Demographic - Economic Modeling

Expenditure Needs and Drawdown of Retirement Savings During Later Life: How Important are Demographic Factors and Financial Resources?
Terence O'Neill, Peter McDonald, Michael Martin, Jack Penm, Jeromey Temple, Steven Roberts, Timothy Higgins (all ANU)
The project examines the shifting importance of demographic factors and private financial resources upon elderly individuals’ needs and preferences in the context of population ageing. Consumption varies substantially during retirement, however this variability has been downplayed in research to date, with average consumption measures that do not account for population heterogeneity. Consumption projections will be produced which incorporate population heterogeneity allowing study of the adequacy of replacement ratios for determining post-retirement needs and the general financial health of the ageing population, including the suitability of current financial products and the appropriateness of public pensions and benefits.

MoDEM project
Jeromey Temple and Peter McDonald
MoDEM (Modified Demographic-Economic Model) is a computer software package prepared with and for the Australian Government’s Productivity Commission. The package enables the projection of population, labour force, and gross domestic product subject to assumptions about input parameters.

Attraction Recruitment and Retention Challenges Facing Victorian Public Sector Agencies
Jeromey Temple and Peter McDonald
This project examines changes in employment levels for Public Service Bodies and Public Entities in regions of Victoria from 2003 to 2007 and prospects for future change. Much of the report is based upon human resources administrative data provided by the State Services Authority. It is conducted with Ross Human Directions Limited for the Victorian State Services Authority.

OZHOUSE: Regional Housing Projections Project
Peter McDonald, Jeromey temple, Rebecca Kippen
OZHOUSE is a package that is used to project future housing demand at a regional level. It was developed originally to support a project of the Australian Housing and Urban Research Institute. Subsequently, it has been used in association with the Departments of Planning and Housing of the NSW Government to project regional housing demand in that state.