduate students will continue identified in the CEPAR Strategic Plan. Centre for Economic Research, Oslo). to be offered in 2020. A workshop will be Specifically, we will: organised in the latter part of the year offering Visiting PhD students and Early Career 1 Macro-demographic dynamics and CEPAR and non-CEPAR affiliated personnel the Researchers (ECRs) include Rick Laguerre population ageing policy opportunity to learn state-of-the-art techniques (Connecticut), Amadeus Malisa (Jonkoping), from an international leader in quantitative Submit projections of Indigenous population Adriana Ocejo Mong (North Carolina), and ageing manuscript methods. The Stakeholder Engagement Program Zhen Wang (Fudan). will equip researchers with the skills necessary Complete projections of the ageing of the Our researchers will also promote the Centre to effectively engage with stakeholders and Australian population by birthplace and submit and its research during international visits. communicate social science research. The CEPAR manuscript For example, Anstey will visit the Centre for Industry and Government Fellowship Scheme will Progress small-area population Research in Ageing and Cognitive Health at provide career development opportunities for projections project the University of Exeter; McKibbin will visit the members of CEPAR and its partner organisations Initiate FEM microsimulation model for Australia Brookings Institution periodically throughout as well as strengthen collaborative links. An 2020 and discuss CEPAR research at the World academic exchange program will offer ECRs the Complete and submit for publication research Bank and the International Monetary Fund; Peter opportunity to spend extended periods of time paper ‘Sustainable and Equitable Pensions with McDonald will visit the Vienna Institute of at other nodes or CEPAR partner institutions to Means Testing in Aging Economies’ Demography, investigate international advance the research program, expand their Initiate research on a project on the interaction collaboration on NTA accounts, and progress collaborations with Partner Investigators (PIs) between housing decisions and the age pension international collaboration on the ageing of or Associate Investigators (AIs) and to build their in an overlapping generations (OLG) framework Indigenous populations in Canada, New Zealand, research networks. CEPAR will continue to Continue development of the G-Cubed model the US and Australia; Michael Sherris will present support the Emerging Researchers in Ageing with data update including new GTAP10 data and to meetings of the International Actuarial program. Summer scholarships will be offered implement a Gertler (1997) four generation of Association Mortality Working Group and to undergraduate students to offer a taste of life cohorts into the new model the Living to 100 Symposium in Orlando in in a research centre. January 2020, and John Piggott will participate Continue testing model properties comparing In addition, CEPAR will offer the very successful Blanchard Yaari implementation from the new in meetings of the US National Academy of Future Leaders in Ageing Program again in 2020. model with the proposed four cohort Gertler model Medicine’s International Commission on Creating a Global Roadmap for Healthy Longevity in Tokyo Finalise special issue of the Journal of Population in June and Geneva in July. Research on Demographic Change and Intergenerational Equity Investigate international collaboration on NTA accounts. 10
CEPAR 2 Decision making, expectations Prepare manuscript on cognitive ageing Initiate a healthy ageing research topic and cognitive ageing
ANNUAL REPORT 2019 • ACTIVITY PLAN FOR 2020 Launch fact sheet on HR management practices Investigate social gradient in subnational life Complete data collection for the PATH 40s cohort expectancy in Australia and clean and prepare data Pilot materials for age bias research Continue to work on developing and comparing Collect data for research examining age bias in Commence data collection for the PATH 60s cohort retirement income products, e.g. with simulated hiring practices cash flows based on financial, environmental, Continue to analyse decision making and ageing, social and corporate governance factors with and identifying typologies of decision making Prepare manuscript exploring care responsibilities actuarial models (cohort) for Australia and using existing PATH data using the data from the cross-sectional survey of Australian workers incorporating recent developments in data Analyse decision making in relation to driving analytics and machine learning safety using existing data Conduct policy audits in participating organisations. Continue to work on optimal design of health Evaluate personality in relation to decision and aged care insurance products making using the PATH data and identify other 4 Sustainable wellbeing in later life Continue to work on the design of long-term care psychosocial factors that are associated with Continue to analyse different approaches for (LTC) insurance, cost to government expenditures decision making in the PATH study, including incorporating systematic trends in mortality into and assess the impact of the design of private LTC social relationships, social networks, financial multiple state models and linking models of insurance on public expenditures using Australian hardship, health and cognitive function heterogeneity with models of functional disability data to model functional disability incorporating using Australian and/or US data Pilot a new assessment of shared systematic trends and uncertainty decision making Complete the simulation models for life Extend work on the impact of alternative expectancy in patients with type 1 diabetes Complete a literature review to inform the information formats for superannuation balances development of online training modules aimed at Produce estimates of health poverty for Australia to guide decumulation decisions mitigating age-related bias among government for public dissemination Extend research focused on the role of home and public service decision makers Develop a framework for using evidence purchase as a trigger for superannuation Evaluate expectations of ageing in relation to promote healthy ageing by reducing engagement by unpacking different responses to other health and psychosocial outcomes cardiovascular disease among Indigenous from homeowners and investors in the context of in the PATH study Australians mental accounting Apply the consumer typing algorithm developed Quantify trends in health inequalities using a Field a discrete choice experiment of reverse in project 2.4 to new markets, such as ‘top incomes’ approach mortgage decisions to better understand reverse superannuation, health insurance, and choice mortgage demand in Australia. experiments. This will allow for violations of Investigate the impact of peri-surgical opioid rational choice theory, and for welfare analysis to use on chronic opioid use be conducted in more realistic environments. Complete CHAMP Wave 5 data collection by In addition, we will continue to focus on building 3 Organisations and the mature workforce June and commence data analysis cross-stream collaboration through workshops and joint projects and work closely with our Collect baseline organisation data using Publish papers on social determinants of MWOS from participating organisations successful ageing, including papers on: partner organisations, especially through the socioeconomic status and mortality, home Stakeholder Reference Groups, to enhance Collect follow up data from one of the ownership and mental health and risk factors collaboration and facilitate access to data participating organisations for driving cessation and other resources. Launch online dashboard for presenting survey Work on papers using combined data from CHAMP, responses to participating organisations PATH and ALSWH Prepare manuscript for the systematic review Examine program substitution between pension of existing work design research in the context programs and disability programs in light of of an ageing workforce changes in pension access age CEPAR ANNUAL REPORT 2019 • RESEARCH 11
& STRUCTURE GOVERNANCE GOVERNANCE 1 SECTION GOVERNANCE
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CEPAR Our governance structure is designed to ensure programs, their implementation, and the the efficient operation of the Centre, maximise dissemination of research outcomes. In addition, ANNUAL REPORT 2019 • GOVERNANCE performance and support strategic planning. Stakeholder Reference Groups (SRGs) facilitate stakeholder interaction and provide opportunities At its core are the Management Committee and for end users to shape the direction of the the Centre Management Team, which are Centre’s research program and activities. responsible for the execution of Centre activities. Three external committees support strategic development as well as engagement between researchers, industry and government. The International Scientific Advisory Committee, Centre Advisory Board and the Leaders’ Forum provide the Management Committee with external perspectives on the formulation of research
CEPAR ORGANISATIONAL CHART
INTERNATIONAL MANAGEMENT ADVISORY SCIENTIFIC ADVISORY LEADERS’ FORUM COMMITTEE BOARD COMMITTEE
RESEARCH TRANSLATION MENTORING RESEARCH & OUTREACH SUBCOMMITTEE SUBCOMMITTEE SUBCOMMITTEE
1 Macro-demographic 2 Decision making, 3 Organisations 4 Sustainable dynamics & population expectation & & the mature wellbeing in ageing policy cognitive ageing workforce later life
STAKEHOLDER REFERENCE GROUPS 13
Carol Ryff, Professor of Psychology and CEPAR INTERNATIONAL SCIENTIFIC Director of Institute on Aging, University of ADVISORY BOARD ADVISORY COMMITTEE Wisconsin-Madison The Advisory Board plays a critical role in ANNUAL REPORT 2019 • GOVERNANCE The International Scientific Advisory Committee, supporting the realisation of the Centre’s Yasuhiko Saito, Professor, Nihon University comprising international leaders in the area of goals by providing an external perspective population ageing, provides advice on the Merril Silverstein, Marjorie Cantor Chair in Aging on the formulation of research programs, strategic direction of the Centre from a global Studies, Syracuse University their implementation, and strategies for the perspective, with emphasis on research translation of research findings to effectively James P. Smith, Distinguished Chair in programs. Drawn from a range of fields, influence economic and social policy, business Labor Markets and Demographic Studies, reflecting the Centre’s multidisciplinary nature, practice, and community understanding. RAND Corporation and with influential positions in academe and It facilitates two-way engagement between policy, members of the Committee will also Ursula Staudinger, Director, Robert N Butler stakeholders and researchers and provides identify and facilitate linkage opportunities Columbia Aging Centre and Professor of independent advice to the Management as well as act as ambassadors for the Centre, Sociomedical Sciences and Professor of Committee with regard to strategy and actively building its global profile. Psychology, Columbia University external relations, as well as new opportunities for engagement. The International Scientific Advisory Mo Wang, Professor and Director of the Human Committee comprises: Resource Research Centre, University of Florida The Board comprises delegates of organisations providing financial support to CEPAR, along with Richard Blundell, Professor of Political Economy, a broader membership representing research, University College London, and Director, ESRC policy and community groups. Members are Centre for the Microeconomic Analysis of Public appointed by the Director in consultation with Policy, Institute for Fiscal Studies the Chair and Management Committee, for a Eileen Crimmins, Professor of Gerontology, term of three years. University of Southern California, and Director, In 2019, the Board met as a group on 28 March USC/UCLA Centre for Biodemography and and 23 August. Both meetings focused on Population Health engagement, research translation, dissemination Cai Fang, Professor of Economics and Deputy and profile-raising, with members providing Director, Chinese Academy of Social Sciences extremely valuable advice, particularly on how CEPAR could better utilise stakeholder networks Sarah Harper, Professor of Gerontology, for the dissemination of information, research University of Oxford, and Co-Director, Oxford and insights. Institute of Ageing As well as the formal meetings, the Director and Ayse Imrohoroglu, Professor of Finance Chair met bilaterally with individual members on a and Business Economics, USC Marshall School number of occasions to discuss particular issues. of Business
Ron Lee, Professor Emeritus of Economics and Demography, University of California, Berkeley GOVERNANCE
14 CEPAR 2019 ADVISORY BOARD MEMBERS ANNUAL REPORT 2019 • GOVERNANCE MARC DE CURE Chair MICHELLE BAXTER Chief Executive Officer, Safe Work Australia SARAH BUTLER NSW Government Leader and Global and Australia Health Services Leader, PricewaterhouseCoopers DAVID GRUEN then Deputy Secretary, Economic, Department of the Prime Minister and Cabinet ROBERT JEREMENKO Head, Retirement Income Policy Division, Commonwealth Treasury GEOFF LLOYD Chief Executive Officer, MLC Wealth MARGOT MCCARTHY Deputy Secretary, Ageing and Aged Care Group, Department of Health PIP O’KEEFE Practice Manager, Social Protection and Jobs Global Practice, East Asia and Pacific, World Bank Group MICHAEL ORSZAG Head of Global Research, Willis Towers Watson THE HON DR KAY PATTERSON AO Age Discrimination Commissioner, Australian Human Rights Commission JOHN SIMON Head, Economic Research Department, Reserve Bank of Australia LINDA SWAN Chief Medical Officer, Medibank STEPHEN WALTERS Chief Economist, Macroeconomic Analysis Research & Strategy Division, NSW Treasury IAN YATES AM Chief Executive, Council on the Ageing
In addition, representatives of the Department of Social Services participated in Advisory Board meetings.
MARC DE CURE Marc de Cure has long recognised the social Marc has been a non-executive company director BCom (Hons) UNSW, MWine and economic significance of demographic and senior executive in financial and professional Quality UWS, FCA change and the need to undertake and promulgate services groups across Australasia and Europe. CHAIR, ADVISORY BOARD research to inform government policy, social He was AIA Group’s Executive Vice President & awareness and commercial responses. He played CFO and AMP Group’s CFO, Executive General a key role in establishing CEPAR and provides critical Manager Strategy and Executive Director of its input to the development of the Centre’s ongoing main operating entities. strategy, and engagement activities. He has chaired In professional services Marc was a senior Partner both the Advisory Board and the Leaders’ Forum with PwC, including Chair of its Australian Financial since inception. Services practice and Managing Partner of its Asia Marc has been a member of the Business Advisory Pacific Risk Management practice, and was also a Council of the UNSW Business School since 2001 and Principal Advisor with Bain & Company. was appointed as an Adjunct Professor at the UNSW Business School in 2015. He holds a Bachelor of Commerce (Honours) from UNSW, a Master of Wine Quality from UWS and is a Fellow of the Institute of Chartered Accountants in Australia. 15 CEPAR CEPAR EX-OFFICIO REPRESENTATIVES MANAGEMENT COMMITTEE ON THE ADVISORY BOARD The Management Committee, together with ANNUAL REPORT 2019 • GOVERNANCE ANNE GORDON Director of Operations the Centre Director, has overall responsibility for Centre performance and for ensuring that the WARWICK MCKIBBIN Director of Policy Centre’s activities are conducted in accordance Engagement with the Funding Agreement between UNSW JOHN PIGGOTT Director Sydney and the ARC. Its role is to oversee all operational matters, including budget MICHAEL SHERRIS Director of Industry management, approval of specific major Engagement programs, staffing, approval of visitors and organisation of workshops. In strategic planning, the Committee seeks high level advice from the STAKEHOLDER REFERENCE GROUPS Centre Advisory Board, International Scientific Advisory Committee and Leaders’ Forum. The role of the Stakeholder Reference Groups (SRGs) is to facilitate stakeholder interaction The Committee is chaired by Chief Investigator with CEPAR researchers and promote research Alan Woodland and comprises: translation and knowledge transfer. SRGs also provide opportunities for end users to shape the JOHN PIGGOTT Centre Director direction of the Centre’s research program and activities. Membership comprises the Stream KAARIN ANSTEY Deputy Director and Chief Investigator Leader (as Chair), the Stream Coordinator, the HAZEL BATEMAN Deputy Director, Chief Investigator and leaders of each of the Stream’s projects (or their University of New South Wales Node Leader nominees), representatives of CEPAR’s partner organisations plus additional members drawn ROBERT CUMMING Chief Investigator and University of Sydney Node Leader from business, government and community ANNE GORDON Director of Operations circles as appropriate. PETER MCDONALD Chief Investigator and University of Melbourne Node Leader In 2019, three of the four Research Streams held their annual meetings. The meetings WARWICK MCKIBBIN Chief Investigator and Australian National University Node Leader provided an opportunity to review research SHARON PARKER Chief Investigator and Curtin University Node Leader output over the previous 12 months, identify opportunities and research gaps, and set goals for the next 12 months. In 2019, the Committee met on 20 March, 26 June, 10 September and 25 Schedule of meetings: November. Consultation also took place via email and teleconferencing and a number of informal meetings were held to handle research Stream 1 SRG: 28 October 2019 management decision making tasks. Stream 2 SRG: 5 December 2019 Stream 3 SRG: 14 October 2019 Stream 4 SRG: to be held on 21 February 2020 GOVERNANCE
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CEPAR The Management Committee is supported by and Events Coordinator. The subcommittee met EQUITY AND DIVERSITY PLANNING three subcommittees: on 16 April, 9 July and 12 November 2019. CEPAR is committed to equity, diversity and ANNUAL REPORT 2019 • GOVERNANCE inclusion (EDI) in the workplace and has RESEARCH SUBCOMMITTEE developed an Equity Plan outlining how Chaired by the Centre Director, the committee CENTRE ADMINISTRATION AND OPERATION CEPAR supports these concepts in practice. comprises all the Chief Investigators, the Stream Since its formal establishment on the 28th of Coordinators, the Director of Operations and the September 2017, CEPAR has made significant The document Equity and Diversity at CEPAR: Senior Administrative Officer (Research and inroads in the development of the organisational Principles, Policy and Practice positions CEPAR Mentoring Support). In 2019, the subcommittee framework necessary to effectively administer as an equal opportunity employer committed to met on 30 April, 14 August and 20 November. and optimise the achievements of the Centre. the principles of cultural diversity, disability In addition, members of the research committee Progress has been made in the six key domains inclusion, gender equality, and LGBTIQ inclusion. participated in CEPAR’s two-day annual workshop prescribed by the Australian Research Council in It is supported by workplace and diversity on the 29th – 30th October which included Chief the Funding Agreement: policies, as well as codes of conduct, in place Investigator led strategic planning sessions at each of its collaborating universities. STRATEGIC PLANNING focused on multidisciplinary collaboration, CEPAR’s Strategic Plan is a living document In addition, it sets out CEPAR-specific policies national and international linkages, stakeholder shaped by ongoing consultation with a wide and practices designed to engender a culture of engagement, research capacity building and range of CEPAR personnel and its stakeholders. equity and diversity, to further support equity and visibility and profile. It is augmented and revised as new opportunities diversity within the Centre. These position the MENTORING SUBCOMMITTEE emerge, thus providing a roadmap and a structure Centre as a flexible and family-friendly work The subcommittee comprises the two Directors that will assist CEPAR to continue to strive for environment. The document has been circulated of Mentoring, Sharon Parker and Marian Baird, the excellence in population ageing research and to all CEPAR personnel, is available online on the Centre Director, the Director of Operations and enable it to achieve its full potential. CEPAR website, and is included in induction packs Emerging Researchers in Ageing (ERA) for new staff and students. representative Matthew Carroll. In addition, The strategic planning process involves regularly the Centre’s mid-career researchers were reviewing our progress towards fulfilling our In 2019, the CEPAR Management Committee represented by Daniela Andrei, George Kudrna objectives and vision for the Centre and approved the implementation of a number of new and Ruth Peters; early career researchers were discussing strategies for success to ensure initiatives designed to strengthen EDI in the represented by Inka Eberhardt, Sophie Yan and the Centre is positioned to make the most of its Centre. These included: capabilities and the opportunity provided by the Natasha Ginnivan; and PhD students were • the appointment of Professor Marian Baird collaborating universities, partners and the represented by Cheng Wan and Md Mijanur as Interim Director of EDI who will lead a Australian Research Council. Rahman. The subcommittee, chaired by Centre-wide network focused on supporting Ruth Peters met on 25 March, 23 July and In 2019, discussions have taken place at and enhancing EDI at CEPAR; 23 October 2019. meetings of the Advisory Board, Management • the launch of a survey of CEPAR personnel RESEARCH TRANSLATION AND Committee and its subcommittees, as well as designed to better understand the OUTREACH SUBCOMMITTEE at CEPAR’s annual workshop in October. A report experiences of our members and provide The subcommittee was chaired this year by the prepared by the CEPAR International Scientific indications of what actions need to be Director of Industry Engagement, Michael Sherris, Advisory Committee (ISAC) also provided taken to enhance EDI; and comprises the Director of Policy Engagement, extremely valuable input and a subsequent • creation of the role of ‘CEPAR EDI Champion’ Warwick McKibbin, the Centre Director, Deputy videoconference held in December, involving with the aim of having at least one at each Director and Chief Investigator, Hazel Bateman, keys members of ISAC and CEPAR, explored the node. Champions will promote EDI at their the Director of Operations, the Senior Research Committee’s recommendations for new research node; make suggestions for improvement of Fellow – Research Translation, the Senior directions, international collaborations and the CEPAR policy; and be part of the network Administrative Officer (Stakeholder Relations and profile raising. convened by the Director; Governance), and the Communications, Marketing 17 CEPAR • the establishment of a pool of funds, Importantly, each of the nodes has a to be accessed via application, for meeting designated Node Leader who serves on the expenses related to CEPAR personnel’s child Centre Management Committee, and the ANNUAL REPORT 2019 • GOVERNANCE and elder care obligations to support Leadership team includes key positions based attendance at CEPAR workshops and at the Australian National University (Director of conferences; Policy Engagement), Curtin University (Director • embedding EDI principles in CEPAR leadership of Mentoring – Mid-Career Researchers), the and other research training and mentoring University of Sydney (Director of Mentoring – programs; and Emerging Researchers and Director of Equity, • compiling a central list of EDI focused Diversion and Inclusion) and UNSW Sydney workshops available at each node for (Director and Deputy Directors, Director of circulation among CEPAR personnel. Industry Engagement). Stream Leaders are based at the University of Melbourne, Curtin DISCRETIONARY FUNDING University and UNSW Sydney. CEPAR has set aside discretionary funds to support a number of schemes, including a MENTORING AND PROFESSIONAL DEVELOPMENT Distinguished Visitors Program, an International The Centre has developed a suite of programs Conference Travel Scheme for HDR students, and designed to achieve its objective of creating new an HDR and ECR Travel Grant Scheme to support researcher cohorts devoted to ageing research, extended visits to other nodes and affiliated trained in cross-disciplinary skills, with the ability institutions for the purpose of research to engage with and respond to the needs of end collaboration. users. The programs, which are tailored to students, postdoctoral researchers and CENTRE COHESION mid-career researchers, are outlined in the Strategies to support the cohesion of the Centre, Research Training and Mentoring Section on across nodes and disciplines, are embedded in pages 75 to 80. everything the Centre does. The governance framework and Centre structure are designed RESEARCH TRANSLATION, COMMUNICATION, to ensure that personnel from all five nodes EDUCATION AND OUTREACH participate in the decision making of the Centre; The CEPAR Research Translation, Communication, that partners have an opportunity to shape the Education and Outreach Plan outlines a range of direction of the research program and activities initiatives designed to translate Centre research, through membership of the Advisory Board and enhance the Centre’s profile and address Stakeholder Reference Groups; and that stakeholder needs. The plan is reviewed annually. researchers regularly come together to discuss Key to its development in 2019 were discussions and plan research across nodes and disciplines, at the CEPAR annual workshop, as well as at both informally through regular visits and meetings of the Advisory Board and the formally at Research Stream meetings and Management Committee and its three annual workshops. subcommittees. The Plan is embedded in the CEPAR Strategic Plan. In addition, a list of initiatives in this portfolio will be developed each year and included as an appendix to the Strategic Plan. STRUCTURE
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CEPAR CEPAR is based at the University of New South Portland State University Wales (UNSW Sydney) with nodes at the Australian PROGRAMS
ANNUAL REPORT 2019 • STRUCTURE Ragnar Frisch Centre for Economic Research National University (ANU), Curtin University, the The research program is organised into University of Melbourne and the University of four interconnected streams: Saint Louis University Sydney. It is strongly supported by a number of South China Agricultural University key government, industry and international Macro-Demographic Dynamics and Population Ageing Policy university partners. Tilburg University Decision Making, Expectations and Cognitive Université Libre de Bruxelles NODES Ageing University of Bern The UNSW Sydney node, led by Professor Hazel Organisations and the Mature Workforce Bateman, is hosted by the UNSW Business University of Duisburg-Essen School and includes teams of researchers Sustainable Wellbeing in Later Life University of Exeter based in the Business School and Neuroscience Research Australia. INTERNATIONAL UNIVERSITY PARTNERS University of Kent The ANU node is based in the Crawford School Our Partner Investigators are drawn from University of Leipzig of Public Policy under the leadership of three world-class research organisations: University of Oxford Professor Warwick McKibbin. The University of Manchester University of Parma Professor Sharon Parker leads the Curtin The Wharton School University node based in the Centre for University of St. Gallen Transformative Work Design. The University of Pennsylvania University of South Florida Professor Peter McDonald leads the University of Melbourne node, based in the School of Through our internationally based Associate University of Trieste Investigators and joint research initiatives Population and Global Health. University of Wuerzburg we are connected to the following key The University of Sydney node consists of teams research institutions: WHU – Otto Beisheim School of Management in the School of Public Health and the Business School. Professor Robert Cumming leads the College of William and Mary Zhejiang University University of Sydney node. Colorado State University All 12 Chief Investigators (CIs) and many of the CPB Netherlands Bureau of Economic Policy Centre’s Associate Investigators (AIs) are based Analysis at one of the five nodes. Within Australia, Associate Investigators are also based at Durham University Macquarie University, National Seniors Australia, Dutch Central Bank the University of Newcastle, and the University of Technology Sydney. Industry-based AIs are based Korea University at First State Super, Pacific Life Re and Taylor Fry. National Institute of Public Finance and Policy, New Delhi Netspar Newcastle University (UK) Northern Illinois University 19 CEPAR INDUSTRY AND GOVERNMENT PARTNERS CEPAR is actively engaged with a range of ANNUAL REPORT 2019 • STRUCTURE influential government and industry partners to cooperatively deliver outcomes to meet the challenges and opportunities of population ageing. These include: Australian Human Rights Commission Department of Foreign Affairs and Trade Department of Health Department of Social Services Medibank MLC Wealth NSW Treasury PricewaterhouseCoopers Reserve Bank of Australia Safe Work Australia The Treasury The World Bank Willis Towers Watson
In addition, the Centre is supported by Research Attraction and Acceleration Program (RAAP) funding from the NSW Department of Industry. CENTRE PERSONNEL
20 CHIEF INVESTIGATORS CEPAR ANNUAL REPORT 2019 • CHIEF INVESTIGATORS
SCIENTIA PROFESSOR JOHN PIGGOTT PROFESSOR KAARIN J. ANSTEY PROFESSOR HAZEL BATEMAN BA Syd., MSc PhD Lond., FASSA BA (Hons) Syd., PhD Qld., FASSA, FAPS BEc (Hons) Qld., PhD UNSW, GAICD CENTRE DIRECTOR CHIEF INVESTIGATOR AND DEPUTY DIRECTOR CHIEF INVESTIGATOR, DEPUTY DIRECTOR AND UNSW SYDNEY NODE LEADER John Piggott is Scientia Professor of Economics in Kaarin Anstey is Director of the UNSW Sydney the UNSW Business School. Ageing Futures Institute focused on enabling Hazel Bateman is a Professor of Economics in the optimal ageing for individuals and society and UNSW School of Risk and Actuarial Studies. He has published widely on issues in retirement Senior Principal Research Scientist at and pension economics and finance, and in public Hazel researches consumer financial decision Neuroscience Research Australia (NeuRA). finance, and his research has appeared in the making especially as it relates to retirement She also leads an NHMRC Centre of Research leading international economics and actuarial accumulation and decumulation. In particular, her Excellence in Cognitive Health and is a director academic journals as well as in highly cited work focuses on interventions to facilitate better of the NHMRC Dementia Centre for Research conference volumes. retirement financial decisions; retirement product Collaboration. design in Australia and China; and the taxation His national policy experience includes Kaarin’s research programs focus on the causes, and regulation of pension and superannuation membership of both the Henry Tax Review Panel consequences and prevention of cognitive funds. (2008-2009) and the Australian Ministerial ageing, dementia, and common mental disorders Superannuation Advisory Committee (2007-2011). She is the author of over 70 peer-reviewed in adulthood. A second focus is on older drivers’ Internationally, he worked with the Japanese publications and book chapters and has been risk assessment and safety. Kaarin has worked government for nearly a decade from 1999 on Chief Investigator on over a dozen ARC funded extensively with longitudinal studies, and since pension and population ageing issues. In 2004, projects. Hazel has consulted on retirement 2006 has led the PATH Through Life Project, a he was tasked with evaluating World Bank income issues to international organisations large cohort study focusing on common mental assistance on pension reform in the Asian region including the OECD, the World Bank, the Social disorders and cognitive function, based in the for the Bank’s Operations Evaluation Department. Insurance Administration (China) and the Korean ACT and surrounding regions. In 2007 he was appointed Visiting Professor at Institute of Health and Social Affairs. She is a Zhejiang University in China, an ongoing Kaarin is the Chair of the International Research member of Netspar’s Scientific Council, the appointment, and was previously a Visiting Network on Dementia Prevention, a Director of Steering Committee of the Melbourne Mercer Scholar at the Wharton School of Business. the Board of the Dementia Australia Research Global Pension Index and the China Ageing In 2018, he was awarded a Rockefeller Residency Foundation, a member of the World Health Finance Forum. She is an editor of the Journal of to work on issues in population ageing and Organisation Group developing guidelines for risk Pension Economics and Finance and inaugural inequality. In 2019, he was appointed as co-chair reduction of cognitive decline and dementia, and President of the International Pension Research of the G20 Population Ageing Task Force, and as a a member of the Governance Committee of the Association (IPRA). commissioner on the US National Academy of Global Council on Brain Health. Medicine on Healthy Longevity.
21 CEPAR ANNUAL REPORT 2019 • CHIEF INVESTIGATORS
PROFESSOR MARIAN BAIRD AO PROFESSOR PHILIP CLARKE PROFESSOR ROBERT CUMMING BEc (Hons) DipEd PhD Syd., FASSA BEc N’cle (Aust), MEc Syd., PhD ANU, FASSA MBBS UNSW, MPH PhD Syd. CHIEF INVESTIGATOR, DIRECTOR OF MENTORING CHIEF INVESTIGATOR CHIEF INVESTIGATOR AND (EMERGING RESEARCHERS) AND UNIVERSITY OF SYDNEY NODE LEADER Philip Clarke is Director of the Health Economics INTERIM DIRECTOR OF EDI Research Centre at the University of Oxford, UK. Robert Cumming is Professor of Epidemiology Marian Baird is Professor of Gender and Formerly, he was the Director of the Centre for and Geriatric Medicine at the University of Sydney. Employment Relations, Head of the Discipline of Health Policy at the University of Melbourne and He shares his time between the School of Public Work and Organisational Studies, and Co-Director continues to maintain a fractional appointment Health at the University of Sydney and the Centre of the Women, Work and Leadership Research with the Centre and strong links with the CEPAR for Education and Research on Ageing (CERA) at Group in the University of Sydney Business research team based there. Concord Hospital. School. She is also a Presiding Pro-Chancellor of He has contributed to health economic policy He has an international reputation for his the University of Sydney. debates in Australia, particularly around the research on osteoporosis, falls and fractures. In 2019 she was named in Apolitical’s Top 100 pricing of generic pharmaceuticals and more His research on falls prevention in older people Most Influential People in Gender Equality list for recently the need for better statistics on has had major impact on policy and practice in the second year in a row. She was awarded an AO outcomes and cost in the Australian system. this important field. Much of his research brings in 2016 for outstanding services to improving the His research interests include developing together biological, psychosocial and medical quality of women’s working lives and for methods to value the benefits of improving aspects of ageing. In recent years he has contributions to tertiary education. She is one of access to health care, health inequalities and extended his work to the study of ageing and Australia’s leading researchers in the fields of the use of simulation models in health economic health in developing countries in Asia and women, work and family. Marian has received evaluation. Philip has been involved in the sub-Saharan Africa. numerous grants from business and government development of the UKPDS Outcomes Model, He is a member of the Australian Institute to study gender equitable organisational change a health economic simulation model for type 2 of Health and Welfare’s National Arthritis and and work and family policy. She has contributed diabetes. He has also undertaken policy relevant Musculoskeletal Conditions Monitoring Advisory to a number of government advisory boards and research for the World Bank, OECD, AusAID and the Group and serves on the editorial board of the reference groups relating to parental leave, Department of Health. He has over 80 peer- International Journal of Epidemiology. He is a gender equity and sexual harassment in the reviewed publications and has recently Life Member of the Australasian workplace. In 2017 Marian and colleagues edited contributed to books on cost-effectiveness Epidemiological Association. a ground-breaking book, Women, Work and Care analysis and cost-benefit analysis published in the Asia Pacific. by Oxford University Press.
CENTRE PERSONNEL
22 CHIEF INVESTIGATORS CEPAR ANNUAL REPORT 2019 • CHIEF INVESTIGATORS
PROFESSOR MICHAEL KEANE PROFESSOR PETER MCDONALD AM PROFESSOR WARWICK MCKIBBIN AO BS MIT, MA PhD Brown, FES, FASSA BCom UNSW, PhD ANU, FASSA BCom (Hons) UNSW, CHIEF INVESTIGATOR CHIEF INVESTIGATOR AND AM PhD Harvard University, FASSA UNIVERSITY OF MELBOURNE NODE LEADER CHIEF INVESTIGATOR AND Michael Keane is an Australian Laureate Fellow DIRECTOR OF POLICY ENGAGEMENT and Professor of Economics in the UNSW Business Peter McDonald is Professor of Demography School. within the Centre for Health Policy at the Warwick McKibbin is a Vice Chancellor’s Chair University of Melbourne. in Public Policy and is Director of the Centre for Several independent sources have placed Michael Applied Macroeconomic Analysis in the Crawford Keane among the top economists internationally He was President of the International Union for School of Public Policy at the Australian National in terms of citations and the impact of his work. the Scientific Study of Population for the years, University. He is also a non-resident Senior Fellow Recently he was ranked as top economist in the 2010-2013. In 2015, he received the Irene B. at the Brookings Institution in Washington D.C. 1990 PhD cohort by Research Papers in Economics Taueber Award from the Population Association (RePEc). He is considered to be a world leader in of America which recognises an unusually original He is internationally renowned for his choice modelling and his expertise is sought both or important contribution to the scientific study contributions to global economic modelling and nationally and internationally. In 2009 he prepared of population. He is frequently consulted on the the theory of monetary policy. He has published a report on tax transfers and labour supply for the issue of population futures (causes, more than 200 peer-reviewed academic papers Australian Treasury’s Commission on Australia’s consequences and policies) by governments and five books and is a regular commentator in Future Tax System. He has been a visiting scholar around the world, especially in Australia, Europe the popular press. He has a wide range of policy at the International Monetary Fund at various and East Asia. experience. He has been a member of the Board of times throughout his career. the Reserve Bank of Australia (2001 – 2011); In 2008, he was appointed as a Member of the the Prime Minister’s Science, Engineering and He was elected a Fellow of the Econometric Order of Australia. He is an inaugural ANU Public Innovation Council (2005-2008); and the Advisory Society in 2005 and in 2018 was elected to the Policy Fellow and in 2014 was a member of the Board of the Prime Minister’s Taskforce into Econometric Society Council. He won the Kenneth Independent Review into Integrity in the Subclass Housing Affordability (2002-2003). Arrow Award in 2008, was named an Australian 457 Programme. He has worked previously at the Federation Fellow in 2005 and was awarded an Australian National University, the Australian He regularly advises international institutions, Australian Laureate Fellowship in 2011. He is an Institute of Family Studies, the World Fertility central banks, governments and corporations Associate Editor of the Journal of Econometrics Survey and the University of Indonesia. across a range of developed and emerging and Quantitative Marketing and Economics. economies. Warwick serves on the Editorial/Advisory Boards of China & World Economy, Japan and the World
Economy, and Asian Economic Papers.
23 CEPAR ANNUAL REPORT 2019 • CHIEF INVESTIGATORS
PROFESSOR SHARON K. PARKER PROFESSOR MICHAEL SHERRIS SCIENTIA PROFESSOR ALAN WOODLAND BSc (Hons) UWA, PhD Sheffield, FASSA BA Macq., MBA Syd., FIA, FIAA, FSA BA PhD UNE, FASSA, FES CHIEF INVESTIGATOR, CURTIN UNIVERSITY NODE CHIEF INVESTIGATOR AND DIRECTOR CHIEF INVESTIGATOR LEADER AND DIRECTOR OF MENTORING OF INDUSTRY ENGAGEMENT Alan Woodland is Scientia Professor of Economics (MID-CAREER RESEARCHERS) Michael Sherris is a Professor of Actuarial Studies in in the School of Economics within the UNSW Sharon K. Parker is an ARC Laureate Fellow and a the UNSW Business School. His research sits at the Business School. Professor at the Centre for Transformative Work intersection of actuarial science and financial Alan’s primary research interests and Design within the Future of Work Institute at the economics and has attracted a number of publications are in the areas of international Curtin Business School, Curtin University. international and Australian best paper awards. trade theory, applied econometrics and He has published in leading international risk and Sharon’s research focuses particularly on job and population ageing. He has published in leading actuarial studies journals, including Journal of Risk work design, and she is also interested in employee journals including Econometrica, Review of and Insurance, Insurance: Mathematics and performance and development. She has attracted Economic Studies, Journal of Econometrics, Economics, Scandinavian Actuarial Journal, ASTIN competitive research funding worth over Journal of International Economics and the Bulletin, Journal of Economic Dynamics and Control, $40,000,000, has published 100 academic articles, Journal of Economic Dynamics and Control. North American Actuarial Journal and Geneva Papers and is the author of a SAGE book on work design and on Risk and Insurance. He is on the editorial board of He is the recipient of the Distinguished a recent Routledge book on proactive behaviour. the Annals of Actuarial Science and is a co-editor of Economist Award of the Economics Society of Sharon is a recipient of the ARC’s Kathleen the North American Actuarial Journal. Australia. He is an Associate Editor of the Review Fitzpatrick Award and the Academy of of International Economics, a past editor of the Prior to becoming an academic he worked in the Management OB Division Mentoring Award and is a Economic Record, and is currently on the editorial banking and finance industry. He has been an Fellow of the Society for Industrial and boards of the International Journal of Economic active member of the Australian actuarial Organisational Psychology. She also helped to Theory and the Economic Record. Alan has been profession having served on the Council of the develop the Good Work Design principles now a Reserve Bank of Australia Fellow in Economic Institute of Actuaries of Australia. He was used by Safe Work Australia and Comcare to Policy and a Senior Fulbright Fellow. President (2008-2009) of the Asia Pacific Risk and foster the improved quality of work within He is also on the scientific boards of the European Insurance Association and a Board and Executive Australian organisations. Trade Study Group (ETSG), Asia Pacific Trade Member of the Enterprise Risk Management Seminars (APTS), Australasian Trade Workshop Sharon is an Associate Editor for the Academy of Institute International. He was Chair of the (ATW) and the Dynamics, Economic Growth, and Management Annals, a past Associate Editor of AFIR-ERM Section of the International Actuarial International Trade (DEGIT) Research Centre. the leading organisational psychology journal, Association until 2019. He was named Australian Journal of Applied Psychology, and has served on Actuary of the Year 2007 in recognition of his numerous editorial boards. contributions to actuarial research and education both internationally and within Australia. CENTRE PERSONNEL
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CEPAR Professor Ross Andel Dr Patrick Dunlop PARTNER INVESTIGATORS College of Behavioural and Community Sciences, Future of Work Institute ANNUAL REPORT 2019 • CENTRE PERSONNEL Professor Hanming Fang School of Aging Studies CURTIN UNIVERSITY UNIVERSITY OF SOUTH FLORIDA Department of Economics A/Professor Joanne Earl UNIVERSITY OF PENNSYLVANIA Professor Heather Booth Department of Psychology Professor Olivia S. Mitchell School of Demography MACQUARIE UNIVERSITY AUSTRALIAN NATIONAL UNIVERSITY The Wharton School A/Professor Christine Eckert UNIVERSITY OF PENNSYLVANIA Brooke Brady Marketing Department Professor James Nazroo UNSW Ageing Futures Institute UNIVERSITY OF TECHNOLOGY SYDNEY UNSW SYDNEY School of Social Sciences Professor Hans Fehr UNIVERSITY OF MANCHESTER Dr Richard Burns Department of Economics Centre for Research on Ageing, Health and Wellbeing UNIVERSITY OF WUERZBERG HONORARY PROFESSOR AUSTRALIAN NATIONAL UNIVERSITY Professor Denzil Fiebig Professor Robert Holzmann Professor Monika Bütler School of Economics AUSTRIAN ACADEMY OF SCIENCES Department of Economics UNSW SYDNEY UNIVERSITÄT ST. GALLEN Professor Lisa M. Finkelstein PROFESSORIAL FELLOW Professor Julie Byles Department of Psychology Professor John Beard Research Centre for Generational Health and Ageing NORTHERN ILLINOIS UNIVERSITY UNSW Business School THE UNIVERSITY OF NEWCASTLE, AUSTRALIA UNSW SYDNEY A/Professor Gwenith G. Fisher (FROM 3 JUNE 2019) Dr Elena Capatina Department of Psychology College of Business and Economics COLORADO STATE UNIVERSITY 2 AUSTRALIAN NATIONAL UNIVERSITY ASSOCIATE INVESTIGATORS Professor Marylène Gagné Professor Julie Agnew A/Professor Nicolas Cherbuin Future of Work Institute Mason School of Business Centre for Research on Ageing, Health and Wellbeing CURTIN UNIVERSITY COLLEGE OF WILLIAM AND MARY AUSTRALIAN NATIONAL UNIVERSITY Professor Fabiola H. Gerpott Dr Daniel Alai Professor Linda Clare WHU-OTTO BEISHEIM School of Mathematics, Statistics and Actuarial Sciences Centre for Research in Ageing and Cognitive Health SCHOOL OF MANAGEMENT UNIVERSITY OF EXETER UNIVERSITY OF KENT Dr Natasha Ginnivan Professor Jennifer Alonso García Professor Lindy Clemson The Kirby Institute and Department of Economics, Econometrics and Finance Ageing, Work and Health Research Unit UNSW Art & Design Faculty of Health Sciences UNIVERSITY OF GRONINGEN UNSW SYDNEY (UNTIL 31 OCTOBER 2019) UNIVERSITY OF SYDNEY Dr Cathy Gong AND A/Professor Loretti I. Dobrescu Centre for Research on Ageing, Health and Wellbeing Department of Mathematics School of Economics AUSTRALIAN NATIONAL UNIVERSITY UNIVERSITÉ LIBRE DE BRUXELLES UNSW SYDNEY (FROM 1 NOVEMBER 2019) Professor Alastair Gray Professor Emeritus Denise Doiron Health Economics Research Centre School of Economics UNIVERSITY OF OXFORD UNSW SYDNEY 2 Not all Associate Investigators were actively involved in the research program in 2019 25
Professor Robert Gregory Professor Carol Jagger Professor Andreas Müller CEPAR College of Business and Economics Population Health Science Institute Institute of Psychology, Work and AUSTRALIAN NATIONAL UNIVERSITY NEWCASTLE UNIVERSITY, UK Organisational Psychology ANNUAL REPORT 2019 • CENTRE PERSONNEL UNIVERSITY OF DUISBURG-ESSEN Professor Barbara Griffin Dr Kim Kiely Department of Psychology School of Psychology Professor Ben R. Newell MACQUARIE UNIVERSITY UNSW SYDNEY School of Psychology AND NEUROSCIENCE RESEARCH AUSTRALIA UNSW SYDNEY Dr Megan Gu Centre for the Health Economy A/Professor Dorien Kooij Professor Annamaria Olivieri MACQUARIE UNIVERSITY School of Social and Behavioural Sciences Department of Economics and Management (FROM 14 OCTOBER 2019) TILBURG UNIVERSITY UNIVERSITY OF PARMA
Dr Myra Hamilton Dr Cagri Kumru A/Professor Kate O’Loughlin Social Policy Research Centre Research School of Economics Ageing, Work and Health Research Unit, UNSW SYDNEY AUSTRALIAN NATIONAL UNIVERSITY Faculty of Health Sciences UNIVERSITY OF SYDNEY Dr Katja Hanewald Professor Jong-Wha Lee School of Risk and Actuarial Studies Economics Department Professor Andrew Palmer UNSW SYDNEY KOREA UNIVERSITY Menzies Institute for Medical Research (FROM 30 JUNE 2019) UNIVERSITY OF TASMANIA Dr Han Li AND Erik Hernæs Department of Actuarial Studies and Business Analytics School of Population and Global Health RAGNAR FRISCH CENTRE FOR ECONOMIC RESEARCH MACQUARIE UNIVERSITY UNIVERSITY OF MELBOURNE (FROM 30 AUGUST 2019) Alexandra Heron Dr Vanessa Loh The University of Sydney Business School The University of Sydney Business School Dr Collin Payne UNIVERSITY OF SYDNEY UNIVERSITY OF SYDNEY School of Demography Dr Vasant Hirani AUSTRALIAN NATIONAL UNIVERSITY Dr Simen Markussen (FROM 7 NOVEMBER 2019) School of Life and Environmental Sciences RAGNAR FRISCH CENTRE FOR ECONOMIC RESEARCH UNIVERSITY OF SYDNEY Dr Ruth Peters A/Professor Shiko Maruyama NEUROSCIENCE RESEARCH AUSTRALIA Professor Andreas Hirschi Economics Discipline Group Institute of Psychology UTS Business School Professor Ermanno Pitacco UNIVERSITY OF BERN THE UNIVERSITY OF TECHNOLOGY SYDNEY Faculty of Economics UNIVERSITY OF TRIESTE Dr Diane Hosking Dr Ramona Meyricke NATIONAL SENIORS AUSTRALIA SUNCORP Dr Cort W. Rudolph (UNTIL 6 NOVEMBER 2019) Department of Psychology A/Professor Rafat Hussain AND SAINT LOUIS UNIVERSITY Centre for Research on Ageing, Health and Wellbeing Taylor Fry AUSTRALIAN NATIONAL UNIVERSITY (FROM 7 NOVEMBER 2019) Dr Renuka Sane NATIONAL INSTITUTE OF PUBLIC FINANCE AND POLICY, A/Professor Fedor Iskhakov Dr Moyra Mortby NEW DELHI Research School of Economics School of Psychology AUSTRALIAN NATIONAL UNIVERSITY UNSW SYDNEY Professor Anthony Scott AND NEUROSCIENCE RESEARCH AUSTRALIA Melbourne Institute of Applied Economic and Social Research UNIVERSITY OF MELBOURNE CENTRE PERSONNEL
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CEPAR Dr Wenqiang (Adam) Shao Dr Pengyu Wei MILLIMAN Statistics and Actuarial Science SENIOR RESEARCH FELLOWS ANNUAL REPORT 2019 • CENTRE PERSONNEL (UNTIL 15 JUNE 2019) UNIVERSITY OF WATERLOO Rafal Chomik AND (FROM 1 NOVEMBER 2019) UNSW Business School PACIFIC LIFE RE UNSW SYDNEY (FROM 16 JUNE 2019) Professor Peter Whiteford Crawford School of Public Policy Dr George Kudrna Dr Yang Shen AUSTRALIAN NATIONAL UNIVERSITY UNSW Business School School of Risk and Actuarial Studies UNSW SYDNEY UNSW SYDNEY Dr Chia-Huei Wu (FROM 7 NOVEMBER 2019) Business School Dr Katja Hanewald DURHAM UNIVERSITY A/Professor Olena Stavrunova UNSW Business School Economics Discipline Group Dr Shang Wu UNSW SYDNEY UTS Business School (UNTIL 1 JULY 2019) FIRST STATE SUPER THE UNIVERSITY OF TECHNOLOGY SYDNEY Dr An Tran Dr Mingxu Yang Centre for Health Policy Dr Ralph Stevens Department of Labor and Social Security CPB NETHERLANDS BUREAU FOR UNIVERSITY OF MELBOURNE SOUTH CHINA AGRICULTURE UNIVERSITY ECONOMIC POLICY ANALYSIS Dr Vasoontara Yiengprugsawan Dr Vasoontara Yiengprugsawan Professor Lucy Taksa UNSW Business School Centre for Research on Ageing, Health and Wellbeing Centre for Workforce Futures UNSW SYDNEY AUSTRALIAN NATIONAL UNIVERSITY Macquarie Business School (FROM 1 FEBRUARY 2019) (UNTIL 31 JANUARY 2019) MACQUARIE UNIVERSITY (FROM 9 DECEMBER 2019) Professor Hannes Zacher SENIOR RESEARCH ASSOCIATES Dr Federica Teppa Department of Psychology Dr Yuanyuan Deng Economic and Research Division UNIVERSITY OF LEIPZIG UNSW Business School DE NEDERLANDSCHE BANK (DUTCH CENTRAL BANK) Professor Zhongwei Zhao UNSW SYDNEY Professor Susan Thorp School of Demography (ON PARENTAL LEAVE FROM 15 JULY 2019) The University of Sydney Business School AUSTRALIAN NATIONAL UNIVERSITY Dr Héloïse Labit Hardy UNIVERSITY OF SYDNEY Dr Jonathan Ziveyi UNSW Business School A/Professor Chung Tran School of Risk and Actuarial Studies UNSW SYDNEY Research School of Economics UNSW SYDNEY Dr Pengyu Wei AUSTRALIAN NATIONAL UNIVERSITY UNSW Business School Professor Donald Truxillo ASSOCIATE PROFESSOR UNSW SYDNEY (UNTIL 20 SEPTEMBER 2019) Department of Psychology OF ECONOMIC DEMOGRAPHY PORTLAND STATE UNIVERSITY A/Professor Jeromey Temple Dr Mengyi Xu Centre for Health Policy UNSW Business School Dr Iwu Utomo UNIVERSITY OF MELBOURNE UNSW SYDNEY School of Demography AUSTRALIAN NATIONAL UNIVERSITY Dr Sisi Yang PRINCIPAL RESEARCH FELLOW UNSW Business School Dr Andrés Villegas Dr Tom Wilson UNSW SYDNEY School of Risk and Actuarial Studies Medicine, Dentistry and Health Sciences UNSW SYDNEY UNIVERSITY OF MELBOURNE (FROM 16 MAY 2019) 27
Dr Miguel Olivo-Villabrille CEPAR RESEARCH FELLOWS UNSW Business School SENIOR RESEACH OFFICER Dr Daniela Andrei UNSW SYDNEY Shannon Chen ANNUAL REPORT 2019 • CENTRE PERSONNEL Centre for Transformative Work Design Centre for Transformative Work Design Future of Work Institute Dr Gretchen (Gigi) Petery Future of Work Institute Centre for Transformative Work Design CURTIN UNIVERSITY CURTIN UNIVERSITY Future of Work Institute (FROM 1 NOVEMBER 2019) Dr Andreea Constantin CURTIN UNIVERSITY The University of Sydney Business School Dr Christopher Schilling RESEARCH OFFICERS UNIVERSITY OF SYDNEY Melbourne School of Population and Global Health Lucinda Iles UNIVERSITY OF MELBOURNE Inka Eberhardt Centre for Transformative Work Design UNSW Business School Dr Akshay Shanker Future of Work Institute UNSW SYDNEY CURTIN UNIVERSITY UNSW Business School Dr Peyman Firouzi-Naeim UNSW SYDNEY Leah Zoszak (FROM 14 OCTOBER 2019) UNSW Business School Centre for Transformative Work Design UNSW SYDNEY (FROM 15 JULY 2019) Dr Craig Sinclair Future of Work Institute CURTIN UNIVERSITY NEUROSCIENCE RESEARCH AUSTRALIA (FROM 1 SEPTEMBER 2019) Dr Meimanat Hosseini Chavoshi (FROM 14 JANUARY 2019) Centre for Health Policy UNIVERSITY OF MELBOURNE Dr Sophie Yan PROJECT OFFICER UNSW Business School Dr Saman Khalatbari-Soltani UNSW SYDNEY Tanya Price School of Public Health NEUROSCIENCE RESEARCH AUSTRALIA UNIVERSITY OF SYDNEY Dr Dandan Yu UNSW Business School POLICY ANALYSTS Dr Josh Knight UNSW SYDNEY Centre for Health Policy (FROM 1 FEBRUARY 2019) Amartya Bose UNIVERSITY OF MELBOURNE UNSW Business School RESEARCH MANAGER UNSW SYDNEY Dr Larry Liu (FROM 30 JULY 2019) Crawford School of Public Policy Dr Ranmalee Eramudugolla AUSTRALIAN NATIONAL UNIVERSITY NEUROSCIENCE RESEARCH AUSTRALIA Tanya Bretherton UNSW Business School Dr Xiangling Liu UNSW SYDNEY UNSW Business School PROJECT MANAGER (FROM 17 JUNE 2019 UNTIL 9 OCTOBER 2019) UNSW SYDNEY Kate Milledge (UNTIL 12 JULY 2019) School of Public Health RESEARCH ASSOCIATE Dr Bei Lu UNIVERSITY OF SYDNEY Alison Williams UNSW Business School The University of Sydney Business School UNSW SYDNEY UNIVERSITY OF SYDNEY Dr Timothy Neal UNSW Business School UNSW SYDNEY CENTRE PERSONNEL
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CEPAR Yulong Li Kelwin Tang RESEARCH ASSISTANTS UNSW Business School UNSW Business School ANNUAL REPORT 2019 • CENTRE PERSONNEL Tianshu Terence Bai UNSW SYDNEY UNSW SYDNEY (UNTIL 1 FEBRUARY 2019) Melbourne School of Population and Global Health Wen Kin Lim UNIVERSITY OF MELBOURNE Melbourne School of Population and Global Health David Tilley Tsendsuren Batsuuri UNIVERSITY OF MELBOURNE UNSW Business School UNSW SYDNEY Crawford School of Public Policy Tala Moradi AUSTRALIAN NATIONAL UNIVERSITY School of Public Health Xiao Xu Kay Bowman UNIVERSITY OF SYDNEY UNSW Business School UNSW SYDNEY UNSW SYDNEY (FROM 12 AUGUST 2019) Catherine Muggleton UNSW SYDNEY Alison Childs (FROM 26 MARCH) PROFESSIONAL STAFF Anne Gordon UNSW SYDNEY Manish Muthyam (FROM 12 AUGUST 2019) Director of Operations UNSW Business School UNSW SYDNEY NODE Carmel Coady UNSW SYDNEY UNSW SYDNEY (FROM 23 JULY – 13 SEPTEMBER 2019) Nicola Atkin (FROM 12 AUGUST 2019) Augustus Panton Administrator Andrew Cracker Crawford School of Public Policy UNIVERSITY OF SYDNEY NODE UNSW SYDNEY AUSTRALIAN NATIONAL UNIVERSITY (FROM 12 AUGUST 2019) Joanna Bayliss Elizabeth Parkes Senior Administrative Officer - Dr Anurina Das Stakeholder Relationships & Governance UNSW SYDNEY Faculty of Medicine and Health (FROM 26 MARCH) UNSW SYDNEY NODE UNIVERSITY OF SYDNEY (FROM 8 JANUARY 2019) Joseph Phillips Eliza Brockwell School of Psychology Administrative Assistant Zheng Fan UNSW SYDNEY UNSW SYDNEY NODE Melbourne School of Population and Global Health (FROM 19 AUGUST 2019) (FROM 12 SEPTEMBER UNTIL 21 OCTOBER 2019) UNIVERSITY OF MELBOURNE Phitawat Poonpolkul Amy Brushwood Nanda Gopal Crawford School of Public Policy Senior Administrative Officer – Research and Mentoring Support UNSW Business School AUSTRALIAN NATIONAL UNIVERSITY UNSW SYDNEY NODE UNSW SYDNEY (UNTIL 13 FEBRUARY 2019) Jesse Ruse Wayne Davidson UNSW SYDNEY Dr Nary Hong (FROM AUGUST 2019) Operations Support UNSW Business School UNIVERSITY OF MELBOURNE NODE UNSW SYDNEY Betty Smith UNSW SYDNEY Sophie Emanuel Ian Hosking (FROM 12 AUGUST 2019) Administrative Assistant UNSW SYDNEY UNSW SYDNEY NODE (FROM 12 AUGUST 2019) Ryan Sun (UNTIL 22 NOVEMBER 2019) UNSW Business School Stephen Lawton UNSW SYDNEY UNSW SYDNEY (FROM 8 JULY 2019) (FROM 12 AUGUST UNTIL 17 DECEMBER 2019) 29
Colleen Faes-Scott CEPAR Management Accountant UNSW SYDNEY NODE ANNUAL REPORT 2019 • CENTRE PERSONNEL (ON PARENTAL LEAVE FROM 23 SEPTEMBER 2019)
Tracey Mayhew Centre Manager SECTIONUNIVERSITY OF MELBOURNE NODE Nesha Nanu Business Manager UNIVERSITY OF MELBOURNE NODE
Rossana Batos Pinto Administrator AUSTRALIAN NATIONAL UNIVERSITY NODE
Manish Shah Management Accountant UNSW SYDNEY NODE (FROM 19 AUGUST 2019)
Silke Weiss Communications, Marketing and Events Coordinator UNSW SYDNEY NODE
Kirsty Zmisa Executive Assistant to Professor Kaarin J. Anstey UNSW SYDNEY NODE CEPAR PERSONNEL AT ANNUAL WORKSHOP 2019
FUTURE LEADERS WORKSHOP AGEING IN
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RESEARCH TRAINING RESEARCH & SECTION
ANNUAL REPORT 2019 • RESEARCH
CEPAR 30 RESEARCH STREAM 1 31 CEPAR
MACRO-DEMOGRAPHIC DYNAMICS AND ANNUAL REPORT 2019 • RESEARCH POPULATION AGEING POLICY
STREAM LEADER / PETER MCDONALD
This stream brings together a multidisciplinary team comprising expertise in demography, economics and actuarial studies to develop a suite of models that will combine to place Australia at the forefront of macro- demographic modelling globally. Together they will generate greatly improved understanding of (i) the evolution of Australia’s demography, (ii) the optimal policy settings required to support an ageing demographic, (iii) demographic changes in the region and its impact on Australia, and iv) how transfers between generations will change as populations age. The stream comprises four projects: 1.1 DEMOGRAPHIC PROJECTION MODELS 1.2 DEMOGRAPHIC CHANGE AND OPTIMAL POLICY 1.3 REGIONAL MACRO MODELLING 1.4 THE NATIONAL TRANSFER ACCOUNTS (NTA)
Meimanat is currently working on demographic currently demographic is on working Meimanat . adolescence and ageing. Over the past 10 years, past 10 Over the adolescence ageing. and collaborated has differentshe in research projects Wellcome Trust, the as such agencies funded by WHO, UNFPA, GDN and GERPA and the Australian Research Council. Australiaperspectives in exploring spatial ageing of patterns Australians, factors older of and associated living arrangements with their health conditions.and with the general population and, more population and, general with the their have becauseimportantly, immigrants before they grandchildren their and children themselves grow old. Immigration has a very large impact on the number of births occurring higher have immigrants because not Australia in fertility rates but because immigrants substantially the increase population in the researchers, CEPAR ages. McDonaldchildbearing and Temple, have estimated that net migration ‘optimal’ an has 220,000 and between 160,000 effect on the growth rate of GDP per capita population of lowering ensuing the through has program Australian The immigration ageing. been set within this range for the past nine years. Mortality Mortality rates continue to fall in Australia at all ages and especially at the oldest ages. The recent rise in mortality rates in the middle ages observed in the United States and the United Australia. evident in been Using not has Kingdom Lagged measure, Cohort new a Life Expectancy, CEPAR Associate Investigator Collin Payne has world’s the have men Australian that shown lifehighest expectancy Australian and women, the second highest (Guillot and Payne 2019). This implies that the future population at the oldest ages (80 and over) will grow rapidly in Australia. Meimanat Hosseini-Chavoshi is a CEPAR Research Research CEPAR a is Hosseini-Chavoshi Meimanat Before moving to Australia, she had a Fertility CEPAR research published in N-IUSSP in June shows that after mini a baby boom between 2004 and 2014, Australia’s fertility rate has been falling in recent years, a result of lower fertility rates years. This less 25 than aged women among means that the very long historical trend towards later childbearing dating back to the 1970s has resumed after it had slowed during the mini baby boom years. This reflects a higher degree of fertilitycontrol over with lower women among levels of education as early childbearing has long been related to low education. The same trend has been observed in other countries such as the United States, the United Kingdom and Sweden. The trend will likely lead to a lower level of fertility increasing thus term Australia longer for the in the future level of population ageing. This is a trend that needs to be monitored closely to avoid fertility falling to very low levels that would lead population. the of hyper-ageing to Migration Australian the years, Government 20 has For sought to reduce the level of future population program. itsimmigration through ageing because lowers population ageing Immigration compared themselves young are immigrants the Fellow in the School of Population and Global Health Global Population and of School the Fellow in University the at Professor Melbourne by mentored of ANU’s at worked she this, to Prior McDonald. Peter Crawford School of Public Policy and School of Australian (formerly the Demography Demographic carried Research out she Institute) Social where and postdoctoralher fertility research on regulation and Iran. abortion in Ministry Health Iran longstanding of career with the Population and the of Head as Education Medical and design, responsible DataHealth for Unit several national of analysis data implementation and reproductivesurveys of areas fertility, health, the in
PhD Demography ANU Demography PhD RESEARCH FELLOW DR MEIMANAT MEIMANAT DR HOSSEINI-CHAVOSHI BS (Public Health) Isfahan University of Medical Sciences, Population StudiesMA DEMOGRAPHIC PROJECTION MODELS
While substantial population ageing is inevitable is substantialWhile population ageing in Australia, the speed and extent of future course the of upon depend population ageing parameters: fertility, demographic three the mortality monitoring Accordingly, migration. and and projection of the trends in these three activity vital CEPAR a parameters is been has and the focus of 2019 research. WilsonDr Tom joined the project at the University of Melbourne during 2019. As Dr Wilson is a world population models of methods and in leader greatly capacity enhances the this projection, of the project team to produce estimates of population futures.Australia’s included has This Australian the of projections Indigenous Australian the projections of population and population by country of birth. Wilson and Temple population small area on work alsohave begun projections for Australia. These data will be accessiblepublicly completion. upon RESEARCHERS MCDONALD PETER JEROMEY TEMPLE MEIMANAT HOSSEINI-CHAVOSHI WILSONTOM PAYNE COLLIN HEATHER BOOTH 1.1
ANNUAL REPORT 2019 • RESEARCH
CEPAR 32 CEPAR ANNUAL REPORT 2019 • RESEARCH 33 CEPAR researchers,CEPAR McDonald and have Temple, estimated that net between migration 160,000 and 220,000 has an ‘optimal’ effect on the growth capitarate per of through GDP lowering of ensuing the population ageing. In addition to academic research, Tom regularly research, academic Tom to addition In . works with government and has created population has with governmentworks and software household projection and several state for territoryand government departments.
. Tom WilsonTom is Principal Research Fellow in the in specialising demographer applied an is He He obtained his PhD from the University of Leeds in 2001 for his work on multi-regional founder the is methods. He population projection Australian open-access journal the of Editor and Population Studies Demography and Ageing Unit at the University the at Unit of Ageing and Demography Melbourne. migration household projections, population and estimation demographic indirect of the analysis, very elderly demography, Indigenous data, subnational analysis, migration trends, demographic demography. LGBT and change, demographic The future ageing of Australia’s Aboriginal and Aboriginal future Australia’s The of ageing Strait IslanderTorres population population Australia of Indigenous The is currently very young, with only 4% aged 65 years and above (compared to 16% for the non- suggest projections New population). Indigenous population over growth Indigenous the rapid of coming decades, with very fast growth of the population. growth The Indigenous older be will with populations in geographically, variable highly south-eastthe country the of growing in expected growth slower with fast, particularly areas. remote more future non-heterosexualThe older Australia’s of population non-heterosexualProjections the of population have not been attempted for any country previously due to data and modelling limitations. A new model has been developed and the best survey create plausible to data employed scenarios of the future of Australia’s non- heterosexual population. The key focus here is on needs. care aged their populations and older
DR TOM WILSON TOM DR BA (Hons) Leeds, MA Sussex, PhD Leeds PRINCIPAL RESEARCH FELLOW More accurateMore estimates population Australia’s of highest ages the at Official population estimates for Australia are based on the census and at the highest ages are not always reliable. More accurate estimates in be can centenarian ages and nonagenarian the obtained indirectly from deaths data. This new study used the latest methods to estimate years of single and sex population by Australia’s age from 85 to 110 based on deaths data. It results in far more plausible time series trends of centenarian populations than and nonagenarian official accurate more denominators for data, and using indicators other rates and demographic denominator. the population as future CulturallyThe older Australia’s of and Linguistically population Diverse (CALD) Given that different birthplace groups in the population have different service needs as they population 48 for Australia’s of projections age, countries of birth and world regions of birth were created from 2016 to 2066. The birthplace population is older Australia’s composition of likely to shift substantially over the coming decades, reflecting past and future changes to patterns. emigration and immigration ,
. He has also and Modelling Economic Journal of Macroeconomics, Macroeconomic Macroeconomic Macroeconomics, of Journal a non-linear taper rate for the means test for the Means improving. welfare be can Pension Age create can disincentives Pension Age testing the Policymakers save. and influence work these to outcomes by the choice of the constant taper rate of the means test. While previous research constant optimal rate, taper considers an Wheadon develops an OLG model of the Australian economy to investigate the effects of a pension function with a non-linear taper rate. He considers two alternative specifications the to progressive a functionlinear pension – function, where the taper rate increases as income rises, and a regressive pension function with a declining taper rate. While the linear means test yields an optimal taper rate of 1.0, the optimal stronglytest is income regressivenon-linear with a low average taper rate and (0.4) a high curvature. test generates non-linear optimal The expected lifetime to small improvement welfarea compared with the optimal linear test, despite being less restrictive than the optimal linear test. The progressive income test is not able to expectedimprove welfare. A sub-project undertaken by Scientia PhD student, Wheadon, considers whether Daniel co-authored several government reports pension on tax commissioned relatedand issues, including Social US the for reports Australian the for Treasury, Security Administration and for the NSW Treasury. Labour Global the Fellow at also a is George Organization (GLO) and a Research Associate at the Analysis Applied Macroeconomic Centre for (CAMA). the Dynamics been published in both national and international and national both in published been Record Economic the journals,economics including George Kudrna is a CEPAR Senior Research Fellow, Senior CEPAR a is Kudrna George research encompassesHis public of areas the During 2019, there has been significant progress sub-projects. specific several on Australian the testingMeans Pension and Age Woodland and Tran Kudrna, by sub-project The investigates the extent to which the means- tested aspect of the Australian Age Pension system strong provides automatic a mechanism both economies ageing in pensions public keep to contextfiscally the In equitable. sustainable and of population ageing with widening gaps in life system pension expectancies, means-tested a automatic adjustment mechanismgenerates an that mitigates fiscal costs of the age pension redistributes and (fiscal stabilisation device) pension benefits to those in need with shorter life expectancies (redistributive device). evaluate To OLG an automatic adjustment mechanism, this model with population ageing is used. During 2019 significant extensions previous modelling the of calibration, model the undertakenwere regarding testing means scenarios and ageing demographic policy experiments. that this results The indicate important plays mechanism an in novel role adverse the containing effects population of fiscal the the costs on enhancing and ageing progressivity of a pension system. More scenarios further ageing pronounced strengthen the role of this mechanism. located in the UNSW Business School. He completed Business UNSW School. the He located in and economics studies in undergraduate his and Republic Czech the in management insurance received a PhD in Economics from the University of Sydney in 2009. population ageing. macroeconomicseconomics, and macroeconomic rigorous applies develops and He models to investigate the economic impacts of policy retirement income and change demographic reforms – with the ultimate aim of informing and His area. this in policy decisions influencing major has related topics ageing and pension research on
DR GEORGE KUDRNA GEORGE DR MA Econ TUL Czech Republic, Syd. Econ PhD RESEARCH FELLOW SENIOR DEMOGRAPHICCHANGE AND OPTIMAL POLICY 1.2 This research project commenced in 2018under primary The Woodland. CI leadership of the motivations for the project are that there is form of the in change significant demographic Australia countries other in and population ageing and that appropriate policy responses on the part governments taxation,of income include age retirement policy settings. and pension These settings are likely to require adaptation over the course of the demographic change and so the broad objective of the research project is to identify dynamically policy settings. optimal More specifically, the aim is to construct optimal policy profiles for the first time for Australia by models that overlappinggenerations using (OLG) policy and change best capture demographic the future current both and impacts generations’ on wellbeing. The project aims to provide new ways evaluate policy recommendations.to RESEARCHERS WOODLAND ALAN KUDRNAGEORGE TRANCHUNG FEHR HANS DAVID RODGERS DANIEL WHEADON
ANNUAL REPORT 2019 • RESEARCH
CEPAR 34 CEPAR ANNUAL REPORT 2019 • RESEARCH 35
The results indicate that [means testing] plays an important role in adversecontaining the effects of fiscal the on population ageing costs the enhancing and progressivity system. pension of a
The total welfare gain is 5.6 percent in lifetime consumption. inclusive health More insurance systems lead to large decreases in the optimal level of tax progressivity. The findings quantitative the highlight importance of health interdependence of the accounting for taxes income designing when insurance and tax income policies.optimal
, the , the and the of Journal . Review of Economic Dynamics Chung Tran is Associate is Professor Economics of Tran Chung His primary research interests lie in the areas at the Australian National University and a CEPAR Associate Investigator. of macroeconomics and public finance. Specific finance. public macroeconomicsof and evaluating trade-offsresearch include: topics in security social health insurancedesigning and systems; dynamic effects the analysing fiscal of consequences understanding the policy; and of fiscal austerity and financing debt measures. His work appears in leading academic journals academic leading appears in work His including The results also suggestthat the service pension made a meaningful contribution to the dynamics of aggregate older age male participation in Australia in the late 20th century, though other factors must also have been at play. progressivityOptimal personal taxes of income In a sub-project, AI Chung and Tran co-author study progressivity optimal Jung the Jurgen of where environment an taxespersonal income in individuals are exposed to idiosyncratic shocks to productivity labour and health life the cycle. over The analysis uses an OLG model calibrated to the US economy.Results indicate that the presence of health risk and health insurance has a strong effect on the amount of redistribution and social progressiveinsurance provided by taxes. income non-universal health with environment a an In insurance system, such as the US system, the optimal income tax system is highly progressive redistribution unhealthy enough provide to to low-income individuals. Journal of Economic Dynamics and Control European Economic Review Economic European Development Economics Development
A/PROFESSOR TRAN CHUNG Hanoi NationalBA University,Economics University Indiana PhD INVESTIGATOR ASSOCIATE The effectThe service II older-age on World War of male labour force participation Australia in The sub-project undertaken by PhD student David Rodgers estimates the effect of World force labour male service older-age II on War participation in Australia. WWII veterans could access the service pension, which is similar in benefits and means tests to the Age Pension, but available five years earlier at the age of 60. A large share also accessed a non-means-tested Department the disability by provided of pension Veterans’ Affairs. The primary approach to identification is to use the large differences in World War II service across single year birth cohorts Australian of Results suggest men. that WWII service significantly lowered participation, but only over the ages of 60to 64. A 10-percentage point rise in the share of a cohort service the for eligible is pension estimated to have lowered participation of the cohort by percentage 2.7 points over these ages. Examination of the retirement expectations of WWII middle-aged were they veterans when reveals that individuals with service did expect to retire earlier, but again only over the agesof 60 to distribution these age The of participation64. effects indicates the implicit taxation inherent in the pension means test was the likely driver.
structure change and financial markets in closed-structure markets in financial and change international trade, also on and models, economy capital flows and current account balances in models.open-economy The impact of demographic change in Asia on Asia in change impact demographic The of environmental and macroeconomic outcomes Batsuuri is (Tsegi) student Tsendsuren PhD several researchfocused on questions: population and change demographic does How (1) affectageing capital when carbon emissions intensity intensity emissions and across sectors are different? (2) How does asymmetric across change countriesdemographic affect country and countriesglobal when emissions are linked through trade and finance? How (3) does different of interaction the schemes with pension differenttransition affect demographic global emissions? Can (4) price based metrics be useful in comparing country efforts when there are change? demographic to impacts due spill-over This year Tsegi has completed a literature review, research proposal her and on seminar a given has formulated a small model to explore the OLG the 2020 During questions. research model will be developed to begin exploring researchthe questions.
Larry Liu is a CEPAR Research Fellow at the current research macroeconomicHis focuses on Crawford School of Public Policy at ANU. He is also a Research Fellow at the Centre for Applied joined He ANU. Analysis at Macroeconomic (CAMA) CEPAR in December 2017 after working as a Research Fellow at CAMA since 2015. He completed his PhD in Economics in MA received his and ANU at Economics Jiao from Shanghai both Computer Science in BS and University China. in Tong effects life cycle models. in changes demographic of effects demographic examines specifically, he More growth, savings, economic consumption and on and the Rest of the World. They have also cohorts countries all introduced annual and into scenarios.modelled several demographic successfully team the 2019 During incorporated the demographics structures within this model to enable the core model to be developed further an approximation to Blanchard/Yaari the using model. With the overlapping generations (OLG) to able place were they in model demographic successfully baseline of projection a generate the model from 2015 to 2100, taking into account features demographic in changes annual the across countries and over time. During 2020 the team plan to continue to further using model the of explore version this differentscenarios. They also demographic propose to implement four types of cohortsinto workers, older workers, young children, model: the and retirees. The approach to be followed builds Gertleron (1999). Dr Larry Liu also has a number of new papers finalised be to planned are which way under demographic several papers on and change international capital flows. and change in 2020. They include a survey of the the of survey a include They 2020. in demographic global macroeconomics of
DR LARRY LIU BS MA Shanghai Jiao Tong, PhD ANU RESEARCH FELLOW REGIONAL MACRO MODELLING
Extending multi-country G-cubed the model The goal of the main project, involving a team Larry and is Warwick McKibbin comprising Liu, to extend the G-Cubed multi-country model to explore different Asian scenarios for demographic macroeconomic the focus on witheconomies a adjustment globally, in the region and in Australia. During 2019 the ANU team has been continuing to the constructing and database global the build global the countries the in for included model model. They successfully have constructed the core model with countries including United States, Japan, Europe, Australia, Korea, Rest of Advanced Philippines, Indonesia, India, China, Economies, Vietnam, Thailand, Malaysia, Other Asia, Latin America, Africa, Middle East and North Africa, RESEARCHERS WARWICK MCKIBBIN LARRY LIU PIGGOTTJOHN RAFAL CHOMIK LEEJONG-WHA BATSUURI TSENDSUREN POONPOLKUL PHITAWAT 1.3
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Demographic and technological change: Two Two technological change: and Demographic Asia labour market in the megatrends shaping changes technological and demographic Ageing alreadyare transforming markets labour across Asia. Rafal Chomik and John Piggott, in the CEPAR Working Paper 2019/11, have mappedout the (1) and ageing interactions between technology, productivity; impacts these interactions the (2) employment, on occupations,have and interact specific technologies how industries; (3) challenges immediate with population the of what further policy strategies and (4) and ageing; was research This required. are research Development Asian the Bankcommissioned by (ADB) for a workshop on the topic and formed the basis for an ADB report on the issue. Crisis and Recovery: Crisis include most recent books His Learning the from Asian Experience Scientific, (World 2016) and Education Matters: Global Schooling Gains Century the 21st to thefrom 19th J. Barro (Oxford University Press, 2015). He is a . He obtained Syndicate Project regular columnist for from Economics in degree Master’s and PhD his Harvard University.
Jong-Wha Lee is a Professor of Economics at extensively published has relating to topics He on The goal of the main project … is to extend the multi-countryG-Cubed explore to model different scenariosdemographic for Asian economies with focus macroeconomic the adjustmenta on globally, in the region and in Australia. Korea University. He served as a senior adviser for senior served University. a Korea He as affairs formerinternational economic the to President of the Republic of Korea. He was also previously Chief Economist and Head of the Office of Asian the at Integration Economic Regional the economist at an and Development Bank at taught International has Monetary He Fund. Harvard University University. Peking and capital,human growth, crises, and financial journals. academic leading in integration economic time-additive counterpart,time-additive risk-sensitive preferences capture precautionary saving motive that exacerbates adverse responses aggregate of population a variables under macroeconomic re- demographic scenario through ageing life cycle and redistribution channels.weighting Varying aversion also risk allows households to internalise future uncertainties evaluating when change, demographic impacts welfare of their welfare dynamics with non-monotonic resulting in environment high-risk a loss welfare under higher Larry with Dr paper second versa. vice His and and Changes “Demographic on is Liu, Weifeng Asset Allocations”. This paper develops a closed economy OLG model in order to explore the link asset and change between demographic allocation theoretical The has decisions. model in implemented formulated still being been is but software. simulation numerical
PROFESSOR LEE JONG-WHA BA MA Korea, MA PhD Harvard INVESTIGATOR ASSOCIATE The link between demographic change, risk and risk change, between link The demographic impact monetary of the policy student PhitawatPhD Poonpolkul focused on is the and change between link demographic the first on paper monetary His of impact policy. Preferences‘Risk-sensitive Age-dependent and Risk Aversion’ has been published as a Centrefor Applied Analysis Macroeconomic working (CAMA) investigates macroeconomic paper the This paper. whenimplications population of ageing increasingly be assumedhouseholds are to risk-averse in future utility when they age. The incorporatesmodel risk-sensitive preferences used in Hansen and Sargent (1995), which are the recursiveonly preferences separate that can risk intertemporal and elasticityaversion of substitution while being monotonic, into a with model OLG discrete-time 16-generation undiversifiable a risk. to Compared income
affecting age all growth, wellbeing of economic the groups, and the sustainability of public and private systems that transfer resources between further research focus generations. Temple’s quantitativeincludes inequality studies of and discrimination in the later life course. corporation and household wealth. household Householdcorporation and household worth net of aggregation net the is assets,financial household property net assets capita, per assets. other net household a and On cross-sectional worth net basis, increases from about age 20 to the mid-50s before flattening and slightly declining in later age. Real increases in were worthnet 2009-10 between and 2003-04 Australians for between evident and only aged 50 70 years with little increase innet worth for those aged under 50. This wasdue almost entirely to equity net housing. changes in in When considered from the perspective of assets available at death, estimates derived from the NTA accounts are substantial, amounting to Australian billion dollars 70 between and in 60 2003-04 and 2009-10. Most of the asset value was tied up in property, with about three quarters of total average assets held in property by those dying at ages 65 and over. Our estimates of net worth at death are subject to many caveats, most of which would tend to reduce theestimates. Nevertheless, the figures are very significant, noting that, in 2009/10, total government services care recurrent aged expenditure on was billion7.3 dollars.In thesame year, 29.3 billion dollars of the Federal budget was allocated to Pension. Age the
A/Prof Jeromey Temple is Head of the Temple is the head of the Australian National Demography and Ageing Unit at the University the at Unit of Ageing and Demography AssociateMelbourne and Professor Economic of Excellence Centre ARC of with the Demography in Research.Population Ageing Transfer Accounts (NTA) project and in 2018 was representative the Regional Asia on the elected as Executive University from the led NTA global Council of California at Berkeley and the East West Centre. Transfer National the current on work Temple’s understanding of our improve Accounts to seeks structure population age in changes are how Accounts for Australia are available publicly www.ntaccounts.org. website or CEPAR from the NTA of analysis Important from the findings following. the include 2019 accounts in The growth in mature age labour force participation in the first decade of this century led to large increases in mature age labour income, the most important effect of which appears to have been a substantial increase in private saving by mature age Australians. These shifts enhanced the position in which mature age Australians themselves faced and they found as experienced retirement. These shifts suggest that mature age Australians are prepared to fund their increasing longevity at least in part by Importantlyworking these also, longer. shifts suggest that when mature age Australians labour force participation,increase their of much receive they is labour income additional the saved. As a result, increased mature age labour force participation helps not only to fund increases in current consumption, but also to build up assets that can be used to fund consumption later in life. However, in the second decade of this century, the increases in older age minimal. employment been have The NTA estimates of assets and liabilities provide important data across public, private
A/PROFESSOR JEROMEY TEMPLE Population StudiesBA (Hons) BCom PhD ANU Demography ASSOCIATE PROFESSOR OF DEMOGRAPHYECONOMIC ) THE NATIONAL TRANSFER ACCOUNTS (NTA) ACCOUNTS TRANSFER NATIONAL THE
The CEPAR NTA team has produced and analysed six NTA accounts for Australia dating from 1980 to 2010 in five-year intervals. Work will soon account 2015-16. the for commence on National Transfer Accounts, now estimated for over 90 countries, are designed to provide a unified view of population ageing and the economy in a way that is comparable across countries. accounts The measure age-specific asset consumption,labour income, income, transfers and saving, accounting for flows within households, between households, the through public sector and with the rest of the world. Department and Nations Economic of (United Social Affairs 2013: Accounts National Transfer manual: Measuring and analysing the economy. generational The Australian NTA accounts for 2002-04 and wealth generational also include 2009-10 accounts that detailed provide information of age. individuals by for debt levels wealth and of RESEARCHERS MCDONALD PETER JEROMEY TEMPLE JAMES MAHMUD RICE 1.4
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, and the Journal Scandinavian . Hans is also a Research Fellow at PROFESSOR HANS FEHR MA Econ PhD Econ Regensburg Hans Fehr is Professor of Economics at the University of Wuerzburg in Germany. As a CEPAR AI he collaborates with researchers on Project 1.2. He joined the Centre in January 2018 after during Sydney UNSW CEPAR visiting node the sabbatical.his His main research interests are in the field of quantitative public economics. In the past he has analysed the economic consequences analysed economic has the of tax policy and various and population ageing social security reforms by means of computable models with overlapping equilibrium general various in published researchis His generations. European the journals including Economic Review, Journal of Economic Dynamics & Control, Review of Dynamics Economic Economics of and Networkthe Aging Pensions, Studies for on Retirement (Netspar) in Tilburg and the Center of Munich. in Studies (CESifo) Economic
DR IWU DWISETYANI UTOMO BA Psych University of Indonesia, MSc Florida StateDemography ANU University, PhD Iwu Utomo is a Fellow at the School of Australian the at National Demography University (ANU). She graduated from the ANU School of School the returned to and 1998 in Demography as a Postdoctoral Fellow in 2000. Her first appointment at ANU was with the National Centre Population (2002- Health and Epidemiology for 2008) where she worked on issues relating to sexuality health.gender, and Iwu has been successful in gaining ARC funding for a number of studies including Meeting the Needs of Older People in Indonesian Villages (with 2016-2019). Robert Sparrow, and McDonald Peter She is the chief investigator in the Greater Jakarta Adulthood Longitudinal Survey to which Transition has received funding from the ARC, WHO (2008- the and (2008-2020); Foundation Ford the 2011); UniversityNational (2010). Singapore of In 2008, Iwu received an AusAID Australian Development Research Award for a project on Reproductive Health and Gender Integrating Curriculum. National Indonesian Issues the in
, andthe International project team. project He completed his PhD in Demography at the from and University 2015, Pennsylvania of in 2015-2017 he was a postdoctoral fellow at the Development Population for Center and Studies Harvardat University. Payne’s research focuses on two areas: exploring dynamic relationships betweenthe lifespan and developing and adults, older healthspan among methodologies to demographic advancing and focus his estimate population health. Recently, methodological new developing centredhas on exploring for cohorttechniques patterns of health and longevity. Much of his research and low- in focuses population ageing on Eastern countries, including andmiddle-income South-Eastern Asia. His research is published in journals acrossvarious demography, including health, public and epidemiology, Demography, Population and Development Studies, Medicine,PLoS BMCMedicine DR COLLIN PAYNE BA Wisconsin, MA PhD Pennsylvania Collin Payne is a Lecturer in the School of Australian the University. at National Demography He joined CEPAR in 2019 where he collaborates Models Projection Demographic with the Journal of Epidemiology of Journal OTHER ASSOCIATE INVESTIGATORS INVOLVED IN STREAM 1 RESEARCH IN 2019 INCLUDED: FEATURED ASSOCIATE INVESTIGATORS ASSOCIATE FEATURED
ON PRODUCTIVE AGEING IDENTIFYING INDIVIDUAL AND SOCIAL INFLUENCES ON DECISION MAKING OLDER AT AGES EXPECTATIONS AND THE AGEING EXPERIENCE RATIONAL CHOICE THEORY AND CONSUMERS INDIVIDUAL DIFFERENCES IN FINANCIAL AND HEALTH DECISION MAKING: IMPACTS develop comprehensive a and of model ageing decision making including identification making including decision of typologies makers;of decision develop multidisciplinary predictive and paradigms models making ageing; of and decision develop and evaluate interventions to increase positive expectations about ageing; and develop life cycle models that incorporate cognitive limitations in ageing. investments in health and housing as well as
2.2 2.3 2.4 The stream comprises four projects: 2.1 It will: • • • • CO STREAM KEANE LEADER / MICHAEL
2
By undertaking research which aims to fully capture the psychological social factors and that influence over choice the life course it seeks enhance to the wellbeing of people These savings, old age. in about: include decisions (i) planning for the retirement, (ii) insurance, ownership, home future in terms of active ageing and aged care, and (iii) choices about health behaviour management and of conditions.chronic disparate areas of behavioural economics, neuroscience, developmentaland health and psychology, unify to our understanding of life course transform choices to and policy perspectives. This stream brings together for the first time the CO STREAM LEADER / KAARIN ANSTEY
DECISION MAKING, EXPECTATIONS EXPECTATIONS MAKING, DECISION AND COGNITIVE AGEING COGNITIVE AND
STREAM RESEARCH
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CEPAR 40 CEPAR ANNUAL REPORT 2019 • RESEARCH 41 thought be to Life] measures measures Life] to fraud, future associated with decision making. decision decision making,decision making styles and including financialincluding New Through [PATH included a range of range included a planning, decision- additional variablesadditional literacy, susceptibility susceptibility literacy, preferences for shared She was the cognitive function lead for the award-winning multinational Hypertension multinational the in award-winning Very Elderly Trial (HYVET, HYVET -COG) and both her hypertension evidence synthesis in and work are cited widely in the academic literature and by guidelines. Dr Peters is a Senior Research Scientist at Senior a Peters is Dr understanding of our develop Peters to works Dr Neuroscience Research Australia. Prior to moving to to Neuroscience Research moving Australia. to Prior Imperial several years at for Australia worked she Associate CEPAR InvestigatorCollege a As London. she contributes to projects 2.1 and 2.2 of the CEPAR Research Program. the risk factors which increase our risk of cognitive we which in ways the and dementia and decline risk. leading Alongside this reduce to act might evidence synthesis deliveringteams high-profile, has she reduction, risk dementia of area the in work particular thea hypertension in interest in and treatment adults. hypertension older of in CEPAR is funding a fifth wave of assessment of the midlife cohort, who are now in their early sixties. New measures included a range of associated be to variables thought additional literacy, financial making, including with decision susceptibility fraud, future to planning, decision stylesmaking preferencesshared and for making.decision Led by Dr Ruth Peters, the team has also comprehensiveundertaken systematic a review review This ageing. and making decision on incorporates real-world of domains multiple health, safety, financial, (i.e. making decision social). Of the 41 studies deemed eligible, 15 across decision-making thestudies financial of meta-analysis. High lifespan for eligible were social,heterogeneity within small numbers and safety and health meta-analysis made domains revealed paucity review has This inappropriate. a of research studies that accommodate the social relationaland factors decision impacting on making, an area addressed in project 2.2. DR RUTH PETERS BSc Reading, MSc Lond., College Imperial PhD London INVESTIGATOR ASSOCIATE INDIVIDUAL DIFFERENCES IN FINANCIAL AND HEALTH DECISION MAKING: MAKING: DECISION HEALTH AND FINANCIAL IN DIFFERENCES INDIVIDUAL IMPACTS ON PRODUCTIVE AGEING
Decision making is shaped by age-related by shaped is making Decision changes in cognition, affect, values and goals as well as expectations about ageing.Project 2.1 differences individual focuses how on decision in productive impact making ageing. During 2019, the Anstey group team developed measures decision-making new implemented and for the ‘PATH Through Life’ study (PATH) that have been added to the long-term core measures. RESEARCHERS ANSTEY KAARIN BATEMAN HAZEL KEANE MICHAEL CRAIG SINCLAIR NICOLE EE ERAMUDUGOLLA RANMALEE BROOKE BRADY BURNS RICHARD CLARELINDA HERNÆS ERIK ISKHAKOV FEDOR KIM KIELY NEWELLBEN PETERS RUTH TEPPA FEDERICA SUSAN THORP 2.1
These decisions occur in the context the shifting in of occur These decisions personal and family priorities and responsibilities, priorities and family personal and and limited time to recover from decisions that turn recent research focused has on His poorly. out supported and decision advance planning care making, particularly context the cognitive in of better to aims work This dementia. and ageing olderunderstand decision-support of needs the inform the to those with dementia) (including people decision-support also of interventions. is design He better develop assessments to work in engaged of making. decision shared dementia in decision making. While these While making. decision in dementia future for promise showed techniques interventions, a competing theme in the differingstudy the was findings attitudes and expectationsand professionals among across different study This disciplines. implications has for the future implementation of supported under requirement a is making, which decision the United Nations Convention on the Rights of Persons with Disabilities. Brooke Brady led the work on developing a new making, decision measure financial shared of which aims to address a significant gap identified literature the incorporatingin and through social relational decision- factors research the in on process. collaboration involves making work This with Stream 4 investigators, who bring an financial analysis of the to lens economic making. decision During 2020 this new measure will be piloted before being evaluated in a larger study.
on
, provides a better Craig Sinclair is a Research Fellow in the Centre he and psychology, in is research training His of Excellence Research,of Population Ageing in based at the University of New South Wales node. works with Professor Kaarin Anstey on a range of making, cognitive decision projects relevant to particularly is He expectations and ageing. of ageing interdisciplinaryinterested in approaches that knowledge from differentcombine to disciplines people. older experience for ageing the improve current Within policy environment, adults the older are expected to actively engage in a range of finances, their relating to decisions high-stakes lifestyle, healthcare. accommodation and CEPAR visitor Rong Peng (Guangdong University (Guangdong Peng visitor Rong CEPAR collaborated with Economics) and Finance of Professor Anstey on a longitudinal analysis of informal caregivers within the PATH study dataset. research This generalised used adults that older found estimatingand equations engaged in volunteering or religious activities are more likely (28% and 34% respectively) to provide informal care than those who do not engage in such activities. Those in married or de facto relationships more are 51% likely to provide informal care than those who are not in such relationships. This research, published in the Australasian Journal on Ageing understanding of the social context in which informal providing and Australians ageing are and healthy with ageing implications for care, making. decision shared in involvement Dr Craig Sinclair published a paper in Dementia the views of health, legal and care professionals regarding the emerging, rights-based practice of context the in of making’, decision ‘supported diversity the showed work This care. dementia professionals among views of what regarding constitutes of range appropriate support a in contexts,decision-making illustrated and professionals by employed practical techniques with people of involvement greater enable to
DR CRAIGDR SINCLAIR BA BSc (Hons), PsychologyPhD UWA RESEARCH FELLOW
IDENTIFYING INDIVIDUAL AND SOCIAL INFLUENCES ON DECISION MAKING OLDER AGES AT This project builds upon work in project 2.1 by factors decision social of role in the considering making in later life, including factors that impact success and likelihood decision shared the of determinants health of Social age. older in making Social well-understood. increasingly are processesdeterminants decision-making of attention. less research received have RESEARCHERS ANSTEY KAARIN KEANE MICHAEL BATEMAN HAZEL CRAIG SINCLAIR BROOKE BRADY CLARELINDA LORETTI I. DOBRESCU HERNÆS ERIK KIM KIELY MOYRA MORTBY NEWELLBEN PETERS RUTH TEPPA FEDERICA SUSAN THORP External collaborator PENGRONG GUANGDONG UNIVERSITY FINANCE ECONOMICS OF & 2.2
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. She is a National the maturethe workforce. During 2019, literature was at addressing stereotypes age collated and reviewed, to inform the design of interventions design the aimed and enabling betterand integration of In her capacity as a CEPAR AI she collaborates with the Global Brain Health Institute. Professor Anstey on Stream 2 projects. for the Cochrane Collaboration and for the journal the Collaboration Cochrane for the for and Neuropsychological Rehabilitation Institute of Health Research Senior Investigator, and British Psychological the the Fellow of Society, a Gerontological the Sciences and Social Academy of Society serves Governing America, of and the on Boards of the Global Council on Brain Health and
.
. Dr Kiely . This chapter reviewed chapter This . . Professor Anstey co- Anstey Professor . Linda Clare is Professor of Clinical Psychology The Centre’s research aims to improve the Linda has published over 200 peer-reviewed peer-reviewed 200 over published has Linda of Ageing and Dementia at the University the at Dementia Exeter. of and Ageing of Trained as a clinical psychologist, she leads the and Ageing University’s Research Centre in for (REACH). Health Cognitive in later life, living well with dementia, and lives of older people and people with dementia people and people lives older of cognitive health maintaining on focus a through supporting care. family Editor an is chapters, articles and journal book and the field of research in the area of mid-life and late-life resilience, identifying current gaps in future for need research, the studies including life expectancies in an ageing Australia’. to leverage mature longitudinal data sets to better understand multi-domain resilience from a (i.e. physical,cognitive etc) and lifespan perspective. Dr Kim Kiely’s work on ‘Estimating the Australians years older financial of live in number best poster presentation awarded was hardship’ at the 31st REVES Network on Health Expectancy the in published been has and (Barcelona) American Journal of Epidemiology continues work in this area through an ARC Discovery Project Grant on ‘Healthy working associations between towards ‘Attitudes social and physical and Change’ Age-Related outcomes was published in Gerontologist Continuing work by PhD Candidate Janet Maccora positiveon expectations the and about ageing bestcharacteristics recently Agers’ won ‘Super of poster presentation at the 2019 Emerging Conference,Researchers Ageing in and is currently under review in The Journal of Applied Gerontology authored a chapter with Professor Roger Dixon (University of Alberta) for of the Handbook Psychology and Aging
PROFESSOR LINDA CLARE LINDA PROFESSOR PhD, ScD, CPsychol, FBPsS, FAcSS INVESTIGATOR ASSOCIATE
EXPECTATIONS ANDEXPECTATIONS THEEXPERIENCE AGEING Previous work by the Anstey group has found that negative self-perceptions of ageing are mentalassociated and physical with poorer Australians. older aims project among health This better expectationsto understand how about processes decision-making related are to ageing and cognition in later life, and to develop and evaluate interventions to increase positive expectations ageing. about During 2019, literature was collated and reviewed, to inform the design of interventions aimed at stereotypesaddressing age better enabling and integration of the mature workforce. A systematic review undertaken by CEPAR investigators Professor Anstey and Professor Linda Clare on RESEARCHERS ANSTEY KAARIN CLARELINDA BROOKE BRADY KIM KIELY MOYRA MORTBY PETERS RUTH JANET MACCORA External Collaborator DIXONROGER (UNIVERSITY OF ALBERTA) 2.3 Alongside academic research, Tim has worked as worked research, has academic Tim Alongside an economic consultant at Ernst & Young where he he where consultant Ernst Young economic at & an reportssupported economic development of and the business cases a government for by commissioned variety transport of infrastructure projects. Notable North business the case the for projects included West Rail Link and a study into Sydney’s future capacity.aviation Four research completed or papersFour were significantly progressed in 2019.The first application was in the choice of Medicare Part D PrescriptionDrug Plans by retirees in the United States, which is a complex insurance market strong found widespread evidence for we where second The deviations was from choice. rational system pension in the of design concerning the Australia, where we used a life cycle model to conclude that tightening a of the tapering rate of pension benefits will lead to a significant third The welfare. general in improvement application incorporated complex health shocks life cycle a model, capital and into human and multifaceted the evidence for new found benefits that public health insurance has on labour markets. The fourth study analysed thehealth and welfare effects of a change in the US Medicare eligibility age (MEA) for elderly people using a dynamic discrete choice model. The finding suggests that raising MEA from 65 to 69 has a negative welfare effect with more negative effects for people with poorer health, but mostly health, mental and physical improves behaviours health channels. and working through and The Stata , the Record Economic in these areas. Timothy Neal is a Postdoctoral Research Fellow in the UNSW Business School and CEPAR. He joined joined He CEPAR. Business and UNSW School the CEPAR in July 2016 after completing a PhD in primary Business UNSW School. the His at Economics research modelling, interests panel choice include economics. econometrics,data climate change and Thus far he has published in the of Journal Econometrics Journal Accordingly, this project will develop new choice develop will new project this Accordingly, models that incorporate cognitive limitations in deviations other as well from making, as decision rational choice behaviour. These models will be better help understand to applied observed behaviour in areas such as investments in health Thesemaking. models decision will financial and heterogeneityallow for consumer preferences in and choices, and lead to new methods that can isolate heterogeneity that arises from differences preferences from those in arising to confusion irrationality. or application The this of realisticmethodology more policy enable will experiments that yield better insight into the role influences it how government policyof and better we when Indeed, wellbeing. individual understand processes older the which by facilitates it choices, complex individuals make government accurate how of more predictions intervention in a complex market will affect welfare on average as well as the distribution of impact.this
DR TIMOTHY NEAL NEAL TIMOTHY DR BA BEc (Hons) Macq., PhD UNSW RESEARCH FELLOW RATIONAL THEORY CHOICE AND CONSUMERS The aim of this project is to develop and extend methodologiesthe that model economists to use the choices of older individuals. Rational Choice Theory is a prevailing framework used for formally a relies on and decisions, modelling economic number of assumptions relating to the rationality good is There making. decision individual of reason to believe that these assumptions are not choice modelling appropriate for the Australians, older theyenvironments of as financial complex highly make regularly to need limited cognitive using resources.decisions RESEARCHERS KEANE MICHAEL FANG HANMING NEAL TIMOTHY NAEIM FIROUZI PEYMAN CAPATINA ELENA ISKHAKOV FEDOR 2.4
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CEPAR 44 CEPAR ANNUAL REPORT 2019 • RESEARCH 45 His current research effect the His includes raising of from Georgia Economics in PhD Peyman a holds Medicare eligibility age on the health of people near people health of the eligibility on Medicare age consistent US; incorporation of the retirement in characteristicsindividual-level models with into health outcomes measured at an aggregate level; effectthe elderly and people; health of on sleep of numerical optimal tax calculation with age- taxation.dependent State University and an MA in Mathematics from East Carolina University.
Effects of Taxes and improvement welfare. general in that a tightening of the tapering rate of …we used…we a life cycle model to conclude Peyman Firouzi-Naeim is a Research Fellow at pension benefitspension will significantlead a to CEPAR, located in the UNSW Business School. He is a research his health economist and and labour intersection two important the interests of at lie employs and policy retirement. issues: He health and both computationaldevelops in the techniques structural methods of reduced-form estimation and causal inference to address big-data and high- a allows approach for problems.This dimensional comprehensive investigation policy-more of relevant questions. Forthcoming publications: , Ketcham, M.P. Keane, J., Kuminoff, N. and Neal, T. Evaluating Consumers’ Choices of Medicare Part D Plans: A Study in Behavioral Welfare Economics. forthcoming., Econometrics of Journal M.P. Keane, and F. Iskhakov, Safety Net Pensions on Life-cycle, Labor Supply, Savings and Human Capital: The Case of Australia. forthcoming., Econometrics of Journal DR PEYMAN FIROUZI-NAEIM FIROUZI-NAEIM PEYMAN DR East Mathematics MA Carolina University, PhD State UniversityGeorgia RESEARCH FELLOW The firstThe forthcoming two projects are for publication and , Econometrics of Journal in The received exposure in the form of short articles published in the VOX CEPR Public Policy Portal and the Australian Tax Policy Blog. The fourth project will be written up as a CEPAR Working Paper in Several research2020. papers attached this to project remain ongoing, and will be progressed in These2020. optimal focused work include on performance taxation the age-dependent and of the conditional choice method in a high environment. dimensional Labour Labour and . DR ELENA CAPATINA ELENA DR BA Econ MA PhD University of Toronto Elena Capatina is a Lecturer in the Research School of Economics at the Australian National University and an Associate Investigator at CEPAR where she collaborates with Michael Keane on 2.4. project Her research is at the intersection of health economics. and macroeconomics, labour, Her main expertise lies in the economic modelling of individual decisions with respect to precautionary savings, and labour supply insurance decisions in the face of health risk. In particular, she has worked extensively on developing a life cycle model of health risk and earnings inequality with CEPAR Chief Investigator Michael Keane. She has published papers in the Economics Monetary of Journal Economics DR KIM KIELY BLib (Hons) Syd., PhD ANU Kim Kiely is a Senior Research Fellow within the UNSW School of Psychology with a conjoint appointment at NeuRA. He currently holds an NHMRC Early Career Fellowship entitled ‘Estimating and Alleviating the Impacts of Age-Related Sensory Decline’. He is the Lead Investigator on an ARC funded ‘Healthy and Working Life Expectancies in an Ageing Australia’ Australia Dementia funded the and study, ‘Auditory Ageing and Cognitive Impairment Study (AUDACIOUS)’. Kim’s researchis orientated by a contextualised spans development perspective and human to the fields of life course epidemiology, social interests geropsychology. His psychiatry, and encompass productive aspects healthy and of social, the functional on focusing and ageing, cognitive sensory impacts of Current ageing. determinants analyses and includes the work of and use, aid sensory successful of outcomes identifying sensory- underlying mechanisms related cognitive decline. He is also developing a research investigating social program and health inequalities in determinants and working life expectancies. Kim is involved in projects 2.1, 2.2 and 2.3 of the program. research CEPAR . British Journal Journal British and PeerJ and the BROOKE BRADY Western Syd. BPsych (Hons) Interdisciplinary an Research Brady is Brooke Fellow at the UNSW Ageing Futures Institute. As a CEPAR Associate Investigator she collaborates with the teams working on projects 2.1 – 2.3. doctoral research encompasses theBrooke’s regulation, mindfulness emotion of areas and interplay the also interested is in Brooke ageing. between other forms of cognition - including expectations and making decision about the in changes socioemotional experience, ageing health-related and ageing, outcomes. With support from a CEPAR Associate Investigator grant, Brooke is leading the development of a new assessment making decision financial shared of in collaboration with Stream 2 and Stream 4 investigators. Brooke’s research on ageing-related topics has Mindfulness, in published been of Clinical Psychology, International Psychogeriatrics, Journals of Gerontology: Psychological Science, Maturitas, Brooke has also co-authored has government reportsBrooke and connectedness individual social and on community ACT resilience the commissioned by Chief Minister, Treasury and Economic Development Directorate. ASSOCIATE INVESTIGATORS INVOLVED IN STREAM 2 RESEARCH IN 2019 INCLUDED: FEATURED ASSOCIATE INVESTIGATORS ASSOCIATE FEATURED
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PROMOTING EFFECTIVE CARE OUTSIDE WORK OF MATURE WORKERS ORGANISATIONS IN SURVEY PROMOTING SUCCESSFUL AGEING THE IN WORKPLACE PROMOTING SUCCESSFUL TEAMS AND ORGANISATIONS
The stream comprises four projects: 3.1 3.2 3.3 3.4
3
This stream undertaking is research identify to work designs other and organisational practices attract to and retain mature workers organisations, in thus enhancing performancetheir improving and growth productivity. and It at is the vanguard of research new focused the on impact of various work wellbeing worker designs on at older ages, especially cognitive capital. It investigates barriers mature to workforce participation, especially age discrimination and the accommodation of caring responsibilities, to inform workplace policy and practice. THE MATURE WORKFORCE THE MATURE STREAM LEADER PARKER / SHARON ORGANISATIONS AND AND ORGANISATIONS
STREAM RESEARCH
and published.and Crucially, a conceptual a Crucially, and the audit (the Include, (the audit the and Individualise, Integrate and model) has been developed has been model) . She has co-authored several research has She . framework the for organising information across survey the consequences performance, for wellbeing and safety. Within CEPAR, Daniela focuses on support can design work understanding how successful mature workforce the of the ageing and effects related interventions. design work of journals in published research been has Daniela’s such as Journal of Applied Psychology, Safety Change Organizational Science of , and Journal Management reports industry for the government, and including Australian Maritime Safety Authority (AMSA) and the Development Centre for (IM4DC). International Mining servesDaniela stream for CEPAR coordinator as Stream 3. employees’ experiences, and feedback. ofemployees’ experiences, and One our partners, for example, has been nominated for an industry award as a result of its work with us. We will now further build these projects over time, then (and adopt organisationsencouraging to track, with our help) interventions that improve the experiences of mature workers. The resulting and academic both in published research be will practitioner outlets. Daniela Andrei is a CEPAR Research Fellow, located work around revolve interests research Daniela’s in the Centre for Transformative Work Design at Curtin University. She joined CEPAR in March 2018 Postdoctoralafter a five Fellow years as for working Business Psychology of School UWA and UWA the for and undergraduate completedSchool. her She Psychologypostgraduate studies in the at she where Romania, in UniversityBabes-Bolyai (UBB) Assistant an as also Professor worked before to Scholarship moving European and GO8 receiving a the University of Western Australia. multilevel antecedents the on focus with a design, design work on as well as design work of year the team made excellent progress with their development, both in terms of the content of these instruments (e.g., valid measures, etc.) and in terms of the systems for administering these instruments (e.g., the development of dynamic a feedback platform system that organisations can use to interpret their findings). The instruments now are refined, and piloted, been have tools and ready for use. Crucially, a conceptual framework information the across survey organising for the and Individualise, Include, (the audit the and and developed been has model) Integrate 2019). Andrei, & (Parker published A further key component of this stream has been to secure the participation of organisations in interventionlongitudinal and studies. Workshops that introduced the project were held in Perth and attended well were and and 2019 Sydney in industryreceived by organisation and representatives. As a result, we have set up partnerships organisations across multiple a in range of industries, with progress at various stages the when development of to according projects started. These partnerships have involved activities such as strategy planning, diversity,education about age collation of objective organisational data, audits of relevant practices, surveys and policies work of
DR DANIELA ANDREI Resources, Human MSc Psychology and Marketing, PsychologyPhD Romania UBB RESEARCH FELLOW MATURE WORKERSMATURE ORGANISATIONSSURVEY IN (M-WOS) The goal of this stream is to conduct several organisational multi-level and longitudinal studies to investigate how to attract and retain better workplace. the To mature in workers improve organisations can understand how attractionmature worker attention, and the project team has sought to develop the Mature Workers in Australia Survey (M-WOS) and Policy Audit instrument, as well as a range of other supporting tools and resources (such as a survey The media). social and brochures website, instrument the policy audit underpin and research in most projects in Stream 3, and this RESEARCHERS PARKER SHARON BAIRD MARIAN DANIELA ANDREI CONSTANTIN ANDREEA GRETCHEN (GIGI) PETERY WILLIAMS ALISON LUCINDA ILES SHANNON CHEN ZOSZAK LEAH FISHER GWEN FABIOLA GERPOTT BARBARA GRIFFIN WANG MO 3.1
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CEPAR 48 CEPAR ANNUAL REPORT 2019 • RESEARCH 49 working on aworking on We are currently factors that shape to helpto identify this systematic review of of review systematic successfully.ageing work design researchwork design comprehensive set of ageing and age diverse workforce’, and the and diverse workforce’, age and ageing approaches to ‘Organisational on other effective age-diverse an of management Professor addition, workforce’. In Fisher was part of symposia at two USA-based conferences, authored journal three and chapter. book articles one and Other Associate Investigators also were productive in2019. For instance, Professor Hannes Zacher, who will visit the research Curtin at Universityteam September in nine five published chapters and 2020, articles, book, and journal one co-edited presented conferences Switzerland at in Professor Kooij Germany. Dorien and article journal authored presented one and conferences Switzerlandat in USA. the and
Treasury and Economic Development Directorate). Economic and Treasury Petery Gretchen Researcher Dr presented her research in April at the 2019Society for Industrial National conference in Organizational annual and Maryland influence potential age the on Harbor, stereotypes and subjective age has on Associatesuccessful Investigator July, In ageing. Professor State Gwenith (Colorado Fisher University) Curtin at several weeks spent University Perth in collaborating research with on Lead CI Professor Sharon Parker on cognitive Petery with Gretchen researcher and Dr ageing, on subjective ageing. During her visit she gave public talks in Perth and Sydney discussing the work,implications cognitive and ageing, ageing the organisations and for retirement have co-chair also will Fisher Professor workforce. (with researcher Dr Gretchen Petery) and be a researchers by Daniela Dr panellist (chaired Andrei and Dr Gretchen Petery) for two CEPAR- centered sessions at the 2020 Society for Psychology Oranizational Industrial and conference in Austin, Texas: one on ‘The future engage in. We are currently working on a systematic review of work design research to help identify comprehensive this factors set of successfully. ageing that shape presentations and Several project-related Lead CI collaborations 2019. occurred during Professor Sharon Parker presented research on worker promote can design work good how European international (e.g., at wellbeing Psychology Organization and Association Work of Boston, Italy; in Management Academy of Turin, in QueenslandMassachusetts) domestic (e.g., and Injury Prevention and Return to Work Conference in Townsville, QLD; Future of Work in Perth, WA) conferences. several also presented She to the governmentnational committees (e.g., Community Services the and Directorate,
PROMOTING SUCCESSFUL THE IN WORKPLACE AGEING and maintainand physical cognitive and functioning until older ages. In this project, we focus on how family, demographic, as well factorswork (as personalityand affect variables) such ‘successful ageing’. Work factors that we consider map onto the supportive (a age ‘Include’ as such above, model climate in which people are respected designs ‘Individualise’ (work irrespective age), of such as flexible working that accommodate different preferences as and that emerge needs sharing (knowledge ‘Integrate’ and age), people amongst peers, irrespective of support age). To appropriate decisions make organisations to about these aspects, we developed a research brief about legal protections for mature workers. are there protections, however, legal Beyond further positive practices that organisations can Some individuals age more positively others. more than individuals age Some For example, some people are able to maintain or improve their physical wellbeing over time, probability lower experience disease, a of RESEARCHERS PARKER SHARON ANSTEY KAARIN DANIELA ANDREI GRETCHEN (GIGI) PETERY WILLIAMS ALISON LUCINDA ILES SHANNON CHEN ZOSZAK LEAH ROSS ANDEL EARL JOANNA FISHER GWEN ANDREA HIRSCHI KOOIJDORIEN WUCHIA-HUEI HANNES ZACHER 3.2 alternative measures of age, and worker health and worker and alternative measures age, of international in published been has wellbeing and research presented has her journals. She conferences at the for including internationally, Society Organizational Psychology; Industrial of and Organisational and Association European Work of Psychology; Association European Occupational of Psychology;Health Gerontological Society of America; Society Occupational and Health for formal education and her to addition Psychology. In research skills, Gigi has over 20 years of work a as roles management and including experience, business owner. Interestingly, the research the also challenged theInterestingly, less are workers misconception that older individuals, with mature younger adaptive than workers reporting high levels of adaptivity to younger levels to compared higher and change, workers. We intend to repeat this survey at least every two years to continue to provide a snapshot Australianperspective how mature workers on are treated within their workplaces. The research staff and associate investigators gave a multitude of presentationscovering stream-related research during 2019. Lead CI national to spoke Parker Professor Sharon Justiceand government committees (e.g., Community Safety organisations, and Directorate) University National at (e.g., seminars at and European conferences and (e.g., Singapore) Organizational and Association Work of importance the about Italy) of Psychology Turin, in creating productive innovative in and design work work groups. Researcher Dr Daniela Andrei was part of a panel discussion on workplace diversity Diversity hosted the inclusion by and of Council Australia in Perth. In addition, Dr Andrei’s research was presented at the European Association of Organizational Psychology to and Work and Gigi Petery joined CEPAR as a Research Fellow in States, United the education in completed her She ageing an issues specialises central to in Gigi June 2018 and works within the Future of Work Institute at Curtin University, Perth. Psychology studies in undergraduate her including at Washington State University, and a master’s (2015) and PhD (2018) in Industrial-Organizational Psychology University the at Connecticut. of Gigi also holds university certificates in Human Resource Occupational Psychology. Health and Management workforce. research workplace focuses Her on age successful discrimination, work, and at bias ageing A key achievement with respect to this project has been the application of M-WOS to a large- workersscale 2000 Australian than More sample. = 2009)(N from many Australian organisations successfully we and survey, completed this released the results of this research as an Industry Report, attracting media considerable attention. We found in this research that workers of 55 to 64 years of age, as well as working men older than organisations’ especially perceive their 65, less as youngerpolicies than age-inclusive these reported workers example, workers. For that these organisations are less likely to provide fair access promotions to training, and irrespective of age. The research also showed beyond working remained have who that women the age of 65 had largely positive experiences, reports individualised inclusive, with of higher integrative practices. work latterand This finding offers because considerable that shows it hope organisations employing the by taken actions the these women have created positive and age- supportive organisational contexts, highlighting it is possible to create positive work and workplaces mature workers. for
DR GRETCHEN (GIGI) PETERY GRETCHENDR (GIGI) PsychologyBSc Washington State, MA PhD Industrial- Organizational Psychology UConn RESEARCH FELLOW PROMOTING SUCCESSFULPROMOTING TEAMS ANDORGANISATIONS
This project is concerned with how an inclusive, concerned an is with project This how integrative to approach individualised, and mature workers can promote not only successful also individuals, but productive for and ageing performing organisations. and teams high RESEARCHERS PARKER SHARON BAIRD MARIAN DANIELA ANDREI CONSTANTIN ANDREEA GRETCHEN (GIGI) PETERY BEI LU WILLIAMS ALISON LUCINDA ILES SHANNON CHEN PATRICK DUNLOP LISA FINKELSTEIN MARYLENE GAGNE MULLER ANDREAS CORT RUDOLPH TRUXILLO DONALD 3.3
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CEPAR 50 CEPAR ANNUAL REPORT 2019 • RESEARCH 51 , the of Journal and the Journal of Aging and Social . She also has published in Chinese She has presented her research at a number of organisations such as the provincial government provincial of the as organisations such Zhejiang, China, the World Bank China as well as institutions. currentlyacademic is participating She in a Chinese Key National Science Project. Stanford-international conferences the including Harvard the Conference Population and Ageing Care Long-Term Economics of School London the research in appeared Conference. has Her International Social Security Review the Economics of Aging, Population Review, CESifo Economic Studies Policy books.newspapers, journals and compared workers. younger to less adaptive individuals, than younger the misconceptionthe that older workers are of adaptivity levelshigher and change, to with mature workers reporting levels high Interestingly,research the also challenged Bei Lu is a CEPAR Research Fellow located at the Bei returned to academia in 2002 to undertake a very been successful has Bei developing in UNSW Business School and a Research Fellow with a Business and UNSW School University University, China. Zhejiang and Tsinghua Ageing CEPAR the for Engagement of Director is She Asia Research Hub, a member of the project team for collaborator Policy a Retirement Issues, on and 4.4 Project 3.3. after UNSW at an Economics as working in PhD research years. Her 12 for international trader and pensions health, demographics, focuses on and related welfare social population ageing issues.economic years with past ten the international linkages over
.
DR BEI LU BA Tsinghua, MBA S. Aust., PhD UNSW RESEARCH FELLOW Dr Gretchen Petery Gretchen Dr collaborated with Stream 4 researcher Bei Lu working with an organisation in China. Dr Petery also gave invited talks to local councils in Western Australia and at the University of Connecticut in the USA, and presented findings from the MWOS national survey at the CEPAR co-sponsored Age in St. Gallen,Workplace Switzerland.in Meeting Our associate investigators have also been Professor example, productive. Truxillo For Donald presentationsgave conferences seminars at and Switzerland, USA, Italy, Ireland, the and in and three manuscripts journal and eight published Associate addition, Professor chapters. In book Cort Rudolph presented conferences at in Switzerland, USA, Italy, the and Germany, and to the National Academies of Science, USA. authored the He in Medicine and Engineering, chapters, and manuscripts, book journal four six was editor of the book Work Across the Lifespan Dr Rudolph is preparing to visit the Curtin University research team in late 2020 to collaborate related research. on organisations within Australia.organisations within Researcher
Her main research interests work-life main are Her balance outside-work mature workers, policies, outside and roles within gender and care, contributed analysing has organisations. to She individual and between policies links social attitudes, testing and and behaviour to and cross-culturaldeveloping comparative survey also interests research Andreea’s measures. include big data, survey data, methodology big include and cross-cultural studies. market over the past four decades. Federal government announcements also encourage more older workers to stay in the labour market. While this project seeks to analyse how mature workers are navigating their working robust policy recommend and to alsoit aims practical organisations solutions and both for workers which would allow them to meet their performance employee high for and needs retention. In order to achieve this, in 2019 the and work research field commenced team undertook policy analysis. In February 2019, Professor Marian Baird co- hosted with Professor Sue Yeandle (University of Sheffield) an international symposium on care. and organisational responses work to Prof Yeandle leads the ESRC-funded Sustainable ConnectingCare: People and Systems project with CEPAR as an international partner. This symposium featured international leading researchers Professor Peter Berg (Michigan State ProfessorUniversity, and USA) Anderson Soren CEPAR (University Denmark). Copenhagen, of researchers O’Loughlin, Alison Kate Williams and Andreea Constantine also presented. lives in Australian internationallives workplaces and in dependants, simultaneously for caring while
, 3(1), 13-29. Further Dr Andreea Constantin is a postdoctoral Andreea Constantin a Dr is She received her PhD degree in Economics and and Economics in degree PhD received her She research fellow based at the University of Sydney CEPAR. of node University Sciences from the Social Cologne, of Social in degrees two master’s has She Germany. Policy Statistics Analysis and Advanced and Catholic ResearchSociological from the University University the Leuven and Bucharest of respectively. carer responsibilities (WGEA, 2016), and an and responsibilitiescarer (WGEA, 2016), analysis by a CEPAR cross-stream team resulted in a research publication on this topic: Temple, J., Dow, B., Baird, M. (2019), ‘Special working responsibilities care allow for arrangementsto barriers’, Australia: and usage availability, in Australian Population Studies population(ABS, 2015). This takes on a gendered dimension as women are more likely to have cross stream collaboration is data analysis and 2020. planned for often is Caring stressful unpredictable. and As a result, mature workers who have care responsibilities are more likely to consider early Shamian, & MacDonald, retirement (Schroeder, 2012). Critical to whether they are able to remain in the workforce is their ability to access support flexible as employers, and such work from their Organisations leave. that activelycarer’s these use supports workers to their encourage commitment, with increased rewarded worker are performance higher talent and of retention (Beauregard & Henry, 2009). this within care and work gender, on focus The project is linked to the growth in employment participation rates of mature women, one of the most significant changes in the Australian labour DR ANDREEADR CONSTANTIN MSc Bucharest, MSc KU Leuven, Dr. rer. pol. Koln RESEARCH FELLOW
PROMOTING EFFECTIVE CARE OUTSIDE WORK OF Promoting effective care outside work is critical to retaining mature workers in the Australian workforce. Older Australians are more likely to be undertaking persons primary elders and for care counterparts younger with their disabilities than (ABS, 2015) and may have other care responsibilities such as for children, partners. and grandchildren These demands care constrain their ability to participate in the labour market with – primary carers having a general the than lower participation 20% rate (UNIVERSITY OF MELBOURNE) RESEARCHERS BAIRD MARIAN PARKER SHARON CONSTANTIN ANDREEA DANIELA ANDREI GRETCHEN (GIGI) PETERY JEROMEY TEMPLE WILLIAMS ALISON LISA GULESSERIAN DINALE DANIEL KATE O’LOUGHLIN VANESSA LOH External Collaborator BRIONY DOW 3.4
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CEPAR 52 CEPAR ANNUAL REPORT 2019 • RESEARCH 53 She has published widely in the gerontology/ the in widely published has She health and wellbeing; exposureshealth and behaviours and across the life course and their effect on health in discrimination;later age life; attitudes and ageing to ageing-in-place. technology and and of record sociology a literature has and and ageing successful higher of supervision mentoring and primary students; is degree supervisor she four of CEPAR-affiliated students Faculty from the of Health. and Medicine
and careand items undertaken will be 2020. in informal care with work, specific questions about mature Australia... workers in Analysis of work the To gauge the extent the gauge of challenge the of combining To work and care were included in our national survey care our work and included were in of Kate O’Loughlin is an Associate an Professor O’Loughlin is Kate in research interests expertiseHer and in are Health Sociology, and a member of the Ageing, Work Ageing, the of member a and Sociology, Health and Health Research Unit in the Faculty of Medicine and Health at the University of Sydney. particular with a the population on focus ageing cohort workforce boom baby and participation, and in policies care social health and ageing-related current research Her projectsAustralia globally. and investigate interplay and work the between paid responsibilities itscarer relationships with and work and ageing’, and ‘Work/life and concerns of ageing’, and work mature workers’. Other highlights included Kate presentation, flexible ‘How isO’Loughlin’s flexible? Australia’s flexible work policies to support working Transforming carers’ the at Care conference in Copenhagen in June. in Copenhagen conferenceCare in extent the challenge gauge combining the of of To informal with care work, specific questions about work and care were included in our national survey of mature workers in Australia, the results of which are reported in ‘Maximising Potential: Findings from the Mature Workers in Organisations Survey (MWOS)’. Analysis of the 2020. undertaken in be will items care and work
ASSOCIATE PROFESSOR KATE O’LOUGHLIN BA (Hons) Macq., PhD Syd INVESTIGATOR ASSOCIATE was produced in 2019. This fact sheet focuses on the legislation in all state and federal jurisdictions that protects mature workers in Australia from discrimination, injury and poor health at work and their right to seek flexible Mature Workers also have since arrangements. work team The reviewed the HR policies of two organisations involved in our research, in line with these legislative provisions. Lead CI, Marian Baird, spoke at a number of These ILO the included conferences 2019. in Debating the Future of Work conference at the University of Sheffield, on ‘Work, Caring and Wellbeing’. Other topics presented at various conferences ‘The family were future and work of ‘Women, housing’, and age ‘Gender, Australia’, in Collaborative research been connections have made with their respective research teams. Additionally, A/Prof Kate O’Loughlin and Dr Matthew Lariviere (University of Sheffield) Care’ and ‘Technology symposium on co-hosted a early career and senior together brought which researchers associated Sustainable with the Care project’s work package on Combining work and care: how do workplace support and technologies arrangements? care sustainable to contribute The CEPAR Fact Sheet Legal Protections for
. Fabiola also uses her research PROFESSOR FABIOLA GERPOTT H. BSc Ruhr University, MA Corporate Mgt & Econ Jacobs University, University, PhD Zeppelin PhD Vrije Universiteit Fabiola H. Gerpott is a Professor of Leadership at the WHU – Otto Beisheim School of Management in Germany. She joined CEPAR in July 2018 after conducting a research stay at the Future of Work Institute with Chief Investigator Sharon K. Parker. understanding focuses Fabiola Within on CEPAR, organisational interventionshow improve can knowledge between transfer learning and so doing in age-diverse employees and contribute to successful ageing of the mature workforce.Furthermore, contributes she the to Mature Workers In Organisations Survey. journals in published research been has Fabiola’s such Journal, Management of as Academy Academy of Management Learning & Education, Human Relations, and the Journal of Personality & Social Psychology skills to develop intervention programs for age-diverse workforce an managing for organisations, particularly automotive the in national from attracted grants has She industry. foundations as well as industry funding for work.her
, . He is on the editorial . , and Occupational the of Journal , the Journal of Applied Psychology Psychology and Aging Journal of Vocational Behavior, The Leadership PROFESSOR HANNES ZACHER BA MA Technical University of Braunschweig, PhD University of Giessen Hannes Zacher is a Professor of Work and Organizational Psychology University Leipzig at Australia’. retirement in and In 2012, he received a Discovery Early Career Research Award from the Australian Research Council. His research activities are well supported from competitive funding by and grants national industry partners. 100 over published has He international articles leading in peer-reviewed Management of Academy the journals, including Review and in Germany and a CEPAR Associate Investigator. He previously held academic positions in Australia (University Queensland, Queensland of University Netherlands the (University and Technology) of of Groningen). In his research program, he investigates successful ageing at work, career occupationaldevelopment, wellbeing; and entrepreneurship;proactivity, and leadership, pro-environmental behaviour. employee and In 2015, he edited a special issue of the journal AgingWork, and Retirement ‘work, ageing, on several of renowned journals,board including the Quarterly Health Psychology
. Cort is an Journal of Organizational Organizational the of Journal , is available from Academic Press. Leadership Quarterly , and Leadership . His recent co-edited book, Across Work and serves on the editorial review boards , the Journal of Occupational Health the Lifespan ASSOCIATE PROFESSOR CORT RUDOLPH W. BA DePaul, MA PhD Wayne State Cort Rudolph W. is an Associate Professor of Organizational PsychologyIndustrial & Louis Saint at University and a CEPAR Associate Investigator. His research program focuses on a variety of of the Journal of Managerial Psychology the and Journal of Occupational and Organizational Psychology issues related to the ageing workforce,issues ageing the related including to applications lifespan of development theories, ageism/ and work-longevity, and wellbeing generationalism. He also has interests in statistical and methodological advancements, particularly in science open in topics emerging and meta-analysis, various in published been has work practices. His of Journal the journals, including well-regarded Applied Psychology, Behavior Psychology associate editor of Vocational the of Journal Behavior ASSOCIATE INVESTIGATORS INVOLVED IN STREAM 3 RESEARCH IN 2019 INCLUDED: FEATURED ASSOCIATE INVESTIGATORS ASSOCIATE FEATURED
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RETIREMENT POLICY ISSUES FINANCIAL AND INSURANCE PRODUCT DESIGN FINANCIALGUIDING DECISION MAKING MORTALITY AND MORBIDITY RISK MACRO-HEALTH OUTCOME SIMULATIONS SOCIAL DETERMINANTS OF SUCCESSFUL AGEING
4.5 4.6 The stream comprises six projects: 4.1 4.2 4.3 4.4 4
This stream undertakes research provide to businesses, households, governments and with knowledge new and expanded of range options policy a on practice and issues confronting ageing societies. It will take the macro- projections of Streamdemographic the insights 1, about cognitive making from decision and Stream ageing 2, and the evidence concerning organisation behaviour from comprehensiveStream a build to evidence 3, base for strategies and actions to enhance wellbeing in later life. STREAM LEADER / MICHAEL SHERRIS SUSTAINABLE WELLBEING WELLBEING SUSTAINABLE IN LATER LIFE
STREAM RESEARCH .
The research also is European Journal of of Journal , the European individual level data. using machine learning machine using currently assessing more techniques and Australian and techniques accurate mortality models with factors socioeconomic North American Actuarial Journal , and Actuarial the American North Mathematical Finance Mathematical His current researchHis interests actuarial include science, quantitative and management science, risk finance, journals such leading in published has He insurance. as Operational Research, Insurance: Mathematics and Mathematics Insurance: Research, Operational Economics will be accelerated as an individual’s health individual’s accelerated an be as will status deteriorates. The research is also currently assessing more accurate mortality models with socioeconomic and techniques learning machine factors using Australian data. level Incorporating individual explanatory potentially more methods can yield accurate forecasts and result in much fairer life products insurance and annuities of pricing mortality to due heterogeneity. model projection results, following projection the model insights individuals starting (i) highlighted: been have from a healthierstatus will have a relatively lower mortality rate and therefore have a longer life transfer faster to tend people expectancy; (ii) and faster from a healthier status to a worse trend this and statushealth ageing, when
Pengyu Wei is an Assistant an is ProfessorPengyu Wei the at University of Waterloo. He is also an Associate also an University is He Waterloo. of Oxford-Man the of Member Institute Quantitative of University the at Finance Oxford. of Previously he was a CEPAR Senior Research Associate, located in He 2019. September Business until UNSW School the joined the Centre in March 2018 after obtaining his Mathematics University in from the DPhil Oxford. of local and international actuariallocal conferences and or related events. Mortality modelling assessed year Researchmulti- compared this and affinefactor continuous-time mortality models. This is applied to age-cohort mortality curves practical theoretical and for well-suited and particular, In insurance. and finance application in Gaussianthe Arbitrage-Free (AFNS) Nelson-Siegel mortality introduced, been has model incorporating level, curvature and slope factors. modelsThe appealing features have including efficient estimation computation. and Importantly, the research showed that the factor AFNSGaussian model independent performs forecasting and explaining very in well cohort mortality. Research has also covered the modelling of aggregated mortality health considering status heterogeneity, which is one of the key heterogeneity factors mortality. in stochastic The development of aggregated mortality has been directly stochastic modelled the considering development of mortality risk in each health statusat the same time. The model has been Australiancalibrated to population mortality data and cross-sectional health data. Based on the DR PENGYU WEI BSc BEc PKU, DPhil Oxon. INVESTIGATOR ASSOCIATE MORTALITY AND MORBIDITY RISK SE LABIT HARDY HARDY LABIT SE Ï LO É This project undertakes project This mortality modelling on and morbidity risk to support research on on and 4.4) retirement policy issues (Project (Project insurance product design and financial 4.5). The research group has been developing status health functionalmodels for disability and as well as for systematic longevity risk. The models are developed to assess the design and insurance products and to financial of pricing finance or insure post-retirement risks, from both perspective fund an and insurer/pension an project this perspective. 2019, individual In articles journal two working four produced and progress in are several works addition, papers. In and fifteen subprojects have been presented at MENGYI XU WEI PENGYU YULONG LI VHUDZIJENA MICHELLE SHAO WENQIANG ADAM ANDRÉS VILLEGAS ZIVEYI JONATHAN ZHIPING HUANG YU CRYSTAL FU RESEARCHERS SHERRIS MICHAEL H 4.1
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insurance pricing. trend, and systematictrend, and mortality modelling and This research suggested uncertainty disability/ in attention health to status, Her research interestsHer retirement include that insurers should pay great financial products, pension fund management and and management fund products, pension financial longevity current research modelling. Her projects designing modelling health transitionsinvolve and products.innovative retirement income
Mengyi Xu joined the UNSW Business UNSW School the joined Mengyi Xu Her PhD thesis studies investment pre-retirement thesis PhD Her node of CEPAR as a Senior Research Associate in Actuarial after in PhD completing a 2017 September Sydney. UNSW Studies at retirement in housing of role the strategies and a obtained she Before startingplanning. PhD, her Actuarial in degree Commerce (Honours) Bachelor of Studies from UNSW Sydney. She is a Fellow of the Institute of Actuaries Australia. great attention to health status, trend, and systematic uncertainty disability/mortality in Chinese Using insurance pricing. modelling and data alongside US data, the research showed that countriesboth experienced disability decreasing rates. Both countrieslongevity show improvement. In the US this was mainly driven by mortalitydeclining healthy individuals, among while in China this was mainly due to decreasing mortality.disabled currently is being analysis The Australianextended the using environment to longitudinal data from survey and administrative disability highlighting enable sources. will This trends in Australia and also prove useful in the insurance products, LTC of pricing and design particularlyestimation government of improve to expenditures and assess the impact of the design of private LTC insurance in Australia.
DR MENGYI XU BCom (Hons) PhD UNSW, FIAA RESEARCH SENIOR ASSOCIATE Future research will cover prediction of health multiple-state functionalstatus a disability in model using machine learning individual-level and data to determine health status. This will improve products, care (LTC) long-term of product design setting solvency assessments. and premium Mortality countries tables developing for will also be constructed. Indeed, very limited research exists on mortality modelling where unavailable; and scarce and unreliable, data are most extrapolative methods fail when they are datasets on applied countries. from developing A new technique that provides reliable mortality forecasts data and available empirical using determinantssocioeconomic mortality of is developed. be expected to Morbidity modelling This project also covers morbidity modelling to inform LTC insurance design and policy development. research The focuses functional on and trends disability include models to uncertainty in morbidity, as well as the possibility to include health status. UsingUS data, the research has assessed the impact of health status, trends, and uncertainty on life state. disabled the in spent expectancy time and This research suggested that insurers should pay
. ); and ); 3 Journal of Internal Medicine Internal , and of Journal data involving a 10% sample of Medicare pharmaceuticaland data. Understanding the use of opioids pre and pre opioids of use Understanding the administrative linked using post-surgery This simulation model is being used to look Developing a simulation model for Indigenous Indigenous for simulation model a Developing Australiansbased on data from the Well Person’s Health Check (WPHC), a community- based survey that has been linked to mortalityadministrative and health data. at evidence-based ways to close the gap life expectancy; Indigenous in develop simulation models of to Continuing a its complications, including and diabetes and with type people diabetes, for 1 model first the simulationorganising modelling conference on diabetes held in the Asian diseases chronic other and (diabetes region have been identified as one of the emerging challenges acrossAsia, especially as the thesepopulations countries in age Before joining the University was the he Melbourne, of Before joining
been providing support in health economics for health economics support providing in been clinical studies. Postdoctorala Researcher Maastricht at University Assistantand Professor University the at Medical Utrecht,Centre, conducted research he in where Assessment Clinical Technology Health and nearly eight of duration total a for Epidemiology impact high in published been has work years. His journals in Value such as PharmacoEconomics, Health, Annals of the Rheumatic Diseases, Alzheimer’s & Dementia, Clinical Gastroenterology and Hepatology • In addition, the project has focused on the use large of analysis modelling and simulation of understandadministrative the data to health disadvantaged of health populations. included: has This • •
. Beyond providing a Dr An Duy Tran joined CEPAR in February 2018. research development of the focuses His on Melbourne the Advisor to Senior also a is Tran Dr He is a Senior Research Fellow in Health Economics at the Centre for Health Policy, Melbourne School of University Health, Global Population and of Melbourne. capture the models to prediction and simulation interventions resource heath policy and impact of on utilisation and quality of life of patients with chronic cardiovascular diabetes, diseases disease including rheumatic diseases.and Sciences research Translational and Clinical platform University the has at Melbourne he where of The focus in 2019 has been on making use of administrative health data to look at the impact of chronic disease on health care costs, productivity outcomes, health particularly and among older cohorts. A prime focus has been the computer of simulationuse models on focusing populations which are at a significant life lower expectancy the disadvantage than (e.g. general population). We have also looked at the Australia in dependence opioid issue of emerging and examined its inter-relationship with surgery for chronic conditions such as osteoarthritis, which is most prevalent among the aged. A principal aim has been to translate the findings two inform through policy research analysis of to Canberra. in workshops held Our national analysis of health costs using New administrative publishedZealand data was linked in the journal PLOS Medicine set of disease costs for New Zealand, the analysis was able to quantify the impact co-morbidities have on expenditures. This study attracted attention in both regional press and the medical media. We are currently extending the analysis to look at the impact of diseases on income using linked national New Zealand taxation data. DR AN DUY TRAN BSc Hue, MSc PhD Wageningen RESEARCH FELLOW SENIOR MACRO-HEALTH OUTCOME SIMULATIONS RESEARCHERS PHILIP CLARKE ANSTEY KAARIN ROBERT CUMMING NAZROOJAMES SHERRIS MICHAEL TRAN AN JOSH KNIGHT DENZIL FIEBIG GRAY ALASTAIR SCOTT ANTHONY PALMER ANDREW MICHELLE TEW CHRISTOPHER SCHILLING 4.2
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CEPAR 58 CEPAR ANNUAL REPORT 2019 • RESEARCH 59 . . TIME Magazine and TIME In addition to CVD, he is involved in a range of World Toward a Healthy Bank (2011). and Harmonious Life in China: Stemming the Rising Tide of Non-Communicable Diseases. Report Number 63426. Clarke and P. Erreygers G. (2020). Defining and Measuring Health Poverty. Social Science & Medicine, Volume January 244, 2020, 112633.
outcomes. subsequently research have The findings been translated into policy in New Zealand. modelling, diabetes theresearch including: areas cost-effectiveness the testing and genomic of Indigenous the for equations risk developmentof in published Australian has Knight population. Dr international journals such as the Journal of the American Heart Association, Allergy, Health Policy, Scientific Reports, One PLoS and Genetics in Medicine non- the reported in also been has on work His Times, Newscientific the York literature, including Post Washington 3 4 the averagethe Australian. Preliminary results indicate that an four years when compared more or with increasing proportion of population the have characteristics that would predict Dr Josh Knight joined CEPAR in November 2018 and research risk development focuses of His on them having a reduced havingthem a life expectancy of is a Research Fellow in Health Economics at the Melbourne of School Policy, Health Centre for University Health, Global Population and of Melbourne. chronic models simulation for and equations and cardiovasculardiseases including disease (CVD) epidemiology, in PhD, Josh’s of focus The diabetes. primary a prevention CVD modelling in of the was test synthetic to used population. A population was the comparative impact of the two risk estimation cost-effectiveness events and methods on
DR JOSH KNIGHT BSc Bio Sc PhD AucklandEpidemiology RESEARCH FELLOW has attracted media 4 Finally, this project has also focused on the development of a measure of health poverty which uses an index to quantify the proportion of the population in poor health. Preliminary proportion increasing results that an indicate of characteristics population have the that would predict them having reduced a life expectancy of four years or more when compared with the was which study, This Australian. average published in the international journal Social Medicine and Science attention, including on the ABC radio’s Health Report (abc.net.au/radionational/programs/ healthreport/designing-a-health-poverty- line/11779588).
,
, and American Journal of Clinical Nutrition Her current researchHer encompasses of areas the Prior to joining CEPAR, her projects mainly focused social determinants successfulsocial of social ageing, behavioural, of role the and health, inequalities and genesis the psychological, factors in biological and of social disparities in health at older ages – with the and perceptions of improving of aim ultimate possibilities futureindicating for health policy. diseases, chronic and between link diet the on healthy barriersundernutrition, drivers to and of and in published research been has Her eating. BMCinternational journals, including Medicine the Clinical Nutrition. explained by higher rates of smoking and levels lower support.depression social and of health. determinant of social another Nutrition is Associate Professor Vasant Hirani leads the nutrition component of CHAMP. Dietary data were collected from CHAMP men at Wave 3 in 2012- were 2019 Several CHAMP papers in 2013. concerned relationship with the between developmentnutrition health various the of and student PhD follow-up. Arpitaproblems during Das found that men with low intakes of vitaminsantioxidant (particularly were vitamin E) at greater risk of becoming frail over three years of follow-up. Another PhD student, Mavil Cervo, found that men who ate a proinflammatory diet and bread salami, white biscuits, (including animal fats) were at increased risk of falling. investigating currently are researchers CHAMP the influence of eating a Mediterranean diet on Australian older of health men. the general to nutrition related and to is health Oral health. Comprehensive health assessments oral were conducted in Wave 4 of CHAMP in 2015-2016. several produced team health CHAMPThe oral papers in 2019. Professor Clive Wright, who leads published a health CHAMP, component of oral the co- of collaboration number in with a paper
Saman Khalatbari Soltani is a CEPAR Research Fellow, located in the School of Public Health at the Centre in the University joined She Sydney. of a as year after one for working 2018 September Postdoctoral Department the Fellow at Internal of University Lausanne, Switzerland. of Medicine, She Life Sciences (University in Lausanne, PhD of a holds Public and Epidemiology Switzerland), in PhD a Health (Swiss School of Public Health) and a Master Nutritional (University Science in Science Putraof the Fellowship at one-year a During Malaysia). Nutritional in University trained she Cambridge, of Epidemiology. For example, Dr Fiona Stanaway that older Fiona found Dr example, For Italian-born men have similar mortality rates to Italian-born the Australian-born despite men, men tending to smoke more and being of lower obese. status overweight or socioeconomic and Research Fellow Khalatbari-Soltani Saman CEPAR status socioeconomic that low showed is strongly associated with higher mortality in older men, with about 50% of this excess mortality This CEPAR project mainly uses data from three large Australian studies: panel Concord The Health and Ageing in Men Project (CHAMP), the Path Through Life Study and (PATH) the Australian Longitudinal Study of Women’s Health (ALSWH). CHAMP is led by CEPAR CI Cumming; PATH is led by CEPAR CI Kaarin Anstey; and CEPAR AI Julie Byles is co-director of ALSWH. Much of the work in 2019 involved conducting a 14-year follow-up (Wave of 5) CHAMP. CHAMP started in 2005, when 1705 men aged 70 years community recruited from the were over and around Concord Hospital in Sydney. Three hundred and eighty men have participated so far in CHAMP Wave 5 and it is anticipated that the final sample comprise men. 450 about will Much of the CHAMP research in 2019 was directly concerned with determinants social health. of DR SAMAN KHALATBARI- SAMAN DR SOLTANI NutritionalMSc Science Life Sciences PhD UPM, PhD Lausanne, Epidemiology Public and SSPH+ Health RESEARCH FELLOW
SOCIALDETERMINANTS SUCCESSFUL OF AGEING RESEARCHERS PROBERT CUMMING ANSTEY KAARIN BYLES JULIE KHALATBARI-SOLTANI SAMAN KATE MILLEDGE NAZROOJAMES BURNS RICHARD HIRANI VASANT STANAWAY FIONA External Collaborators FIONA BLYTH HANDELSMAN DAVID DAVID LE COUTEUR NAGANATHAN VASI MARKUS SEIBEL WAITE LOUISE WRIGHT CLIVE (ALL FROM UNIVERSITY OF SYDNEY) 4.3
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CEPAR 60 CEPAR ANNUAL REPORT 2019 • RESEARCH 61 levels of support. social explained by higher rates of 50% of this excess mortality …low socioeconomic status socioeconomic …low is strongly associated with higher He was the lead investigator for the six year mortality with older men, about in smoking and depressionsmoking and lower and interdisciplinary research ‘Frailty, programme Later Life Inequalities in (fRaill)’ and Resilience ongoing the Investigator on Chief a is (2011-2017); and (ELSA)’; ‘English Longitudinal Study Ageing of Partner Discovery ARC a the Investigatorwas on health determinants and ‘Socioeconomic grant lifeinequalities the course’ conducted in over collaboration Investigators Loh, with CEPAR Kendig, Byles O’Loughlin. and
James Nazroo is Professor Nazroo is James the Sociology at of the 12,432 women in the 1921-26 birth cohort of ALSWH. These womenwere aged 70 to 75 years at baseline in 1996 and survivors are now in their 90s. Using traditional measures of successful absence about disease, that include of ageing 30% of women in their 70s were classified as successful agers, declining to just of women 1% in their 90s. Julie and her team are now using ALSWH data to test the new World Health Framework. Healthy Ageing Organisation CEPAR AI Julie Byles leads research involving University of Manchester, UK. He also servesUniversity He UK. as Manchester, of Manchester Institute the of co-Director for DeputyCollaborative and Ageing Research on Director of the Centre on Dynamics of Ethnicity. His research issues social focuses inequality, of on underlying processes and justice stratification, of He ethnicity. and particularly ageing relation to in determinants health and social of the on works life inequalities the later social over life, wellbeing in surveys longitudinal and course, health and of retirement.
PROFESSOR NAZROO JAMES BSc MB BS Lond., PhD UC Lond. INVESTIGATOR PARTNER authors which included CEPAR researchers,authors CEPAR included which relationship the betweenon function, chewing health.discomfort general and eating when He found that men who were unable to eat hard levels disability physical of higher and had foods cognitive Another impairment. health CHAMP oral paper reported that the majority of CHAMP men behaviours: health nearly favourable 60 oral had per cent of the men visited a dentist at least once a year and most brushed their teeth at least twice a day. In another paper the CHAMP team reported that frail men were much more likely than robust men to have dental caries. CEPAR CI Kaarin Anstey and AI Richard Burns evaluated the determinants of healthy late-life ageing in 685 people aged 85 and over drawn from several Australian longitudinal surveys as part of the Dynamic Analyses to Optimize Aging (DYNOPTA) project. They found that groups of older people with shorter survival had higher levels of Importantly, the dementia. depression and data suggest that medical conditions may only confer mortality risk when coupled with health. mental poor
Starting from early 2019, she has been also affiliated with the UNSW Ageing Futures Institute. Her health in behaviour research studies people’s on focus with a economics, labour and economics current projects include policy evaluation. Sophie’s in housing elderly and the for care long-term Australia. Task Force for G20 countries that convened in Japan2019 (co-chaired by John Piggott) on impact populations, and economic ageing immigration. In addition to highlighting broad perspectives these challenges, on further policy focus was centred on the analysis of retirement first the reforming frontier social in income, security systems in an ageing world. labour forceFlexible withdrawal and pensions CEPAR Working Paper 2019/3 was published in May 2019 by Erik Hernæs, Zhiyang Jia, John Christian Vigtel. paper This Trond Piggottand effectsstudied the decisions labour supply on of senior workers in reducing the eligibility age with actuarial neutrality, retirement combined of based on one particular group of private sector reform Norwegian pension workers. 2011 The had a fixed pension access age of 67 replaced Aging, fiscalAging, sustainability adequacy and security social of systems Yan Piggott, Sophie John Chomik, Rafal and completed a policy brief for the Think20 (T20) by a flexible access age from 62 with constant present value of benefits. In a non-linear difference-in-difference study this approach, distribution that the changed earnings found of after no reform, was the there although
. Journal of the Economics of Ageing Sophie is a CEPAR Research Fellow based at the contributed mainly to before 2019 work Sophie’s UNSW Business School. She joined CEPAR after CEPAR Business joined UNSW School. She Sydney. UNSW at Economics in PhD completing her research policy briefs, other CEPAR briefsthe and relative like poverty topics including the among systems pension and retirement incomes, elderly, seniors. market for labour CEPAR researchers undertakeCEPAR various to continue projects relating to retirement policy issues, dissemination. and policy dialogue, In 2019, our team contributed to broader retirementinternational policy. issues on For example, John Piggott and John Beard John Piggott and John example, For served National US Commissioners the as for Academy of Medicine Global Roadmap for Healthy Longevity; Chomik Rafal Meyricke and Ramona co-led research on the impact of climate change mortalityon John and retirement income; and ‘Population guest for Piggott editor Ageing a was Sustainable Growth’and papers based on presented at the East-West Center and Korea conference. annual Development Institute 2019 Ageing of Economics CEPAR 2019 Arising from the Piggott Alan and John initiated, Workshop, upcoming an for editorial the led, Woodland special issue on ‘Resources in retirement’ for the The team also contributed tothe CEPAR- sponsored International Research Pension Association (IPRA) Conference hosted by the OECD in Paris 2019 with a follow-up conference 2020.scheduled June for DR GAOYUN (SOPHIE) YAN BS Econ. PhD UNSW RESEARCH FELLOW
RETIREMENT POLICY ISSUES RESEARCHERS PIGGOTTJOHN BAIRD MARIAN FANG HANMING KEANE MICHAEL OLIVIA S. MITCHELL SHERRIS MICHAEL WOODLAND ALAN ROBERT HOLZMANN RAFAL CHOMIK KUDRNAGEORGE BEI LU VILLABRILLE OLIVO MIGUEL SOPHIE YAN YUDANDAN HERNÆS ERIK ISKHAKOV FEDOR KUMRU CAGRI MEYRICKE RAMONA ANDRÉS VILLEGAS PETER WHITEFORD External Collaborators BINGWEN ZHENG (CHINESE ACADEMY OF SOCIAL SCIENCES) ACADEMY OF (CHINESE ZHIYANG JIA VIGTEL CHRISTIAN TROND NORWAY) STATISTICS (BOTH 4.4
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CEPAR 62 CEPAR ANNUAL REPORT 2019 • RESEARCH 63 reductions of 11-18%. could also extend lower to retirement, with illustrative illustrative with retirement, superannuation balances at The effects of climate change scenario modelling suggesting He is interested in studying in changes interested how in is He heatwaves on health and mortality and the accumulated of impact potential climate-induced retirement incomes. They on shocks economic martial evidence that excess mortality from heat will double for all-ages and at least quadruple for people older of numbers that greater and over-65s will mean greater numbers of deaths. The effects of climate change could also extend to lower balancessuperannuation retirement, at with illustrative scenario modelling suggesting reductions of 11-18%. marriage formation can lead to more macro outcomes macro more marriage formation to lead can is he addition, inequality. In household income like interested in tax policies, evaluating the effect they at behaviour tax-evading and supply labour on have levels income. of higher
Miguel Olivo Villabrille is a CEPAR Research Fellow economics, labour interests in lie Miguel’s China’s pension reforms pension China’s Published as part of the World Bank Social Protection & Jobs Discussion Paper series (No. 1921, April 2019), Bei Lu, John Piggott, discussions the led Zheng on Bingwen and potential expansion of the role of the notional the and paradigm defined contribution (NDC) reforms China. retirement of ongoing in provision The study found that mature age life expectancy formal sector remarkably uniform among is workers at the time of retirement, although heterogeneitygreater Urban and exists Rural for concluding members, Scheme Residents Pension that increased presence of the NDC paradigm has welfare. aggregate raise to potential the populationClimate ageing and change While Australians are increasingly aware of the physical and transition risks associated with carbon lower footprint, a economy to moving the what understanding of lower much a have we climate change could mean for us personally, living standards. and health of terms especially in There is also a lack of thought about the a population and ageing interactions between an warming climate. Research by Meyricke and Chomik looked at two aspects, the effect of The notional and the real in the in real the and notional The at UNSW Sydney. He is also a Research Affiliate at the Tax and Transfer Policy Institute at ANU’s Crawford School of Public Policy. economics. He particularly demographic and family in employs dynamic structural model methods to life propose and the cycle to over making decision to applied evaluate Those policies. be methods can study and supply labour educational choices, asset savings and retirement decisions, alsoaccumulation, divorce. and
DR MIGUEL OLIVO- MIGUEL DR VILLABRILLE Pontificia Universidad BA Catolica Madre y Maestra, Instituto Mathematics MA Santo de Tecnologico Economics MA Domingo, University, York New Economics PhD University Calgary of RESEARCH FELLOW significant effect labour force participation. on This indicated that for the group studied, the reform facilitated phased retirement. retirement labour and supply ofJoint Australian couples Olivo Villabrille Miguel and Alan Woodland continued research on the joint labour supply and Australianretirement of couples. These labour married by retirement decisions and supply couples are affected by family variables such as ages, assets and wage rates, but also, government policy settings by importantly, such taxation Pension income Age the schedule, as estimate to is rules. superannuation aim The and these effects alternative examine policy to and settings. The focus during 2019 was to update our latest the to database constructed previously Labour Dynamics and in Income Household, Australia (HILDA) panel data set on Australian households and to the latest taxation and policy settings.pension updated With this analyses empirical new hand, database in undertaken. be then will
She works with CI Michael Sherris on mortality Sherris on Michael with CI works She and morbidity modelling, specifically heterogeneity on in mortality, mortality cause-of-death longevity and management.risk lifetime income and a death benefit. Customers have the flexibility to mix different levels of death benefit can provider the and benefit with income, from natural hedging. under product is retirement income new A partial provide guaranteesdevelopment to as part of retirement benefits in a group-self proposed The scheme. annuitization (GSA) savings betweenproduct pension divides two accounts: a GSA account and a surplus account. GSAThe account provides lifelong retirement benefits while the surplus account is used to Australian benefits such time. adjust over population-mortality interest data rate data and are used in setting up the product. Moreover, to financial both allowing fee for fair the determine longevityand participation, development the of a joint stochastic model for interest rates and mortality explored. rates is disability and health alsoResearch included has Researchstatus has retirement planning. into assessed the public and private impact of allowing retirement products income (CIPRs) increase health heterogeneityfor to order in its efficiency, Australian using data including mortalityaggregate cross-sectional and health statussurveys. Research has also studied retirement planning for a retiree in the presence
. Héloïse Labit Hardy commenced work as a Senior Senior a LabitHéloïse as Hardy commenced work Research Associate in the ARC Centre of Excellence BusinessUNSW Research the at Population Ageing in at PhD completed her She 2016. September in School Universitythe department the Lausanne of in of French from the graduated Actuarial She Science. actuarial Institut school de Science Financière et d’Assurances Retirement income productsRetirement income retirement of range covered a year Research this academic products the income proposed in industryliterature explored in designs and and retirement products. income new Thesefor include the traditional life annuity, as well as innovativemore products incorporate which longevity structured A sharing. risk investigation been products has retirement income of developed to offer systematic a comparison of these products, with differing and guarantee payout structures. differences The longevity in structures guarantee financial various and in compared products are retirement income evaluation an modelling framework and a through desirability the gauge framework developed to is of the products from the perspective of the research The found has provider. policyholder and that the guarantee structure of the product makes a significant difference to both the capital required by theprovider as well as the product desirability policyholder. the for As part of this area of research, a new longevity address several proposed to been has bond impediments annuitization, to including high loadings, the need for bequests and loss aversion. The bond is designed as a post- retirement investment product that combines
DR HÉLOÏSE LABIT HARDY ISFA MActScFin BActScFin, Lausanne PhD Lyon, RESEARCH SENIOR ASSOCIATE FINANCIAL AND INSURANCE PRODUCT DESIGN SE LABIT HARDY HARDY LABIT SE Ï LO É This research aims to analyse and develop cost-effectivesustainable, products, allowing institutions individuals manageboth and to risks. aged-care longevity, and health, MENGYI XU WEI PENGYU ALAI DANIEL OLIVIERI ANNAMARIA PITACCO ERMANNO SHAO WENQIANG ADAM ANDRÉS VILLEGAS ZIVEYI JONATHAN XIAO XU YULONG LI KABUCHEDOREEN KRAHE KEVIN SHIANNA LI LUKE ZHOU YUXIN ZHOU In 2019, this project produced four journal book articles, one papers and working six in are several works addition, In chapter. been subprojects have nineteen progress and international actuarialpresented local and at events. related or conferences RESEARCHERS SHERRIS MICHAEL H 4.5
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series, and found that the desirability for income] product income] the policyholder.the The research has has research The of [retirement the by the provider the by as difference both to well product the as makes a significant a makes the capitalthe required guarantee structure Ermanno is editor of the Springer the of editor Ermanno is Actuarial associate editor of a number of international of number a associate of editor journals. the 2011 Bob Alting von Geusau Memorial Prize, Memorial Geusau von Alting Bob 2011 the with Annamariatogether serves Olivieri. He vice as co-chairman of the Mortality Working Group of the International Actuarial Association (IAA) and Treasurer of the AFIR/ERM Committee of the IAA. co-editor Journal Actuarial of the European embedded with guaranteed lifetime with guaranteed embedded withdrawal dynamicsbenefits fund underlying the when modelling assumptions, various and under evolve efficiencythe and cosine with the pricing of methods. transform wavelet-based Ermanno Pitacco Professor is Actuarial of His current research interests lie in the area of life Mathematics and Life Insurance Techniques at the at Mathematics Life Techniques Insurance and University of Trieste, and Academic Director of the MIB the at Management Risk and Insurance Master in School of Trieste. mathematics health insurance techniques, and and particular longevity in focusing on risk, life annuity life portfolio insurance and solvency valuations and of co-author authorassessment. and an is He international leading textbooks in published has and risk and actuarial studies journals. He was awarded proportion portfolio insurance strategies a for defined contribution fund that targets a minimum level of inflation-protected annuity income at evaluated. research The been retirement has demonstrated portfolio both how insurance strategies strongprovide protection against downside equity risk in financing a minimum level of retirement income. The option-based strategy often leads to higher accumulated savings at retirement and is also shown to provide a more robust level of protection when equity markets are more volatile and when contributions to the lower. are fund pension annuities Variable Several works within this project also cover annuity variable A annuities. variable research on minimum guaranteed contract with a embedded accumulation studied benefit been has taxation policyholderconsidering behaviour. and technique numerical alsoResearch devised has a benefit riders minimum guaranteed pricing for the Moreover, annuities. variable in embedded efficiency ofvariety a of Fourier-based numerical methods in generating fair guarantee fees for fund underlying the when annuities variable have assumptions various under evolve dynamics also Research compared. compared the has been annuities variable fees for guarantee fair
PROFESSOR ERMANNO PITACCO INVESTIGATOR ASSOCIATE of systematicof disability mortality and using risk US data. Systematic trend and uncertainty affect a retiree’s demand forlong-term care insurance (LTCI) and life annuities, as well as their welfare. affordable designing foundation for a LTCI Finally, products is under development for the first time in Australianthe context. Systematic and trends uncertainty and design the incorporated are in pricing of products for the Australian LTCI market. Longevity indexes A value-based longevity index has also been assesseddeveloped and retirement hedging for income portfolios. It closely tracks the value of longevity-linked liabilities with the potential to significantly lower the costs and improve the efficiency longevity index-based of hedging relative standard mortalitytechniques to rate currently markets. financial referencedindices, to population data, the and economic US Using research demonstrated with the that hedging material reduction generates a proposed index in basis risk relative to indices based purely on mortality rates. strategies Portfolio insurance alsoResearch covered has portfolio insurance strategies for a target annuitization fund. The performance constant- and option-based of
, the pension pension the , Inka is interested in the interface the interested between in is Inka formats confirm and whether behavioural the time. over sustained been has change Prescribed information retirement for Income products AustralianThe proposed government a has standardised simplified Fact and one-page, retirement products,Sheet for income with the assisting of retirement productaim income context this Investigator In decisions. Chief Hazel Eberhardt Research Fellow Inka Bateman and discrete online an implemented and designed choice experiment with around1000 pre-retirees to test the impact of the prescribed information product rating, income, annual average - items access capital and to shape, income potential death benefit – on benefit choices. From a lifetime a annuity, comprising product menu an account-based pension (ABP), an annuity/ABP annuity/ABP an (ABP), pension account-based an hybrid and a deferred annuity/APB hybrid, the life the annuitymost products popular were and a hybrid life annuity/account-based pension, pension, life hybrid annuity/account-based a product rating and amount with income average the most important information items. Findings suggest Fact Sheet composition, that the especially the context and derivation of the prescribed drives Product Rating decision carefully must be so making designed. behavioural economics and pension systems. pension For and economics behavioural dissertation, with the together her worked Inka Detailhandel Bedrijfstakpensioenfonds fund of the Dutch retail sector. She uses field surveysexperiments online research and the to effectiveness savings on communication pension of her of aim The retirement decisions. and behaviour enable to and communication improve to research is better choices. make consumers to
She completed her undergraduate studies in studies undergraduate in completed her She Inka Eberhardt is CEPAR a Research Fellow, Retirement benefit estimates Australian workers rely on information from their superannuation funds to work out if they are saving enough for retirement. Until recently, most current balance, their only members funds gave leaving to the member the tough problem of translating that balance into a future lump sum or income stream. In 2019 a team comprising Chief Investigator Hazel Bateman, Associate Investigators Loretti I Dobrescu, Ben R Newell and Susan Thorp, and CEPAR PhD student George Cbus fund with Smyrnis superannuation worked (one of the first super funds to provide benefit estimates) to analyse the impact of presentation of the lump sum and income stream estimates on members. By comparing their of behaviour the carefully matched groups of Cbus members who received the estimates and an(observationally) identical group who did not, the impact of the informationprojections assessed. could be The proportion large: membersimpact the Cbus was of making salary sacrifice contributions was 33% those receivedbenefit who the among higher interacting members of estimates, number the with Cbus increased by 46% and there was a small adjustment in investment choices towards more aggressive options (Symrnis et al., 2019). In 2020 the team will analyse later years of Cbus data to investigate the impact of alternative information the Centre in October 2018. 2018. October Centre in the Netherlands, the in political economics studies and and is to receive a PhD in Finance from Maastricht University in 2020. she also In 2017, visited Professors Beshears at John Norton and Michael Harvard Business School. located in the UNSW Business School. She joined Business joined UNSW School. the She located in
INKA EBERHARDTINKA MSc Econ Utrecht RESEARCH FELLOW GUIDING FINANCIALGUIDING DECISION MAKING
The aimof this project is to contribute to the retirement make people how understanding of identify to and the decisions spending saving and facilitate to means best the possible decisions. In 2019 research associated with this project focused on four key areas – retirement benefit for disclosure information prescribed estimates, retirement incomes, life events as triggers for and with superannuation, engagement reverse mortgage to impediments behavioural demand. Output from these studies was international conferencespresented key at Netspar the Internationalincluding Pension Conference Summer Boulder the on Workshop, the and Making Decision Consumer Financial DiscussionICPM Forum. RESEARCHERS BATEMAN HAZEL EBERHARDTINKA HANEWALD KATJA LORETTI I. DOBRESCU ECKERT CHRISTINE BENJAMIN R. NEWELL SUSAN THORP HO LONG TIN SMYRNISGEORGE 4.6
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, . He is and on the editorial the on and , CEPAR Industry Report 2019/1. Journal of Behavioural Decision Making Within CEPAR, Ben brings a psychological a brings Within Ben CEPAR, CEPAR IndustryCEPAR Report 2019/2. Smyrnis, G., H. Bateman, L. I. Dobrescu, B. R. Newell and S. Thorp (2019). The impact of projections on choices investment superannuation contributions, engagement and 2019 industry2019 reports Bateman, H., J. Brownlow, B. Culbert, C. Chu, C. Eckert, B. Fu and S. Thorp (2019). residential New engagement superannuation and mortgages and computational assessand people methods to how decisions. make perspective and superannuation research on to various discussed been in has work retirement. His The Magazine, outlets TIME media including Guardian, BBC, ABC, SMH, Chicago Tribune and WIRED Magazine. He is currently an Associate Editor at Review & Psychonomic Bulletin Advisory Academic inaugural the of member also a the of Team Economics Behavioural the of Panel Australian Government. boards of Decision, Judgment and Decision Making and
income streamincome estimates members. behaviour the of their on In 2019 [the research team] worked with research worked superannuation fund [the team] 2019 In Cbus to analyse the impact of presentation of the lumpsum and . Ben has worked with industry and Benjamin Newell is Professoris Newell Cognitive of Benjamin research cognitive processes the focusesHis on ‘reverse mortgage puzzle’. A discrete choice experiment reverse of mortgage decisions Reverse Australiamortgage in demand Households hold a large part of their wealth in the reverse and mortgages housing form of allow households to access this wealth without having theory economic While move. suggests sell and to reverse popular, that these products be should mortgage In small internationally. markets are 2019 Chief Investigator Hazel Bateman together with Associate Investigator Katja Hanewald and CEPAR PhD student Tin Long Ho commenced a project to investigate the role of mental accounting framing and explaining in this will be fielded in early 2020. Psychology of School Deputy the of and Head Associate CEPAR Psychology a Sydney UNSW and at Investigator. making decision and choice underlying judgment, knowledge to this application of the and environmental, forensic medical, and financial contexts. He has published over 100 journal articles primary the the author of is chapters and book and leading text, Straight choices: The psychology of decision making government partners climate projects including on retirement communication, wealth-planningchange experimental adopts work protection. His child and
PROFESSOR BENJAMIN R. NEWELL Nottingham,BSc PhD UNSW INVESTIGATOR ASSOCIATE Life events triggers superannuation for as engagement like life decisions financial eventsMajor and divorce or childbirth, home, marriage, buying a changing jobs have the potential to act as ‘triggers’ expectations changes in for and samples matched of Using behaviour. with data merged member superannuation mortgage commencement Chief data, AssociateInvestigator Bateman and Hazel Investigators Susan Christine Eckert Thorp and investigated the role of home purchase as a with superannuation. engagement for trigger who members fund that super indicated Findings residential indeed mortgage new did out a took superannuation contribution their change after /or years before and three the in behaviour mortgage commencement, compared with as those who did not, with significant differences in mortgage by impact type and and timing demographics (Bateman et al., 2019). In 2020 this different the extended unpack be will to work responses from investors. homeowners and
and in volumes published by volumes published in and ERIK HERNÆS ERIK Oslo Oecon Cand Erik Hernæs is a Senior Research Fellow at the Ragnar Frisch Centre for Economic Research at the University of Oslo, one of Norway’s leading economics research centres. Erik’s primary research interests are related to pension economics and he is currently leading a project on evaluating the labour market effects of reform.Norwegian pension After working at Statistics Norway, he became the inaugural Director of the Frisch Centre in 1999. He was one of the first researchers to organise administrative register data and use these for major a econometric now analysis. is This research focus of the Frisch Centre. productivity, published on has Erik education, the retirement,unemployment in and Scandinavian Journal of Economics, Oxford Bulletin of Economic Research, Journal of Pension Economics and Finance, Journal of Health Journal Economics, Public of Journal Economics, of Labor Economics the NBER, Kluwer, Edward Elgar and Routledge. Erik collaborates with Professor Piggott on 4.4. Project
DR ANDRÉS VILLEGAS BSc Mathematical Eafit Engineering University, University IndustrialMSc Engineering Los of Andes, PhD ActuarSc Cass Business School, City University London of Andrés Villegas is a Senior Lecturer at the School Associate Actuarial an Studies and and Risk of Investigator at CEPAR where he was previously a Research Fellow.He completed his doctoral studies Cass at London Business in School of projection modelling and the on focusing mortality. Andrés’s research interests include mortality modelling, longevity management risk analytics application of in the and techniques recent His finance. actuarial and science research has focused on assessing the trends socioeconomic implications of financial and differences mortality. in also committed Andrés is to the development of tools that can help make research accessible industryacademic more to the is actuarial He community. wider the to and Package R the of maintainer and developer StMoMo for stochastic mortality modelling which has achieved 23000+ downloads and is now being researchers, by used insurance managers, risk supervisors world. students the and around Andrés collaborates with Professor Sherris and his team on projects 4.1 and 4.5.
PROFESSOR JULIE BYLES B Med PhD N’cle (NSW), FAAHMS Professor Julie Byles is Global Innovation Chair in Responsive Transitions in Health and Ageing at the University of Newcastle, Director of the Priority Health Research Generational Centre for and Ageing, and a Director of the Australian Health. She Longitudinal Study Women’s on collaborates with Professor Cumming as an Associate Investigator Project on 4.3. interests are Julie’s epidemiologist, clinical a As in risk determination, health assessment, other measurement of and evaluation, care health Fellow gerontologist outcomes.health and a As Australian the of Association Gerontology, of her research interests in ageing include the role services, health of preventive activities, and treatments maintaining in quality of life for physical, determining in and people, older factors social psychological associated and of health mental and physical with optimal age. they as women and men Julie is also Head of the International Longevity Centre - Australia (ILC-Aus), Chair of the International Association of Research and Social Gerontology Oceania) (Asia frequent advisor a sub-committee,Planning and to the World Health Organisation, assisting with translation ageing. health and evidence on of OTHER ASSOCIATE INVESTIGATORS INVOLVED IN STREAM 4 RESEARCH IN2019 INCLUDED: FEATURED ASSOCIATE INVESTIGATORS ASSOCIATE FEATURED
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, among , Quantitative Finance Quantitative and and his team on projects 4.1 and 4.5. others, and has been presented various at been has others, and international conferences. Jonathan collaborates with Professor Sherris ASSOCIATE PROFESSOR JONATHAN ZIVEYI JONATHAN PROFESSOR ASSOCIATE BSc (Hons) Applied Mathematics NUST Zimbabwe, QuantitativePhD GradCert UTS, Finance University Learning UNSW Teaching and Jonathan Ziveyi is an Associate Investigator at CEPAR based at the UNSW Business School where he is an Associate Professor, Honours Program Postgraduate and ResearchCoordinator Actuarial and Risk of School the in Coordinator Studies. He received his PhD in Quantitative Finance from Sydney his where Universitythe Technology of thesis was on the evaluation of early exercise options. exotic current researchHis interests longevity include product management,risk retirement income in guarantees embedded of valuation design, under pricing option and annuities variable stochastic volatility. His research output has quantitative in published and finance been actuarial journals Mathematics such as Insurance: Economics and ASSOCIATE PROFESSOR LORETTI DOBRESCU I. BA (Hons) Nottingham Trent University, MSc West University University Timisoara, PhD of Padua of Loretti I. Dobrescu is an Associate Professor in is She Sydney. UNSW Economics, of School the also an Associate Investigator in CEPAR where collaborates Financialshe Guiding with the team. Making Decision Loretti established an researcher is with expertise structural developing in models and using panel data and bounds methods to study various issues related to savings and cognition in older age. She has published significantly in top international journals economics and of generally activemathematical in is modelling and the field of microeconometrics, with particular Health and Ageing of Economics the on emphasis Economics. Loretti was also part of the backbone that first developedteam the comprehensive dataset of ageing in Europe – the Survey of Europe. in Retirement and Ageing Health, (2009) with (2009) . In 2011 she was awarded on an AFIR related topic. She has (Italy) and Associate Editor of the PROFESSOR ANNAMARIA OLIVIERI ANNAMARIA PROFESSOR Business University Economics in Degree Parma, of Statistics Actuarial and Science in Degree University of Florence, PhD University of Brescia Annamaria Professor Olivieri is Mathematical of Actuarial Economics, Methods for and Science Finance in the Department of Economics at the University Parma. of Her areas of research include life and health is management. She risk modelling and insurance actuary Istituto the an of full member and Italiano Attuari degli European Actuarial Journal Haberman. and Pitacco, Denuit the Bob Alting von Geusau Memorial Prize, together Prize, Geusau Memorial von Alting Bob the published best paper the with Ermanno Pitacco, for in the Bulletin ASTIN continuous professionalpresented in development Italy andcourses masters (in and programmes the in non-actuaries, actuaries both for and abroad) actuarial of management mathematicsfield risk and techniques. She is an author and co-author of many to research articles textbooks, the Introduction and Insurance Mathematics: Technical and Financial with Features of Risk 2nd edition Transfers, (2015) Dynamics ModellingErmanno Pitacco, and Longevity Business Annuity and Pensions for
. She has Results positive a show effect of children’s migration on their elderly their on parents’ health. Population, Space and Place. also co-authored reports and books on health and also on co-authored reports books and Report Annual The related issues, as migration such a been has She International Chinese Migration. on as journals, such several academic for reviewer Urban Studies, China Economic Review, and settlement intentions of China’s rural-urban wellbeing of informal and care migrants, relatedcaregivers policy theoretical the and and implications of ageing and migration in China, internationalAustralian context. the and Her and national both in published research been has Urban journals, including international academic Studies, Urban and Environment Studies the and Chinese Journal of Population Science on health. Preliminary analyses revealed that adverse daily had persistent impacts on pain activities performance, physical and after health and socioeconomic for adjusting attributes. of management Early detection and mitigate could persistent avoidable pain functional limitations in later life. health the and migration Rural-urban of elderly parents in China Stafford, Hanewald and Zhang studied the effects of adult children’s labour migration on the health of their elderly parents in rural China, using the 2011 and 2013 waves of the China Health and Retirement Longitudinal Study (CHARLS). Villages that received a higher number of urban sent- down youths during the Cultural Revolution had higher rates of migration back to urban areas in 2011--2013. Results show a positive effect of children’s migration on their elderly parents’
Her current life research the Her examines Sisi Yang is a CEPAR Senior Research Associate, Senior CEPAR a is Yang Sisi Sisi’s research issues interests on focus Sisi’s and employment, subjective wellbeing ofand including health wellbeing, workers’ and migrant adults, older inequality, mainly based on data from large scale data. interview and censuses surveys, permanent China, satisfaction in adults older of located in the UNSW Business School. She joined Business joined UNSW School. the She located in workers wellbeing, migrant ageing, relating to the Centre in July 2018. She completed her master’s master’s completed her She 2018. July Centre in the Academy Chinese of the at Demography in degree Social Sciences (CASS), and received PhDs in University from Macquarie Demography and CASS in 2017. RUO JIA ZINING LIU YOUJI LYU WEI ZHENG UNIVERSITY) PEKING (ALL QIAN LU XIAOJUN WANG can persistent whereby pain age, people as affect physical function and quality of life. Cumming Yiengprugsawan, and Piggot persistent impactsinvestigated of the pain (BOTH RENMIN(BOTH UNIVERSITY) ZHANG XIAOYUN functional limitations middle-aged among Indonesians older and experience common increasingly an is Pain (SOUTH CHINA NORMAL UNIVERSITY) NORMAL CHINA (SOUTH MI HONG GUANGGANG FENG UNIVERSITY) ZHEJIANG (BOTH The Ageing Asia Research Hub, in transition from Australia-Chinathe Research Population Ageing Hub which it is replacing, has advanced research in three main streams in 2019: Healthy ageing, retirement income. and care long-term HEALTHY AGEING Dynamics of pain and impacts on
DR SISI YANG MA CASS, PhD Macq. & CASS. RESEARCH SENIOR ASSOCIATE
(CENTRAL UNIVERSITY OF FINANCE FINANCE OF UNIVERSITY (CENTRAL BEIJING) ECONOMICS, AND RESEARCHERS HANEWALD KATJA BATEMAN HAZEL ROBERT CUMMING PIGGOTTJOHN FANG HANMING JOHN BEARD BEI LU YUANYUAN DENG GAOYUN SOPHIE YAN YANG SISI YIENGPRUGSAWAN VASOONTARA YUDANDAN DENZIL FIEBIG WU SHANG MINGXU YANG HO LONG TIN CHENG WAN External Collaborators (ANU) WITOELAR FIRMAN TESS STAFFORD (UNSW) SYDNEY) OF (UNIVERSITY STANAWAY FIONA PU LIAO THEASIA AGEING RESEARCH HUB
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and older adulthood.and a protectivea factor against Internet use could serve as cognitive decline in mid-life mid-life in decline cognitive Internet users.After controlling for the effects of Internet users tended two years prior, cognition to score higher on cognitive tests than non- survived alternative across findings These users. specifications.subsamples model and The results suggest that cognitive decline in later technology adoption lower life explain the may Internet individuals. Meanwhile, older among rate use could serve as a protective factor against adulthood. older and mid-life cognitive in decline
Dandan Yu is a CEPAR Research Fellow located in She has a PhD in Economics from UNSW. Her PhD the UNSW Business UNSW School.the resources of the sharing within studies the thesis a obtained she Before starting PhD, her family. from Economics in degree Master’s a and Bachelor’s research interests main University.Peking Dandan’s later in involvement social and health decisions in lie expertise alsolife. has She econometric modelling in current research Her programming. STATA and activities social health behavioursfocuses and on for seniors in China. A cross-laggedA analysis panel reciprocal the examined Fiebig and Yu relationship cognitive between and Internet use older and middle-aged among time function over populations in China. They used data from the first three waves of CHARLS, where participants provided information Internet and use on cognitive function measures at the baseline in 2011 as well as two follow-ups in 2013 and 2015. Cross-lagged panel models were fitted to test the reciprocal associationthese years. over four individuals with higher older and Middle-aged cognitive function were more likely to be regular middle-aged and older adults in China: China: adults in older and middle-aged different statistical understand the models to impact of health insurance on the life satisfaction With adults. high-quality older coverage of of government health (e.g. insurance health satisfied more be to tend adults older insurance), with life, controlling for other potential status, health variables (e.g. confounding demographic and occupation, education) variables. study The important provides an evidence policymakers base for addressing the challenges social from and arising economic China. in population ageing among Internet cognition and use
DR DANDAN YU Peking, Econ M BEcon PhD UNSW RESEARCH FELLOW to gain a deeper understanding of the health the understanding of deeper a gain to insurance system and its impacts on the wellbeing of older adults. They used data from the 2011, 2013 and 2015 waves of CHARLS and The role of health and health insurance role healthThe of and Sisi Yangand Hanewald studied the life order satisfactionin people Chinese older of health. Children’s migration increases older parents’ ability to perform activities of daily living (ADL) and increases their mental health scores. significantFalls mortality a are indicator: risk Retirement Health and Evidence China from the Longitudinal Survey Stanaway, Lu, Mingxu Yang and Cumming examined the impact of falls on transition to mortalitydisability, healthy life and expectancy in China, using the 2011 and 2013 waves of CHARLS. They found that about 20% of adults aged 60 two previous the fallen in had over years and years. Compared to non-fallers, those who fell were three times more likely to develop ADL followingdisability two-year period. the in falls large of impact The the emphasised importance targeting falls of prevention and falls research in China. Life satisfaction adults: older of THE AGEING ASIA RESEARCH HUB
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CEPAR LONG-TERM CARE An experimental study of the demand for bundled RETIREMENT INCOME AND MORTALITY MODELLING Household economic impacts of family longevity and health insurance products Public pensions and consumption: ANNUAL REPORT 2019 • RESEARCH caregiving: Longitudinal findings in Indonesia Wan, Bateman, Fang and Hanewald conducted Evidence from China Family care is a large part of an informal workforce an online experimental survey to elicit and Zheng, Lyu, Jia and Hanewald analysed the and there is increasing demands in ageing analyse preferences for bundled longevity and relationship between the pension system and populations. Yiengprugsawan, Piggott and health insurance products in China. The study working-age adults’ consumption from two Witoelar used the Indonesian Family Life Survey provides empirical evidence of the interaction perspectives: the pension enrolment and the to investigate family care giving among between longevity and health insurance expected protection level of the pension system households with at least one care recipient aged products, the impact of having access to hybrid as measured by expected replacement rate, 50 years and over. Primary caregivers were most annuity/critical illness/long-term care insurance based on data from the China Health and often daughters and sons followed by spouses. products on the demand for longevity insurance, Retirement Longitudinal Study (CHARLS). Their An increasing number of care recipients was as well as insights about the preferences for results indicate that the pension system can associated with lower household economic status. product attributes. serve as the promoter of working-age adults’ consumption only when working-age adults’ Long-term care insurance financing using Substitutional effect of long-term care expected protection level of the pension home equity release: Evidence from an to medical health expenditure system is high enough. experimental study In China, most long-term care is provided by top Long-term care (LTC) insurance protects against and second tier hospitals, which are already future unexpected LTC costs. Ho, Bateman, Fang overcrowded. Bei Lu, Feng, Yan and Hong studied and Hanewald developed a new financial product the implementation of the Comprehensive Care which allows individuals to use their housing Insurance for Disabled Elderly (CCIDE) which began [The team] developed a new wealth to fund LTC insurance premiums. To as a pilot in Qingdao in 2006. Our findings suggest financial product which that from a cost perspective, overall, there is a ascertain the demand for this new product, allows individuals to use they conducted and analysed an experimental reduction to costs. Given the reduction in costs their housing wealth to fund online survey that focused on Chinese and admission, this does indicate some level of homeowners aged 45-64. This approach was success with the program. LTC insurance premiums. shown to be a viable solution to both the LTC insurance and the reverse mortgage puzzles.
DR VASOONTARA Dr Yiengprugsawan is a CEPAR Senior Research Observatory on Health Systems and Policies YIENGPRUGSAWAN Fellow at the UNSW Business School, UNSW Sydney. (2014-2016), and coordinated the Australian BA Thammasat University, Her research focuses on life course determinants Research Council Discovery Project on ageing, MA Maxwell School of of health and wellbeing, risk factors relating to health and productivity in China and Australia Syracuse University, PhD ANU non-communicable diseases and chronic care (2016-2019). SENIOR RESEARCH FELLOW management, and the role of primary health care She has been collaborating on international and universal health coverage in Asia. ageing cohort studies, including the English Vasoontara has been affiliated with CEPAR since Longitudinal Study of Ageing and the Pelotas Brazil 2014 and is currently investigating health-wealth Birth Cohort. Vas previously worked in policy and dynamics in later life and long-term care policy in research at the United Nations International emerging economies (including Indonesia, Thailand, Organization for Migration and was awarded a PhD and Vietnam). in 2009 from the Australian National University in She previously led analyses for over a decade of epidemiology, economics, and population health. the Thai Cohort Study (2005-2014), held a fellowship from the World Health Organization’s Asia-Pacific 73
Coherent mortality modelling for China’s policy change on labour force participation and CEPAR provinces in a Bayesian framework consumption decisions and assess the welfare implications for the two skill groups. A key finding ANNUAL REPORT 2019 • RESEARCH Qian Lu, Hanewald and Wang studied provincial was that the planned reform creates incentives mortality in China. Alternative modelling for both skill types to work longer but also approaches generate differing results, reduces welfare, especially for low-skilled suggesting that researchers should choose the workers. Such results are relevant for other forecast process carefully when modelling developing countries grappling with pension mortality in China. reform. Delay the pension age or reduce the pension Independent fundraising initiatives for the Hub benefit? Implications for labour force are already underway. A total of four Scientia PhD participation and individual welfare scholarships have been awarded to projects in The Chinese Government has announced plans to the Hub over the last two rounds, with a total gradually increase the retirement age from value of $800,000, plus fee waivers. More between 50 to 60 to age 65. In this project, initiatives are under review, and planned for 2020. Hanewald, Deng, Fang and Wu developed a life cycle model of labour supply to quantify the predicted implications of this reform for labour force participation and individual welfare. The agents in the model are heterogeneous in skill and have different earnings profile, health dynamics, and out-of-pocket healthcare A key finding was that the planned [pension] reform expenditures. They calibrated the model using creates incentives for both skill types to work longer but also data from CHARLS and the Chinese Longitudinal reduces welfare, especially for low-skilled workers. Healthy Longevity Survey (CLHLS). Using the calibrated model, they then performed policy simulations to investigate the impact of the
DR YUANYUAN DENG Yuanyuan Deng is a CEPAR Senior Research Her research encompasses the areas of public MA PhD SUNY-SB Associate, located in the UNSW Business School. economics, health economics and social insurance. SENIOR RESEARCH She joined the Centre in July 2018 after working for Her current research investigates the impact of ASSOCIATE two years as a Visiting Assistant Professor for the delaying the public pension age on individual Singapore Management University School of financial decisions using a life cycle model for Business. two types of Chinese urban workers: high-skilled She received an MA and PhD in Economics from and low-skilled. She is also working on projects the State University of New York-Stony Brook in the that analyse the effects of health insurance, United States. During her PhD study, she received a working decisions and Medicare buy-in on grant from the Michigan Retirement Research Center individuals’ Medicare enrolment decisions, and a Dissertation Fellowship from the Center for as well as the effects on Medicare costs of work, Retirement Research at Boston College. delayed enrolment and buy-in.
. Economic Review
and the International He was elected as a Fellow of the Econometric Society in 2018. Before joining the Penn faculty, he held positions University University. Duke Yale and at PROFESSOR HANMING FANG BA Fudan, MA Virginia, PhD Pennsylvania Hanming Fang is Class of 1965 Term Professor of Economics at the University of Pennsylvania and a Research Associate at the National Bureau of Economic Research, where he served as the Acting Group Working Economy Chinese the of Director from 2014-2016. He is also a Research Associate of the Population Aging Research Center, a Senior Fellow at the Leonard Davis Institute of Health Executive an and Economics, Committee Member of the Center for the Study of Contemporary China, all at the University of Pennsylvania. He is also a and Economic of Bureau Asian Fellow the of Senior Research a and Singapore, ResearchFinance in Fellow of the IZA in Germany. with microeconomist broad applied an is He interests on empirical focusing theoretical and public economics. His current work focuses on issues markets, insurance particularly related to between interaction reform insurance health the and the labour market. He also studies the Chinese economy, particularly in relation to security. social and population ageing He has been a co-editor for leading economics Journal the journals, including of Public Economics PROFESSOR BEARD JOHN MBBS Adel.,PhD USyd John Beard is a Professor at CEPAR in the UNSW Business School. In this role, he shapes the development and growth of the Centre’s research program, especially projects focused on Asia. John Beard is a former Director of WHO’s Department of Ageing and Life Course, a position he held from 2009 to 2018. During his time at WHO he was also the Director of the Department of Gender, Women and Health from 2010 to 2012. He was a lead writer and editor of the first WHO World Report on Ageing oversaw and and Health (2015), the development of the Global strategy and action plan on ageing and health, adopted by WHO Member States in May 2016. In 2010, he launched the Global Network of Beard Communities. John and Cities Age-friendly works closely with the World Economic Forum and is a past chair of their Global Agenda Council on Ageing and a current member of the Global Council Enhancement. Human Future of the on DR KATJA HANEWALD KATJA DR Berlin Humboldt-Universität zu PhD Econ MSc Katja Hanewald is a Senior Lecturer in the UNSW School of Risk and Actuarial Studies. She is also a CEPAR Associate Investigator and the Director of Research of the Ageing Asia Research Hub. research addressesHer and management risk insurance aspects of population ageing with a focus on China. Her current research investigates older of retirementoptimal decisions financial households in China and the design of retirement reverse productsfinancial as such mortgages, annuities. and insurance, care long-term Humboldt- positions at academic held Katja at and Universität Berlin, Germany (2008-2010), zu the University of New South Wales (2011-2013) Ministry Federal German of the at worked and doctoral her obtained She Finance (2013-2015). from Economics Humboldt-Universität in degree 2010. November Berlin in zu OTHER INVESTIGATORS INVOLVED IN THE HUB IN 2019 INCLUDED: FEATURED HUB RESEARCHERS
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75 CEPAR THE CEPAR RESEARCH ENVIRONMENT The program supports the development of EARLY AND MID-CAREER RESEARCHER leadership and relationship skills which mentees IS UNIQUE GLOBALLY IN ENCOURAGING MENTORING AND TRAINING will require to go on to independently establish ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING RESEARCHERS AT ALL CAREER ECRs and MCRs are mentored by CEPAR senior and manage large, complex multidisciplinary STAGES TO DRAW ON DEEP researchers and have opportunities to interact projects that are firmly engaged with national with experts within the five collaborating and international partners in academe, KNOWLEDGE OF THEIR OWN universities, as well as international leaders in government and industry. the field who visit the Centre during the year. A DISCIPLINES WHILE ENGAGING WITH Mentees may use the scheme to seek advice on range of events held throughout 2019 also COLLEAGUES FROM DIFFERENT career and goal planning; work/life balance; the provided frequent occasions to engage with our development of skills and leadership capabilities; COGNATE BACKGROUNDS. industry and government partners. Our ECRs and publication or grant application strategies; MCRs participate in Centre activities such as Our initiatives are aimed at developing or strategies for engaging with or translating workshops and seminars, serve on CEPAR researchers not only affiliated with CEPAR but research for stakeholders and/or the media. subcommittees and Stakeholder Reference also those affiliated with other national, and in Networking or other opportunities may also be Groups, contribute to the Centre’s working some cases international, groups focused on the facilitated through the mentor’s connections. issue. In this way, we plan to continue playing a paper series, and have opportunities to major role in national capacity building and develop a range of skills. The Scheme also enhances connection and collaboration within and across nodes as well networking, and to ensure impact in the longer CEPAR MENTORING SCHEME term. We are continuing with our initiatives that as with other institutions where our mentors are The formal CEPAR Mentoring Scheme, launched in were developed in the first term of funding as based. A survey of participants was conducted in 2018, matches senior researchers with ECRs and well as introducing new initiatives, reflecting 2019 to gain further insight into the program and MCRs to support the professional and personal our aim to continue to enhance the experience its benefits as well as support the development growth of the mentees. of researchers in our four targeted groups: of the program. mid-career (MCR), early career (ECR), PhD students, and undergraduates. CEPAR ANNUAL WORKSHOP CEPAR’s all staff workshop provided an opportunity for our researchers and students to gain an in-depth understanding of the entire CEPAR research program, including progress-to-date and future research directions. Participants also had the opportunity to network with their peers as well as take part in a poster presentation session.
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CEPAR FUTURE LEADERS IN AGEING PROGRAM In 2019, CEPAR ran its inaugural Future Leaders ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING Workshop at the Q Station, Manly. The program was developed by CIs Sharon Parker and Marian Baird with the facilitation of the program and its preceding activities and exercises carried out by Denise Weinreis, who specialises in coaching for leadership and teamwork. The program aims to develop the skills of CEPAR’s mid-career researchers, providing them with experience and training to support the next steps in their careers. Eleven people participated in the program which ran for a day and a half with attendees commencing the activities several weeks prior to the workshop. One-on-one video conferences were established with the participants and Denise who discussed a project or identified an area or skill that the attendee wanted to work on. On the first day of the workshop, participants presented their projects to their peers for feedback. Before the workshop concluded, the participants were tasked with taking their newly ECR METHODOLOGY WORKSHOP PARTICIPANTS WITH WORKSHOP FACILITATOR ANDREW KINGSTON. developed skill into their workplace and followed up via video conference with Denise a month later MEDIA AND COMMUNICATIONS TRAINING WORKSHOP to track their progress. In August 2019, a one-day Media and Communications Training Workshop was EARLY CAREER RESEARCHER METHODOLOGY WORKSHOP jointly hosted in Sydney by the ARC Centres A training workshop, ‘Advanced Longitudinal of Excellence for Climate Extremes (CLEX), Data Analysis in Ageing Research’ was hosted Mathematical and Statistical Frontiers (ACEMS), by the CEPAR UNSW node in December 2019. MEGAN GU Convergent Bio-Nano Science and Technology Research Fellow and Convened by CEPAR CI Kaarin Anstey and (CBNS), Quantum Computation and ECR Methodology Communication Technology (CQC2 presented by Dr Andrew Kingston, a Chartered Workshop participant T) and CEPAR. Statistician and a Research Fellow from MACQUARIE UNIVERSITY The workshop aimed to provide interested PhD Newcastle University’s Institute for Ageing in students and Early Career Researchers, based at the five Centres, with skills to develop the UK. The workshop explored why heterogeneity ‘The workshop offered an excellent opportunity for in health outcomes exist, to better understand confidence during interviews with the media me to learn about advanced analytical techniques and communicating their research to a wider the ageing process and how interventions can in ageing research and apply these to my own be deployed to increase healthy life expectancy. audience. The skills developed are also valuable research areas. The workshop was well structured in preparing for job interviews, fellowship The workshop covered some statistical with a good mix of theory and practical application. techniques that allowed the participants to applications, delivering presentations or The latter allowed us to put the theoretical writing articles. quantify the impact of person-specific factors on techniques into practice using R. Andrew is competing health outcomes and how they impact an engaging presenter and very passionate healthy life expectancy, providing training in the about research and statistics which made use of data sets and statistical software. the sessions very enjoyable’. 77 CEPAR on ageing and health related research papers during my stay. ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING I also made much progress in the field of multi- state life-table models. Under the guidance of CEPAR Research Fellow Pengyu Wei, I worked on a working paper about healthy life expectancy for the Chinese elderly, with a focus on chronic diseases and morbidities for old age smokers. I plan to submit the paper in 2020. In addition, I enjoyed interactions with other CEPAR personnel and visitors and established new networks with researchers in ageing’.
CEPAR PHD STUDENTS AND EARLY CAREER RESEARCHERS PARTICIPATING IN A MEDIA AND COMMUNICATIONS TRAINING WORKSHOP Five international PhD students from China were hosted by the UNSW CEPAR node in 2019. NATIONAL AND INTERNATIONAL As an example, Mingxu Yang visited the CEPAR The students visited for extended periods of time NETWORKING OPPORTUNITIES UNSW Sydney node to work on a joint paper with to work with CEPAR Research Fellows and Chief Creating opportunities for young researchers to Dr Bei Lu. The paper focused on the significant Investigators on their PhD projects and the visits develop their international networks and mortality risk indicators associated with falls provided them with the opportunity to attend communicate the results of their research to using evidence from the China Health and many of CEPAR’s events and workshops during international peers continued to be an area that Retirement Longitudinal Survey (CHARLS) in China. their stay. the Centre invested significant resources. Yang visited CEPAR from the School of Public Management, South China Agricultural University International visiting PhD students in 2019 The Centre’s visitors’ program also provided from 1 July to 2 September to prepare the joint included: students, ECRs and MCRs with opportunities working paper. to expand their international networks. This Xuemeng Ding included international experts who were University of International Business and distinguished speakers at 2019 CEPAR or Economics, China CEPAR-sponsored events such as the 27th 1 September 2018 – 3 September 2019 Colloquium on Pensions and Retirement Research Willem Eichelbroom and the Longevity Risk Workshop. Many of the Erasmus University Medical Center, the Centre’s visitors spent extended periods of time Netherlands at the Centre meeting with CEPAR personnel MINGXU YANG 22 July – 20 September 2019 to discuss CEPAR research and the development Research Fellow of joint projects. For our junior researchers, this and international visitor Chen Fan provided an excellent opportunity to exchange SOUTH CHINA School of Economics and Management, Tsinghua AGRICULTURAL UNIVERSITY ideas and perspectives with a range of University, China multidisciplinary experts in an informal setting. 3 September 2018 – 3 September 2019 ‘My two month visit to CEPAR as an Early Career Hosting visiting ECRs and PhD students from Researcher was very valuable to my research. Yu Crystal Fu institutions with which CEPAR is building a Before this visit I collaborated with Dr Bei Lu and China Institute for Actuarial Science, collaborative research program, also expanded published a paper about changes in morbidity Central University of Finance and Economics, the networks of its young researchers and prevalence and morbidity-free life expectancy Beijing, China fostered the development of collaborative of the elderly in China. We continued to collaborate 28 February – 20 September 2019 research relationships. RESEARCH TRAINING AND MENTORING
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CEPAR Qian Lu School of Statistics, Renmin University, China ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING 21 January – 31 December 2019 Qiqi Wang School of Statistics, Renmin University, China 22 August 2019 – 22 August 2020 KOFI AWUVIRY-NEWTON PhD Student and HDR Student Conference Travel Recipient UNIVERSITY OF NEWCASTLE
‘Attending the 48th Canadian Annual Scientific Meeting Conference in Moncton in Canada would have been difficult without the funding support QIAN LU that was awarded to me under the CEPAR HDR Visiting PhD Student Student Conference Travel Scheme. At the RENMIN UNIVERSITY conference, I had the opportunity to present my paper, “Activities of Daily Living, Instrumental ‘I visited CEPAR at the UNSW Sydney node as a Activities of Daily Living, and Toileting Difficulties PhD student as part of the UNSW Study Abroad among Older Adults in Ghana: An Application of Research Practicum Program under the supervision World Health Organisation International of CEPAR Senior Research Fellow and Associate Classification of Functioning, Disability and Health Investigator Katja Hanewald. The twelve-month (ICF) Framework”. This conference provided me with visit allowed us to successfully complete our joint the opportunity to expand my research project “Bayesian hierarchical multi-population collaboration networks and alerted me to exciting mortality modelling for China’s provinces” and start project topics which I could conduct in the future in a new project on the mortality of the oldest old in the Ghanaian context. I really appreciate the China’s provinces in collaboration with CEPAR support I received from CEPAR as it has given Associate Investigator Dr Andrés Villegas. CEPAR me the opportunity to take my academic provided an ideal environment to do research and research to the next level.’ various opportunities to attend workshops, seminars, and conferences, which were very helpful to my work. It was a wonderful experience to work with the CEPAR research team and professional staff.’ CEPAR students were also encouraged to present their research at international conferences and CEPAR provided funding to assist with travel expenses. 79 CEPAR CEPAR’s funding support also allows the ERA extend that warmth to other researchers – it just HIGHER DEGREE RESEARCH TRAINING administrative team to coordinate educational and feels like there is a whole lot of kindness in the room, 42 HDR students were enrolled under the mentoring activities for research students in the a lovely thing to experience in academia. I also ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING supervision of CEPAR Investigators and working ageing field. The key annual ERA activity is the ERA enjoyed CEPAR Chief Investigator Marian Baird’s on topics aligned with the Centre’s research National Conference. In 2019 the conference, now keynote encouraging emerging researchers to agenda in 2019. Details of their research theses in its 18th year, was hosted by CEPAR. The theme contribute and become part of the change in terms are provided on pages 81 – 83. These students was ‘Equity and Diversity’, and featured keynote of gender statistics at universities’. have the opportunity to participate in a range presentations from CI Marian Baird and Prof Renae ERA participants had the opportunity to attend of Centre activities, including conferences Ryan, both from the University of Sydney. The two post-conference workshops, focused on and workshops and meetings with conference featured 45 oral presentations and five bringing researchers and the community international visitors. poster presentations that addressed various together, and disseminating research to the aspects of ageing, including ageing in the community: The Centre contributes to the development of community; cognitive health; diversity in dementia national research capacity more generally care; equity and diversity in ageing, finance and • ‘Working with Diverse Populations in through support for Emerging Researchers in work; mental health; models of care; Ageing Research’ – an interactive workshop Ageing (ERA), an initiative which aims to bring pharmaceutical care; physical activity and falls providing an overview of working with diverse together students interested in ageing research prevention; predicting health outcomes; service populations in ageing research, including and provide them with opportunities to form use and planning; and technology in ageing. ERA aspects of the value of inclusive research, networks and undertake collaborative provided 16 bursaries to student presenters to ethical issues, and practicalities. Presented endeavours. In 2019, ERA membership continued support their attendance at the conference. by Dr Kylie Radford, Dr Louise Lavrencic, and to grow, with over 900 registered members, Belinda Ducker from Neuroscience Research primarily graduate students drawn from a wide Australia (NeuRA), featuring guest presenters range of disciplines but also key professionals, Dr Karen Croot from the Centre for Healthy industry stakeholders and representatives from Brain Ageing (CHeBA), UNSW Sydney, Zara Page peak bodies in the ageing field keen to play a role from UNSW Sydney, and Prof Elizabeth in supporting emerging researchers. Fernandez from the School of Social Sciences, ERA members have the opportunity to participate JANET MACCORA UNSW Sydney, and facilitated by Dr Matthew in the annual conference, as well as take PhD Student and Carroll from Monash University. advantage of other opportunities, for example, ERA Conference • ‘Knowledge Translation: Turning Research the ERA travel exchange scheme. With funding Participant into Action’ – an interactive workshop support from CEPAR, in 2019 ERA awarded one UNSW SYDNEY providing participants with an understanding international exchange (Kristie Weir from the of the core principles of knowledge University of Sydney who will be travelling to the ‘What I love about the ERA conference is that it translation. Presented by Dr Lidan Zheng and University of California, San Francisco and the enables researchers from very different fields to Kim Burns from the Dementia Centre for University of Rochester Medical Centre) and two come together to share their common interest in Research Collaboration (DCRC), UNSW Sydney, domestic exchanges (Kylie Crnek-Georgeson from ageing. Because of this shared interest and the fact and Dr Natasha Ginnivan from The Kirby the University of Sydney who will be undertaking that everyone is at a similar career stage, from the Institute, UNSW Sydney, and facilitated by an exchange at the University of New England and very beginning you feel like you’re among friends, Jane Hwang also from UNSW Sydney. Jeanie Boon from Swinburne University who will and by the end of the day, you really are. Everyone be working with colleagues at the University of else is just as nervous as you are, tentatively Tasmania). presenting the work they have laboured over for months to a real live audience for the very first time. For that reason, you’re pretty much guaranteed a warm reception for your own work and you get to RESEARCH TRAINING AND MENTORING
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CEPAR This year’s ERA-Australian Association of Carina Stone and David Jinsong Wu Gerontology (AAG) joint conference workshop An examination of the effects of demographic ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING focused on ‘Career Pathways in Ageing’, featuring changes on national savings and current A/Prof Marguerite Bramble from Charles Sturt accounts using a panel VAR model University, Dr Diane Hosking from National Seniors Nora Ngoc Thao Nguyen Truong Australia, and Sue McGrath from The Benevolent Risky decision making among older adults with Society. They each spoke about their diverse and without cognitive impairment career pathways, highlighting the challenges and NORA TRUONG opportunities of developing and maintaining a Raisa Islam BPsych/Law rewarding career in ageing. The session was well Expectations regarding ageing and cognition UNSW SYDNEY attended and generated strong discussion. among older adults ERA also collaborated with the AAG to host a joint Yao Xiao ‘The Summer Research Scholarship provided me webinar on how to build a strong online presence Life satisfaction of older Chinese: Understanding with the unique opportunity to be part of a and increase the visibility of participants and the regional variations multidisciplinary project focusing on cognitive their research, presented by Penny Presta and ageing and dementia. The CEPAR Research Fellows Anne Young from Monash University, and allowed me the freedom to explore and develop my facilitated by Saliu Balogan from the University of The program is designed to provide students with own research questions while offering insightful Tasmania and Dr Matthew Carroll from Monash a taste of working in a research centre and inspire feedback and guidance at every stage of the University. This webinar provided participants them to pursue research studies. project. The six-week experience has broadened with information about techniques to increase my understanding of collaborative research and the visibility and reach of researchers and their sparked further interests in ageing research’. research outputs, including the pros and cons of online social and academic networks, and ‘altmetric’ tracking. The session was very well attended with over 70 registered participants.
UNDERGRADUATE STUDENT ENGAGEMENT RAISA ISLAM SUMMER SCHOLARSHIP PROGRAM BPsych (Hons) The CEPAR Summer Scholarship Program is now in UNSW SYDNEY its fourth year. The program provides successful applicants with the opportunity to work under the ‘As a Summer Research Scholar, I was given the supervision of CEPAR Research Fellows for up to a privilege of having my own project to work on, six-week period over the summer break. The centring on healthcare outcomes for older program generated a great deal of interest from individuals and how this might be influenced by undergraduate students in Economics, age stereotypes. I was fortunate to work with Psychology and Actuarial Studies who competed research fellows who navigated me through my for five awards. The successful students and work. They were genuinely amazing mentors who their research projects were: were generous with their time and guidance. As a research scholar, I gained invaluable insight into research as a career and developed skills that will ease the transition into my PhD commencing 2020’. 81
JACINTA BORILOVIC CEPAR CEPAR RESEARCH STUDENTS Thesis: Evaluating the use of technologies
to support older Australians to age in place ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING CEPAR affiliated students work under the supervision of CEPAR Investigators Supervisor: A/Professor Kate O’Loughlin on topics aligned with the Centre’s research agenda. In 2019 a total of 42 PhD Co-supervisors: Professor Lindy Clemson and Dr Meryl Lovarini students and three Honours students were affiliated with the Centre. MENGXUE CHEN HDR COMPLETIONS Thesis: Health inequalities in China with its rapid demographic This year four PhD CEPAR affiliates submitted their theses and socioeconomic changes for examination and/or graduated: Supervisor: Professor Zhongwei Zhao Co-supervisors: A/Professor Vladimir Canudas-Romo and Dr Adrian Hayes RICHARD ARTHUR JENNIFER CULPH Thesis: Is anxiety a risk factor in cognitive ageing? Thesis: Health organisations and innovation: The implementation Supervisor: Professor Kaarin J. Anstey of a community dementia care program Advisors: Dr Richard A. Burns, Dr Moyra E. Mortby and Professor Richard Supervisor: Professor Lindy Clemson O’Kearney Co-supervisors: Dr Kate Laver and Dr Justin Scanlan MIJANUR RAHMAN ARPITA DAS Thesis: Modelling trajectories to aged care service use Thesis: Nutrient intake and its effects on health outcomes among older Australian women and mortality among older men living in Australia: The Supervisor: Professor Julie Byles Concord Health and Ageing in Men Project Co-supervisor: Associate Professor Liz Holliday Supervisor: Dr Vasant Hirani LYNDA WOODWARD Co-supervisor: Professor Robert Cumming Thesis: The experience of older men and women on falling, recovery DANIEL DINALE and participation in a long-term management program Thesis: Varieties of gendered capitalism: Supervisor: Professor Lindy Clemson Understanding variations in cross-national patterns Co-supervisors: A/Professors Cathie Sherrington and Karen Willis of female employment in post-industrial nations DANDAN YU Supervisor: Professor Marian Baird Thesis: Three essays on household decision-making Co-supervisor: Dr Chris F Wright Supervisor: Professor Denzil Fiebig DOROTHY DUDLEY Co-supervisor: Professor Denise Doiron Thesis: Understanding personal goals in retirement and their relationship with life satisfaction - PHD STUDENTS An Australian perspective In addition to those who submitted their PhD theses in 2019 the students Supervisor: A/Professor Kate O’Loughlin listed below were also affiliated with CEPAR: Co-supervisors: Dr Vanessa Loh and Dr Sophie Lewis NICOLE EE Md MUHAMMAD ABSOR Thesis: The impact of social engagement on cognitive health Thesis: Inequality in later life in rural Indonesia: and wellbeing in older adulthood: An investigation of Why gender, ethnicity, region and social class matters barriers, enablers and mechanisms Supervisor: Dr Iwu Utomo Supervisor: Professor Kaarin Anstey Co-supervisors: Professor Peter McDonald, Dr Arianne Utomo and Dr Brian Co-supervisors: Dr Ruth Peters and Dr Fiona Matthews Houle LISA GULESSERIAN TSENDSUREN BATSUURI Thesis: ‘Uber daddies’, Gig work, flexibility and workplace Thesis: Economic and carbon emissions implication engagement across the lifecycle: A case study of work of asymmetric global demographic transition organisation and Uber drivers, experiencing fatherhood, job Supervisor: Professor Warwick McKibbin change and retirement Co-supervisor: Dr Larry Liu Supervisor: Professor Marian Baird Co-supervisor: Dr Alex Veen RESEARCH TRAINING AND MENTORING
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CEPAR TIN LONG HO YULONG LI Thesis: Retirement financial planning: The role of housing Thesis: Health status, mortality heterogeneity and implications
ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING and new retirement financial products for post-retirement product innovation Supervisors: Professor Hazel Bateman and Dr Katja Hanewald Supervisors: Professor Michael Sherris and A/Professor Jonathan Ziveyi Co-supervisor: Professor Hanming Fang Co-supervisor: Dr Andrés Villegas ALIZA HUNT JANET MACCORA Thesis: Ageing well in Indonesia: Meeting the mental health Thesis: Interrogating the association between education needs of elderly Indonesians and older-age cognition Supervisors: Professors Peter McDonald, Phil Batterham and Supervisor: Professor Kaarin J. Anstey Zachary Steel Co-supervisors: Dr Ruth Peters and Professor John McCallum Co-supervisor: Dr Steve McEachern MITCHELL MCMASTER ` HOÀNG THI. NHÂ. T HUYÊN Thesis: A randomised controlled trial of multidomain dementia risk Thesis: Modelling Policy toward Ageing in Emerging Economies: reduction for cognitive decline (BBL-CD) Indonesia and beyond Supervisor: Professor Kaarin J. Anstey Supervisor: Professor John Piggott Co-supervisors: Professor Linda Clare, Dr Sarang Kim and A/Professor Nicolas Co-supervisor: Dr George Kudrna and A/Prof Isabella Dobrescu Cherbuin NEIL JEYASINGAM KATE MILLEDGE Thesis: Attitudes to ageing: Factors contributing to Thesis: Study of the inter-relationships between dietary intake, optimal mental health in older persons oral health, and frailty among older Australian men Supervisor: A/Professor Kate O’Loughlin Supervisor: Dr Vasant Hirani Co-supervisor: A/Professor Lynda Matthews Co-supervisors: Professor Robert Cumming and Dr Fiona O’Leary Advisor: A/Professor Adrian Hayes CATHY MONRO XIAOGUANG JIA Thesis: The changing nature of aged care in Australia: Thesis: An agent-based model of life course: Adaptive mating A qualitative description study of the current aged care process embedded in dynamic social networks reforms and the experiences of residential aged care Supervisor: Professor Zhongwei Zhao providers, their clients and families Co-supervisor: Professor Heather Booth Supervisor: A/Professor Kate O’Loughlin Co-supervisors: A/Professor Lynette Mackenzie and Dr Sanetta Du Toit DOREEN KABUCHE Thesis: Longevity risk: Retirement income product innovation KOFI AWUVIRY NEWTON and risk management strategies Thesis: Older adults’ functional engagements, caregivers Supervisors: Professor Michael Sherris and A/Professor Jonathan Ziveyi lived experiences, and social workers role in the lives Co-supervisor: Dr Andrés Villegas of older adults in Ghana Supervisor: Professor Julie Byles SALVATORY KESSY Co-supervisors: Dr Meredith Tavener, Dr Kylie Wales and Dr Paul Kowal Thesis: Longevity risk models and actuarial applications with data analytics techniques THI MINH HANG NGUYEN Supervisor: Professor Michael Sherris Thesis: Machine learning tools for nested simulations Co-supervisors: Dr Andrés Villegas and A/Professor Jonathan Ziveyi Supervisor: A/Professor Jonathan Ziveyi Co-supervisors: Dr Andrés Villegas and Professor Michael Sherris TRANG LE Thesis: Modelling Policy toward Ageing in Emerging Economies: PHITAWAT POONPOLKUL Indonesia and beyond Thesis: Essays on demographic changes and Supervisor: Professor John Piggott macroeconomic implications Co-supervisors: Dr George Kudrna and A/Prof Loretti I. Dobrescu Supervisor: Professor Warwick McKibbin Co-supervisors: Dr Larry Liu and Professor Renee McKibbin 83
MAATHUMAI RANJAN BEFIKADU L. WUBISHET CEPAR Thesis: The impact of disability schemes on the outcomes Thesis: Health care utilisation and health economics of diabetes
of people living with a disability among Australian women ANNUAL REPORT 2019 • RESEARCH TRAINING & MENTORING Supervisors: A/Professor Bernard Wong and Dr Katja Hanewald Supervisor: Professor Julie Byles Co-supervisor: Professor Michael Sherris XIAO XU JAMES MAHMUD RICE Thesis: Variable annuity guarantee benefits - Thesis: Extensions to the Australian National Transfer Accounts An integrated study of financial and actuarial valuations Supervisor: A/Professor Jeromey Temple Supervisor: Professor Michael Sherris Co-supervisor: Professor Peter McDonald Co-supervisors: Professor Jennifer Alonso García and A/Professor Jonathan Ziveyi ABUL RIZVI Thesis: Evolution of Australian immigration policy HONOURS STUDENTS Supervisor: Professor Peter McDonald Co-supervisor: A/ Professor Jeromey Temple In 2019 the following Honours students were affiliated with CEPAR: DAVID RODGERS MICHELLE ROYTERS Thesis: Demographic change and optimal policy responses Thesis: Continuous time valuation framework of home equity Supervisor: Professor Alan Woodland release products Co-supervisor: Dr George Kudrna Supervisors: A/Professor Jonathan Ziveyi, Dr Andrés Villegas, Professor DINBERU SHEBESHI Michael Sherris and Dr Pengyu Wei Thesis: Understanding the Australian Women Hospital use LUKE ZHOU Dynamics in Later Life: The Australian Longitudinal Study Thesis: A structured investigation of retirement income products on Women’s Health Supervisors: Dr Héloïse Labit Hardy, Dr Andrés Villegas and A/Professor Supervisor: Professor Julie Byles Jonathan Ziveyi Co-supervisor: Dr Xenia Dolja-Gore YUXIN ZHOU GEORGE SMYRNIS Thesis: Financial engineering: A new longevity bond to manage Thesis: Essays on improving retirement engagement individual longevity risk Supervisor: Professor Susan Thorp Supervisors: Professor Michael Sherris, A/Professor Jonathan Ziveyi MICHELLE TEW and Dr Mengyi Xu Thesis: Advancing health economic evaluation methodologies for health policy design in vulnerable populations Supervisor: Professor Philip Clarke MICHELLE KUNDAI VHUDZIJENA Thesis: Mortality and morbidity predictive modelling with socio-economic factors Supervisors: Professor Michael Sherris and Dr Andrés Villegas Co-supervisor: A/Professor Jonathan Ziveyi CHENG WAN Thesis: The demand for bundled longevity and health insurance products in China Supervisor: Professor Hazel Bateman Co-supervisors: Dr Katja Hanewald and Professor Hanming Fang DANIEL WHEADON Thesis: Demographic change and optimal policy response Supervisor: Professor Alan Woodland Co-supervisor: Dr George Kudrna
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CEPAR RESEARCHERS ANDRÉS VILLEGAS (THIRD FROM LEFT) CEPAR BY CO-HOSTED AND CONFERENCE, (IPRA) RESEARCH ASSOCIATION INVITED PENSION INTERNATIONAL THE IN SPEAKERS PARTICIPATING THEAT OECD HEADQUARTERS IN PARIS, FRANCE
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IN 2019, CEPAR ORGANISED CEPAR
A WIDE RANGE OF EVENTS ANNUAL REPORT 2019 • INDUSTRY & GOVERNMENT LINKS DESIGNED TO PROVIDE PLATFORMS FOR DISCUSSION BETWEEN RESEARCHERS, POLICYMAKERS AND INDUSTRY PRACTITIONERS.
EVENTS WORKSHOPS ON DATA LINKAGE FOR AGEING RELATED RESEARCH In 2019, CEPAR hosted two workshops on data linkage for ageing related research, led by CEPAR Chief Investigators Warwick McKibbin, Philip Clarke and John Piggott. The first workshop was held on April 10, 2019, at ANU in Canberra, in conjunction with ANU Crawford School’s Centre for Applied Macroeconomic Analysis (CAMA) and Tax and Transfer Policy Institute (TTPI). This workshop aimed to bring together leading THE FORMER PRIME MINISTER OF NEW ZEALAND, SIR WILLIAM ENGLISH, BROUGHT AN INTERNATIONAL PERSPECTIVE TO THE scholars, policymakers and data experts to WORKSHOP ON DATA LINKAGE FOR AGEING RELATED RESEARCH. explore how routinely collected data could be used to address policy-relevant questions, as well as CEPAR Chief Investigators Warwick In recognition of the importance of this topic, particularly related to population ageing McKibbin (ANU), Philip Clarke (University of CEPAR, in collaboration with the Department of research. The workshop was held under Chatham Melbourne), and Kaarin Anstey (UNSW Sydney). Health, co-convened a second workshop on data House Rule and over 75 delegates participated in linkage on December 6, 2019. Over 40 delegates an open discussion about ways in which The former Prime Minister of New Zealand, Sir from the Department of Health participated, as Australian data could be used to enhance William English, brought an international well as representatives from the Australian Australian policy-related ageing research. perspective by presenting the New Zealand Institute of Health and Welfare (AIHW) and the experience. Speakers comprised academics and public NHMRC. The workshop provided an opportunity to servants who are involved with data linkage or Following the workshop, Warwick McKibbin and highlight examples of recent data linkage work public policy, including David Gruen, then workshop co-chair Robert Breunig, Director of undertaken by CEPAR and to discuss future Department of the Prime Minister and Cabinet TTPI, published an opinion piece in the Australian research possibilities and links. (now Australian Bureau of Statistics (ABS); David Financial Review explaining how greater use of Speakers comprised CEPAR Chief Investigator Kalisch (ABS); Tony Blakely and Ximena Camacho, administrative data could ‘dramatically and Philip Clarke and CEPAR researchers Josh Knight, (both University of Melbourne); Fiona Stanley, rapidly deepen our understanding of issues and of An Duy Tran (both University of Melbourne), Kim (University of Western Australia); Sally Pearson, what and how policies are working’. Kiely (UNSW Sydney), as well as academics Ximena (UNSW Sydney); Robert Breunig, (ANU); Anne Kelso, Camacho, Nicholas Biddle, and Tony Blakely (all (National Health and Medical Research Council); University of Melbourne). INDUSTRY & GOVERNMENT LINKS
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CEPAR POLICY DIALOGUE ON HOUSING AND AGEING Economics, UK, discussed international 27 TH COLLOQUIUM ON PENSIONS On November 18, CEPAR and Chief Investigator developments and explored ideas for reform AND RETIREMENT RESEARCH ANNUAL REPORT 2019 • INDUSTRY & GOVERNMENT LINKS Warwick McKibbin’s Centre for Applied coming out of Europe. They were joined on stage The Colloquium, convened by CI Hazel Bateman Macroeconomic Analysis (CAMA) in the ANU by commentators Brenton Philp from the and co-hosted by CEPAR and the School of Risk Crawford School of Public Policy co-hosted the Department of Social Services, and Luke Maguire and Actuarial Studies in the UNSW Business Housing and Ageing Policy Dialogue. More than from NSW Treasury. School, is a unique annual event, bringing 100 leading Australian and international experts together academics and government and industry CEPAR Advisory Board Chair Marc de Cure led a including policymakers, researchers and representatives to discuss the latest research on session focused on housing transitions in light of commentators participated in the Dialogue to pensions, superannuation and retirement. population ageing and its challenges, featuring consider current and future challenges for this presentations by Curtin University’s Professor In 2019, the Colloquium took place on 2-3 important policy area. The Dialogue was timed to Rachel Ong ViforJ and CEPAR Chief Investigators December at UNSW Sydney with over 120 coincide with the release of CEPAR’s latest Peter McDonald and Marian Baird. Zac Hatzantonis participants and included a range of research brief – Housing in an ageing Australia: from PwC provided additional perspectives. presentations about new developments in Nest and nest egg? (See page 118.) pensions and retirement. The Dialogue concluded with a panel session The Dialogue began with presentations by CEPAR focused on issues and responses for policy Especially topical was a Panel focused on the Director John Piggott and CEPAR research brief development and implementation, chaired by Government’s Retirement Income Review. The lead author Rafal Chomik, covering salient CEPAR Chief Investigator Warwick McKibbin. The Panel was chaired by CEPAR Advisory Board Chair features of the current Australian housing market panel comprised CEPAR Associate Investigator Marc de Cure, and Review Commissioner Deborah with an ageing demographic. The presentations Professor Julie Byles, who is based at the Ralston joined as one of the panellists, along with were followed by comments from University of University of Newcastle, CEPAR Chief Investigator Geoff Lloyd, CEO at MLC Wealth; Robbie Campo, Sydney Professor Judith Yates and Dr John Simon Michael Sherris, and CEPAR Advisory Board Group Executive Brand, Advocacy, Marketing and from the Reserve Bank of Australia. member and COTA Australia CEO Ian Yates. Product at Cbus Super Fund; and CEPAR Advisory Professor Hans Fehr, CEPAR Associate Board member and COTA Australia CEO Ian Yates.
Investigator and Professor of Economics at the Plenary sessions featured talks by CEPAR University of Wuerzburg, Germany, and Christine Associate Investigators Ermanno Pitacco Whitehead, Professor at the London School of (University of Trieste, Italy) on ‘Health-linked Life Annuities: Combining Protection and Retirement Income’; Erik Hernæs (Frisch Centre of Economic Research, Norway) on ‘Program Substitution – Old Age Pension or Disability Benefit’; and Susan Thorp (The University of Sydney) on ‘Defaults, Disclosures, Advice and Calculators: One size does not fit all’. Twelve additional CEPAR personnel presented their research findings on retirement systems, incomes and products; investments; health and aged care; as well as behaviour and engagement.
JOHN SIMON (RBA), JOHN PIGGOTT (CEPAR), RAFAL CHOMIK (CEPAR) AND JUDITH YATES (UNIVERSITY OF SYDNEY) PARTICIPATING IN AN AUDIENCE Q&A AT THE POLICY DIALOGUE 87 CEPAR ANNUAL REPORT 2019 • INDUSTRY & GOVERNMENT LINKS
DEBORAH RALSTON (MONASH UNIVERSITY), GEOFF LLOYD (MLC WEALTH), ROBBIE CAMPO (CBUS SUPER FUND) AND IAN YATES AM CEPAR RESEARCHERS SHARON PARKER AND DANIELA ANDREI (COTA) PARTICIPATING IN A PANEL AT THE COLLOQUIUM, CHAIRED BY CEPAR ADVISORY BOARD CHAIR MARC DE CURE PRESENTED AT THE MATURE WORKERS IN ORGANISATIONS STAKEHOLDER WORKSHOP AT CURTIN UNIVERSITY IN APRIL 2019
CAMA-CEPAR-TREASURY WORKSHOP CBE (University of Oxford), Jong-Wha Lee (Korea challenges associated with an increasingly Over 90 delegates participated in the CAMA– University, CAMA and CEPAR), Anna Shabunina mature workforce. Delegates were also CEPAR–Treasury Workshop convened by Chief (International Monetary Fund), Wing Thye Woo introduced to opportunities for future Investigator Warwick McKibbin at ANU in Canberra (University of California, Davis) and Australian- collaborations, including tailored policy reviews, on 26 and 27 August. The theme was Global based researchers Ligang Song (ANU) and Bruce data collection, analysis, feedback, and Implications of Population Ageing. Bradbury (UNSW Sydney). intervention support. Presenters comprised CEPAR Chief Investigators MATURE WORKERS IN ORGANISATIONS Mature workers’ use of technology, creativity, Peter McDonald, Warwick McKibbin and John STAKEHOLDER WORKSHOPS work design, and age diversity were some of Piggott, as well as CEPAR Senior Research Fellows Two events in April and July 2019 brought the topics discussed, both in relation to the George Kudrna and Rafal Chomik and Research together representatives from industry, challenges currently faced by organisations Fellow Larry Liu. They presented CEPAR research not-for-profits and government organisations as well as the positives that workforce on demographics; ageing and technology; to introduce CEPAR’s research focused on diversity can bring. economic wealth and international equity; ageing Organisations and the Mature Workforce. At the Sydney event in July 2019, the researchers and social protection; and macroeconomic At separate events in Sydney and Perth, Chief were also able to share some preliminary results effects from demographic trends. Investigators Sharon Parker and Marian Baird as from their national benchmark survey on mature The workshop also featured presentations by well as CEPAR researchers Daniela Andrei (Curtin aged workers. The final report and research international experts Kent Smetters (Wharton University) and Andreea Constantin (University of results were released in December 2019. [See School, University of Pennsylvania), Sarah Harper Sydney) presented practical insights into the page 120.] INDUSTRY & GOVERNMENT LINKS
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CEPAR RETIREMENT INCOMES ROUNDTABLE In 2019, CEPAR hosted the second of its ANNUAL REPORT 2019 • INDUSTRY & GOVERNMENT LINKS roundtables - moderated by CEPAR Advisory Board Chair Marc de Cure - on 29 April. The theme was retirement incomes and featured presentations from Chief Investigators Alan Woodland, Hazel Bateman and Michael Sherris and Senior Research Fellows George Kudrna and Rafal Chomik. Representatives from Treasury, Reserve Bank of Australia, COTA, NSW Treasury, Willis Towers Watson, MLC Wealth, Department of Social Services, PM&C and PwC participated in a discussion designed to identify issues of particular concern to government and industry, knowledge gaps and possible future research directions. LONGEVITY RISK WORKSHOP The Longevity Risk Workshop was convened by CEPAR Chief Investigator Michael Sherris on 27 November and was held in conjunction with the JOHN PIGGOTT DELIVERING A KEYNOTE ADDRESS AT THE INTERNATIONAL ORGANISATION OF PENSION SUPERVISORS CONFERENCE 27th Colloquium on Pensions and Retirement IN NEW DELHI, INDIA, IN MARCH 2019 Research at UNSW Sydney. She also delivered the keynote address to the The workshop covered the latest developments in INFLUENCING POLICY AND PRACTICE International Labour Organisation’s Conference longevity risk for early career researchers and In addition to participating in CEPAR outreach celebrating the 100th Anniversary of Maternity practitioners. International visitor Runhuan Feng, events, CEPAR personnel contributed to the Protection, where she discussed the Associate Professor of Mathematics and Director development of government policy and business transformative effects of parental leave in of Actuarial Science at the University of Illinois at and community practice in a number of ways Australia and South east Asia; and discussed Urbana-Champaign, USA, delivered a talk on in 2019. strategies for increasing female labour force ‘Fundamentals of the variable annuity market, participation at the Malaysia-Australia Gender product designs and latest technical Highlights included presentations by CI Kaarin Policy Dialogue in Kuala Lumpur. developments’. The workshop also featured Anstey to the World Health Organisation Meeting CI Hazel Bateman participated in a forum presentations by CEPAR Chief Investigator Michael on the Burden of Dementia on assessing conducted by the International Centre for Pension Sherris, CEPAR Associate Investigators Ermanno dementia risk factors and to the United States Management - a global, research-based network Pitacco (University of Trieste, Italy), Andrés Transport Research Bureau Workshop on of pension organisations that stimulates Villegas and Jonathan Ziveyi (both UNSW Sydney). evidence for interventions as well as policy leading-edge thinking and practice about pension They covered frailty models and mortality variation within Australia. She was also invited to design and management - and was a keynote heterogeneity, data analytics techniques applied join the Advisory Board for ‘Stay Sharp’, the speaker at the Defined Contribution Institutional to mortality, continuous time mortality models American Association of Retired Persons (AARP) Investor Association Forum in New York. designed for practical application, developments Brain Health Platform, and the National Steering Committee for the Australian Dementia Network. in variable annuities and computational CI Michael Keane met with representatives of the techniques, as well as hedging longevity risk with CI Marian Baird presented on work life concerns Commonwealth Treasury providing expert advice value-based longevity indices. for mature workers to a number of groups on improving their life cycle models used to including Sydney Trains, Carers NSW and CEDA. evaluate tax/transfer policy. 89
Senior Research Fellow George Kudrna provided CEPAR valuable advice to the Australian Treasury (Macroeconomic Group) both as a member of the ANNUAL REPORT 2019 • INDUSTRY & GOVERNMENT LINKS steering committee overseeing the development of their OLG model and as a technical advisor on the modelling. Research Fellow Craig Sinclair and A/Professor Jeromey Temple were invited to provide evidence to the Royal Commission on Quality and Safety in Aged Care: Temple on the aged care workforce; and Sinclair on the role of advance care planning and supported decision making. In addition, the Royal Commission released a background paper on Advance Care Planning in Australia, which cites research evidence by Sinclair. Sinclair was also invited to join the National Institute of Dementia Research (NNIDR) Consumer Involvement Program Reference Group. Kaarin Anstey, John Piggott, Craig Sinclair and Bei CEPAR RESEARCHERS KAARIN ANSTEY, JOHN PIGGOTT, CRAIG SINCLAIR AND BEI LU HOSTED A MALAYSIAN ACADEMIC AND GOVERNMENT DELEGATION Lu presented CEPAR work to a Malaysian academic and government delegation who were CI Peter McDonald presented to the workers at the GHD Global Diversity & Inclusion visiting Australia to understand more about Commonwealth Treasury on fertility trends, Council Meeting. Australian models of long-term care. the Department of Social Services on Australian CI John Piggott co-chaired the T20 Aging Complete details of contributions in 2019 are tax policy and the Urban Task Force on Australian Population and its Economic Impact + Immigration listed on pages 128 to 131. population policy. Internationally he met with the Taskforce which included participating in its Special Advisor to the Japanese Prime Minister Global Solutions Summit in Berlin. He was also and delivered a keynote presentation to the appointed a member of the US National Academy Indonesian Ministry of Finance on Demography of Medicine’s International Commission on and Economic Development in Indonesia. Creating a Global Roadmap for Healthy Longevity, CI Warwick McKibbin met with the Treasurer along with CEPAR’s John Beard and fifteen other Josh Frydenberg to discuss policy related to thought leaders, from both the public and private macroeconomics, demographics and climate sectors. In New Delhi, he delivered the keynote change. In addition, he met with several members address to the International Organisation of of the US Federal Board of Governors to discuss Pension Supervisors Conference on ‘Options for CEPAR’s demographic modelling. Creating Sustainable Pension Systems’ in Emerging Markets in March, and later in the year CI Sharon Parker presented to a number of groups in Washington he presented on social protection on the future of work including the Petroleum and pension policies to the US National Academy Women’s Network; the Justice and Community of Medicine. Safety Directorate; and Transport Canberra and City Services (TCCS) in Canberra. Additionally, she presented on generational diversity and mature NATIONAL & INTERNATIONAL LINKS
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CEPAR CEPAR’S CONNECTIONS WITH SPECIALIST GROUPS AND NETWORKS,
ANNUAL REPORT 2019 • NATIONAL & INTERNATIONAL LINKS BOTH NATIONALLY AND INTERNATIONALLY, ARE EXTENSIVE.
NORWAY UK NETHERLANDS BELGIUM GERMANY SWITZERLAND FRANCE SOUTH USA ITALY KOREA NORTH AMERICA CHINA • East-West Centre JAPAN • Department of Economics, INDIA The University of Pennsylvania THAILAND • The Wharton School, PHILIPPINES The University of Pennsylvania SINGAPORE • School of Business, College of William and Mary • Department of Psychology, Northern Illinois University INDONESIA • Department of Psychology, Portland State University AUSTRALIA • Faculty of Industrial and Organisational Psychology, Saint Louis University • School of Aging Studies, University of South Florida • The World Bank EUROPE • School of Social Sciences, University of Manchester • CESifo ASIA • CPB Netherlands Bureau for Economic Policy Analysis • Asian Development Bank • School of Business, Durham University • Asia-Pacific Economic Cooperation • Dutch Central Bank • Brookings-Tsinghua Centre for Public Policy • Netspar • Chinese Academy of Social Sciences • Institute for Ageing, Newcastle University • Centre for Employment and Social Security, • Organisation for Economic Co-operation and Development Fudan University • Ragnar Frisch Centre for Economic Research • Indonesian National Population and • Department of Mathematics, Université Libre de Bruxelles Family Planning Board • Institute of Psychology, University of Bern • Keio University AUSTRALIA • Institute of Psychology, University of Duisburg-Essen • Korea Development Institute • The University of New South Wales • School of Mathematics, Statistics and Actuarial Sciences, • Asiatic Research Institute, Korea University • Australian National University University of Kent • National Institute of Public Finance and Policy, New Delhi • Curtin University • Department of Psychology, University of Leipzig • Institute of Population and Research and Centre for • The University of Melbourne • Health Economics Research Centre, University of Oxford Ageing and Health Services, Peking University • The University of Sydney • Department of Economics, University of Parma • School of Entrepreneurship and Management, • Department of Psychology, Macquarie University • Department of Economics, University of St. Gallen ShanghaiTech University • National Seniors Australia • Department of Human Resources Studies, • Department of Labor and Social Security, • Emerging Researchers in Ageing Initiative, Tilburg University South China Agriculture University Monash University • Faculty of Economics, University of Trieste • Statistics Indonesia • Research Centre for Generational Health and Ageing, • Management Group, WHU - Otto Beisheim School • United Nations Economic and Social Commission for Asia The University of Newcastle, Australia of Management and the Pacific (UNESCAP) • Economics Discipline Group, • Department of Economics, Wuerzburg University • College of Public Administration, Zhejiang University The University of Technology Sydney 91 CEPAR THROUGHOUT 2019, CEPAR EMPLOYED Demonstrating the importance of this topic to our NATIONAL LINKAGES stakeholders, the workshop also included
A NUMBER OF STRATEGIES TO FORGE ANNUAL REPORT 2019 • NATIONAL & INTERNATIONAL LINKS AND STRENGTHEN BOTH NATIONAL Our Chief Investigators and Australian-based representatives from Super Consumers Australia, Associate Investigators (AIs) connect us with Colonial First State, ASIC and Capacity Australia. AND INTERNATIONAL LINKS. THESE premier research groups around the country The workshop featured 10 presentations INCLUDED JOINT PROJECTS AND and our national outreach and engagement organised under five research themes: the INITIATIVES AS WELL AS INTERNATIONAL programs are designed to provide opportunities underpinnings of learning and confusion; market VISITS. THE ESTABLISHMENT OF THE for all researchers focused on the issue of and consumer factors that contribute to INTERNATIONAL PENSION RESEARCH population ageing to come together to share confusion in financial decision making; models to research findings. measure confusion and its impact on consumer ASSOCIATION WITH CEPAR CI HAZEL decision making; evidence-based ways to BATEMAN AS INAUGURAL PRESIDENT Our CEPAR Affiliates Scheme aims to widen CEPAR’s overcome confusion and its effects on financial AND CEPAR INVOLVEMENT IN THE reach by providing a mechanism for researchers decision making; and facilitating decision making not eligible to become AIs to engage with CEPAR. in the fintech era. ORGANISATION OF A NUMBER OF In particular, it provides a way for researchers SPECIALISED CONFERENCES based in industry and government to connect The Pension and Superannuation Seminar Series, ATTRACTING INTERNATIONAL with the Centre. jointly hosted by CEPAR and the School of Risk and Actuarial Studies at UNSW Sydney, attracted LEADERS IN THE FIELD A number of initiatives and events in 2019 DEMONSTRATES THE CENTRE’S participants from a variety of national and served to strengthen our links with key international universities in 2019, including the GROWING INTERNATIONAL PROFILE. researchers and research groups nationally CEPAR nodes as well as Macquarie University, the as well as provide opportunities for emerging University of Technology Sydney, Philipps researchers to come together. The Annual University of Marburg, SGH Warsaw School of Colloquium on Pensions and Retirement Economics, the University of Le Mans and Peking Research, the Workshop on Data Linkage for University. Industry representatives also Ageing Research, the Policy Dialogue on Housing participated in the fortnightly seminars. and Ageing and the Workshop on the Global Economic Implications of Population Ageing attracted participants from a range of Australian INTERNATIONAL LINKAGES and international universities as well as Our Partner and Associate Investigators provide government, industry and the wider community exceptional opportunities for CEPAR to engage (see pages 85 to 87 for further details). with leading international groups. Our strong links with specialist groups working on a range of CEPAR’s Workshop on Understanding and issues pertinent to the challenges of population Overcoming Confusion in Consumer Financial ageing provide the foundation for joint workshops, Decision Making served to bring researchers from grant applications to fund collaborative research around the nation together to share research on programs, and other initiatives. this important topic. The workshop, held in Sydney on 5-6 September, attracted delegates from In 2019 our expertise in long-term care was UNSW, the University of Sydney, the University of sought by the Malaysian Government, which sent Technology Sydney, Western Sydney University, a delegation from multiple government Queensland University of Technology, the departments to meet with CEPAR researchers Australian National University, La Trobe University working in the field. Their aim was to build a and the University of Western Australia as well as knowledge base for the development of long- the College of William and Mary in the US. term care policy in Malaysia. During their NATIONAL & INTERNATIONAL LINKS
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CEPAR fact-finding mission, they heard from CEPAR In addition, our membership of the Steering Group specialists John Piggott, Kaarin Anstey, Craig of the Association of Pacific Rim Universities ANNUAL REPORT 2019 • NATIONAL & INTERNATIONAL LINKS Sinclair and Bei Lu who presented findings from (APRU) Population Ageing Research Hub strongly their latest research. Conversation was animated positions us to lead regional collaborative with both sides seeing value in future research initiatives in ageing research. collaboration. Regionally, we remain strongly committed LEADERSHIP OF INTERNATIONAL to expanding our linkages. In 2019 CEPAR ASSOCIATIONS AND HUBS established the Ageing Asia Research Hub to THE INTERNATIONAL PENSION expand the work previously undertaken by the RESEARCH ASSOCIATION (IPRA) Australia-China Population Ageing Research In July, the OECD formally announced the Hub and to build connection between the UNSW establishment of the International Pension Sydney node of CEPAR and leading research Research Association (IPRA) with CEPAR institutions in Asia. The Hub’s research and Chief Investigator Hazel Bateman as its linkage programs are partially supported by a inaugural President. large grant from the UNSW Business School. The association has as its mission the promotion To support the expanding research program, and advancement of high-quality social science John Beard, the former director of the World research on pensions, ageing, and retirement. Health Organization’s Department of Ageing With the OECD serving as the Secretariat, IPRA and Life Course, has been appointed to a aims to organise a global annual research fractional professorial fellowship within the Hub meeting; disseminate research through working and we have also been successful in securing papers, journals, and other media; elect IPRA four new Scientia PhD scholars. Two of these Fellows in recognition of their contributions to commenced in 2019 on projects focused on the field; support and facilitate the development OVER 160 PARTICIPANTS FROM ACROSS THE GLOBE Indonesia; the other two will commence in of junior researchers; develop a website PARTICIPATED IN THE IPRA CONFERENCE, INCLUDING THE 2020 and focus on population ageing in China. highlighting resources in the area as well as AUSTRALIAN AMBASSADOR TO THE OECD, DR ALEXANDER In addition, a potential collaboration with the social networks; and seek to develop affiliations ROBSON WHO TWEETED THIS IMAGE World Bank and the Indonesian Ministry of with organisations, including policy groups, Development Planning, Bappenas, focused interested in pension research. The Association takes over the annual global meeting previously organised by the International on policy modelling for ageing in emerging The inaugural Executive Board includes Network for Pensions, Aging and Retirement economies, formed the basis for an ARC Linkage founding members and leading economists, Research (INPARR) which was spearheaded by Grant application in 2019. CEPAR Associate Investigator Professor Monika the four founding members of IPRA. In 2019 Bütler of the University of St. Gallen and the Several CEPAR researchers were involved in the the event took place on June 5 at the OECD Network for Studies on Pensions, Aging, and organisation of the first Mt Hood Challenge Headquarters in Paris, with over 160 participants Retirement (Netspar); CEPAR Partner Investigator Conference held in Asia which served to promote from across the globe coming together to hear Professor Olivia S. Mitchell, Director of the Pension the use of health economics and diabetes from pension experts and explore the theme of Research Council at the Wharton School of the simulation models across the Asian region as well ‘Developments in Pensions’. as highlight CEPAR’s expertise in this field. University of Pennsylvania; Scientia Professor John Piggott, Director of CEPAR; and Dr Michael 2019 speakers included: Steven Haberman (Cass Orszag, Head of Research at Willis Towers Business School, City, University of London), Watson, a CEPAR Partner Organisation. Michel Vellekoop (University of Amsterdam) and Andrés Villegas (CEPAR), on the Implications of 93
Morbidity and Mortality Forecasts for Pension AGEING ASIA RESEARCH HUB CEPAR Programs; Sita Slavov (George Mason University, Driving our engagement with Asia is CEPAR’s THOUGHT LEADERSHIP National Bureau of Economic Research), Jeremias Ageing Asia Research Hub which builds on the CEPAR had a major involvement in the ANNUAL REPORT 2019 • NATIONAL & INTERNATIONAL LINKS Prassl (Institute of European and Comparative research program and connections established organisation of three international events in 2019. Law, Oxford) and Albert Park (Institute for by CEPAR’s former Australia-China Population ECONOMICS OF AGEING WORKSHOP Emerging Market Studies, Hong Kong University Ageing Research Hub. In 2018 CEPAR was approached by the Next World of Science and Technology) on Non-standard The Hub pursues a multidisciplinary research Program to co-host the 2019 Economics of Ageing Work Arrangements and Retirement Income; program in three key areas which will deliver new Workshop and provide guest editors for a special and Sarah Brooks (Ohio State University), Marc de insights into priority reform areas, and the policy issue of the Journal of the Economics of Ageing. Cure (CEPAR and UNSW Business School) and strategies to best suit the changing economic Aleksandar Andonov (University of Amsterdam) and demographic structure. The research topics on Clean Pensions: Factors Impeding Effective addressed by the Hub include: healthy ageing, Delivery of Retirement Income. resources in retirement, and long-term care The keynote address, ‘Global Opportunities for needs and services. Retirement Plan Innovation’, was delivered by Led by John Piggott as the Hub’s Director and Drs Robert C. Pozen from the MIT Sloan School of Katja Hanewald and Bei Lu as Directors of Management and the Brookings Institution. Research and Outreach respectively, the Hub also THE APRU POPULATION AGEING RESEARCH HUB comprises six research fellows/senior research Launched in 2015 at UNSW Sydney, The associates and four PhD students. Two Association of Pacific Rim Universities’ (APRU) professorial fellows, John Beard and Hanming Population Ageing Research Hub brings together Fang, shape the development and growth of the world-class researchers from different Hub’s research program and facilitate linkages disciplines and provides opportunities for with high quality organisations in the region. increased research collaboration on the topic 5th Annual Workshop on Population Ageing of population ageing in the region. and the Chinese Economy Hosted by CEPAR/UNSW Sydney for the period The Australia-China Population Ageing Research 2015 -2017, with John Piggott acting as Chair and Hub at CEPAR hosted its 5th Annual Workshop on CIs McDonald and Cumming serving as two of ten Population Ageing and the Chinese Economy at members on the Steering Group, the Hub has been UNSW in July. a key component of CEPAR’s international The workshop focused on the economic health linkages strategy. implications of population ageing in China. From 2018 the Hub has been hosted by Keio Hanming Fang delivered the keynote address University in Japan with Professor Atsushi Seike on ‘Property Rights and the Housing Market’ YALE PROFESSOR XI CHEN WAS ONE OF THE PARTICIPANTS TO taking over the duties of Steering Group Chair. and a range of papers prepared by Australian and PRESENT AT THE CEPAR HOSTED WORKSHOP ON ECONOMICS CEPAR remains actively involved in the Hub with Chinese researchers were delivered under the OF AGEING AND PUBLISHED THIS TWEET CIs Piggott, Cumming and McDonald all remaining key themes of Wellbeing; Policies and Inequality; on the Steering Group. APRU remains an important and Long-term Care. The Next World Program is a joint initiative of conduit to connection in the region with John Harvard University’s Program on the Global The annual workshop plays an important role Piggott representing CEPAR at the 2019 annual Demography of Aging, the WDA Forum, Stanford in bringing together Australian and Chinese conference held in Tokyo. University’s Asia Health Policy Program and Fudan academics to share research findings, identify University’s Comparative Aging Societies. These future research directions, and contribute to institutions organise an annual workshop and a the policy debate in China. special issue in the Journal of the Economics of NATIONAL & INTERNATIONAL LINKS
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CEPAR Ageing on an important economic theme related published in 2020. Speakers at the conference, The Mount Hood Challenge conference is a to ageing societies. held on 14 -15 November in Hawaii, included meeting of diabetes modelling groups who aim ANNUAL REPORT 2019 • NATIONAL & INTERNATIONAL LINKS CEPAR’s Rafal Chomik, Hanming Fang, Michael to present recent studies on economic aspects Focused on the theme of ‘Resources in Keane, Peter McDonald and John Piggott as well of diabetes and its complications, discuss Retirement’, the workshop, held at UNSW on as UCLA’s Kathleen McGarry among others. simulation techniques and compare the results. 24-25 June, featured keynote presentations Conventionally, the challenges are developed from CEPAR’s Michael Keane and UCLA’s Kathleen The conference also included a public seminar collectively by an international group of McGarry; and a special lecture by CEPAR’s Peter focused on a chapter of the Asian Development researchers engaged in the development of McDonald. The workshop covered a wide range of Bank’s Asian Economic Integration Report, diabetes simulation models for health economic topics and included presentations on retirement 2019/2020: Demographic change, productivity evaluation. In 2019, the challenge was developed savings and real estate purchases, long-term and the role of technology. The chapter was to promote the use of health economics and care, the influence of retirement on health, and heavily based on a report submitted to the ADB diabetes simulation models across the Asian the role of childhood circumstances on health last year by CEPAR’s Rafal Chomik and John region. The conference attracted participation of inequalities in later life, among others. Work Piggott. John Piggott was one of four panel diabetes modelling groups from Hong Kong, presented featured findings from research using members participating in the seminar. Taiwan, China, UK, USA, Netherlands, Belgium and data from Australia, China, Finland, Germany, The conference was a great success and is Australia, and academics as well as researchers Korea, Singapore, Switzerland and Thailand. expected to form the basis for ongoing based in industry from other countries such as The special issue of the Journal of the Economics collaboration between CEPAR, the East-West Japan, Korea and Vietnam. of Ageing, to be published in 2020, will be edited Centre and the Korea Development Institute. In this inaugural Mount Hood Challenge Asia, by CEPAR CIs Keane, Piggott and Woodland and ECONOMICS, SIMULATION MODELLING AND DIABETES: Dr An Duy Tran, a CEPAR Senior Research Fellow, Associate Investigator Dobrescu and feature MOUNT HOOD ASIA CHALLENGE delivered a talk about a comprehensive outcomes papers presented at the workshop. CEPAR Chief Investigator Philip Clarke, Associate simulation model for type 1 diabetes (COSMO-T1D) EAST-WEST CENTRE/KOREA DEVELOPMENT Investigator Andrew Palmer and PhD student that he has developed together with other CEPAR INSTITUTE CONFERENCE ON POPULATION AGING Michelle Tew were key members of the organising members including Dr Josh Knight, Professor AND SUSTAINABLE GROWTH committee charged with delivering the first Mount Andrew Palmer and Professor Philip Clarke. Using CEPAR’s John Piggott was invited to identify high Hood Challenge conference held in Asia, hosted the COSMO-T1D, Tran demonstrated how life profile speakers for this 2019 event and co-edit a by Chung-Ang University in Korea on 30 November expectancy and quality-adjusted life expectancy special volume, based on the conference, to be – 1 December. in male and female patients at different
PROFESSOR Andrew Palmer heads the Menzies Institute for (CORE), in Basel, Switzerland and was Medical ANDREW PALMER Medical Research Health Economics Research Group Director and CEO until 2005. He was responsible for BMedSci, MBBS UTas. and is Professor of Health Economics at Melbourne several major research projects at CORE, including ASSOCIATE INVESTIGATOR School of Population and Global Health. As a CEPAR the development of the CORE Diabetes Model, a Associate Investigator he collaborates with Philip computer simulation model of the onset and Clarke on Project 4.2 research and played a key role in progression of complications of types 1 and 2 the organisation of the Mount Hood Asia Challenge. diabetes mellitus, which has become the world’s He has extensive experience in health economics most widely published diabetes health economics and outcomes research, and is a widely published model. He has developed user-friendly interfaces to and internationally respected health economist. make models accessible to other users with a broad Following a career as a general practitioner, he range of perspectives. He was the Chairman of the moved to Switzerland in 1994, where he was International Diabetes Federation Taskforce on researcher and Medical Director of the Institute for Health Economics, and a member of the National Medical Informatics and Biostatistics. In 2000 he Diabetes Strategy Advisory Group. co-founded the Center for Outcomes Research 95 CEPAR ages and with a wide range of risk factors PROFESSOR CAROL BRAYNE DR CAROL JAGGER could be estimated, and how the impact of University of Cambridge, United Kingdom Newcastle University, United Kingdom 11 June 4 March – 21 March diabetes interventions on life expectancy ANNUAL REPORT 2019 • NATIONAL & INTERNATIONAL LINKS DR WAI CHONG NG SARAH KAAKAI could be captured. International Longevity Centre (ILC) Singapore University of Le Mans, France 2 November – 7 November 1 April – 17 April A major focal point of the conference was a comparison of health economic diabetes models LIA DAICHMAN SEBASTIAN KALULA International Longevity Centre (ILC) Argentina International Longevity Centre (ILC), South Africa in terms of both their structure and performance. 1 November – 10 November 1 November – 10 November The 2019 conference built on nine previous PROFESSOR GUDIO ERREYGERS DR ANDREW KINGSTON diabetes simulation modelling conferences University of Antwerp, Belgium Newcastle University, United Kingdom that have been held since 2000. September – October 7 December – 12 December A modelling workshop held on day two and PROFESSOR HANS FEHR PROFESSOR JONG-WHA LEE University of Wuerzberg, Germany Korea University, South Korea led by Palmer and Clarke, highlighted helpful 21 June – 27 June 21 August – 30 August and practical approaches to all aspects of A/PROFESSOR RUNHUAN FENG ASSOCIATE PROFESSOR JUHUA LUO diabetes simulation modelling, with a specific University of Illinois at Urbana-Champaign, United States Indiana University, United States focus on Asia. 27 November – 19 December 29 March – 4 July PROFESSOR GWENITH FISHER PROFESSOR FIONA MATTHEWS Colorado State University, United States Newcastle University, United Kingdom INTERNATIONAL VISITORS 22 July – 2 August 4 January – 8 February The Centre hosted 43 international visitors in PAUL GERRANS MOSHE MILEVSKY 2019. These visitors ranged from experts with University of Western Australia, Australia York University, Canada distinguished reputations in their fields to early 13 May – 15 May 14 May career researchers interested in developing MARGARET GILLIS TAEKO NAKASHIMA research programs in the area of population International Longevity Centre (ILC) Canada International Longevity Centre (ILC) Japan 1 November -10 November 2 November – 9 November ageing. They participated in a range of CEPAR KARLA GIOCOMIN SHINICHI OGAMI events and activities, contributed to the International Longevity Centre (ILC) Brazil International Longevity Centre (ILC) Japan development and execution of research projects, 31 October – 9 November 2 November – 9 November and brought an international perspective to bear BARONESS SALLY GREENGROSS PROFESSOR LEOKADIA OREZIAK on the research program. International Longevity Centre (ILC) United Kingdom Warsaw School of Economics, Poland 2 November – 10 November 30 March – 7 April CEPAR hosted visits from the following SUSAN HARDING DR MIKE ORSZAG researchers in 2019: International Longevity Centre (ILC) Singapore Willis Towers Watson, United Kingdom 2 November – 7 November 25 March – 2 April and 2 November – 6 November DR JULIE AGNEW College of William & Mary, United States DR MICHAEL HENDRYX DR ROSY PEREYRA 5 September – 6 September Indiana University, United States International Longevity Centre (ILC) Dominican Republic 1 February – 30 July 2 November – 8 November PROFESSOR SEVERINE ARNOLD University of Lausanne, Switzerland ERIK HERNÆS PROFESSOR ERMANNO PITACCO 14 July – 19 July Ragnar Frisch Centre for Economic Research, Norway University of Trieste, Italy 18 January – 10 April and 15 November – 17 December 27 November – 4 December DR BRIAN BEACH International Longevity Centre (ILC), United Kingdom ARUN HIMAWAN DR RAFAEL RODRIGUEZ 2 November – 10 November International Longevity Centre (ILC), UK International Longevity Centre (ILC) Domincan Republic, 2 November – 10 November Domincan Republic PROFESSOR PETER BERG 2 November – 8 November Michigan State University, United States DR CHECK HOOI WONG 17 February – 24 February International Longevity Centre (ILC) Singapore DAVID SINCLAIR 2 November – 7 November International Longevity Centre (ILC) United Kingdom 2 November – 10 November NATIONAL & INTERNATIONAL LINKS
96 CEPAR PROFESSOR TOMAS SOBOTKA IAGG-EU Congress, Gothenburg, Sweden BEI LU Vienna Institute Demography, Austria 23 May – 25 May Lvkang Medical HR, Hangzhou, China 1 February – 15 February 2 June – 6 June ANNUAL REPORT 2019 • NATIONAL & INTERNATIONAL LINKS Kaoshiung Medical University, Kaoshiung, Taiwan RAYNE STOEBEL 21 October SHARON PARKER International Longevity Centre (ILC) South Africa YUANYUAN DENG University of Singapore, Singapore, Malaysia 1 November – 10 November Stony Brook University, Stony Brook, United States 12 March – 13 March YASUYUKI TAKAI 13 May – 24 May Curtin University, Singapore, Malaysia International Longevity Centre (ILC) Japan University of Pennsylvania, Philadelphia, United States 14 March 2 November – 9 November 27 May – 7 June GIGI PETERY JAYANT UMRANIKAR DANIEL DINALE Zhejiang Lvkang Group International Longevity Centre (ILC) India University of Copenhagen, Copenhagen, Denmark 2 June – 6 June 1 November – 9 November 27 August – 4 September JOHN PIGGOTT TROND VIGTEL ALIZA HUNT National Academy of Medicine (NAM), Washington D.C., Ragnar Frisch Centre for Economic Research, Norway Universitas Gadjah Mada, Yogyakarta, Indonesia United States 22 February – 22 March 1 July – 27 July 6-8 December PROFESSOR MO WANG DOREEN KABUCHE ERMANNO PITACCO University of Florida, United States University of Parma, Parma, Italy University of Ljubljana, Ljubljana, Slovenia 9 September – 11 September 17 September – 20 November April A/PROFESSOR CHIA-HUEI WU JOSH KNIGHT AN DUY TRAN Durham University, United Kingdom University of Oxford, Oxford, United Kingdom University of Oxford, Oxford, United Kingdom July and 21 October – 25 October 2 March – 30 March 2 March – 18 March HÉLOÏSE LABIT-HARDY CHENG WAN INTERNATIONAL VISITS University Le Mans, Le Mans, France Renmin University China and Peking University, China 22 April – 3 May CEPAR investigators, fellows and students were invited to 29 June – 8 July visit a number of leading research institutions in 2019: University of Lausanne, Lausanne, Switzerland JONATHAN ZIVEYI 14 July – 19 July University of Parma, Parma, Italy KAARIN ANSTEY 30 June – 7 July Transportation Research Board, Washington D.C., HAN LI United States University of Lausanne, Lausanne, Switzerland January 1 July – 5 July Global Council on Brain Health, Washington D.C., University of Hawaii, Honolulu, Hawaii United States 16 September – 20 September March American Association of Retired Persons and World Dementia Council, Los Angeles, United States July MARIAN BAIRD Sheffield University, Sheffield, United Kingdom 28 May – 29 May University of Manchester Equalities Institute, Manchester, United Kingdom 31 May – 4 June University of Copenhagen, Copenhagen, Denmark 29 August – 5 September JULIE BYLES United Nations Open Ended Working Group on Ageing, CEPAR RESEARCHERS GIGI New York, United States 15 April – 19 April PETERY AND BEI LU VISITED THE ZHEJIANG LVKANG GROUP World Health Organisation, Geneva, Switzerland 23 April – 3 May AND WERE GREETED WITH THEIR NAMES ON THE MARQUE AT THE ENTRANCE
CEPAR ANNUAL REPORT 2019 • RESEARCH 97 4
NATIONAL & INTERNATIONAL LINKS INTERNATIONAL & NATIONAL SECTION
& FINANCIAL STATEMENT PERFORMANCE INDICATORS PERFORMANCE INDICATORS
CEPAR ANNUAL REPORT 2017 • NATIONAL & INTERNATIONAL LINKS KEY PERFORMANCE INDICATORS
98 CEPAR MEASURE 2019 TARGET 2019 RESULT
ANNUAL REPORT 2019 • KEY PERFORMANCE INDICATORS Refereed journal articles 120 167 Book chapters 8 23 Working papers 20 24 Percentage appearing in top tier journals 5 30% 47.9% Training courses held/offered by the Centre • Research ethics and compliance workshop 1 1 • Gender equity and diversity workshop6 1 0 • ECR methodology workshop 1 1 • Emerging Researchers in Ageing workshop(s) 1 3 Workshops/conferences held/offered by the Centre 3 13 Additional researchers working on Centre research • Postdoctoral researchers 0 5 • Honours students 5 3 • PhD students 10 12 • Masters by research students 0 0 • Masters by coursework students 0 0 Associate Investigators 2 9 Postgraduate completions 4 4 Mentoring programs 4 5 Presentations/briefings • Public 15 21 • Government (parliamentarians and departments/agencies at both state and federal level) 37 59 • Industry/business/end users 15 48 New organisations collaborating with, or involved in, the Centre 2 18 Students mentored through the ERA program 800 900 Translational documents published 5 7
5 Percentage of publications, indexed in Scopus and/or the Australian Business Deans Council (ABDC) Journal Quality List, included in the top 10% of journals by Scopus SciVal CiteScore Percentile or ranked by the ABDC as A or A*. 6 A workshop was not held in 2019. Instead, a range of new EDI initiatives was introduced and a Centre-wide survey undertaken to inform future planning. RESEARCH OUTPUTS
99 CEPAR 10 Fisher, G. G., Chacon, M., and Chaffee, D. S., (2019). 20 Rudolph, C. W., Zacher, H., and Baltes, B. B., (2019). A4 EDITED BOOKS Theories of cognitive aging. In Baltes, B., Rudolph, C. Looking forward: A new agenda for studying work and Zacher, H. Work Across the Lifespan. London, UK: across the lifespan. In Baltes, B., Rudolph, C. and ANNUAL REPORT 2019 • RESEARCH OUTPUTS 1 Agnew, J. and Mitchell, O.S., (2019). The Disruptive Elsevier. Zacher, H. Work Across the Lifespan. New York, USA: Impact of FinTech on Retirement Systems. Oxford Academic Press. University Press. 11 Gerpott, F.H. and Fasbender, U., (2019). Intergenerational learning in age-diverse meetings: A 21 Zacher, H. and Kunzmann, U., (2019). Wisdom in the 2 Pond, D., Phillips, J., Day, J., McNeill, K., Evans, L., social comparison perspective. In Meinecke, A.L., Allen, workplace. In Sternberg, R. J., Nusbaum, H. C. and Troller, J., Anstey, K.J. and Peters, R., (2019). J.A. and Lehmann-Willenbrock, N. Managing Meetings Glück, J. Applying wisdom to contemporary world People with Dementia: A care guide for General Practice. in Organizations (Vol. 20 of the Research on managing problems. Cham, Switzerland: Palgrave Macmillan. groups and teams book series). Bingley, UK: Emerald. 22 Zacher, H., Rudolph, C. W., and Baltes, B. B., (2019). An B BOOK CHAPTERS 12 Gerpott, F.H., Halvorsen, C.J., and James, J.B., (2019). invitation to lifespan thinking. In Baltes, B., Rudolph, C. Self-employment and aging. In Gu, D. and Dubre, M.E. and Zacher, H. Work Across the Lifespan. New York, USA: 1 Agnew, J. and Mitchell, O.S., (2019). How FinTech is Encyclopedia of Gerontology and Population Aging. Academic Press. Reshaping the Retirement Planning Process. In Agnew, New York, USA: Springer. J. and Mitchell, O.S. The Disruptive Impact of FinTech on 23 Zacher, H., Rudolph, C. W., and Rauvola, R. S., (2019). Retirement Systems. Oxford University Press. 13 Holzmann, R., Alonso-García, J., Labit-Hardy, H. and Career counseling for middle-aged and older adults. In Villegas, A., (2019). NDC schemes and heterogeneity in Maree, J.G. Handbook of innovative career counselling. 2 Alonso-García, J., (2019). Pension Systems. In Gu, D. longevity: proposals for redesign. In Holzmann, R., New York: Springer. and Dupre, M.E. Encyclopedia of Gerontology and Palmer, E., Palacios, R. and Sacchi, S. Progress and Population Aging. New York: Springer. Challenges of Nonfinancial Defined Pension Schemes – 3 Bauer, T. N., Truxillo, D. M., Jones, M. and Brady, G., Volume 1: Addressing Marginalization, Polarization, C1 JOURNAL ARTICLES: ARTICLES IN (2019). Privacy and cybersecurity challenges, and the Labor Market. The World Bank, Washington DC. SCHOLARLY REFEREED JOURNALS opportunities, and recommendations: Personnel 14 Hunt, A., (2019). 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CEPAR Working Paper Series Selection, Optimization, and Compensation Strategies, 7. doi: https://doi.org/10.3389/fpubh.2019.00296. 2019/11. and their Association with Telomere Length as an Indicator of Biological Aging. International Archives of 160 Yiengprugsawan, V., Jatrana, S., Banwell, C. and Welsh, 2 Deng, Y. and Benítez-Silva, H. (2019 May). How Labor Occupational and Environmental Health, 92 (3), 361-370. J. (2019). Functional Limitations and Life Satisfaction Supply and Health Insurance Coverage Affect Medicare doi: 10.1007/s00420-019-01408-5. Dynamics among Asian-born Migrants and Australian- Costs. CEPAR Working Paper Series 2019/5. born Participants in the HILDA Study. Australasian 151 Wilson, L.F., Pandeya, N., Byles, J. and Mishra, G.D. Journal of Ageing, 38 (4), 284-289. 3 Dobrescu, I. and Christelis, D. (2019). Traumatic Life (2019). Hysterectomy Status and All-cause Mortality in doi: 10.1111/ajag.12678. Events and Financial Risk-Taking: The Enduring Impact a 21 year Australian Population-based COHORT STUDY. of Hunger. SSRN Working Paper Series. American Journal Obstetrics and Gynecology, 220 (1), 161 Yiengprugsawan, V., D’Este, C., Byles, J. and Kendig, H. 4 Earl, J., Hunter, M. and Bateman, H. (2019 July). Applying 83.e1-83.e11. doi: 10.1016/j.ajog.2018.10.002. (2019). Geographical Variations in Self-rated Health and Functional Limitations among older Chinese in eight Pscyhological Models to Explain Responses to 152 Wright, F.A.C., Takehara, S., Stanaway, F., Naganathan, WHO-SAGE provinces. BMC Geriatrics, 19 (1). Downsizing. CEPAR Working Paper Series 2019/9. V., Blyth, F.M., Hirani, V., Le Couteur, D.G., Handelsman, doi: 10.1186/s12877-018-1005-y. 5 Han, J.S and Lee, J.W. (2019). Demographic change, D.J., Waite, L.M., Seibel, M.J. and Cumming, R.G. (2019). human capital, and economic growth in Korea. CAMA Associations between Oral Health and Depressive 162 Yu, S. and Byles, J. (2019). Waiting Times in Aged Care: Working Paper Series 39/2019. Symptoms: Findings from The Concord Health and What Matters? Australasian Journal on Ageing. doi: 10.1111/ajag.12665. Ageing in Men Project. Australasian Journal on Ageing. 6 Hanewald, K., Jia, R., and Liu, Z. (2019 August). Why is doi: 10.1111/ger.12438. 163 Zacher, H. and Rudolph, C. W. (2019). Why Do We Act as Inequality Higher among the Old? Evidence from China. CEPAR Working Paper Series 2019/10. 153 Wubishet, B., Harris, M., Acharya, S., Forder, P. and Old as We Feel? The Role of Occupational Future Time Perspective and Core Self-evaluations in the Byles, J. (2019). Predictors of 15-year Survival among 7 Hernæs, E., Jia, Z., Piggott, J. and Vigtel, T.C. (2019 Relationship Between Subjective Age and Job Crafting Australian Women with Diabetes from Age 76-81. April). Flexible Pensions and Labor Force Withdrawal. Behaviour. European Journal of Work and Organizational Diabetes Research and Clinical Practice, 150, 48-56. CEPAR Working Paper Series 2019/3. doi: 10.1016/j.diabres.2019.02.016. Psychology, 28 (6), 831-844. doi: 10.1080/1359432X.2019.1677609. 8 Huang, Z., Sherris, M., Villegas, A. amd Ziveyi, J. (2019 154 Xu, M., Sherris, M. and Meyricke, R. (2019). Systematic September). The Application of Affine Processes in 164 Zacher, H. and Rudolph, C. W. (2019). Just a Mirage: On Mortality Improvement Trends and Mortality Cohort Mortality Risk Models. CEPAR Working Paper the Incremental Predictive Validity of Subjective Age. Heterogeneity: Insights from Individual-level HRS Data. Series 2019/12. North American Actuarial Journal, 1-23. Work, Aging and Retirement, 5 (2), 141-162. doi: org/10.1080/10920277.2018.1513369. doi: 10.1093/workar/wax031. 9 Jijiie, A., Alonso-García, J. and Arnold, S. (2019 May). Mortality by Socio-economic Class and its Impact on 165 Zacher, H., Rudolph, C. W., Todorovic, T., and Ammann, 155 Xu, X., Parker, D., Inglis, S.C. and Byles, J. (2019). Can the Retirement Schemes: How to Render the Systems D. (2019). Academic Career Development: A Review and Regular Long-term Breakfast Cereals Consumption Fairer? CEPAR Working Paper Series 2019/6. Benefits Lower Cardiovascular Diseases and Diabetes Research Agenda. Journal of Vocational Behavior, 110, Risk? A Longitudinal Population-based Study. Annals of 357-373. doi: 10.1016/j.jvb.2018.08.006 10 Kaakai, L., Hardy, L., Arnold, S. and El Karoi, N. (2019 Epidemiology. April). How Can a Cause-of-death Reduction be doi: 10.1016/j.annepidem.2019.07.004. Compensated for by the Population Heterogeneity? A Dynamic Approach. CEPAR Working Paper Series 2019/4. RESEARCH OUTPUTS
106 CEPAR 11 Keane, M., Ketcham, J., Kuminoff, N. and T. Neal. (2019). 14 Clancy, R. L., Fisher, G. G., Daigle, K. L., Henle, C. A., Evaluating Consumers’ Choices of Medicare Part D OTHER OUTPUTS McCarthy, J., and Fruhauf, C. A. (April 2019). Poster. Plans: A Study in Behavioral Welfare Economics. NBER Eldercare & Work: A Multidisciplinary Review and ANNUAL REPORT 2019 • RESEARCH OUTPUTS Working Paper. 1 Agnew, J., Hung, A.A., Montgomery, N.V. and Thorp, S. Recommendations for Future Research. Annual (2019). Poster presentation. White-Labels, Brands, and Conference of the Society for Industrial/Organizational 12 Krahe, K., Sherris, M., Villegas, A. and Ziveyi, J. (2019 Trust: How Mutual Fund Labels Affect Retirement Psychology. Maryland, USA. October). A Value-Based Longevity Index for Hedging Portfolios. TIAA Institute Report. Retirement Income Portfolios. CEPAR Working Paper 15 Das, A., Cumming, R.G., Naganathan, V., Blyth, F. and Series 2019/15 2 Alonso Garcia, J. (May 2019). Bequest motive, illiquid Hirani, V. (May 2019). Poster. Association of Sarcopenia savings and mental accounting. 2019 Boulder Definitions with Nutrient Intakes and Dietary Patterns 13 Li, S., Hardy, H.L., Sherris, M. and Villegas, A. (2019 Conference on Consumer Financial Decision Making. in Older Men: The Concord Health and Ageing in Men September). A Managed Volatility Investment Strategy Boulder, Colorado, USA. Project. International Association of Gerontology and for Pooled Annuity Products. CEPAR Working Paper Geriatrics European Region Congress. Gothenburg, Series 2019/14. 3 Andrei, D.M., Parker S.K., Constantin, A., Baird, M., Iles, L., Petery, G., Zoszak, L., Williams, A., & Chen S. (2019). Sweden. 14 Lu, Q., Hanewald, K. and Wang, X. (2019 November). Maximising Potential: Findings from the Mature 16 DeBruin, R., Finkelstein, L. and Barber, L. (April 2019). Bayesian Hierarchical Multi-population Mortality Workers in Organisations Survey (MWOS). CEPAR Poster. Does Age Influence Judgments of Workplace Modelling for China’s Provinces. CEPAR Working Paper Industry Report, December 2019. Electronic Multitasking? 34th Annual Meeting of the Series 2019/17. 4 Bateman, H., Brownlow, J., Culbert, B., Chu, C., Eckert, Society for Industrial and Organizational Psychology, 15 Olivieri, A. and Pitacco, E. (2019). Linking Annuity C., Fu, B. and Thorp, S. (2019 October). New residential Maryland, USA. Benefits to the Longevity Experience: A General mortgages and superannuation engagement. Industry 17 Ferdinand, A., Massey, L., Cullen, J., Temple, J., Framework. SSRN Working paper. Report 2019/2. Chamravi, D., Meiselbach, K., Paradies, Y., Baynam, G., 16 Olivieri, A. and Pitacco, E. (2019). Longevity-Linked 5 Bauer, T. N., Erdogan, B, Caughlin, D. and Truxillo, D. M. Savarirayan, R. and Kelaher, M. (May 2019). Annuities: How to Preserve Value Creation Against (2019). Textbook. Principles of Human Resource Understanding Disability through the Lens of Aboriginal Longevity Risk. SSRN Working paper. Management. Sage Publications: California, USA. and Torres Strait Islander People – Challenges and Opportunities. Lowitja Institute, Report. 17 Poonpolkul, P. (2019 December). Risk-Sensitive 6 Bauer, T. N., Erdogan, B, Caughlin, D. and Truxillo, D. M. Preferences and Age-Dependent Risk Aversion. CEPAR (July 2019). Textbook. Human Resource Management: 18 Han, J.S. and Lee, J.W. (2019) Demographic Change, Working Paper Series 2019/19. People, Data, and Analytics. Human Capital, and Economic Growth in Korea. CAMA Working Paper Seires 39/2019. 18 Sherris, M. and Wei, P. (2019 August). A Multi-state 7 Bharadwaj, A., Dunlop, P., Parker, S.K. and Straker, L. Model of Functional Disability and Health Status in the (May 2019). Poster. An Investigation of Work-Design and 19 Holzmann, R., Alonso-Garcia, J., Labit-Hardy, H. and Presence of Systematic Trend and Uncertainty. CEPAR Individual Differences As Antecedents of Employee Villegas, A. (2019). NDC Schemes and Heterogeneity in Working Paper Series 2019/13. Moral and Disengagement. European Association of Longevity: Proposals for Redesign . Social Protection Work and Organisational Psychology, Turin, Italy. and Jobs Discussion Paper, No. 1913. 19 Smyrnis, G., Bateman, H., Dobrescu, I., Newell, B. and Thorp, S. (2019 July). Motivated Saving: The Impact of 8 Bütler, M., & Stadelmann, S. (2019). Building on Pension: 20 Iles, L., Andrei, D., Petery, G., Constantin, A., Parker, S. Projections on Retirement Saving Intentions. CEPAR Second Pillar Wealth as a Way to Finance Real Estate. and Baird, M. (October 2019). Poster. Organisational Working Paper Series 2019/8. University of St. Gallen Discussion Paper no. 2019-13. Meta Strategies for Managing Age Diversity. CEPAR All Staff Workshop, Sydney, Australia. 20 Tran, C. and Zakariyya, N. (2019 February). Tax 9 Cadiz., D., Brady, G., Zaniboni, S., and Truxillo, D. Progressivity in Australia: Facts, Measurements and (November 2019). Poster. The Deleterious Effects of 21 Kaakai, S., Labit Hardy, H., Arnold, S. and El Karoui, N. Estimates. CEPAR Working Paper Series 2019/1 Age Discrimination Through Perceptions of Work How a Cause-of-Death Reduction can be Compensated Ability. Age in the Workplace Conference. St. Gallen, in Presence of Heterogeneity? A Population Dynamics 21 Wu, S., Bateman, H., Stevens, R. and Thorp, S. (2019 Switzerland. Approach. Workshop on Dynamic models for Human March). Flexible Long-term Care Insurance: An Longevity with Lifestyle Adjustments (LoLitA).King’s Experimental Study of Demand. CEPAR Working Paper 10 Chomik, R. and Townley, C. (January 2019). Aged Care College London Financial Mathematics Department. Series 2019/2. Policy, Provision, and Prospects. CEPAR Fact sheet. London, England, June 2019 and the International Workshop on Subnational Life Tables. The Australian 22 Xu, M., Sherris, M. and Shao, A. (2019 July). Portfolio 11 Chomik, R. and Yan., S. (August 2019). Housing in an National University, Canberra, Australia, October 2019. Insurance Strategies for a Target Annunization Fund. Ageing Australia: Nest and Nest Egg? CEPAR Research CEPAR Working Paper Series 2019/7. Brief. 22 Keane, M. Better Targetting of Australia’s Age Pension. Austax Blog post. 23 Yang, S. and Hanewald, K. (2019 October). Life 12 Chomik, R., Williams, A. and Baird, M. (August 2019). Satisfaction of Older Chinese: The Role of Health and Legal Protections for Mature Workers. CEPAR Fact 23 Kiely, K. (May 2019). Poster. Estimating the Number of Health Insurance. CEPAR Working Paper Series 2019/16. sheet. Years Older Australian’s Live in Financial Hardship. 31st REVES Network on Health Expectancy. Barcelona, 24 Yu, D. and Fiebig, D. (2019 November). Internet Use and 13 Chomik, R., Yan., S. and Piggott, J. (2019). Aging, Fiscal Spain. Cognition among Middle-Aged and Older Adults in Sustainability and Adequacy of Social Security China: A Cross-Lagged Panel Analysis. CEPAR Working Systems. CEPAR Policy Brief for the T20 Task Force on Paper Series 2019/18. Aging Population and its Economic Impact + Immigration. 107 CEPAR 24 King, E., Finkelstein, L. Thomas, C., & Corrington, A. 35 Petery, G. A., Andrei, D. and Parker, S. (2019). Poster. (2019). Generational Differences at Work are Small; Include, Integrate, Individualise: A Framework to Guide E4 UNPUBLISHED CONFERENCE Thinking They’re Big Affects our Behavior. Harvard Effective Managerial Practices for an Age Diverse ANNUAL REPORT 2019 • RESEARCH OUTPUTS Business Review Blog post. Workforce. Age in the Workplace Meeting, St. Gallen, PRESENTATIONS Switzerland. 1 Absor, M. (November 2019). Social Welfare Policy at the 25 Klonek, F., & Parker, S. K. (2019). Self-managing Team or Crossroads: Inequality in Accessing Social Rights Tayloristic Production Chain? What Can We Learn from 36 Rahman, M. (May 2019). Poster. Trajectories of Older among Rur al Older People. Indonesian Council Open Simulation-based Work Design Trainings. Group Australian Woman in the Residential Settings: A Conference (ICOC), The Australian National University, Interaction (German HR Management Publication for Multi-Trajectories Modelling Approach. American Canberra, Australia. Practitioners). Geriatric Society conference, Portland, USA. 2 Absor, M. (September 2019). Health Inequalities among 26 Kunz, J., Fisher, G. G., and Grosch, J. K. (November 2019). 37 Rudolph, C. W., Kunze, F., & Zacher, H. (2019). Getting Rural Indonesian Elderly: Why Gender Matters? The Poster. Predictors of Participation in Workplace Health Objective about Subjective Age: Introduction to a EuroSEAS Conference. Humbold University, Berlin, Promotion Programs: A Review and Recommendations Special Issue. Work, Aging and Retirement, 5(4), Germany. for Research and Practice. 13th International APA/ 265-272. NIOSH/SOHP Work, Stress & Health Conference. 3 Agnew, J., Hung, A., Montgomery, N. and Thorp, S. (June Philadelphia, USA. 38 Sinclair, C. (June 2019). Poster. Health Professional 2019). White-Labels, Brands and Trust: How Mutual Judgements Regarding Decision-making Involvement Fund Labels Affect Retirement Portfolios. 2019 27 Li, H., Hanewald, K., and Pu, L. (2019). Constructing among People Living with Dementia. NHMRC National Teachers Insurance and Annuity Association (IAA) Occupation-specific Life Tables for China. Report Institute of Dementia Research Australian Dementia Institute Fellow Symposium, Putting Behavioral prepared for the Society of Actuaries. Forum, Hobart, Australia. Finance to Work: Insights and Solutions for Better 28 Lu, B., Piggott, J. and Zheng, B., (2019). The Notional 39 Smyrnis, G., Bateman, H., Dobrescu, I., Newell, B. and Retirement Outcomes, New York, USA. and the Real in China’s Pension Reforms. Social Thorp, S. (2019). The Impact of Projections on 4 Alonso García, J. and Devolder, P. (March 2019). Protection Discussion Paper No 1921. Washington DC. Superannuation Contributions, Investment Choices Guarantee valuation in notional defined contribution World Bank Group. and Engagement. CEPAR Industry Report 2019/1. pension systems. Fair Valuation in Insurance 29 Meyricke, R. and Chomik., R. (September 2019). The 40 Tran-Duy, A., Knight, J., Palmer, A., Petrie, D., Lung, T., Workshop, Brussels, Belgium. Impact of Climate Change on Mortality and Retirement Herman, W., Eliasson, B., Svensson, A. and Clarke, P. 5 Alonso García, J. and Tang, Q. (July 2019). Utility Incomes in Australia. The Dialogue, Actuaries Institute. (2019). A patient-level model to estimate lifetime Indifference Pricing of a Coupon-yielding Bond. 23rd health outcomes of patients with type 1 diabetes. 30 Mishra, G., Byles, J., Dobson, A., Chan, H.W., Tooth, L., International Congress of Insurance: Mathematics and Hockey, R., Townsend, N. and Loxton, D. (February 41 Voyles, E. and Finkelstein, L. (April 2019). Poster. Economics. Munich, Germany. 2019). Policy Briefs from the Australian Longitudinal Reactions to Age Metastereotypes in the Workplace. 6 Alonso García, J., Sherris, M., Thirurajah, S. and Ziveyi, J. Study on Women’s Health. Report prepared for the 34th Annual Meeting of the Society for Industrial and Incorporating Taxation in the Valuation of Variable Australian Government Department of Health. Organizational Psychology, Maryland, USA. Annuity Contracts: The case of the Guaranteed 31 Oselinsky, K., Kunz, J., Fisher, G.G., and Graham, D. 42 Vu, M., Carvalho, N., Clarke, P., Buchbinder, R. and Minimum Accumulation Benefit Rider. Actuarial and (November 2019). Poster. Workplace Physical Activity Tran-Duy, A. (May 2019). Poster. Impact of Comorbid Financial Mathematics Conference (AfMath). Brussels, and Cognitive Performance. 13th International APA/ Conditions on Health Care Expenditure and Work- Belgium, February 2019 and Risk Management NIOSH/SOHP Work, Stress & Health Conference. related Outcomes in Patients with Rheumatoid Strategies. Australasian Actuarial Education and Philadelphia, USA. Arthritis: A Retrospective Analysis using the Medical Research Symposium. University of Melbourne, Expenditure Panel Survey in the Period 2006-2015. Melbourne, Australia, November 2019 and 27th Annual 32 Oxendahl, T., Brady, G., Truxillo, D. and Bauer, T. N. (2019). Annual Meeting of the Professional Society for Health Colloquium on Pensions and Retirement Research, Poster. Individual Differences, Work Demands, and Economics and Outcomes Research (ISPOR). Sydney, Australia, December 2019. Workplace Eco-Driving Behaviors. SIOP Conference, Copenhagen, Denmark. Washington D.C., United States. 7 AlonsoGarcía, J., Bateman, H. and Stevens, R. (January 43 Williams, A. (2019). Policy Review. Shire of 2019). Behavioral Economics and the Bequest Motive in 33 Parker, S. K., Andrei, D. and Van den Broeck, A. (June Gnowangerup, Report. Presence of Illiquid Savings. Netspar International 2019). Who Designs Boring Jobs and Who Designs Pension Workshop. Leiden, The Netherlands. Enriching Ones. Harvard Business Review Blog post. 44 Work Design. EAWOP Small Group Meeting on the Antecedents of Work Design. Vrije Universiteit, 8 Andrei, D., Wenzel, R. and Parker, S.K. (May 2019). 34 Peters, R., Kiely, K.M., Lipnicki, D.M., Ancelin, M., Anstey, Amsterdam, Netherlands. Organisational Level Antecedents of High-Quality Work K.J., Brodaty, H., Costa, E., Guaita, A., Haan, M., Katz, Design. European Association of Work and M.J., Kim, K.W., Lipton, R.B., Rodriguez, J.J.L., Ritchie, K., 45 Yang, S. (April 2019). Poster. Inequality in the Health Organisational Psychology. Turin, Italy. Scarmeas, N. and Sachdev, P.S. (July 2019). Poster. Status of Elderly Chinese in Cities: A Multilevel Analysis Cardiovascular Risk Factor Clusters and Cognitive of Migrants and Local Residents. Annual Conference of 9 Anstey, K. (July 2019). World Health Organisation Risk Decline. Alzheimer’s Association International Population Association of American (PAA), Austin, TX, Reduction Guidelines - Cognitive Decline and Conference. California, USA. USA. Dementia. Alzheimer’s Association International Conference. Los Angeles, USA. RESEARCH OUTPUTS
108 CEPAR 10 Anstey, K.J. (2019). Plenary. The Relative Importance of 21 Brady, G., Cadiz, D., Rineer, J., and Truxillo, D. (2019). The 32 Clarke, P. and Erreygers, G. (July 2019). Defining and Cognitive Reserve for Risk of Late-life Cognitive Influence of Age and Job Characteristics on Disability Measuring Health Poverty. International Health Ageing, Cognitive Impairment and Dementia. Global Intentions and Citizenship. 2019 SIOP Conference, Economics Association (iHEA). Basel, Switzerland. ANNUAL REPORT 2019 • RESEARCH OUTPUTS Summit on Cognitive Research, International Symposium: When Age Matters and Why: Crucial Federation on Ageing. Copenhagen, Denmark. factors for success and well-being at work. 33 Clarke, P., Stiles, J., Tran-Duy, A., Roope, L., and Washington, USA. Barnett, A. (July 2019). When do we Die in the Long-run? 11 Awuviry-Newton, K. (2019). The lived experience of The Relative Survival of Politicians Over the 20th older adults engaging in Activities of daily living and 22 Byles, J. (November 2019). Presentation at the Century. Health Economists’ Study Group. East Anglia, instrumental activities of daily living (IADL): An Australian Longitudinal Study of Women’s Health United Kingdom. interpretative phenomenological analysis. 18th (ALSWH) Symposium. (ALSWH), Canberra, Australia. Emerging Researchers in Ageing Conference. Sydney, 34 Constantin, A. (February 2019). Mature Workers in Australia. 23 Byles, J. (October 2019). Integrating Prevention in Policy Organisations Research Framework and Instruments. (Australian perspective). IAGG 11th IAGG Asia/Oceania Work and Care Symposium. Sydney, Australia. 12 Baird, M. (April 2019). Young Women and Men and the Regional Congress 2019. Taipei, Taiwan. Future of Work and Family Formation. Future of Work 35 Dinale, D. (February 2019). Understanding the Role of Conference. Curtin University, Perth, Australia. 24 Byles, J. (October 2019). Promoting Prevention across Comparative Capitalist Settings in Mediating the Nexus the Life Course: The Role of Policymakers and Civil Between Production and Reproduction. 29th 13 Baird, M. (May 2019). Keynote. A Creative Tension: Society. Prevention in an Ageing World – G20 Side Association of Industrial Relations Academics of Life as a Policy Activist and an Academic. 8th Event. Okayama, Japan. Australia and New Zealand AIRAANZ Conference. International Community, Work and Family Conference. Melbourne, Australia. Valletta, Malta. 25 Byles, J. (October 2019). Six Essential Aspects for LTC: An Evidence-based Evaluation of the Australian LTC 36 Dinale, D. (November 2019). More Female Jobs, More 14 Baird, M. (November 2019). Keynote. Reading Between system. 2019 Asia-Pacific Policy Forum for Long-term Babies: Understanding How Developed English- the Lines: My Experiences of Translating Research into Care in Aging: Facing the Aged Society and Future of speaking Nations Combine Relatively High Female Policy. 18th National Conference of Emerging Long-term Care. Kaohsiung Medical University, Taiwan. Employment and Fertility Despite a High Cost of Researchers in Ageing: Equity and Diversity. Sydney, Childcare. 18th National Conference of Emerging Australia. 26 Byles, J., Rahman, M., Princehorn, E., Holliday, E. and Researchers in Ageing. Sydney, Australia. Jagger, C. (November 2019). Successful Ageing from 15 Baird, M., Constantin, A. and Williams, A. Mature old to very old: Findings from a Longitudinal Study of 37 Fehr, H. (June 2019). Tenure Choice, Portfolio Structure Workers and Unpaid Care: Preliminary Results from the 12432 Women from Australia. 52nd AAG conference, and Long-Term Care - Optimal Risk Management in MWOS Benchmark Survey. Debating the Future of Work: Sydney, Australia. Retirement. CEPAR Economics of Ageing Workshop. Challenges and Prospects Conference. Sheffield Sydney, Australia. University, UK, May 2019 and the University, May 2019. 27 Byles, J., Rahman, M., Princehorn, E., Holliday, E. and of Sheffield and International Labour Organization, Jagger, C. (May 2019). Successful Ageing from old to 38 Feng, G., Lim, J., Lu, B. and Yan, G. (July 2019). National Debate on the Future of Work, Laos, Lao very old: Findings from the Australian Longitudinal Substitutional Effect of Long-term Care to Medical People’s Democratic Republic. Study on Women’s Health. IAGG-ER 9th European Health Care. 5th Annual Workshop on Population Congress of the International Association of Ageing and the Chinese Economy. Sydney, Australia. 16 Barnett, A., Tran-Duy, A., Stiles, J. and Clarke, P. Gerontology and Geriatrics, Gothenburg, Sweden. (October 2019). Using Politicians’ Relative Survival to 39 Fisher, G. (November 2019). Conducting Examine the History of Income-related Health 28 Cadiz, D. M., Brady, G., Truxillo, D. M. and Rineer, J. (2019). interdisciplinary research. 13th International American Inequalities. Australian Epidemiology Association Work Ability as a Mechanism between Resources and Psychological Association: Work, Stress & Health Annual Scientific Meeting. Brisbane, Australia. Performance, Absence, and Attitudes Toward Aging. Conference. Philadelphia, USA. The European Association for Work and Organizational 17 Bateman, H. (May 2019). Learning to Value Annuities: Society Congress, Turin, Italy. 40 Fong, J.H. (June 2019). Taking Control: Active the Role of Information and Engagement. Conference Investment Choice in Singapore’s National Defined on Consumer Financial Decision Making. Boulder, 29 Cadiz, D., Finkelstein, L., and Saelinger, A. (November Contribution Scheme. CEPAR Economics of Ageing Colorado, USA. 2019). SOC and Career Development Online Intervention. Workshop. Sydney, Austrlaia. Age in the Workplace Conference. St. Gallen, 18 Bateman, H. (November 2019). Keynote. Defined Switzerland. 41 Fu, Y. and Sherris, M. (September 2019). Health Status Contribution Institutional Investor Association, and Function Disability with Systematic Trends: A Academic Forum. New York, USA. 30 Capatina, E. and Keane, M. Health Shocks and the Comparison Between China and the US. 15th Evolution of Consumption and Income over the International Longevity Risk and Capital Markets 19 Bauer, R., Eberhardt, I., Smeets, P. (December 2019). Life-Cycle. Canadian Economics Association Annual Solutions Conference. Washington, USA. A Fistful of Dollars - Financial Incentives Improve Conference. Banff, Canada, June 2019 and Midwest Retirement Information Search. 27th Colloquium on Macroeconomics Meetings. Georgia, USA, May 2019. 42 Gerpott, F.H., and Fasbender, U. (September 2019). Pensions and Retirement Research. Sydney, Australia. Age-specific HR-Practices as a Means to Combat 31 Chung, T. (June 2019). Health risk, Insurance and Discrimination Towards Older Workers. Exploring 20 Brady, B., Gonsalvez, C., Wufong, E., Kneebone, I. and Optimal Progressive Income Taxation. 2019 Society of Justice, Equity, and Inclusion for Older Workers in the Bailey, P. (April 2019). Age-Related Differences in Fear Economic Dynamics (SED) Conference. St Louis, USA, Changing Context of Aging & Work, Sloan Research Regulation Using Positive Reappraisal and Mindful June 2019 and 2019 Asian Meeting of Econometrics Network on Aging & Work, Fall Institute. Harvard Attention Strategies. Australasian Society for Social Society (AMES), Xiamen, China, June 2019. University, Boston, USA. Psychologists, Sydney, Australia. 109 CEPAR 43 Gong, C. et al (October 2019). Comparison of Dual 54 Hussain, R. and O’Loughlin, K. (November 2019). 63 Kröner, F. and Müller, A. (May 2019). Those Who Need it Sensory Loss among older Chinese and Australians: Healthcare Professionals and Ageism: Has Anything the Most get it the Least: Age Specific Reciprocal Prevalence an its impact on wellbeing. IAGG Asia/ Changed. Australian Association of Gerontology Effects Between Social Support and Mental Strain. 19th ANNUAL REPORT 2019 • RESEARCH OUTPUTS Oceania Regional Congress. Taipei, Taiwan. Conference. Sydney, Australia. Congress of the European Association of Work and Organizational Psychology. Turin, Italy. 44 Gong, C. et al (October 2019). Does Education and 55 Kabuche, D. (November 2019). Longevity Risk: Interrupted Work Experience Help To Explain Why Retirement Income Product Innovation. Tenth 64 Kudrna, G. (2019). Establishing multi-pillar pension Childhood Health Is Related To Later Life Quality: Australasian Actuarial Education and Research system through the role-sharing between public and Evidence from CHARLS. International Alliance of Symposium. University of Melbourne, Melbourne, private pensions: The case of Australia. 14th Pension Research Universities (IARU). The Australian National Australia. Experts Meeting in The Asia-Pacific Region. Seoul, University. Canberra, Australia. Korea. 56 Keane, M. Keynote. A Proposal to Streamline the Age 45 Hanewald, K. (August 2019). Income Inequality among Pension. CEPAR Economics of Ageing Workshop. 65 Labit Hardy, H. and Sherris, M. (July 2019). Long Term the Elderly: Evidence from China. Annual Meeting of the Sydney, Australia, June 2019 and Keane, M and Care Insurance Incorporating Systematic Trends and American Risk and Insurance Association (ARIA). San Iskhakov, F. (June 2019). Effects of Taxes and Safety Uncertainty: Design and Pricing for Australian Markets. Francisco, USA, August 2019 and 5th Annual Workshop Net Pensions on life-cycle Labor Supply, Savings and 23nd International Congress on Insurance: on Population Ageing and the Chinese Economy, Human Capital: the Case of Australia. Tiomkin School Mathematics and Economics. Munich, Germany. Sydney, July 2019. Annual Workshop In Honor of Zvi Eckstein’s 70th Birthday, June 2019. 66 Lee, J.W. (August 2019). Keynote. Demographic 46 Hanewald, K. (July 2019). Is There a Demand for Reverse Change, Human Capital, and Economic Growth in Korea. Mortgages in China? Evidence from Two Online Surveys. 57 Keane, M. (November 2019). Keynote. Effects of Taxes Asia-Pacific Economic Association 2019 Annual Annual Conference of the Asia-Pacific Risk and and Safety Net Pensions on Life-cycle Labor Supply, Meeting. Fukuoka, Japan. Insurance Association (APRIA). Seoul, South Korea. Savings and Human Capital. 2019 EWC/KDI Conference on Population Aging and Sustainable Growth. Honolulu, 67 Li, H. and Hyndman, R.J. (September 2019). Assessing 47 Hay, G., Parker, S. K. and Luksyte, A. (August 2019). Hawaii. Longevity Inequality in the U.S.: What can be said about Failure and blame in Organizational Change. Academy the Future? The 15th International Longevity Risk and of Management Annual Meeting. Boston, USA. 58 Keane, M. and Iskhakov, F. Effects of Taxes and Safety Capital Markets Solutions Conference. Washington, Net Pensions on Life-cycle Labor Supply, Savings and USA. 48 Ho, T. (July 2019). Long Term Care Financing Using Home Human Capital: The Case of Australia. Econometric Equity Release: Evidence from an Experimental Study. Society Summer School on Dynamic Structural 68 Li, H. and Tang, Q. (2019 June). Analyzing Mortality Bond International Congress on Insurance: Mathematics and Econometrics in Chicago Booth, Chicago, USA, July Indexes via Hierarchical Forecast Reconciliation. The Economics. Munich, Germany, July 2019 and 5th Annual 2019 and the Australian Conference Economists 39th International Symposium on Forecasting, Workshop on Population Ageing and the Chinese (ACE2019) in Melbourne, Australia, July 2019. Thessaloniki, Greece. Economy. Sydney, July 2019. 59 Keane, M. and Neal, T. (August 2019). Implementing the 69 Li, H., Li, H., Lu, Y. and Panagiotelis, A. A Forecast 49 Holzmann, R., Alonso García, J., Labit-Hardy, H. and Keane and Runkle Approach for Fitting Dynamic Panel Reconciliation Approach to Cause-of-death Mortality Villegas, A. (May 2019). NDC Schemes and Data Models in Stata Using xtkr. Oceania Stata Modeling. The 23rd International Congress on Heterogeneity in Longevity: Proposals for Redesign. Conference. Sydney, Australia. Insurance: Mathematics and Economics, Munich, 17th International Conference on Pensions, Insurance Germany, July 2019 and L2 Conference, University of and Savings. Paris, France, May 2019 and 2019 IAA 60 Khalatbari Soltani, S. et al.. Socio-economic Status, Lausanne, Switzerland, July 2019. Colloquium (ASTIN, IAAHS, IAALS, IACA, PBSS). Cape Health Behaviours, and All-cause Mortality: The Town, South Africa, April 2019. Concord Health and Aging in Men Project. Theo Murphy 70 Li, Y., Sherris, M., Villegas, A.M. and Ziveyi, J. (April Frontiers of Science “Redefining Healthy Ageing 2019). Assessing the Public and Private Impact of 50 Hsu, B. et al. (October 2019). Frailty and Dementia and Together” Symposium, Adelaide, Australia, April 2019; Retirement Income Products (CIPRs). Allowing for Risk of Cause-specific Non-elective Hospitalisation in the International Association of Gerontology and Health Heterogeneity PARTY 2019. Sibiu, Romania. Community-dwelling Older Men. International Geriatrics Asia/Oceania Regional Congress, Taipei, 71 Li, Y., Sherris, M., Villegas, A.M. and Ziveyi, J. (August Association of Gerontology and Geriatrics, Asia/ Taiwan, October 2019; and the Australian Association Oceania Regional Congress. Taipei, Taiwan. 2019). Assessing the Public and Private Impact of of Gerontology Conference, Sydney, Australia, Retirement Income Products (CIPRs) Allowing for Health 51 Hunt, A. (October 2019). From Data to the Clinic: November 2019. Heterogeneity. Actuarial Research Conference 2019. Understanding Indonesian Depression. The Future of 61 Knight, C., Parker, S.K. and McLarnon, M. (May 2019). The Indianapolis USA. Mental Health Services in Indonesia. Sydney University. Work Design Profiles of Employees in the Australian 72 Liu, Y., Ward, M.K. and Parker, S.K. (May 2019). The 52 Hunt, A., Batterham, P. and Steel, Z. (July 2019). Late Not-for-profit-sector: A Person-centered Perspective. Buffering Effects of Future Time Perspective on the Life Depression in Indonesia. International Convention European Association of Work and Organisational Relationship Between Workload and Well-being: on Common Mental Disorders. Universitas Gadjah Mada, Psychology. Turin, Italy. Evidence from a 20-year Longitudinal Study. European Yogyakarta, Indonesia. 62 Kooij, D. (May 2019). Two Job Crafting Intervention Association of Work and Organisational Psychology. Turin, Italy. 53 Hunt, A., Batterham, P. and Steel, Z. (November 2019). Studies: Increasing Person-job Fit and Work Four Multilevel Models of Distress: Understanding Engagement of Aging and Busy Employees. 31st 73 Lu, Q., Hanewald, K. and Wang, X. (November 2019). Predictors of Mental Illness Symptoms In Indonesia’s International Convention of Psychological Sciences. Coherent mortality modeling for China’s provinces in a Ageing Population. 18TH National Emerging Paris, France. Bayesian framework. Australasian Actuarial Education Researchers in Ageing Conference. Sydney, Australia. and Research Symposium, Melbourne, Australia. RESEARCH OUTPUTS
110 CEPAR 74 Lu, Q., Hanewald, K. and Wang, X. (November 2019). 86 Parker, S. K. (August 2019). Keynote. The 4th Industrial 98 Pitacco, E., Tabakova, D.Y. and Valente, M. (July 2019). Coherent Mortality Modeling for China’s Provinces in a Revolution and the Impact on the Workplace of the Allowing for Uncertainty, Observable and Unobservable Bayesian Framework. Australasian Actuarial Education Future. Bankwest Curtin Economic Centre and the Heterogeneity: From the Binomial Assumptions to More ANNUAL REPORT 2019 • RESEARCH OUTPUTS and Research Symposium, Melbourne, Australia. Future of Work Institute’s Future of Work Workshop. General Models. 23rd International Congress on Perth, Australia. Insurance Mathematics and Economics. Munich, 75 McDonald, P. (February 2019). The Global Fertility Germany. Transition. International Conference: Fertility 87 Parker, S. K. (September 2019). Keynote. Designing Work Transitions: Past and Present. Canberra, Australia. that Works: Future Directions. AOW 2019: Neue Formen 99 Shebeshi, D., Dolja-Gore, X. and Byles, J. (October 2019). der Arbeit in der digitalisierten Welt: Unplanned Readmission Within 28 days of Hospital 76 McDonald, P. (June 2019). Australian Population Policy. Veranderungskompetenz Starken. TU Braunschweig, Discharge in a Longitudinal Population-based Cohort Australian Financial Review Conference. Melbourne, Germany. of Older Australian Women. Annual Scientific Meeting Australia. of the Australasian Epidemiological Association. 88 Parker, S.K. (June 2019). Digitalisation and Other New Brisbane, Australia, October 2019 and 18th National 77 McDonald, P. (June 2019). Fertility: International Technologies as an Antecedent of Perspective and Impacts on Population Ageing/ Conference of Emerging Researchers in Ageing. Economic Growth. CEPAR Economics of Ageing 89 9Parker, S.K. (May 2019). Exciting Times in Work Design Sydney, Australia, November 2019. Workshop. Sydney, Australia. Theory and Research: Some New Discoveries and 100 Sherris, M. (August 2019). The Application of Affine Directions. European Association of Work and Processes in Cohort Mortality Risk Models. ARIA Annual 78 McDonald, P. (October 2019). Australia: Impacts of Organisational Psychology. Turin, Italy. Immigration on the Population and the Economy. Meeting. San Francisco, USA. Ambitions for Japanese Immigration Symposium. 90 Petery, G. A., Andrei, D., and Parker, S. (2019). Mature 101 Sherris, M. (May 2019). Application of Affine Processes Tokyo, Japan. Workers in Organisations: Insights from CEPAR’s in Multi-Cohort Mortality Modelling. AFIR-ERM Benchmarking Survey of the Australian Workforce. Age International Colloquium. Florence, Italy. 79 McDonald, P. and Hosseini-Chavoshi, M. (November in the Workplace Meeting, St. Gallen, Switzerland. 2019). Alternative Pathways for Fertility in Selected 102 Sherris, M. (May 2019). Investment Strategy for Pooled Asian Countries. EWC/KDI Conference on Population 91 9Petery, G.A., Laguerre, R., Burch, K. and Barnes- Annuity Products. AFIR-ERM International Colloquium. Ageing and Sustainable Development. Hawaii, USA. Farrell, J. (April 2019). Age Stereotypes and Subjective Florence, Italy. Age: Influences and Indicators of Successful Ageing? 80 McDonald, P. and Hosseini-Chavoshi, M. (October 2019). When Age Matters And Why. Symposium, 34th Annual 103 Sinclair, C. (June 2019). Supported Decision-making: Fertility and Economic Development in Selected Asian Conference of the Society for Industrial-Organisational Policy, Practice and Lived Experience in Dementia Care. Countries. Second Asian Population Forum. Shanghai, Psychology. National Harbor, USA. University of Tasmania ‘Ethics and Dementia’ Satellite China. Symposium. Tasmania, Australia. 92 Piggott, J. (November). Designing and Implementing 81 McKibbin, W. (February 2019). Global Demographic Social Protection and Pension Policies: Can Equity, 104 Temple, J. (October 2019). Keynote. Food Insecurity and Dilemmas and the Future of Retirement Disruption and Income Adequacy, and Sustainability all be Achieved? Social Assistance Payments. 2019 World Food Day Development: Alternative Futures of the Global National Academy of Medicine. Washington, USA. Symposium. Melbourne, Australia. Economy. Brookings Institution Conference. Washington, USA. 93 Piggott, J. (November). Population Aging: Challenges 105 Temple, J. (October 2019). Stressful Events and Food and Policy Options. Korean Institute of Public Finance Insecurity. 2019 World Food Day Symposium. 82 O’Loughlin, K., Black, D. & Hussain, R. (October 2019). and the East-West Center Conference. Honolulu, Melbourne, Australia. Attitudes to Ageing and Age Discrimination in Hawaii. Australian Workplaces. ‘International Perspectives on 106 Thorp, S. (May 2019). Defaults, Disclosures, Advice and Extending Working Lives: Barriers, Opportunities and 94 Piggott, J. (October 2019). The Impact of Demographic Calculators: One Size Does Not Fit all. Conference on Future Challenges’. 11th IAGG Asia-Oceania Regional Change on Labour Supply and Economic Growth: Can Consumer Financial Decision Making. Boulder, Congress. Taipei, Taiwan, China. APEC Meet the Challenges Ahead? Nikkei Super Active Colarado, USA. Aging Society Conference. Tokyo, Japan. 83 O’Loughlin, K., Triandafilidis, Z., Saich, F. and Judd-Lam, 107 Timms, M., Andrei, D. and Parker, S.K. (May 2019). When S. (June 2019). How Flexible is Flexible? Australia’s 95 Piggott, J. and Chomik, R. (February 2019). Population Do Others Support Employee Job Crafting: A Job Design Flexible Work Policies to Support Working Carers. Aging, Inequality and Fiscal Sustainability: The Simulation Task. European Association of Work and Symposium Innovation for sustainable care: Challenge for Social Security Design. Inclusive Growth Organisational Psychology. Turin, Italy. International Perspectives from Industry and Practice and Fiscal Policy Conference. Korean Institute of Public Symposium. Transforming Care Conference. Finance and the East-West Center, Honolulu, Hawaii. 108 Tordera, N., Peiro, J. M., Ayala, Y., Villajos, E., and Copenhagen, Denmark. Truxillo, D. M. (August 2019). The Interaction Between 96 Pitacco, E. (2019 May). ERM & QRM in Life Insurance: An HR Practices and Age for Sustainable Careers Across 84 Parker, S. (April 2019). The Future of Work: How Should Actuarial Primer. AFIR-ERM AFIR-ERM Colloquium, the Lifespan. Academy of Management Annual we Prepare for Tomorrow’s World? Bankwest Curtin Florence, Italy. Meeting. Boston, USA. Economic Centre and the Future of Work Institute’s Future of Work Workshop. Perth, Australia. 97 Pitacco, E. (June 2019). Teaching Life Insurance 109 Tran-Duy, A., Knight, J., Palmer, A., Petrie, D., Lung, T., Mathematics and Techniques: Does “Tradition” Comply Herman, W., Eliasson, B., Svensson, A.M. and Clarke, P. 85 Parker, S. K. (August 2019). For Better or Worse? The with Current Scenarios? European Congress of (December 2019). COSMO-T1D: A Comprehensive Impact of Proactivity on Well-being. Academy of Actuaries, Lisbon, Portugal. Outcomes Simulation Model for Type 1 Diabetes Management Annual Meeting. Boston, MA, USA. Economics, Simulation Modelling and Diabetes. Mount Hood Asia Challenge Conference. Seoul, Korea. 111 CEPAR 110 Tran-Duy, A., Knight, J., Palmer, A., Svensson, A.M., 118 Wei, P. and Sherris, M. (August 2019). Retirement Eliasson, B., and Clarke, P. (May 2019). Poster. Modelling Planning with Systematic Disability and Mortality Risk. SEMINAR PRESENTATIONS
Progression of Risk Factors in Patients with Type 1 54th Actuarial Research Conference. Indiana, USA. ANNUAL REPORT 2019 • RESEARCH OUTPUTS Diabetes: Towards the Most Appropriate Functional 1 Andrei, D. and Petery, G. (2019 March). Mature Workers Forms for a Simulation Model of Long-term Health 119 Yang, S. (July 2019). Life Satisfaction of Older Chinese: in Organisations - Challenges and Opportunities for an Outcomes. Annual Meeting of the Professional Society The Role of Health and Health Insurance. 5th Annual Organisational-Based Approach. MBA Engage Series for for Health Economics and Outcomes Research (ISPOR). Workshop on Population Ageing and the Chinese Students and Alumni, Perth, Australia. Economy. Sydney, Australia. New Orleans, USA. 2 Anstey, K. (2019 April). Dementia Prevention: A Critique 111 Truxillo, D. M., Rineer, J., Cadiz, D. M., and Brady, G. (May 120 Yeo, G., Parker, S. K. and Celestine, N. A. (August 2019). of Evidence from Randomised Controlled Trials. South 2019). Team Cohesion Buffers Against Negative Effects Making time for Slack Time. Academy of Management Australian Medical Research Institute Seminar, of Poor Health on Work Ability. 19th Congress of the Annual Meeting. Boston, MA, USA. Adelaide, Australia. European Association of Work and Organizational 121 Yiengprugsawan, V. (June 2019). Functional Limitations 3 Anstey, K. (2019 October). An Overview of the Evidence Psychology. Turin, Italy. and Life Satisfaction Dynamics among Asian-born on the Impact of Medication Use, Alcohol and Smoking 112 Villegas (June 2019). Socio-economic Differences in Migrants and Australian-born Participants in the HILDA on Late-life Cognitive Function and Risk of Dementia. Mortality: Recent Trends and Implications for Pension Study. The 5th International Conference on Ageing in a National Drug and Alcohol Research Centre Seminar, Programmes. Development in Pensions International Foreign Land. Adelaide, Australia. Randwick, Australia. Pension Research Association Conference, Paris, 122 Yiengprugsawan, V. Healy, J., Karunapema, P. And 4 Batsuuri, T. (January 2019). Impact of Demographic France. Kasemsup, V. (October 2019). Investigating the Role of Change on Macroeconomic and Environmental Ou 113 Voyles, E. and Finkelstein, L. (April 2019). Reactions to Primary Health Care and Chronic Care Management: tcomes. Canberra, Australia. Findings among Older People in Sri Lanka and Thailand. Age Metastereotypes in the Workplace. 34th Annual 5 Baird, M. (2019 February). Comparative analysis and Meeting of the Society for Industrial and Organizational International Alliance of Research Universities (IARU) Ageing in Asia Symposium. Canberra, Australia. Collaboration Opportunities. Sustainable Care CEPAR/ Psychology. Maryland, USA. CIRCLE Forum, Sydney, Australia. 123 Zacher, H. and Rudolph, C. W. (September 2019). 114 Wan, C. An Experimental Study of the Demand for Hybrid 6 Baird, M. (2019 September). Current Context for Longevity and Health Insurance Products. The 23rd Altersinklusive HR Praktiken, Altersdiversitätsklima und Arbeitszufriedenheit: Ergebnisse einer Women’s Human Rights to and at Work in the International Congress on Insurance: Mathematics and Asia-Pacific Region. United Nations Working Group on Economics (IME), Munich, Germany, July 2019; the Längsschnittstudie. Fachgruppentagung Arbeits- und Organisationspsychologie. (Translation: Age-inclusive Women’s Human Rights and The Changing World of Annual Meeting of the American Risk and Insurance Work, Sydney, Australia. Association (ARIA), San Francisco, USA, August 2019, HR Practices, Age Diversity and Job Satisfaction: and the 5th Annual Workshop on Population Ageing and Results of a Longitudinal Study. Conference on Work 7 Baird, M. and Dinale, D. (2019 December). Comparing the Chinese Economy. Sydney, Australia, July 2019. and Organisational Psychology). Australia’s Work and Care Regimes to the Nordic Countries. Australia Institute Nordic Policy Centre and 115 Ward, M.K., Tay, J. and Parker, S.K. (May 2019). Centre for Future of Work Workshop. Sydney, Australia. Leveraging Work Design to Prevent Careless Responding During Online Surveys. European 8 Baird, M. (2019 December). Women & Men in Australia Association of Work and Organisational Psychology. - the Future of Work, Family & Care. EMCR Workshop, Turin, Italy. NHMRC Centre of Research Excellence in Fetal Alcohol Spectrum Disorder. Future Careers, Sydney, Australia. 116 Weber, J., Angerer P., Borchart D., Hasselhorn, H. M., and Müller, A. (May 2019). Maintaining the Work Ability in 9 Baird, M. Young Women and Men and Attitudes to the Older Employees with Health Problems: The Impact of Future of Work and Family Formation. Manchester the Adaptation Of Job Demands and Job Resources. Equalities Institute, University of Manchester, 19th Congress of the European Association of Work Manchester, UK, June 2019 and Sociology Department, and Organizational Psychology. Turin, Italy. University of Copenhagen, Copenhagen, Denmark, September 2019. 117 Weber, J., Angerer P., Borchart D., Hasselhorn, H. M., and Müller, A. (March 2019). Arbeitsfähig trotz 10 Bateman, H. (2019 November). Learning to Value Depressionen im Alter: Moderieren psychosoziale Annuities: The Role of Information and Engagement. Arbeitsbedingungen den negativen Zusammenhang BIBaP Research Network Luncheon Series, Sydney, zwischen Depressionen und Arbeitsfähigkeit? 59. Australia. Wissenschaftliche Jahrestagung der Deutschen Gesellschaft für Arbeitsmedizin und Umweltmedizin. 11 Bateman, H. and Eberhardt, I. (2019 November). Follow (Translation: Work Ability Despite Depression in Old the Rating: How Disclosure Affects Retirement Income Age: Do Psychosocial Labour Conditions Moderate Product Choices in a Discrete Choice Experiment. BIBaP the Negative Correlation between Depression and Research Network Luncheon Series, Sydney, Australia. Work Ability? 59th Annual Scientific Meeting of the 12 Batsuuri, T. (2019 January). Impact of Demographic German Society for Occupational Medicine and Change on Macroeconomic and Environmental Environmental Medicine.) Outcomes. CAMA Seminar. Australian National University, Canberra, Australia. RESEARCH OUTPUTS
112 CEPAR 13 Bauer, R., Eberhardt, I., Smeets, P. (2019 June). A Fistful 25 Holzmann, R., Alonso-García, J., Labit-Hardy, H. 38 Petery, G. (2019 March). Mature Workers in of Dollars - Financial Incentives Improve Retirement and Villegas, A. (2019 February). NDC Schemes and Organisations: Challenges and Opportunities for an Information Search. CEPAR & UNSW RAS Pensions, Heterogeneity in Longevity: Proposals for Redesign. Organisational Based Approach. I-O Research Seminar, ANNUAL REPORT 2019 • RESEARCH OUTPUTS Retirement and Ageing Seminar Series, Sydney CASRI Seminar, University of Kent, UK. University of Connecticut, Storrs, USA. Australia. 26 Hunt, A., Setiyawati, D. and Guth, R. (2019 July). 39 Petery, G., Iles, L., and Andrei, D. CEPAR updates and 14 Brady, B. (2019 July). LGBTIQA+ Diversity in Research Evaluating the Free Pasung Movement in Indonesia: Benchmark Survey Insights. Research seminar, Center and Academia. Neuroscience Research Australia Stopping the Physical Restraint of Mentally Ill in Rural for Transformative Work Design, Future of Work Seminar, Randwick, Australia. Java. Mental Health Advocacy Summer School, Institute, Curtin University, Perth, Australia, October Universitas Gadjah Mada, Yogyakarta, Indonesia. and November 2019. 15 Byles, J. (2019 April). It takes a Village – Working Together for Wellbeing. Symposium on Social 27 Hunt, A., Setiyawati, D. and Guth, R. (2019 July). From 40 Petery, G.A (2019 August). This Old Stereotype: Connection in Older Age, Brisbane, Australia. Research to Practice: Doing Evidence Based Advocacy Age-based Worker Stereotypes and stereotypic work in Indonesia. Mental Health Advocacy Summer School, performance. Research seminar at the Centre for 16 Byles, J. (2019 March). Longevity and Healthy Aging Universitas Gadjah Mada, Yogyakarta, Indonesia. Transformative Work Design, Curtin University, Perth, among Women in Australia. Healthy Ageing – A lifelong WA. Process. AAG Hunter Chapter Seminar, HMRI, Newcastle. 28 Hunt, A., Setiyawati, D. and Guth, R. (2019 July). Indonesian Psychiatric Epidemiology: A Closer Look at 41 Pitacco, E. (2019 April). Quantitative Risk Management 17 Byles, J. (2019 November). Six Essential Aspects for Depression. Mental Health Advocacy Summer School, in Life Insurance. AFIR-ERM Bulgarian Actuarial Society LTC: An Evidence-based Evaluation of the Australian Universitas Gadjah Mada, Yogyakarta, Indonesia. Seminar, Sofia, Bulgaria. LTC System. International Longevity Centre Global Alliance Long-term Care and Care Giving Symposium, 29 Keane, M and Iskhakov, F. (2019). Effects of Taxes and 42 Pitacco, E. (2019 March). Longevity and Long-term Care Glebe, Australia. Safety Net Pensions on Life-cycle Labor Supply, Risks: Innovations in Insurance Product Design. St. Savings and Human Capital: the Case of Australia. Petersburg Spring School in Risk Management, 18 Byles, J. (2019 September). The Things you Choose to Institute for Fiscal Studies, London, UK. Insurance, and Finance, St Petersburgh, Russia. do. Aged Care 2.0 New Ways of Knowing and Acting, Macquarie Park, Australia. 30 Kudrna, G. (June 2019). The Macroeconomic and 43 Poonpolkul, P. (2019 August). Risk-sensitive Distributional Effects of Private Pensions. School of Preferences and Age-dependent Risk Aversion. CAMA 19 Capatina, E. and Keane, M. Health Shocks and the Economics, Adelaide, Australia. Macroeconomic Brown Bag Seminar, Australian Evolution of Consumption and Income over the National University, Canberra, Australia. Life-Cycle. University of Pennsylvania, Pennsylvania, 31 Lee, J.W. (2019 February). Can Older Workers Stay USA April 2019; Monash Business School, Centre for Productive? Role of ICT and Training in Korea. 44 Rudolph, C.W. (November 2019). Lifespan Health Economics, Melbourne, Australia, August 2019 Economics Department, Korea University, Seoul, developmental perspectives on aging and work: and Health Shocks and the Evolution of Consumption South Korea. Theoretical and empirical advancements. University of and Income over the Life-Cycle. University of Konstanz, University of Konstanz, Germany. Connecticut. Connecticut, USA, February 2019. 32 Lee, J.W. (2019 February). Demographic Change, Human Capital, and Economic Growth in Korea. Research 45 Sinclair, C. (2019 August). Supported Decision-making 20 Clarke, P. (2019 Dec). How Long do Politicians Live in the School of Economics, Australian National University, for People Living with Dementia. HammondCare Long-run. Crawford School, Australian National Canberra, Australia. Dementia Centre, Greenwich Hospital, Greenwich, University, Canberra, Australia. Australia. 33 Li, Y., Sherris, M., Villegas, A.M. and Ziveyi, J. (2019 July). 21 Constantin, A. (2019 February). Mature Workers in Health Status Mortality Modelling Based on A 46 Villegas, A., Sridaran, D., Sherris, M. and Ziveyi, J. (2019 Organisations Research Framework and Instruments, Multiple-state Markov Ageing Model. School of Risk and January). A Data Analytics Paradigm for the Work and Care Symposium. Sustainable Care CEPAR/ Actuarial Studies PhD Seminar, UNSW Business School, Construction, Selection, and Evaluation of Mortality CIRCLE Forum, Sydney, Australia. Sydney, Australia. Models. Faculty of Actuarial Science and Insurance Seminar Series, Cass Business School, London, UK. 22 Dinale, D. (2019 September). Varieties of Gendered 34 O’Loughlin, K. (2019 February). The Rights of Carers in Capitalism: Explaining Cross-national Variations in the Context of Work. Sustainable Care CEPAR/CIRCLE 47 Williams, A. (2019 February). Australian Policy Female Labour Market Outcomes. The University of Forum, Sydney. Frameworks. Sustainable Care CEPAR/CIRCLE Forum, Sydney Discipline of Work and Organisational Studies Sydney, Australia. HDR Symposium, Sydney, Australia. 35 Parker, S. K. (2019 March). Centre for Transformative Work Design and the SMART model. Research seminar, 48 Yang, S. (2019 March). Life Satisfaction of Older 23 Duy Tran, A., Knight, J. and Clarke, P. (2019 March). Centre for Transformative Work Design, National Chinese: The Role of Health and Health Insurance. Modelling Work on Type 1 Diabetes. Health Economics University, Singapore. University of Melbourne, Melbourne, Australia. Research Centre, University of Oxford, Oxford, UK. 36 Peters, R. (2019 August). Systematic Reviews: How to 24 Firouzi Naeim, P. (2019 October). The Effect of Changing Plan and Deliver Quantitative Reviews in 2019. NeuRA the Medicare Eligibility Age on the Health of the Seminar Series, Neuroscience Research Australia. Near-Retirement Population. ANU: Applied Micro Series, Canberra, Australia. 37 Petery, G. (2019 January). What the heck is CEPAR? Research Seminar, Centre for Transformative Work Design, Curtin University, Perth, Australia. COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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30,354 316 16 2,581 ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH WEBSITE HITS IN 2019 MEDIA ARTICLES MEDIA RELEASES SOCIAL MEDIA FOLLOWERS 84,943 PAGE VIEWS IN PRINT, RADIO, IN 2019 ON TWITTER,LINKEDIN, TV & ONLINE MEDIA YOUTUBE & FACEBOOK
IN 2019 THE CENTRE CONTINUED The Centre has a social media presence on Regular appearances and op-eds in the media, Twitter, LinkedIn, YouTube and Facebook. such as The Australian Financial Review and The TO ENGAGE IN AN ONGOING DIALOGUE CEPAR is most active on Twitter and LinkedIn Sydney Morning Herald, and commentary in online WITH, AND TRANSLATE ITS and is steadily increasing its communications publications, such as The Conversation and RESEARCH IN FORMS ACCESSIBLE on these platforms. Austaxpolicy, raised the profile of the Centre and its researchers as well as the issue of population TO, GOVERNMENT, INDUSTRY, MEDIA ageing. (See page 116.) ACADEMIA AND THE COMMUNITY. In 2019, CEPAR’s media strategy continued to focus on promoting the Centre’s research WEBSITE findings and activities as well as providing CEPAR’s website continued to be a key element expert commentary on public policy issues, of the Centre’s public profile, with website traffic particularly in the areas of retirement income, growing steadily. In 2019, 19,379 people visited macroeconomics, housing, and migration cepar.edu.au for 30,354 sessions. This represents policies, as well as mature workforce an 11% increase in website hits compared to 2018 participation. figures. The largest proportion of visitors was The Centre also promoted its publicly available from Australia, with those from the US following research briefs, which synthesise knowledge at 29%. 62 news items were published on the about a particular issue drawing on the latest webpage. People, Events and Publications research findings, and fact sheets which provide were the top three most visited subpages up-to-date information on ageing-related issues. of the site in 2019. In addition, CEPAR introduced an industry report series in 2019, with three reports released during SOCIAL MEDIA AND NEWSLETTER the year. [See pages 118 to 120.] Another channel of communication with the In 2019, nine media releases were issued by Centre’s external stakeholders and the wider CEPAR and seven media releases were issued by community is via CEPAR’s online presence. The the university nodes and partners covering newsletter is designed to provide subscribers Centre research, resulting in CEPAR researchers with a regular update on CEPAR’s activities in being featured in national and global print and population ageing research. In 2019, 10 broadcast media. A full list of media mentions is newsletter campaigns were sent out to over 1.5k provided on pages 123 to 131. subscribers (up from 1.3k subscribers in 2018). COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH MEDIA FOCUS
MACRO-DEMOGRAPHIC DYNAMICS DECISION MAKING, EXPECTATIONS Harvard Business Review, Money Magazine, & POPULATION AGEING POLICY AND COGNITIVE AGEING The Globe and The Mail, 2SM and Senior AU. CI Peter McDonald was featured in national Research by CI Kaarin Anstey and AI Diane news outlets, speaking on Australia’s Hosking on dietary patterns in older SUSTAINABLE WELLBEING population growth and migration, including Australians, based on PATH study results, IN LATER LIFE The Canberra Times, ABC, SBS, and The was featured on the ABC TV Weekend CI Hazel Bateman’s and AI Katja Hanewald’s Australian. His research about falling fertility breakfast program. Several other national research project examining reverse rates for low educated women in Australia and global media outlets reported, including mortgages was featured in special was featured heavily in the media including Nine News, The Sun, Malay Mail, and Outlook interest media, including The Financial in The National Tribune, The Financial India. Anstey and her research on cognitive Standard, Money Management and Standard, and by Radio 2SM. McDonald’s ageing as well as on older driver risk Reverse Mortgage Daily. research on life expectancy was also assessment and safety, was featured in The CI Philip Clarke and his research on health featured in HCF’s member magazine and New York Times, The Saturday Paper, The economic inequality was featured in The website. Sydney Morning Herald, The Sun Herald, and Saturday Paper. He was also interviewed on ABC’s Drive, among others. Major national news outlets interviewed CI ABC Radio National’s Health Report about his Warwick McKibbin throughout the year about CI Michael Keane’s work on a new research research on health poverty. public policy and macroeconomic analysis, model that evaluates consumers’ choices CI Robert Cumming was featured in including The Australian Financial Review, was featured by VoxEU, the Centre for The Sydney Morning Herald in relation The Australian, The Sydney Morning Herald, Economic Policy Research’s (CEPR) policy to Sydney’s population trends towards and Sky News. portal. 2030. In addition, his research on falls CIs Warwick McKibbin and Peter McDonald ORGANISATIONS AND prevention was featured in the Community were interviewed and featured by a number THE MATURE WORKFORCE Care Review Magazine. of major media outlets in the lead-up to the CI John Piggott’s research focused on federal election, as well as afterwards for CI Marian Baird and her research on China’s ageing population was featured in post-election analysis. These included organisations and the mature workforce was BusinessThink, Senior AU, 2GB, and several articles in The Australian Financial Review, mentioned in several articles published in regional newspapers including the The Australian, The Sydney Morning Herald, The Sydney Morning Herald, The Australian Townsville Bulletin. He was also featured The Queensland Times, ABC, Nine News, The Financial Review, ABC, as well as regional in The Australian Financial Review, Forbes, Daily Telegraph, and Crikey, among others. newspapers such as The National Tribune and The Morning Bulletin. Nikkei Newspaper, The Financial Times, Nikkei Asian Review and SuperGuide. CI Sharon Parker’s and Research Fellow Daniela Andrei’s research on how employers benefit from the growing mature workforce was featured by several media, including 115 CEPAR
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CI Michael Sherris was featured in several media reports, including by the ABC and Insurance News, discussing the UNSW Business School’s success in the Global Research Rankings of Actuarial Science and Risk Management & Insurance. CEPAR’s retirement income research briefs were featured in a number of pieces published by SuperGuide, Australia’s leading website on super and retirement planning with more than 4.5 million web visits per year. Several CEPAR research findings were cited by The Actuaries Institute in Green and Dialogue Papers, as well as in a pre-Budget submission document to Commonwealth Treasury. SRF Rafal Chomik and AI Ramona Meyricke published an Actuaries Institute Dialogue Paper about the impact of climate change on mortality and retirement incomes in Australia. Several media organisations reported, including the ABC, The Australian Financial Review, Seven News, the Financial Standard, Insurance News, Your Life Choices, and The Adviser.
REGULAR APPEARANCES IN THE MEDIA RAISED THE PROFILE OF THE CENTRE AND ITS RESEARCHERS COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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CEPAR RESEARCHERS CEPAR RESEARCHERS PUBLISHED • This is why Australia’s macroeconomic PUBLISHED FOUR ARTICLES TEN OP-EDS AND COMMENTARIES: policies need a shakeup. Fast. IN THE CONVERSATION: • Is superannuation working for women? Warwick McKibbin • Superannuation: Why we Marian Baird and Susan Thorp The Australian Financial Review stick with the duds The Sydney Morning Herald 1 March 2019 8 June 2019 Susan Thorp 14 January 2019 • The theory that’s too good to be true • Expanding paternity leave in • Budget 2019 boosts aged care and Warwick McKibbin Southeast Asia mental health, and modernises Medicare: The Australian Financial Review Marian Baird health experts respond 12 March 2019 East Asia Forum 14 June 2019 Philip Clarke 2 April 2019 • Investing in care key to boosting • Poor ranking on paternity leave • How English-speaking countries economic growth highlights need for a rethink upended the trade-off between babies Marian Baird Marian Baird and jobs without even trying East Asia Forum 19 March 2019 The Sydney Morning Herald Daniel Dinale and Marian Baird 28 June 2019 • The demand for reverse mortgages 26 June 2019 in China • The mature age workforce, time to care • We’re delaying major life events, Katja Hanewald, Hazel Bateman, Hanming Marian Baird and our retirement income system Fang and Shang Wu RM Magazine (AHRI) August 2019 hasn’t caught up VoxChina 15 May 2019 • Good policy needs good data. Rafal Chomik 25 November 2019 • Who’s looking after the children and So why is it locked up? elderly if more women work? Warwick McKibbin Marian Baird The Australian Financial Review Channel News Asia 18 May 2019 28 October 2019 117 CEPAR
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FOLLOWING THE DATA LINKAGE WORKSHOP, CI WARWICK MCKIBBIN AND WORKSHOP CO-CHAIR ROBERT BREUNIG (TTPI) PUBLISHED AN OP-ED IN THE AUSTRALIAN FINANCIAL REVIEW COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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CEPAR research brief lead author Rafal Chomik presented The fact sheet Legal Protections for Mature FACT SHEETS AND RESEARCH BRIEF some of the key research findings published in Workers outlines the national and state ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH Research briefs and fact sheets integrate the brief to more than 100 representatives from legislation that protects mature workers from research findings to present a synthesis of government, the wider scientific community, discrimination and upholds their right to seek evidence pertaining to a particular area of media and the general public. Major national and flexible work arrangements. It also addresses the knowledge or policy issue. Informed by a special interest media outlets reported on the way workplace health and safety laws can be multidisciplinary knowledge base, the briefs are research insights, including The Sydney Morning uniquely relevant to older Australians. Several written and presented in a format accessible to Herald, The Brisbane Times, The Sun Herald, ABC, media outlets and organisations reported on the academia, business, the media and government. Money Magazine, nestegg, The New Daily, Mortgage fact sheet, including The Australian Financial Fact sheets are designed to provide short Business Magazine, and Senior AU. Review, Senior AU, The National Tribune, Industry informative summaries of key issues relevant to Update Magazine, ABC Radio, Safety Culture, CEPAR also released two fact sheets, in population ageing targeted at a general audience. National Seniors Australia, and COTA as well as January and August. Aged Care Policy, Provision, These are not advocacy documents – instead regional newspapers, such as the Townsville and Prospects takes stock of recent changes they seek to be authoritative in their discussion Bulletin, the Daily Examiner Grafton, and the in aged care policy, industry, and labour force, of relevant research findings and provide a Centralian Advocate Alice Springs. and highlights research seeking to address its knowledge base for decision makers. challenges. Special interest media reported on In 2019, one research brief and two fact sheets the fact sheet, including the Australian Ageing were published. Agenda. The Actuaries Institute released a green paper on retirement incomes, which cites the A brief titled Housing in an ageing Australia: Nest CEPAR fact sheet as well as the 2018 CEPAR and nest egg? was released in November, research briefs on retirement incomes in providing an overview of research that touches Australia. on many different areas of housing-related policy and featuring findings from over 20 CEPAR researchers. The research brief was officially released on the day of the Policy Dialogue on Housing and Ageing, held in Canberra on 18 November. CEPAR Director John Piggott and
RAFAL CHOMIK Rafal Chomik is a Senior Research Fellow at CEPAR, He specialises in social policy design, public and BEcFin UWA, MEc located in the UNSW Business School. He joined private pension analysis, static microsimulation London Metropolitan CEPAR in April 2012. modelling of the tax-benefit system, and poverty SENIOR RESEARCH FELLOW Rafal has worked in public administration and income measurement. and policy analysis for over a decade, initially as a His current work at CEPAR is centred on producing project manager in economic regeneration and policy related briefing papers, summarising existing subsequently as an economist focusing on CEPAR and external research and assisting the social policy. secretariat in producing technical content for He has experience in economic and business conferences and the media. He is also undertaking consulting in the private sector, working as an a research project on the interactions between economic advisor for the British Government and demography and inequality. as a pensions economist at the Organisation for Economic Cooperation and Development in Paris. COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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INDUSTRY REPORT SERIES Major news outlets and special interest ANNUAL REPORT 2019• COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH CEPAR introduced its industry report series media, including The Australian Financial as another means of highlighting the impact Review, The Sydney Morning Herald, WA Today, of the Centre’s innovative research. In 2019, The Money Magazine, Money Management, CEPAR researchers released three industry Business Acumen Magazine, The Financial reports, which resulted in significant media Standard, and nestegg reported on these coverage and stakeholder interest. two industry reports. In August 2019, research undertaken by In December 2019, CEPAR CIs Sharon Parker CEPAR researchers Hazel Bateman, Susan and Marian Baird, and CEPAR researchers Thorp, Isabella Dobrescu, Benjamin Newell Daniela Andrei, Andreea Constantin, Lucinda and George Smyrnis, in collaboration with Iles, Gretchen Petery, Leah Zoszak, Alison industry partner Cbus Super Fund, was Williams and Shannon Chen published an published in an industry report about the industry report highlighting findings from the impact of retirement income projections on Mature Workers in Organisations Survey superannuation contributions, investment (M-WOS). The researchers conducted a choices and member engagement. The large-scale national benchmarking survey of results showed that retirement wealth Australian workers aged 18 to 81, to projections raised member engagement and understand how organisations might better investment choices, suggesting that manage and harness the benefits of an superannuation member disengagement can ageing workforce. Their report shows that be partly improved by clearer communication. many mature workers across Australia feel excluded in today’s workforce, reporting In October 2019, CI Hazel Bateman released limited development opportunities and another industry report about limited access to flexible working superannuation engagement, in arrangements. The new research aims to collaboration with CEPAR Associate identify and develop successful work Investigators Christine Eckert and Susan policies and practices that support the Thorp and researchers based at UNSW attraction, retention and engagement of Sydney, the University of Sydney, University mature workers. The findings from the of Technology Sydney and industry partner industry report were featured by several Colonial First State (CFS). The report showed media outlets, including The Sydney Morning that super fund members who took out Herald, ABC, 2SM radio and Workplace Express. mortgages increased their interactions with their financial service providers, providing valuable insights for policymakers and super funds. COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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CEPAR relationship between education and dementia The Australian Financial Review, Government PUBLIC TALKS and discussed what impact this could have on News, and The Daily Telegraph. Peter McDonald ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH Public lectures and forums are designed to the health of the older population in the future. discussed population policy with fellow panellists, the Minister for Cities, Urban communicate key messages to the wider GWEN FISHER PUBLIC LECTURE Infrastructure and Population, The Hon Alan community and enhance community Addressing groups at CEPAR’s UNSW Sydney Tudge MP, demographer Dr Shane Geha and understanding of critical issues. Several CEPAR and Curtin University nodes in August 2019, economist Brian Haratsis. researchers presented public talks and were international visitor and CEPAR Associate invited to participate as panel members in Investigator Gwen Fisher, who is an A/Professor GLOBAL ROADMAP FOR HEALTHY LONGEVITY discussion forums. Highlights are provided below. of Industrial/Organisational Psychology at the For the launch of the US National Academy of FIONA MATTHEWS PUBLIC LECTURE Colorado State University, USA, discussed ageing Medicine’s International Commission on Creating a In February 2019, CEPAR international visitor and cognitive functioning and its implications Global Roadmap for Healthy Longevity, CEPAR Fiona Matthews, Professor of Epidemiology at for organisations and an ageing workforce. Director John Piggott was invited to join a panel Newcastle University, UK, delivered a public Additionally, her talk provided background on work discussion with experts Elena Glinskaya (World lecture at CEPAR’s UNSW Sydney node about the and retirement trends and discussed practical and Bank), Liat Ayalon (Bar-Ilan University) and Laia impact on dementia in the population from policy implications for the labour force at societal, Becares (Sussex University), held in Washington changes in education. She told over 60 attendees organisational and individual levels. DC, in November. Moderated by Paul Irving (Milken Institute Center for the Future of Aging), the that educational policies in the UK have been to URBAN TASKFORCE AUSTRALIA panellists discussed social, behavioural and extend the amount of time that is spent in formal CI Peter McDonald was invited by the Urban environmental enablers for healthy longevity. education, and that over the past two decades Taskforce Australia to participate in a panel on population based studies have shown a decrease population growth in Australian cities at an A full list of public talks is provided on page 128. in the prevalence and incidence of dementia. industry lunch in April. Over 100 of Australia’s top Using data from these studies conducted since property developers attended this event, which the early 1990s, the talk investigated the was featured in several news outlets including
L-R: PAUL IRVING, ELENA GLINSKAYA, JOHN PIGGOTT, LIAT AYALON, AND LAIA BECARES IN DISCUSSION ABOUT A GLOBAL ROADMAP FOR HEALTHY LONGEVITY (CREDIT: ERWIN TAN @DOCTORTANMD TWITTER) 121 CEPAR OUTREACH Girls do the Maths Day ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH In September, three CEPAR researchers, Inka Eberhardt and Drs Mengyi Xu and Héloïse Labit Hardy, participated in the Girls Do the Maths Day, which is hosted annually by the UNSW School of Mathematics and Statistics for female students finishing their high school studies. This year the event drew over 120 high school students from 15 schools across New South Wales. Through interactive and poster displays, the CEPAR researchers discussed and showcased their population ageing research. By talking about their career paths and the use of mathematics and statistics within their research work in actuarial studies and economics, they highlighted career opportunities for mathematics students. Journalists visit CEPAR headquarters In May 2019, the Walkley Foundation for Journalism and journalists from Korea visited the CEPAR headquarters to learn about and report on CEPAR RESEARCHERS INKA EBERHARDT, MENGYI XU AND HÉLOÏSE LABIT HARDY SHOWCASED THEIR policies and trends for ageing and retired POPULATION AGEING RESEARCH TO HIGH SCHOOL STUDENTS Australians. Delegates included media representatives from The Hankyoreh, The Kyungnam Shinmun, Joongang Ilbo and Aju Business, as well as representatives from the Australia-Korea Foundation (DFAT), and the Korea Press Foundation. Centre Director John Piggott briefed them on data and trends in Australia’s ageing population, including Australia’s retirement income system, and how policy is serving older Australians and future challenges.
REPRESENTATIVES FROM THE WALKLEY FOUNDATION FOR JOURNALISM AND KOREAN MEDIA VISITED CENTRE DIRECTOR JOHN PIGGOTT COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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CEPAR ‘MIND diet’ may reduce dementia risk: Study Hordes of women, like Bill Shorten’s mum, PRINT (NEWSPAPERS AND MAGAZINES) Outlook India 8 March 2019 – featuring Kaarin Anstey had to delay a dream The Sydney Morning Herald 8 May 2019 ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH Is there such a thing as a ‘right’ amount ScoMo’s song just a repeat of Liberal battle hymns past – featuring Marian Baird of maternity leave to take? The West Australian 11 January 2019 The Sydney Morning Herald 10 March 2019 Federal election 2019, campaign Day 29: – featuring Peter McDonald – featuring Marian Baird Shorten forced to clarify immigration policy The grey boom changing the face of The Australian 9 May 2019 – featuring Warwick McKibbin Could the brain-boosting MIND diet Australia’s young capital reduce the risk of dementia? Parent visa ‘could see 200,000 applications’ The Canberra Times 12 January 2019 Malay Mail 11 March 2019 – featuring Kaarin Anstey The Australian 10 May 2019 – featuring Peter McDonald – featuring Peter McDonald ‘MIND diet’ may reduce dementia risk Dodging the parent trap Sucky superannuation: Why we stick with the duds Hindustan Times 11 March 2019 – featuring Kaarin Anstey The Australian 15 May 2019 – featuring Peter McDonald The West Australian 14 January 2019 – featuring Susan Thorp Brain-boosting MIND diet appears to reduce Disengagement costing super members a fortune – the risk of dementia featuring CEPAR research The elderly and driving: When is it time to hit the brakes? Free Malaysia Today 11 March 2019 – featuring Kaarin Anstey The Australian Financial Review 16 May 2019 The New York Times 18 January 2019 – featuring Kaarin Anstey The theory that’s too good to be true Why immigration has disappeared The Australian Financial Review 12 March 2019 from the election campaign Expert comment on hypertension and dementia – by Warwick McKibbin The Australian Financial Review 16 May 2019 Australian Aged Care Insite Magazine 19 January 2019 – featuring Peter McDonald – featuring Ruth Peters PM’s own expert slams plan to cut migrant numbers The New Daily 19 March 2019– featuring Peter McDonald Expert comment on air pollution and dementia Call to better support older women to remain at home Australian Aged Care Insite Magazine 19 May 2019 Australian Ageing Agenda 25 January 2019 So, hey, is Australia an example to follow for mandating – featuring Ruth Peters –featuring Mijanur Rahman employer retirement benefits? Forbes 20 March 2019 I’m young, why should I care about superannuation? Migrants key to labour force as home-grown workers dwindle – featuring John Piggott and Hazel Bateman The National Tribune 22 May 2019 – featuring John Piggott The Australian 30 January 2019 – featuring Peter McDonald Migration cuts won’t harm economy: PM assures business A sophisticated nation at foot of Asia Fact sheet outlines aged care policy and prospects The Australian Financial Review 20 March 2019 shouldn’t rely on cheap money Australian Ageing Agenda 30 January 2019 – featuring Peter McDonald The Australian Financial Review 5 June 2019 – featuring CEPAR research – featuring Warwick McKibbin Scott Morrison to push forward plan to tackle congestion The fall guys The New Daily 20 March 2019 – featuring Peter McDonald Possible ‘link’ between menopause and Alzheimer’s Community Care Review Summer 2018/19 is scaring women, including me – featuring Robert Cumming The looming tradie crisis: Fears slashing immigration The Sydney Morning Herald and Stuff NZ 7 June 2019 could leave thousands of construction workers struggling How long can we live well? – featuring Kaarin Anstey to find jobs HCF magazine 1 February 2019 Daily Mail 22 March 2019 – featuring Peter McDonald This is why Australia’s macroeconomic policies – featuring Peter McDonald need a shakeup. Fast. Religious belief linked to carer roles Study debunks ‘one size fits all’ approach to home care The Australian Financial Review 8 June 2019 Community Care Review 3 April 2019 Community Care Review 11 February 2019 – by Warwick McKibbin – featuring Kaarin Anstey – featuring Mijanur Rahman University to probe reverse mortgages Shorten admits superannuation mistake $1 million in funding for dementia research Financial Standard 11 June 2019 Merimbula News 17 April 2019 – featuring Warwick McKibbin Australian Ageing Agenda 19 February 2019 – featuring Hazel Bateman and Katja Hanewald – featuring Kim Kiely Interview with Warwick McKibbin UNSW Business School to examine reverse mortgages The Weekend Australian 20 April 2019 Key changes urged to Age Pension means test Money Management 11 June 2019 Money Management 26 February 2019 Congestion ‘a spurious argument’ for curbing migrant intake – featuring Hazel Bateman and Katja Hanewald – featuring CEPAR research The Australian Financial Review 23 April 2019 ‘We should have kept higher immigration quota’ – featuring Peter McDonald Is superannuation working for women? The Australian Financial Review 12 June 2019 The Sydney Morning Herald 1 March 2019 Planning expert says Sydney needs 10 million – featuring Peter McDonald – by Marian Baird and Susan Thorp people to compete on world stage You, me, car park now: Government ready to stimulate The Daily Telegraph 24 April 2019 – featuring Peter McDonald The new, true costs of ageing prisoners The Australian Financial Review 12 June 2019 Brisbane Seniors 4 March 2019 – featuring Natasha Ginnivan Increasing super to 12 per cent will deliver $20 billion hit to – featuring Peter McDonald wages: Grattan Institute Diet and dementia Cracks appear in infrastructure boom Brisbane Times 2 May 2019 – featuring Warwick McKibbin Neo Cosmos Magazine March 2019 – featuring Kaarin Anstey The Australian Financial Review 14 June 2019 Bob Hawke and Paul Keating reunite for the first time – featuring Peter McDonald Weight loss – drink wine, shed pounds AND cut risk of in 28 years to endorse Labor’s economic plan dementia with the MIND diet The Sydney Morning Herald 7 May 2019 The Sun 8 March 2019 – featuring Kaarin Anstey – featuring Warwick McKibbin - 123 CEPAR Old and inside Retirement income projections ‘good motivator’ Review on retirement income reined in Australasian Science Magazine 21 June 2019 for super engagement The Australian Financial Review 24 September 2019 – featuring Natasha Ginnivan The Sydney Morning Herald 20 August 2019 – featuring John Piggott ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH – featuring Hazel Bateman Poor ranking on paternity leave highlights need for a rethink Climate change will make us poorer in retirement: Report The Sydney Morning Herald 28 June 2019 Paid parental leave for dads a key to narrowing The Australian Financial Review 25 September 2019 – by Marian Baird gender pay gap – featuring Rafal Chomik and Ramona Meyricke The Sydney Morning Herald 22 August 2019 Dementia and the ageing brain Climate change to damage returns: Report – featuring Marian Baird The Saturday Paper 13 July 2019 – featuring Kaarin Anstey Financial Standard 26 September 2019 Ageing population happening much faster in China – featuring Rafal Chomik and Ramona Meyricke More sponsors cut a break on 401(k) loan repayment Townsville Bulletin, Ipswich Advertiser, Daily Mercury, Pensions & Investments 22 July 2019 Super review strikes at the heart of political divide Gladstone Observer 23- 25 August 2019 – featuring Olivia S. Mitchell The Australian Financial Review 30 September 2019 – featuring John Piggott – featuring John Piggott The mature age workforce, time to care Dementia data still a best-guess scenario HRM Magazine (AHRI) August 2019 – by Marian Baird Business welcomes probe into retirement incomes Sun Herald 25 August 2019 – featuring Kaarin Anstey The Australian 1 October 2019 – featuring Warwick McKibbin Newstart doesn’t work for over-55s Age issue sped up in China The Australian Financial Review 1 August 2019 InFocus: Addressing diminishing capacity Maroochy Weekly 29 August 2019 – featuring John Piggott – featuring Marian Baird and CEPAR fact sheet Money Management 3 October 2019 Study helps employers benefit – featuring Kaarin Anstey ‘Dementia: How big is the ageing tsunami? from growing mature workforce It’s a best guess scenario’ Make friends with your fund: Senior AU 4 September 2019 – featuring Sharon Parker The Sydney Morning Herald 5 August 2019 Money launches SuperBooster project – featuring Kaarin Anstey Air pollution could be behind the 20% year-on-year Money Magazine 3 October 2019 rise in dementia cases, scientists warn – featuring CEPAR industry report Association created for global study of pensions The Daily Mail 4 September 2019 – featuring Ruth Peters Pensions & Investments 5 August 2019 Are unconventional monetary policies – featuring Olivia S. Mitchell and Hazel Bateman MIND over Mediterranean the right option for Australia? The Village Observer 10 September 2019 The Sydney Morning Herald 11 October 2019 Fact sheet on legal protections for mature workers – featuring Kaarin Anstey – featuring Warwick McKibbin Industry Update Magazine 6 August 2019 – featuring Marian Baird Greek Australians living with dementia have specific needs Older Australians forced to postpone retirement Neo Kosmos 11 September 2019 – featuring Kaarin Anstey Money Magazine 23 October 2019 – featuring Sharon Parker Economic ‘uncertainty is rising sharply’ Sky News and The Gold Coast Bulletin 10 August 2019 Prestige funding awards have real world applications Good policy needs good data. So why is it locked up? – featuring Warwick McKibbin The Australian 13 September 2019 – featuring Kaarin Anstey The Australian Financial Review 28 October 2019 – by Warwick McKibbin The nightmare that’s been waiting to hit Australian women The Sydney suburbs going grey The Sydney Morning Herald 13 August 2019 The Sun Herald 15 September 2019 – featuring Rafal Chomik Planning early will stop young Aussies – featuring Marian Baird going grey over retiremen Where Sydney’s suburbs are greying Money Magazine 1 November 2019 Time to end age discrimination The Sydney Morning Herald, Brisbane Times – featuring Hazel Bateman Centralian Advocate Alice Springs 13 August 2019 15 September 2019 – featuring Rafal Chomik – featuring CEPAR fact sheet The fatal cost of Australia’s rising inequality Good news for older workers The Saturday Paper 2 November 2019 Global threat is our chance to improve within Townsville Bulletin 16 September 2019 – featuring Philip Clarke The Australian Financial Review 16 August 2019 – featuring Marian Baird – featuring Warwick McKibbin CEPAR research shows taking a mortgage Fevers, rashes and three months of illness: triggers superannuation link-up Workers save more after eyeing future the health risks facing a growing Sydney Business Acumen Magazine 3 November 2019 The Australian Financial Review 16 August 2019 The Sydney Morning Herald 17 September 2019 – featuring Hazel Bateman – featuring CEPAR research – featuring Robert Cumming Soccer and brain risks How retirement wealth projections impact Air pollution linked to higher dementia risks The Sydney Morning Herald 3 November 2019 the behaviour of super fund members Community Care Review Magazine 18 September 2019 – featuring Kaarin Anstey Business Acumen Magazine 16 August 2019 – featuring Ruth Peters – featuring CEPAR research Home loans shape Aussies’ super contributions Good news for older workers Your Mortgage 4 November 2019 Super members salary sacrifice more Daily Examiner Grafton, Morning Bulletin – featuring CEPAR research with retirement estimates 18-19 September 2019 – featuring Marian Baird Money Management 19 August 2019 New resource supports better dementia care Review on retirement cut back – featuring CEPAR research Australian Ageing Agenda 8 November 2019 The Australian Financial Review 23 September 2019 – featuring Kaarin Anstey Wealth projection boosts super fund engagement – featuring John Piggott The Financial Standard 19 August 2019 – featuring CEPAR research COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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CEPAR Superannuation and new mortgages link Interview ahead of Science Week Event, St George & Sutherland Shire Leader, Launceston Examiner, RADIO AND TELEVISION How people can live longer Murray Valley, Milton Ulladulla Times, Wimmera Mail Times, Eastside Radio August 2019 – featuring Kaarin Anstey ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH Horsham 13-29 November 2019 – featuring Hazel Bateman Interview with Susan Thorp about superannuation funds Interview with Daniela Andrei ABC Radio Central West NSW 14 January 2019 Would you take a money-back guarantee from a 401(k)? 2SM Radio 3 September 2019 (The answer should be no) Ageing populations, a huge challenge for policymakers New age ideas to tackle an ageing workforce Market Watch 14 November 2019 – featuring Olivia S. Mitchell Radio New Zealand 7 February 2019 6PR 882 News talk 3 September 2019 – featuring John Piggott Nikkei SAAS conference – featuring Daniela Andrei Nikkei newspaper; The Financial Times; Nikkei Asian Review MIND diet reduces the risk of dementia Interview with Daniela Andrei 14 November, 5 & 9 December 2019 ABC News, Weekend Breakfast 9 March 2019 Curtin FM 9 September 2019 – featuring John Piggott – featuring Kaarin Anstey Air pollution and dementia interview Migration a lifeline for drought-stricken Dubbo The Mediterranean diet, plus brain-healthy tweaks, ABC Radio, 2SM Radio, BBC World 12 September 2019 The Canberra Times 16 November 2019 may protect against dementia – featuring Ruth Peters – featuring Peter McDonald 9Honey 11 March 2019 – featuring Kaarin Anstey New GP guidelines have been released as it could help Is it ever too late to enter the property market? Will your super be enough for retirement? Part 1 reduce the occurrence dementia Money Magazine 18 November 2019 ABC 7.30 Report 8 April 2019 – featuring Susan Thorp 2SM Radio 26 September 2019 – featuring Kaarin Anstey – featuring Rafal Chomik, John Piggott Is your super in safe hands? Part 2 Guidelines for GPs on dementia risk reduction Employer secrecy around staff pay is fuelling ABC 7.30 Report 9 April 2019 – featuring Susan Thorp 2GB Radio 26 September 2019 – featuring Kaarin Anstey gender pay gap, says expert Is self-managing your super the retirement The Guardian 19 November 2019 – featuring Marian Baird Climate change threatens elderly: Report of the future? Part 3 7News 26 September 2019 This age-old question gets up voters’ noses ABC 7.30 Report 10 April 2019 – featuring Susan Thorp – featuring Rafal Chomik and Ramona Meyricke unless there’s an answer Is it possible to balance career and family? The Sydney Morning Herald 22 November 2019 Dementia prevention research ABC Radio On Drive 21 May 2019 – featuring Marian Baird – featuring Jeromey Temple The Daily Edition Channel 7 30 September 2019 James Valentine interview with Kaarin Anstey – featuring Ruth Peters Delay risks retirement ABC Radio and ABC Newcastle 12 June 2019 Launceston Examiner, Burnie Advocate, Border Mail, IMF downgrades Australia’s economic growth Albury-Wodonga 28 -30 November 2019 How family friendly are Australian workplace policies? 2GB Radio 16 October 2019 – featuring Warwick McKibbin – featuring Rafal Chomik ABC 19 June 2019 – featuring Marian Baird Survey reveals working parents neglect mental, Buying a house is not the only major milestone Professor John Piggott on Australia’s population physical health Australians are delaying Money News with Ross Greenwood 20 June 2019 ABC radio 29 October 2019 – featuring Marian Baird The Sydney Morning Herald, The Brisbane Times 30 November 2019 – featuring Rafal Chomik Ross Greenwood interview with John Piggott Money News Ross Greenwood interview 2GB Radio, and broadcasted to 1071 AM (Kingaroy), with Professor John Piggott Putting off the Australian dream 2BS (Bathurst), 2CC (Canberra), 2NM (Muswellbrook), 2GB Radio 19 November 2019 Sun Herald 1 December 2019 – featuring Rafal Chomik 2QN (Deniliquin), 3AW (Melbourne), 4BC (Brisbane), Greenwood says Treasurer Josh Frydenberg 4VL (Charleville), 4ZR (Roma), Zinc 666 (Mt Isa) 20 June 2019 The time of our lives is set to deliver a speech to the community Sunday Age 1 December 2019 – featuring Rafal Chomik Professor Warwick McKibbin speaks to Elysse 2GB Radio 19 November 2019 – featuring John Piggott ABC TV 2 July 2019 MLC boss says super intra-fund advice model Breakfast, Sandy Presland, Interview with Rafal Chomik in need of overhaul Interview with Peter McDonald ABC News 19 November 2019 The Australian Financial Review 4 December 2019 2SM Radio 4 July 2019 – featuring CEPAR Colloquium Designing a health poverty line Interview with Michael Sherris ABC News Radio 9 December 2019 – featuring Philip Clarke Delaying risks retirement ABC Radio 5 July 2019 Manning Great Lakes Extra 4 December 2019 Work age discrimination study finds – featuring Rafal Chomik Is Australia’s population growth mostly the result of surprise gender differences migration, and is that underpinning the budget? ABC radio The World Today 12 December 2019 Mia knew ‘something had to give’ on work-life balance, ABC News 1 August 2019 – featuring Peter McDonald – featuring Marian Baird she’s not alone The Sydney Morning Herald 15 December 2019 Behind the Markets Podcast: Professor Hanming Fang – featuring Marian Baird Wharton Business Radio 2 August 2019 It’s a generational shift’: Top tier firms Interview with Marian Baird offering dads more time off on full pay ABC Radio 13 August 2019 The Sydney Morning Herald 29 December 2019 How people can live longer – featuring Marian Baird ABC Radio 27 August 2019 – featuring Kaarin Anstey 125
Being financially literate can help you save more, University to probe reverse mortgages CEPAR ONLINE retire better Your Life Choices, Mortgage Business 12 June 2019 TODAYonline 6 April 2019 – featuring Oliva S Mitchell – featuring Hazel Bateman and Katja Hanewald ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH Superannuation: Why we stick with the duds ‘Old and inside’: How prisons are coping UNSW Business School to examine reverse mortgages The Conversation 14 January 2019 – by Susan Thorp with an ageing inmate population AdviserVoice 12 June 2019 Migration cut looms as obstacle for Government’s HelloCare 15 April 2019 – featuring Natasha Ginnivan – featuring Hazel Bateman and Katja Hanewald pledge to create 680 jobs per day Megacities the new ‘global economic engines’ Expanding paternity leave in Southeast Asia ABC News 29 January 2019 – featuring Peter McDonald Government News 23 April 2019 – featuring Peter McDonald East Asia Forum 14 June 2019 – by Marian Baird Younger migrants key to Morrison’s pre-election Can annuities help grow your retirement nest egg? What should the government’s super and job pledge, expert says Knowledge@Wharton 2 May 2019 retirement planning priorities be? SBS News 30 January 2019 – featuring Peter McDonald – featuring Olivia S. Mitchell Cuffelinks 14 June 2019 Life expectancy: How long can you live? – featuring John Piggott and Rafal Chomik UNSW Business School ranked 1st in the world Health Agenda online 1 February 2019 for Risk and Actuarial studies Australian university to study slow – featuring Peter McDonald UNSW Newsroom, Insurance News, reverse mortgage adoption Gender inequality in retirement income Mid Daily News 10 May 2019 – featuring Michael Sherris Reverse Mortgage Daily 18 June 2019 SuperGuide 15 February 2019 – featuring CEPAR research – featuring Hazel Bateman and Katja Hanewald The demand for reverse mortgages in China Why financial literacy is vital for a good retirement VoxChina 15 May 2019 – by Katja Hanewald, Hazel Bateman, Aging populations threaten G20 fiscal SuperGuide 15 February 2019 – featuring CEPAR research Hanming Fang and Shang Wu sustainability, says taskforce BusinessThink, Senior Australian news and research, Age Pension: Is it alleviating poverty? Commentary: Who’s looking after the children Mirage News 24–28 June, 15 July 2019 SuperGuide 16 February 2019 – featuring CEPAR research and elderly if more women work? – featuring John Piggott Channel News Asia 18 May 2019 – by Marian Baird The financial and health benefits of working into retirement How English–speaking countries upended the trade–off SuperGuide 16 February 2019 – featuring CEPAR research Podcast: The Auspolicy issue – what the country voted for between babies and jobs without even trying APPS Policy Forum 24 May 2019 – featuring Warwick McKibbin Retirement income in Australia: An overview The Conversation 26 June 2019 SuperGuide 18 February 2019 – featuring CEPAR research The cost of complexity in the Medicare Part D market – by Daniel Dinale and Marian Baird VOX CEPR Policy Portal 26 May 2019 The older Australians who are doing it tough National immigration cut could see Adelaide’s – featuring Michael Keane Your Life Choices 21 February 2019 skill workers desert the city – featuring CEPAR research 16 Powerhouse Female Economists news.com.au 27 June 2019 – featuring Peter McDonald Worth Magazine 30 May 2019 – featuring Olivia S. Mitchell Study suggests MIND diet reduces the risk of dementia Buckle up: The economy is weak and heading down MDLinx 7 March 2019 – featuring Kaarin Anstey Thousands of Philadelphia–area Acme workers, – here’s what will happen next retirees at risk of losing their pension The AlterNet 30 June 2019 – featuring Warwick McKibbin Healthy diets may protect against dementia The Philadelphia Inquirer 31 May 2019 News Medical 8 March 2019 – featuring Kaarin Anstey Buckle up. 2019–20 survey finds the economy weak and – featuring Olivia S. Mitchell heading down, and that’s ahead of surprises ‘Brain Health’ diet linked to reduced risk World 100 most influential gender equality list The Conversation 1 July 2019 – featuring Warwick McKibbin for dementia and other disorders features Marian Baird, Libby Lyons & Julia Gillard Devdiscourse News Desk 8 March 2019 Aging populations threaten G20 Women’s Agenda 31 May 2019 – featuring Marian Baird – featuring Kaarin Anstey fiscal sustainability, says taskforce Leading academic on list of world’s top Parsseh.com 1 July 2019 – featuring John Piggott MIND diet protects against cognitive impairment gender policy influencer and dementia New International Pension Research Association announced The University of Sydney 31 May 2019 Vaaju 11 March 2019 – featuring Kaarin Anstey The National Tribune, Austaxpolicy 2 July 2019 – featuring – featuring Marian Baird John Piggott and Hazel Bateman Ageing prisoners are challenging the system inside and out Worth Magazine cites Wharton’s Olivia Mitchell’s Work Seniors News 14 March 2019 – featuring Natasha Ginnivan How financial literacy courses are helping Reading residents – Penn LDI 6 June 2019 The Reading Eagle 2 July 2019 – featuring Olivia S. Mitchell Ageism rife in Australian health systems What should the federal government’s super National Seniors 14 March 2019 – featuring Neil Jeyasingam In Australia fertility is falling significantly and retirement planning priorities be? for low educated women SuperGuide 11 June 2019 The theory that’s too good to be true The National Tribune 4 July 2019 – featuring Peter McDonald APPS Policy Forum 15 March 2019 – by Warwick McKibbin – featuring John Piggott and Rafal Chomik Upskilling a key to workplace longevity for older workers Why is the demand for reverse mortgages low? Investing in care key to boosting economic growth Senior News 4 July 2019 – featuring Gigi Petery East Asia Forum 19 March 2019 – by Marian Baird UNSW BusinessThink 11 June 2019 – featuring Hazel Bateman and Katja Hanewald How China’s ageing population will impact on the rest of us Budget 2019 boosts aged care and mental health, BusinessThink 8 July 2019 – featuring John Piggott and modernises Medicare: Health experts respond Why are Australians rejecting popular loan options? The Conversation 2 April 2019 – by Philip Clarke nestegg 11 June 2019 Interview with Peter McDonald – featuring Hazel Bateman and Katja Hanewald The Financial Standard 10 July 2019 COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH
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CEPAR Budget relying on overestimated population Age and Work Climate change and ageing population growth figures, leading expert says COTA Queensland 28 August 2019 creating ‘a perfect storm’ ABC 12 July 2019 – featuring Peter McDonald – featuring CEPAR fact sheet Your Life Choices 27 September 2019 – featuring Rafal ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH Chomik and Ramona Meyricke Dementia research receives $21 million in Federal funding Discrimination, flexibility and safety laws for older workers Aged Care Guide 22 July 2019 – featuring Kaarin Anstey Industry Update 29 August 2019 More Australians to die from climate change; lower – featuring CEPAR fact sheet investment returns, and lower retirement savings likely How China’s ageing population will impact on the rest of us The Adviser Voice 27 September 2019 Perspectives at Singapore Management University Super funds should develop advice models: Rice Warner – featuring Rafal Chomik 31 July 2019 – featuring John Piggott Investor Daily 29 August 2019 – featuring CEPAR GPs better equipped to reduce dementia risks APRA awards finance research scholarships Funds fail on advice outcomes Retail Pharmacy Magazine 29 September 2019 Investor Daily 1 August 2019 – featuring Luke Zhou Super Review 30 August 2019 – featuring CEPAR – featuring Kaarin Anstey Is Australia’s population growth mostly driven by migration? New insights: Dementia, risk, risk reduction, New GP guidelines could reduce Aus dementia rates Crikey 1 August 2019 – featuring Peter McDonald and translation into practice Hospital Health Magazine 1 October 2019 MedicalXpress 3 September 2019 – featuring Kaarin Anstey Legal protections for mature workersSenior AU, – featuring Kaarin Anstey The National Tribune 1 August 2019 The key steps everyone should take 5 questions productive employees ask – featuring Marian Baird and CEPAR fact sheet to find real joy in retirement In the Black Mag 1 October 2019 – featuring Sharon Parker startsat60.com 6 September 2019 Have employers over the age of 55? You need to read this – featuring CEPAR research FINRA Foundation awards 2019 Ketchum Prize Ragtrader 1 August 2019 to Dr Olivia S. Mitchell – featuring Marian Baird and CEPAR fact sheet Helping employers to benefit from Mondovisione 3 October 2019 – featuring Olivia S. Mitchell a growing mature workforce CEPAR researchers appointed to international commission Senior AU 9 September 2019 Many minds better than one: meet the dementia scientist The National Tribune 1 August 2019 – featuring John Piggott – featuring Sharon Parker and Daniela Andrei collaborating for cognitive ageing breakthroughs and John Beard UNSW newsroom 15 October 2019 – featuring Kaarin Anstey ARC Laureate Fellows announced Creating a global roadmap for healthy longevity Campus Morning Mail 13 September 2019 New GP guidelines could significantly Senior AU 2 August 2019 – featuring Kaarin Anstey reduce dementia rates in Australia – featuring John Piggott and John Beard UNSW newsroom 17 October 2019 – featuring Kaarin Anstey Do chess players live longer? How poor design of job leads to boredom Chessbase News 14 September 2019 Labor and the Coalition are arguing about asylum seekers and lack of engagement – featuring Philip Clarke coming by plane. Here are the facts The Globe and Mail 3 August 2019 ABC 19 October 2019 – featuring Peter McDonald – featuring Sharon Parker and Daniela Andrei Investing in ground–breaking researchers Get STEM 16 September 2019 – featuring Kaarin Anstey Young dads get why work/care policies matter, Podcast interview with Marian Baird – Women with Clout but not ahead of time 7 August 2019 Seven major trends affecting Australians in retirement Women’s Agenda 29 October 2019 – featuring Marian Baird Fitzpatricks Private Wealth 25 September 2019 Legal protections for mature workers: Know your rights – featuring CEPAR research Kids, not gender, the biggest influence National Seniors Australia 8 August 2019 – featuring CEPAR on work/care policy attitudes fact sheet New guidelines to help GPs spruik dementia prevention phys.org 29 October 2019 – featuring Marian Baird Aged Care Insite 26 September 2019 Fact sheet on legal protection for mature workers released – featuring Kaarin Anstey Impact of a mortgage improves engagement with super Safety Culture 15 August 2019 – featuring Marian Baird nestegg 30 October 2019 – featuring Hazel Bateman Dementia prevention guidelines to reduce dementia rates How retirement wealth projections impact Senior AU 26 September 2019 – featuring Kaarin Anstey Taking out a mortgage triggers engagement the behaviour of super fund members with superannuation First 5000 16 August 2019 – featuring CEPAR research Climate change could slash retirement income The National Tribune 30 October 2019 by tens of thousands of dollars The impact of projections on superannuation contributions, – featuring Hazel Bateman Startsat60.com 26 September 2019 investment choices and engagement – featuring Rafal Chomik and Ramona Meyricke Struggling to balance work and family? APO 16 August 2019 – featuring CEPAR research You’re not alone say Sydney researchers Dementia on track to become leading cause of death Why our trains and roads are likely to remain congested, The Sector 30 October 2019 – featuring Marian Baird Australian Ageing Agenda 26 September 2019 despite immigration freeze – featuring Kaarin Anstey Impact of a mortgage improves engagement with super ABC Fact Check 16 August 2019 – featuring Peter McDonald SMSF Adviser 30 October 2019 – featuring Hazel Bateman This is how much climate change Meet Margaret the Super Ager, whose brain is defying will cost your retirement savings Engagement of loan applicants show differing intentions the ageing process The New Daily 26 September 2019 nestegg 31 October 2019 – featuring CEPAR research ABC News 22 August 2019 – featuring Kaarin Anstey – featuring Rafal Chomik and Ramona Meyricke Member advice gets ‘appy’ Legal protections for mature workers Climate change: deadly heatwaves set to soar Super Review 1 November 2019 – featuring CEPAR The Drop, Seniors News 27 August 2019; 9 September 2019 Insurance News 26 September 2019 – featuring Marian Baird Home ownership changes with the generational shift – featuring Rafal Chomik and Ramona Meyricke Real Estate Business 18 November 2019 – featuring Rafal Chomik, John Piggott 127
Australians not buying houses until much later in life CEPAR Savings 18 November 2019 – featuring Rafal Chomik, John Piggott ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH Housing inequality could ignite the death tax debate nestegg, Accounts Daily 18–20 November 2019 – featuring Rafal Chomik, John Piggott Delaying home purchase can have consequences Mortgage Business; Smart Property Investment 19–20 November 2019 – featuring Rafal Chomik Are Aussies delaying their home purchases? Your Mortgage 19 November 2019 – featuring Rafal Chomik, John Piggott Men in Australia still earning $25k a year more than women, 50 years after equal pay ruling SBS News 19 November 2019 – featuring Marian Baird How important is home ownership? FN Arena 19 November 2019 – featuring CEPAR research Report reveals the retirees facing the greatest disadvantage Your Life Choices 19 November 2019 – featuring Rafal Chomik Ageing population a time bomb, only if policy makers don’t anticipate it UNSW Newsroom, Senior AU 20–29 November 2019 – featuring John Piggott Declining home ownership amongst L -R: CEPAR RESEARCHERS RAFAL CHOMIK AND RAMONA MEYRICKE WERE INTERVIEWED BY VANESSA BEENDERS Australia’s older population FOR AN EPISODE OF THE ACTUARIES INSTITUTE PODCAST SERIES TO DISCUSS THEIR PAPER ‘THE IMPACT OF CLIMATE CHANGE Architecture & Design 20 November 2019 ON MORTALITY AND RETIREMENT INCOMES IN AUSTRALIA’ – featuring Rafal Chomik, John Piggott Appetite for property approaching record high Older Australians have the highest rate How a woman’s ‘glam’ appearance affects her career Your Investment Property Mag 21 November 2019 of rental poverty in the OECD ABC Life 12 December 2019 – featuring Marian Baird – featuring Rafal Chomik The New Daily 27 November 2019 – featuring Rafal Chomik New report highlights challenges for Retirement income is safe as houses – for some Elderly homeless numbers on the rise mature workers in Australia InDaily 25 November 2019 – featuring Rafal Chomik Savings 28 November 2019 – featuring Rafal Chomik Curtin Newsroom 12 December 2019 – featuring Marian Baird and Sharon Parker We’re delaying major life events, and our retirement Rental crisis: Vital action needed to house retirees income system hasn’t caught up Startsat60.com 30 November 2019 – featuring Rafal Chomik Mature workers are struggling to find work in Australia The Conversation 25 November 2019, republished at Aged Care Guide 12 December 2019 Home ownership being delayed longer UNSW Newsroom, New Investor, SeniorAU, AlterNet – featuring Marian Baird and Sharon Parker as population ages: CEPAR report – by Rafal Chomik Property Observer 30 November 2019 The key problems reported by older workers We’re delaying major life events, and our retirement – featuring Rafal Chomik Your Life Choices 17 December 2019 income system hasn’t caught up – featuring Marian Baird and Sharon Parker We’re delaying major life events, and our retirement income Property Observer 26 November 2019 – by Rafal Chomik system hasn’t caught up Employers must do better to accommodate older workers Delay risks retirement Super Guide 1 December 2019 – featuring Rafal Chomik Hello Care Mail 17 December 2019 St George & Sutherland Shire Leader 27 November 2019 – featuring CEPAR research New guidelines could significantly reduce dementia rates – featuring Rafal Chomik AMA Victoria’s website 4 December 2019 – featuring Kaarin Anstey END USER LINKS
128 CEPAR 14 McDonald, P. (November 2019). Economic effects of 7 Baird, M. (November 2019). Housing Transitions. CEPAR PRESENTATIONS/BRIEFINGS immigration. Australian Davos Connection, Brisbane, Policy Dialogue on Housing and Ageing. Canberra, Australia Australia. ANNUAL REPORT 2019 • COMMUNICATIONS, EDUCATION & COMMUNITY OUTREACH PUBLIC 15 McDonald, P. (September 2019). Australian population 8 Bateman, H. (April 2019). Member Engagement: How do 1 Andrei, D. (September 2019). Panel discussion. Change policy. Athenaeum Club, Melbourne, Australia. we meet the Challenge of Member Engagement with At Work: Designing Diversity and Inclusion Differently Superannuation? What Role do Defaults Play? CEPAR to Achieve Organisational Change. Curtin & Diversity 16 Parker, S.K. (2019). Keynote. Digital transformation: How Roundtable on Retirement Incomes. Sydney, Australia. Council Australia Event, Perth, Australia. emerging technologies are changing the future of work design. Petroleum Women’s Network Event, hosted by 9 Bei, L. (2019). CEPAR Research and Collaboration on 2 Andrei, D. and Petery, G.A. (March 2019). Mature Workers ConocoPhillips; Woodside; BP; Shell; Chevron & INPEX Long-term Care. Malaysian government and academic in Organisations: Challenges and Opportunities for an Perth, Australia. delegation to CEPAR, Sydney, Australia. Organisational Based Approach. Meet the Researchers, Curtin Graduate Business School - Public Talk, Perth, 17 Parker, S.K. (July 2019). From smart workers to smart 10 Byles, J. (February 2019). Aged care use by women in Australia. work: Creating a positive future in the digital age. 2019 the Australian Longitudinal Study on Women’s Health. Prescott Lecture at Monash University, Melbourne, Australian Institute of Health and Welfare (AIHW), 3 Anstey, K. (2019). Keeping our brain healthy. Local Australia. Canberra, Australia. Community of Little Bay, Sydney, Australia. 18 Peters, R. (June 2019). An up to date overview of blood 11 Byles, J. (March 2019). Community, Pre-diagnosis and 4 Anstey, K. (April 2019). Dementia prevention: a critique pressure, blood pressure lowering and risk of Diagnosis as well as Post Diagnostic and Ongoing of the evidence on risk factors from observational dementia. Imperial College, London, United Kingdom. Support. Dementia Policy Co-Design Workshop: studies. Theo Murphy Frontiers of Science Symposium, Dementia and Supported Ageing Branch, Department of Academy of Science, Adelaide, Australia. 19 Peters, R. (May 2019). Dementia prevention, what do we Health. Sydney, Australia. know? And where do we go from here? Australian 5 Anstey, K. (September 2019). A healthy brain in later Dementia Centre for Research Collaboration live 12 Byles, J. (November 2019). Housing for Older life? Science Week: Science in the Bookshop event, public-facing webinar, Sydney, Australia. Australians: Changing Capacities and Constrained Sydney, Australia. Choices. CEPAR Policy Dialogue on Housing and Ageing. 20 Truxillo, D. (September 2019). Supporting workers, Canberra, Australia. 6 Baird, M. (2019). Transformative effects of parental organizations, and society: Interventions from work leave in Australia and South-East Asia. Labour psychology. Kemmy Business School, University of 13 Capatina, E. and Keane, M. (June 2019). Health Shocks Organisation (ILO), 100th Anniversary of Maternity Limerick, Inaugural Lecture. University of Limerick. and the Evolution of Consumption and Income over the Protection, Geneva, Switzerland. Life-Cycle. Federal Reserve Bank of Atlanta, Atlanta, 21 Zhou, L., Labit-Hardy, H., Villegas, A. and Ziveyi, J. (June USA. 7 Brady, B. (October 2019). Guest Lecture. Pathways to 2019). A structured investigation of retirement income early career research engagement and success. products. UNSW Business School Research Fair, 14 Chesterman, J., Sinclair, C., Lonie, J. and Connolly, H. Western Sydney University, Sydney, Australia. Sydney, Australia. (July 2019). Practical Models: Decision-Making and Choice. National Elder Abuse Conference. Brisbane, 8 Byles, J. (February 2019). Opening statement on behalf GOVERNMENT Australia. of the Australian Epidemiological Association (AEA). Inquiry into sleep health awareness in Australia. 1 Andrei, D. (September 2019). Mature Workers in 15 Chomik, R. (April 2019). An Overview of Retirement Sydney Public Hearing. Sydney, Australia. Organisations. Meeting of the City of Joondalup Income Outcomes: Who Wins; Who Loses? CEPAR Executive Board, Joondalup, Australia. Roundtable on Retirement Incomes. Sydney, Australia. 9 Byles, J. (June 2019). Acceptable ageing. University of the Third Age, Adamstown, Australia. 2 Anstey, K. (April 2019). Data Linkage for Ageing 16 Chomik, R. (June 2019). Technology and Ageing. The Research. CEPAR Symposium on Data Linkage, ANU Global Economic Implications of Population Ageing. 10 Fisher, G. Cognitive aging and work: Implications for an Crawford School, Canberra, Australia. Canberra, Austalia. aging workforce. RAND Corporation. Santa Monica, CA, USA, May 2019; Future of Work Institute, Perth, 3 Anstey, K. (May 2019). Expert panel member. Dementia, 17 Chomik, R. (November 2019). Housing in an Ageing Australia, July 2019 and CEPAR, UNSW, Sydney, Ageing and Aged Care workshop, Commonwealth Australia: Nest and Nest Egg? CEPAR Policy Dialogue on Australia, August 2019. Department of Health. Canberra, Australia. Housing and Ageing. Canberra, Australia. 11 Keane, M. (August 2019). How to become known in the 4 Anstey, K.J. (April 2019). Enhancing Research Through 18 Chung, T. (2019). Sustainable Pensions with Means world, and how to get your research recognised. Data Linkage: The PATH Through Life Example. CEPAR Testing in Aging Economies. Australia Taxation Office Scientia fellows UNSW/Academics and young workshop on Data Linkage, Crawford School, Australian and the department of Prime Minister and Cabinet, researchers, Sydney, Australia. National University. Canberra, Australia. Canberra, Australia. 12 McDonald, P. (April 2019). Australian Population Policy. 5 Baird, M. (2019 November). Gender, Age and Housing. 19 Clarke, P. (2019). Healthy Poverty Overview. Victorian Urban Task Force (top 100 property developers in CEPAR Policy Dialogue on Housing and Ageing, Department of Health and Human Services. Melbourne, Australia). Sydney, Australia. Canberra, Australia. Australia. 13 McDonald, P. (March 2019). Australian population policy. 6 Baird, M. (May 2019). Increasing Female Labour Force 20 Clarke, P. (2019). Overview of recently published Rotary Melbourne, Melbourne, Australia. Participation. Malaysia-Australia Gender Policy research. Workshop on Data Linkage for Ageing Related Dialogue. Kuala Lumpur, Malaysia. Research. Department of Health, Canberra, Australia. 129
21 Clarke, P. (2019). Data-linkage in Australia: Story so far. CEPAR Data Linkage for ageing related research: How far have we come? How much further to go? Canberra, Australia. ANNUAL REPORT 2019 • END USER LINKS 22 Clarke, P. (December 2019). Defining and Measuring Health Poverty. Workshop on Data Linkage for Ageing Related Research. Department of Health, Canberra, Australia. 23 Fehr, H. (November 2019). Home Ownership and Housing Policies in Germany. CEPAR Policy Dialogue on Housing and Ageing. Canberra, Australia. 24 Hunt, A., Batterham, P. and Steel, Z. (July 2019). Late Life Depression in Indonesia. Presentation to the representatives of the Governor of Yogyakarta. Yogyakarta, Indonesia. 25 Keane, M. (2019). Improving Life-cycle Models used to Evaluate Tax and Transfer Policy. Treasury, Canberra, Australia. 26 Knight, J. (December 2019). Pre- and Post- Operative Prescribing of Opioid and the Association with Long Term Opioid Use. Workshop on Data Linkage for Ageing CEPAR SENIOR RESEARCH FELLOW GEORGE KUDRNA PRESENTING AT THE 14TH PENSION EXPERTS MEETING IN THE Related Research. Department of Health, Canberra, ASIA-PACIFIC REGION, HELD IN SEOUL IN JUNE 2019 Australia. 36 McDonald, P. (March 2019). Keynote presentation. 44 McKibbin, W. (November 2019). Discussion of the 27 Kudrna, G. (August 2019). Economic Impacts of Demography and Economic Development in Indonesia demographic modeling project with several members Population Ageing. Global Economic Implications of Ministry of Finance. Indonesian Government, Jakarta, of the US Federal Board of Governors, Canberra, Population Ageing. ANU, Canberra, Australia. Indonesia. Australia. 28 Kudrna, G. (June 2019). Establishing a Multi-pillar 37 3McDonald, P. (November 2019). Home Ownership 45 McKibbin, W. (October 2019). Discussion about a Pension System through the Role-sharing between Futures: An Alternative Approach to Measurement. potential role for CEPAR and the G-Cubed model in the Public and Private Pensions: The Case of Australia. 14th CEPAR Policy Dialogue on Housing and Ageing. IGR2020 and CSIRO report on the Australian National Pension Experts Meeting in Asia-Pacific Region, Seoul, Canberra, Australia. Outlook 2020. Treasury officials, Canberra, Australia. South Korea. 38 McDonald, P. (October 2019). Discussion of 30th 46 Parker, S.K. From Smart Workers to Smart Work: 29 Lee, J.W. (August 2019). Aging Population and International Population Conference. Centre for Creating a Positive Future of Work. Health and Productivity—Evidence from Korean data. The Global Population, Treasury, Canberra, Australia. Wellbeing and WHS staff, the Treasury and Economic Economic Implications of Population Ageing. ANU, Development Directorate (CMTEDD), and Community Canberra, Australia. 39 McDonald, P. (October 2019). Discussion of Population Services Directorate (CSD), Canberra, Australia; Justice Issues in Japan with Mr Kenya Akiba, Special Adviser to and Community Safety (JACS) Directorate senior 30 McDonald, P. (April 2019). Demography and Security. the Prime Minister of Japan. Melbourne, Australia. Australian Defence College, Canberra, Australia. executives and statutory office holders, and senior 40 4McKibbin, W. (2019). Discussion of Policy Related to executives from Transport Canberra and City Services, 31 McDonald, P. (August 2019). Fertility and Economic Macroeconomics, Demographics and Climate Change Canberra, Australia and Justice and Community Safety Development in Selected Asian Countries. The Global with the Treasurer Josh Frydenberg. Canberra, Directorate, Canberra, Australia, September 2019. Economic Implications of Population Ageing. ANU, Australia. Canberra, Australia. 47 Petery, G.A. (May 2019). The Ageing Workforce: 41 McKibbin, W. (April 2019). How Far Have We Come? Implications and Opportunities for Local Governments. 32 McDonald, P. (August 2019). Meeting. Directions of the How Much Further to Go? Workshop on Data Linkage for Workforce Risk Forum. Burswood WA, Australia. Centre. Director, Centre for Population, Treasury, Ageing Related Research. ANU, Canberra, Australia. Canberra, Australia. 48 Piggott, J. (August). Ageing and Social Protection. The 42 McKibbin, W. (August 2019). Introduction and Overview. Global Economic Implications of Population Ageing. The 33 McDonald, P. (July 2019). Australian fertility trends. The Global Economic Implications of Population Ageing. Global Economic Implications of Population Ageing. Department of the Treasury. Canberra, Australia. ANU, Canberra, Australia. ANU, Canberra, Australia. 34 McDonald, P. (July 2019). Australian population policy. 43 McKibbin, W. (August 2019). Macroeconomic Impact of 49 Piggott, J. (March 2019). Keynote. What are the Department of Social Services. Canberra, Australia. Global Demographic Change. The Global Economic Supervisory Challenges with Regard to Current and New Retirement Products? IOPS International Conference on 35 McDonald, P. (March 2019). Demography and Economic Implications of Population Ageing. ANU, Canberra, Australia. Pension Supervision and Regulation 2019: Options for Development in Indonesia. High Level Policy Dialogue. Creating Sustainable Pension Systems in Energy Ministry of Finance, Jakarta, Indonesia. Markets Conference. New Delhi, India. END USER LINKS
130 CEPAR 50 Piggott, J. (November 2019). Nest and Nest Egg? CEPAR 4 Anstey, K.J. (January 2019). Policy Variation within 19 Byles, J. (August 2019). Presentation to RSL LifeCare. Policy Dialogue on Housing and Ageing. ANU, Canberra, Australia. Workshop on International Perspectives on NeW Space, University of Newcastle, Newcastle, Australia. Older Drivers. United States Transport Research Bureau Australia. ANNUAL REPORT 2019 • END USER LINKS Annual Meeting, Washington D.C., USA. 51 Piggott, J., Bateman, H., de Cure, M. and Kudrna, G. 20 Byles, J. (November 2019). Healthy Ageing. Friends for (December 2019). Retirement Incomes Review Briefing. 5 Anstey, K.J. (2019). Assessing Dementia Risk factors the Future. Hunter Medical Research Institute. Panel Members, Treasury. Sydney, Australia. Geneva World Health Organisation (WHO) Meeting on Lambton, Australia. Dementia Burden Estimation. Geneva, Switzerland. 52 Piggott, J., Chomik, R. (2019). Long Term Care Concepts, 21 Gulesserian, L. (September 2019). Australian Women’s Trends and Reforms: A View from Australia. Malaysian 6 Anstey, K.J. (June 2019). Evidence for the WHO Financial Decision-making and Other Factors government and academic delegation to CEPAR, Dementia Risk Reduction Guidelines. Alzheimer’s Influencing the Superannuation Gap. Zonta Sydney, Australia. Disease International Webinar. International Sydney East Board, Sydney, Australia. 53 Sherris, M. (April 2019). Risks and Products: How Should 7 Anstey, K.J. and Peters R. (2019). Dementia Risk 22 Iles, L. and Butcher, S. (November 2019). Employee we Better Encourage the use of Innovation and Design Reduction. Dementia Centre on Research Collaboration Survey Results. Presentation to Diversity & Inclusion of Longevity Insurance Products? Are CIPRs the Webinar. team at GHD. GHD, Perth, Australia. Answer? CEPAR Roundtable on Retirement Incomes. Sydney, Australia. 8 Baird, M. (2019). The Future of Work and Family in 23 Iles, L. and Chen, S. (November 2019). Policy and Australia. Committee for Economic Development of Practice Review. Workshop with representatives of City 54 Sherris, M. (November 2019). Policy, Practice and Australia (CEDA) lunch event, Brisbane, Australia. of South Perth, Perth, Australia. Research: Issues and Responses. CEPAR Policy Dialogue on Housing and Ageing. Canberra, Australia. 9 Baird, M. (2019). Women & Men in Australia – The Future 24 Iles, L. and Williams, A. (November 2019). Workshop of Work, Family and Care. Institute for Muscular with representativesof City of Stirling, Perth, Australia. 55 Sinclair, C. (2019). Care Planning and Decision-Making in Skeletal Health, Planning Day 2020 and Beyond, Australian Long-term Care. Malaysian government and Sydney, Australia. 25 Kiely, K. (March 2019). Lifecourse Perspectives on academic delegation to CEPAR, Sydney, Australia. Hearing Loss and Cognitive Decline. Audiology 10 Baird, M. (March 2019). What Women Want, What Australia State Conferences. Queensland and Victoria, 56 Sinclair, C. (June 2019). Oral evidence. Royal Women Need to ‘Balance for Better’. Sydney Trains. Australia. Commission into Aged Care Quality and Safety. Sydney, Australia. Commonwealth Law Courts, Perth, Australia. 26 Kooij, D. (2019). Module “Duurzaam personeelsbeleid” 11 Baird, M. (October 2019). Women, Work and Ageing. [Sustainable HR policy]. Strategic Human Resource 57 Tran-Duy, A. (December 2019). Using Linked Data to Finance Sector Union National Conference. Melbourne, Management in secondary education. Amsterdam, Inform Decision on Strategies for Closing the Gap in Life Australia. Netherlands. Expectancy Between Indigenous and Non-Indigenous People. Workshop on Data Linkage for Ageing Related 12 Baird, M. (October 2019). Keynote. All the Cares in the 27 Labit-Hardy, H. (June 2019). How a Cause-of-Death Research. Department of Health, Canberra, Australia. World: Work/Life Concerns of Mature Workers. Carers Reduction can be Compensated in Presence of NSW Conference. Sydney, Australia. Heterogeneity? A Population Dynamics Approach. 58 Weifeng Liu, L. (August 2019). Global Demographic Workshop on Dynamic Models for Human Longevity Change and International Capital Flows. The Global 13 Baird, M. and Gulesserian, L. (September 2019). with Lifestyle Adjustments (LoLitA), Kings College Economic Implications of Population Ageing. ANU, Australian Women’s Financial Decision-Making and London Financial Methematics Department, London, Canberra, Austalia. Other Factors Influencing the Superannuation Gap. United Kingdom. Cate Wood, Board Member, Women in Super, Sydney, 59 Woodland, A. (April 2019). Macro Impacts of Australia. 28 Lee, J.W. (September 2019). Can Older Workers Stay Superannuation Reform: What Impact Might Alternative Productive? Role of Information and Communications Pension/Superannuation Reforms have on Economic 14 Baird, M., Constantin, A., Elgood, J. and Gulesserian, L., Technology and Training in Republic of Korea. Asian Growth and Welfare? CEPAR Roundtable on Retirement (2019). Mature Age Employment. Council On The Ageing Development Bank Institute. Tokyo, Japan. Incomes. Sydney, Australia. (COTA) and Challenger, Sydney, Australia. 29 McDonald, P. (October 2019). Economic Outcomes of INDUSTRY/BUSINESS/END USERS 15 Bateman, H. (June 2019). Motivated Saving: The Impact Australian Immigration. Asia Pacific Initiative/ANU: of Projections on Retirement Saving Intentions. Ambitions for Japanese Immigration. Tokyo, Japan. 1 Andrei, D., Parker, S. and Baird, M. (April 2019). Mature Actuaries Summit. Sydney, Australia. Workers in the Organisation - Challenges and 30 McKibbin, W. (October 2019). Keynote presentation. The 16 Bateman, H. (October 2019). Discussion Forum. Opportunities for an Organisational-Based Approach. Global Economic Outlook: Vulnerabilities and International Centre for Pension Management. Sydney, CEPAR Engagement Workshop. Perth, Australia. Opportunities. CPA Australia Annual Congress, National Australia. Convention Centre, Canberra, Australia. 2 Anstey, K.J. (April 2019). Dementia Prevention: 17 Byles, J. (August 2019). Expressed and Expected Needs A Critique of the Evidence from Trials. South Australia 31 Mortby, M., Beattie, E., Lautenschlager, N., Doyle, C. and for Aged Care: A Comparative Analysis of Two Medical Research Institute, Adelaide, Australia. Anstey, K.J. (June 2019). Practical issues in Generations of Australian Women. Aged Care Sit-Down, intervention research in residential aged care 3 Anstey, K.J. (January 2019). Evidence for Interventions. Sydney, Australia. facilities: Insights from the BPSD PLUS Project. United States Transport Research Bureau Workshop. 18 Byles, J. (August 2019). Health Care Use in later Life: Australian Dementia Forum. Hobart, Australia. Washington D.C., USA. Questions and Data. Agency for Clinical Innovation, Sydney, Australia. 131 CEPAR 32 Parker, S.K. (August 2019). Keynote. The 4th Industrial 42 Sinclair, C. (June 2019). Supported Decision-making for Revolution and the Impact on the Workplace of the People Living with Dementia. Ethics and Dementia Future. The Future of Work industry event hosted by Satellite Symposium, University of Tasmania, Hobart, ANNUAL REPORT 2019 • END USER LINKS Curtin University and Optu., Perth, Australia. Australia. 33 Parker, S.K. (March 2019). Transformative Work Design: 43 Sinclair, C. (March 2019). Maximising the Participation of The SMART Work Model. Queensland Injury Prevention People With Decision-making Disabilities in and Return to Work Conference. Townsville, Australia. Guardianship Proceedings: Illusory or Achievable? Australian Guardianship Association Conference. 34 Parker, S.K. (September 2019). Generational Diversity Canberra, Australia. and Mature Workers in Organisations. GHD Global Diversity & Inclusion Council Meeting, Virtual. 44 Sirdaran, D., Sherris, M., Villegas, A. and Ziveyi, J. (June 2019). A Data Analytics Paradigm for the Construction, 35 Parker, S.K. (September 2019). Keynote Address. Selection, and Evaluation of Mortality Models. Designing Work that Works: Future Directions. AOW Actuaries Summit. Sydney, Australia. 2019: Neue Formen der Arbeit in der digitalisierten Welt: Veranderungskompetenz starken, TU Braunschweig, 45 Rudolph, C.W. (October 2019). Unpacking Theories of Germany. “Generations.” Committee on the Consideration of Generational Issues in Workforce Management and 36 Pitacco, E. (November 2019). From Gompertz to Frailty Employment Practices. National Academies of Science, Models: Mortality Modeling for Actuarial Applications. Engineering, and Medicine Committee on Population. CEPAR Longevity Risk Workshop. UNSW, Sydney, Washington, USA. Australia. 46 Villegas, A. (2019). Developments in the application of 37 Rudolph, C.W. (September 2019). The Cognitive and data analytics techniques to mortality modelling. Emotional Contributions of Older Workers to CEPAR Longevity Risk Workshop. Sydney, Australia. Workplaces. National Academies of Science, Engineering, and Medicine Committee on Population. 47 Yiengprugsawan, V. Seubsman, S. and Sleigh, A.C. Washington, USA. (October 2019). Health-risk Transition: Thai Cohort Study. EcoHealth Approach to Developments in Health 38 Sherris, M. (2019). Developments in Multi-factor Workshop organised by Australian National University, Continuous Time Mortality Modelling. CEPAR Longevity Commonwealth Scientific and Industrial Research Risk Workshop. Sydney, Australia. Organisation and Asian Development Bank. Canberra, 39 Sherris, M. (March 2019). Modelling Health Status and Australia. Functional Disability with Applications to Life Annuities 48 Ziveyi, J. (2019). A Value-based Longevity Index: A and Long-Term Care Insurance. Macquarie University Consistent Framework for Valuation of Longevity- Financial Risk Day, Sydney, Australia. linked Products and Basis Risk Quantification. CEPAR 40 Sinclair, C. Supported Decision-making. NHMRC Longevity Risk Workshop. Sydney, Australia. National Institute of Dementia Research Lecture Tour Roadshow, NeuRA, Sydney, Australia, March 2019 and Dementia Australia Client Services Staff Training Day, Sydney, Australia, May 2019. 41 Sinclair, C. (August 2019). Supported Decision-making, Substitute Decision-making and Advance Care Planning. Advance Care Planning Australia, Victorian Seminar. Melbourne, Australia. CENTRE FINANCE
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CONSOLIDATED FINANCIAL STATEMENT 2017-2019 ANNUAL REPORT 2019 • CENTRE FINANCE INCOME 2017($) 2018($) 2019($) ARC Centre Grant distributed as follows:
University of New South Wales NOTE 1 2,579,024 2,820,862 2,238,139 Australian National University - 461,452 295,734 University of Sydney 255,732 792,658 703,982 University of Melbourne 420,305 509,529 432,930
University of Western Australia NOTE 2 246,688 - -173,105
Curtin University NOTE 1 - - 963,965 University of New South Wales 548,551 719,196 633,874 Australian National University - 138,396 70,375 University of Sydney 83,839 114,522 147,239 University of Melbourne 73,980 145,975 100,797 University of Western Australia 54,260 -50,677 -
Curtin University NOTE 3 - - 286,562
NSW Department of Industry (Research Attraction and Acceleration Program) NOTE 4 66,000 153,915 165,834 Department of Foreign Affairs and Trade 30,000 - -
Department of Health NOTE 5 50,000 50,000 50,000 Department of Social Services 50,000 50,000 50,000
Medibank NOTE 6 50,000 50,000 50,000 National Wealth Management Services Limited 50,000 50,000 50,000 NSW Treasury 50,000 50,000 50,000 PwC 40,000 40,000 40,000 Reserve Bank of Australia 50,000 50,000 50,000 Willis Towers Watson 65,000 65,000 65,000 Commonwealth Treasury - 50,000 50,000 UNSW Contestable Funds / Strategic Funds / UNSW Business School Funds - 379,153 521,927 Superannuation Colloquium Registration Fees - 21,650 34,876 Long-term Care Directors Conference Registration Fees - 12,038 - Economics of Ageing Workshop Sponsorship - - 13,394 ERA Conference Registration Fees - - 7,817 International Network for Pensions, Aging and Retirement Research Conference Sponsorship - 33,902 54,290 Total Income 4,763,379 6,707,571 6,953,630 133 CEPAR ANNUAL REPORT 2019 • CENTRE FINANCE EXPENDITURE 2017($) 2018($) 2019($) Salaries 61,325 3,239,416 5,142,693 Scholarships - 158,812 210,442 Travel 2,872 336,156 519,799 Emerging Researchers in Ageing initiative: annual contribution - 80,000 70,000 Events 335 124,216 120,642 Other research related expenses 581 45,035 179,712 Recruitment and relocation expenses 3,034 22,753 27,597 Centre administration, consumables and I.T. maintenance 145 27,837 63,321 Equipment - 19,855 49,398 Website, branding and marketing 4,978 50,190 59,317 Total Expenditure 73,270 4,104,270 6,442,922
Opening balance at the beginning of the year 4,690,109 7,293,409
Closing balance as at year end 4,690,109 7,293,409 7,804,117
NOTE 1: Reflects delayed distribution of 2018 ARC NOTE 4: A total of $1,000,000 was received in 2017, funding allocation to Curtin University following covering the period 2017-2023. $165K is the finalisation of a variation to the Eligible reported for 2019 and includes annual Organisation Agreement in 2019 as a result of interest payments of $19K. CI Parker’s move from UWA to Curtin in 2018. NOTE 5: A total of $100K fund was received in 2018, NOTE 2: Consistent with the variation described in covering the period 2018-2019. $50K is Note 1, $173K in unspent ARC funds held by UWA reported for 2019. were clawed back and redistributed to Curtin in 2019, forming part of the $963K reported below. NOTE 6: A total of $150,000 was received in 2017, covering the period 2017-2019. $50K is NOTE 3: Consistent with the variation described in reported for 2019. Note 1, 2018 internal contributions by Curtin were made in 2019. ESTIMATES OF FUTURE INCOME AND EXPENDITURE
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CEPAR Funds will be made available to support PhD INCOME student conference participation and provide ANNUAL REPORT 2019 • CENTRE FINANCE The Centre’s main source of funds in 2020 will opportunities for both research fellows and PhD be the Australian Research Council (ARC). The students to spend time at one of our international administering and collaborating organisations, partner organisations with the aims of enhancing as well as the partner organisations will make their career experience and building links contributions at their contracted rates. The UNSW between these key international hubs of ageing Business School will provide in 2020 an additional research and the next generation of researchers. $318,000 to support the hiring of research The anticipated cost of these initiatives in 2020 personnel associated with new research on is approximately $213,000. developing policy and business responses to Asia’s ageing demographic. In total, we estimate COLLABORATION, OUTREACH AND 2020 Centre income to be around $5.9 million. DISSEMINATION OF RESEARCH FINDINGS Conferences and workshops showcase the Centre’s research, increase our international EXPENDITURE footprint, and provide opportunities for our In 2020 the Centre plans to fund a range of industry partners to engage with the Centre. initiatives as detailed in the 2020 activity plan Our research briefs and fact sheets translate provided on pages 8 to 10. Salaries for ECRs will research for a wider audience. continue to account for a large portion of the Centre budget. We anticipate that we will spend Leading international experts will visit the about $7.8 million in total, of which approximately Centre under CEPAR’s Distinguished Visitor $6.5 million will be allocated to salaries and Program and funds will be available for CEPAR scholarship stipends. personnel to visit international collaborators and present research findings at major conferences. PERSONNEL Funds will be also made available to support the It is anticipated that the Centre will spend involvement of our partner and associate approximately $5.4 million in 2020 on research investigators in the research program and personnel, most of whom will be ECRs. outreach activities. It is expected that these It is expected that 31 students will be supported activities will be supported by a combination of by CEPAR scholarships in 2020 at a total cost of industry and collaborating university funds. $346,000. This includes scholarships for Total estimated expenditure for these activities undergraduate and PhD students. in 2020 is $717,000. MENTORING OPPORTUNITIES OTHER FOR ECRS AND STUDENTS Approximately $855,000 will be spent on CEPAR will continue to support the Emerging supporting the operation of the Centre. Researchers in Ageing (ERA) initiative in 2020 as This includes salaries for administrative well as offer workshops for ECRs and PhD personnel, equipment, materials and other costs students. associated with the running of the Centre. An estimated additional $301,000 will be spent on other research related activities including surveys. NEW GRANTS
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ANSTEY, K.J. ANSTEY, K.J., PETERS, R., LAUTENSCHLAGER, CEPAR NEW GRANTS AWARDED TO RESEARCH TEAMS 2019-2022 NHMRC Project Grant: SHAW, J., ANDERSON, C., JORM, L., KIELY, K., WHICH INCLUDED CEPAR CHIEF INVESTIGATORS WHITMER, R., MATTHEWS, F, AND KIVIPELTO, M. ANNUAL REPORT 2019 • NEW GRANTS Preventing Falls in Older Age with Yoga-Based ANSTEY, K.J., WOOD, J., DELBAERE, K., BEDARD, M., NHMRC National Institute for Dementia Research: Exercise: Effectiveness, Cost-Effectiveness BROWN, J., KIELY, K., CLARE, L, AND LUNG, T. and Implementation Translating the Evidence on Dementia Risk NHMRC Project Grant: Reduction to Generate Assessments, Advice and Total amount awarded: $930,103 Driving Longer and Better: Evidence-Based Training for Health Professionals, Policy makers, Interventions for Older Drivers Patients and Public ANSTEY, K.J., CRAWFORD, T., HAMILTON, M., Total amount awarded: $918,549 YUN-HEE, J., ZHICHENG, L., THOMSON, D.K. Total amount awarded: $1,995,480 AND JUDD-LAM, S. ANSTEY, K.J. 2019-2020 USyd-UNSW Seed Funding Scheme: ANSTEY, K.J., KIELY, K. AND JAGGER. C ARC Laureate Fellowship: Australian Research Discovery Project: Mental Health and Wellbeing – Early Intervention Contemporary Life Engagement and Cognitive and Prevention (Older People) Healthy Working Life Expectancies Resilience in Ageing in an Ageing Australia Total amount awarded: $20,000 Total amount awarded: $3,232,000 Total amount awarded: $404,293 ANSTEY, K.J., DELBARE, K., BALDWIN, P., LIM, M., ANSTEY, K.J. RADFORD, K., VAN SCHOOTEN, K., O’DEA, B., LORD, ANSTEY, K.J., KIELY, K.M., MCMAHON, C. NHMRC Boosting Dementia S., DRAPER, B., CLOSE, J., HILL, T., UPTON, D., AND ERAMUDUGOLLA, R. Research Joint Program: RISSEL, C., LOVITT, L., TAY, T., ROBINSON, K., 2019-20 Dementia Australia Research COCKAYNE, N. AND RIXT, Z. Foundation Project Grant: Joint Program on Neurodegenerative Disease (EU), 2019-2020 Mindgardens Neuroscience Network: Self-Management and Health Promotion in Making Sense of Hearing-Related Neurocognitive Clinical Translation Program Early-Stage Dementia with E-learning for Carers Impairment: The Auditory Ageing and Cognitive – A Randomised Controlled Trial Total amount awarded: $150,000 Impairment Study Total amount awarded: $746,997 Total amount awarded: $75,000 ANSTEY, K.J., DELBARE, K., RADFORD, K., GARVEY, G., DRAPER, B., MURU-LANNING, M., ANSTEY, K.J., PETERS, R. AND TULLY, P. ANSTEY, K.J. KERSE, N., CUMMING, R., LUNG, T, AND LAVRENCIC, L. 2019-2021 NHMRC Project Grant: NHMRC National Institute for Dementia Research: 2019-2022 NHMRC TCR Healthy Ageing Holistic Approach in Primary Care for Preventing of ATSI Peoples: Life-course Blood Pressure and Cognition Study Memory Impairment and Dementia (Happy Mind) Standing Tall – with our Mob: A Holistic Approach Total amount awarded: $312,032 Total amount awarded: $1,999,499 Towards Active and Healthy Age Total amount awarded: $990,165 BATEMAN, H., DOBRESCU, L.I., NEWELL, B. ANSTEY, K.J., FLICKER, L., COMANS, T., WALLER, M., AND THORP, S. NGUYEN, K.H., MUNIS TERRERA, G., MASTER, C., 2019-2020 UNSW Business School MISHRA, G., EYNSTONE-HINKINS, J., DE CRESPIGNY, Seed Linkage Grant: F, AND FERGUSON, M. Wellbeing in Retirement: Evaluating Cbus’ NHMRC National Institute for Dementia Research: Retirement Income Estimate Campaigns Improving Australia’s Dementia Statistics Total amount awarded: $39,998 Total amount awarded: $2,154,096 NEW GRANTS
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CEPAR BATEMAN, H. AND HANEWALD, K. FLICKER, L., BESSARAB, D., CURNOW, V., LOGIUDICE, UNSW Business School Seed Linkage Grant: D., MALAY, R., SMITH, K., ATKINSON, D., STRIVENS, ANNUAL REPORT 2019 • NEW GRANTS E., DOW, B. AND TEMPLE, J. Reverse Mortgage Demand: NHMRC Targeted Research: The Role of Mental Accounting Defining and Predicting Healthy Ageing in Total amount awarded: $40,000 Aboriginal and Torres Strait Island Populations
CUMMING, R., NARANGOA, L., LINDSKOG, B. Total amount awarded: $931,119 AND AO, W. ARC Discovery Project: WILSON, T., TEMPLE, J., ALEXANDER, M. AND BAKER, J. Mongolian Medicine: Different Modes of ARC Discovery Project: Knowledge Transmission Developing Robust Small Area Population Total amount awarded: $433,000 Forecasts for Planning and Policy
MARTINS, R., ANSTEY, K.J., NAISMITH, S., BAKER, L., Total amount awarded: $348,536 KIVIPELTO, M., SOHRABI, H., BURNHAM, S., VILLEMAGNE, V., GRIEVE, S. AND YATES, P. SHEN, Y. NHMRC MRFF Clinical Trial: ARC Discovery Early Career Researcher Award: The Australian-Multidomain Approach to Demystifying Puzzles in Retirement Planning Reduce Dementia Risk by Protecting Brain Health Total amount awarded: $420,039 with Lifestyle Intervention
Total amount awarded: $3,115,063 THORP, S., ECKERT, C., ISKHAKOV, F. AND AGNEW, J. ARC Discovery Project:
NEW GRANTS AWARDED TO TEAMS Understanding and Overcoming Confusion in INCLUDING CEPAR RESEARCHERS AND Consumer Financial Decisions ASSOCIATE INVESTIGATORS ON TOPICS Total amount awarded: $660,000 RELATED TO POPULATION AGEING DOBRESCU, L.I., DOIRON, D., FIEBIG, D., KOHN, R. WILSON, T., BERNARD, A. AND ARGENT, N. AND PANCHENKO, V. ARC Discover Project: UNSW Business School Strategy 2020 Network: Where Migrants Go: A Study of Immigrants’ Post Big Data Modelling for Policy Evaluation Arrival Moves in Australia Total amount awarded: $25,000 Total amount awarded: $220,31 AWARDS, PRIZES & RECOGNITION
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MARIAN BAIRD LARRY LIU AUGUSTUS PANTON CEPAR Included in Apolitical’s Top 100 Most Influential Annual CEPAR Workshop Best Poster Prize for 2019 Vice-Chancellor’s Award for People in Gender Policy for 2019 ‘Demographic Changes and Global Imbalances’ Excellence in Education ANNUAL REPORT 2019 • AWARDS, PRIZES & RECOGNITION NICOLE EE PETER MCDONALD Adam Smith Fellowship Recipient Westpac Future Leaders Scholarship: Global Appointed to the Research Committee of the SHARON PARKER, PATRICK DUNLOP, LEON STRAKER Inequality in Dementia Risk, Pathways to Scanlon Foundation’s Institute for Applied Social AND SANA BHARADWAJ Prevention: Social Engagement, Wellbeing and Cohesion Research European Association of Work and Organisational Neuropsychological Health JANET MACCORA Psychology Conference Best Poster Award for ‘An LISA GULESSERIAN Annual CEPAR Workshop People’s Choice Poster Investigation of Work-Design and Individual Jane M. Klausman Women in Business Scholarship Award for ‘Gender differences in SuperAgers: Differences as Antecedents of Employee Moral Longitudinal memory resilience in an Australian and Disengagement’ KIM KIELY cohort’ 31st REVES Network on Health Expectancy Poster SHARON PARKER, MEREDITH CARR, DANNIELLE Prize for Presentation: Estimating the Number of Awarded Best Presentation by an AAG member at FINNERTY, MARK GRIFFIN, LUCINDA ILES, KARINA Years Older Australians Live in Financial Hardship the 18th Emerging Researchers in Ageing JORRITSMA, MEGAN ORCHARD, KIMBERLEY PARKER, Conference for ‘Should we talk about gender AND JENNIFER WARR ROBERT HOLZMANN, JENNIFER ALONSO GARCIA, Curtin Innovation Award: Thrive At Work Inititative HÉLOÏSE LABIT HARDY AND ANDRÉS VILLEGAS differences in cognition in later life?’ PBSS Best Paper Prize in the IAA Section OLIVIA S. MITCHELL SHARON PARKER Colloquium 2019: NDC Schemes and Heterogeneity Included in Worth Magazine’s list of 16 Web of Science Group 2019 Highly Cited in Longevity: Proposals for Redesign Powerhouse Female Economists Researchers List LUCINDA ILES Awarded the 2019 FINRA Ketchum Prize Top Five Media Commentator Award, Curtin Annual CEPAR Workshop People’s Choice Poster recognizing outstanding service and research to University Faculty of Business and Law Award for ‘Organisational Meta-strategies for advance investor protection and financial MIJANUR RAHMAN Managing Age Diversity’ capability Arthur Everitt Award for a High Quality Abstract at the Australian Association of Gerontology
PROFESSOR Dr Olivia S. Mitchell is International Foundation Dr Mitchell’s main areas of research and teaching OLIVIA S. MITCHELL of Employee Benefit Plans Professor, and Professor are international private and public insurance, risk BA Harvard, MA PhD of Business Economics/Policy and Insurance/Risk management, public finance, and compensation and Wisconsin-Madison Management, at the Wharton School of the pensions. Her extensive publications (32 books and PARTNER INVESTIGATOR University of Pennsylvania. At Wharton, she is also over 200 articles) analyse pensions and healthcare the Executive Director of the Pension Research systems, wealth, health, work, wellbeing, and Council and the Boettner Center on Pensions and retirement. She served on President Bush’s Retirement Research and a Fellow of the Wharton Commission to Strengthen Social Security and the Financial Institutions Center and the Leonard Davis US Department of Labor’s ERISA Advisory Council. Institute; she also sits on the Board of the Penn She has spoken for groups including the World Aging Research Center. Concurrently Dr Mitchell Economic Forum; the International Monetary Fund; is a Research Associate at the National Bureau of the Investment Company Institute; the White House Economic Research and a Co-Investigator for Conference on Social Security; and the President’s the Health and Retirement Study at the University Economic Forum. of Michigan. In 2019 Professor Mitchell was listed as one of Worth Magazine’s 16 Powerhouse Female Economists. AWARDS, PRIZES & RECOGNITION
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CEPAR JEROMEY TEMPLE Invited to join the NHMRC National Institute for ANNUAL REPORT 2019• AWARDS, PRIZES & RECOGNITION Dementia Research (NNIDR) Invited to join the National Ageing Research Institute (NARI) advisory group DANIEL WHEADON Third place in the UNSW Business School 3 Minute Thesis Competition DANDAN YU UNSW Dean’s Award for Outstanding PhD Thesis LUKE ZHOU 2019 APRA Brian Gray Scholarship Best Higher Degree Research Poster for ‘A structured investigation of retirement income products’ at the UNSW Business School Student Research Fair
AUGUSTUS PANTON RECEIVED THE 2019 VICE-CHANCELLOR’S AWARD FOR EXCELLENCE IN EDUCATION CONTACTS
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UNIVERSITY OF NEW SOUTH WALES UNIVERSITY OF SYDNEY NODE CEPAR (ADMINISTERING ORGANISATION) School of Public Health CEPAR Headquarters Faculty of Medicine and Health ANNUAL REPORT 2019 • CONTACTS Edward Ford Building A27 Level Three, South Wing The University of Sydney NSW 2006 223 Anzac Pde Kensington Campus E [email protected] UNSW Sydney T +61 (2) 9114 1228 Sydney NSW 2052 THE UNIVERSITY OF SYDNEY BUSINESS SCHOOL NEURA GROUP Discipline of Work and Organisational Studies Margarete Ainsworth Building Abercrombie Building Barker St The University of Sydney NSW. 2006 Randwick NSW 2031 E [email protected] E [email protected] T +61 (2) 9351 6439 T +61 (2) 9931 9202 CURTIN UNIVERSITY NODE W cepar.edu.au Centre for Transformative Work Design AUSTRALIAN NATIONAL UNIVERSITY NODE Future of Work Institute Crawford School of Public Policy Curtin Graduate School of Business JG Crawford Building Murray Street 132 Lennox Crossing Perth WA 6000 Australian National University E [email protected] ACT 0200 Canberra T +61 (8) 92664984 E [email protected] T +61 (2) 6125 8108 UNIVERSITY OF MELBOURNE NODE Centre for Health Policy DESIGN School of Population and Global Health Peter Campbell Design Level 4, 207 Bouverie Street The University of Melbourne EDITING Melbourne VIC 3010 Amy Brushwood, Senior Administrative Officer, CEPAR E [email protected] Anne Gordon, Director of Operations, CEPAR PHOTOGRAPHY Daniel Coelho, Natural Exposure; Cath Muscat Photography; Stuart Hay, Australian National University; PFRDA; Alexander Robson; Erwin Tan; Actuaries Institute PRINTING Peachy Print 140 CEPAR ANNUAL REPORT 2019