United States of America
Discussion paper
Action and impact: discussion paper from the visit of Melody Barnes to Australia in February 2016
This discussion paper emerges from a series of events held by Per Capita with Melody Barnes in February 2016. Melody Barnes served as Assistant to US President Obama and Director of the White House Domestic Policy Council from 2009 to January 2012. Ms Barnes is now the Chair of the Aspen Institute’s Forum for Community...
Policy report
Public banking in New Hampshire: assessing the possibility of establishing a state bank
This report examines New Hampshire’s capital needs, current state funding mechanisms, and the potential costs and benefits of a public bank, to assess whether or not a public bank better meets New Hampshire’s financial needs than current institutions and financing arrangements.
Working paper
When Funds Diverge From Their Long-Term Factor Loadings: A Comparison of Australian and US Mutual Funds
Using a replicating portfolio method to capture the long-term risk loadings of Australian active institutional funds, we investigate patterns in how actual disclosed fund returns diverge from those anticipated by their factor loadings. We find that Australian funds’ returns generate positive alpha, are tilted slightly towards big stocks, and tend to be convex to their...
Report
Uber business model does not justify a new 'independent worker' category
There has been a continuing, strong debate about the size of the gig economy and the pay earned by gig economy workers—specifically as gig work scope and pay relates to Uber, the leading gig economy firm. The debate has been fueled by a number of recent studies using differing and misleading measures of Uber pay...
Report
Time to start worrying again? Cross-strait stability after the 2016 Taiwanese elections
Overview This study argues that the Taiwan Strait will remain dangerous and that Canberra needs to pay closer attention to the evolving cross-strait situation. Of crucial importance is the question of whether Australia should support its US ally in a future Taiwan contingency. The report calls for a comprehensive dialogue between Canberra and Washington to...