|
|
|
Australian School of Business > Schools
|
|
John Piggott
PhD and MSc, University of London
Fellow of the Academy of Social Sciences in Australia (FASSA)
BA, University of Sydney
Scientia Professor
Director, ARC Centre of Excellence in Population Ageing Research (CEPAR)
Director, Australian Institute for Population Ageing Research (AIPAR)
John Piggott is currently Scientia Professor of Economics and ARC Australian Professorial Fellow in the School of Economics within the Australian School of Business at the University of New South Wales. He was appointed Professor of Economics at UNSW in 1988. He holds a BA from the University of Sydney, and the MSc and PhD degrees from the University of London. Past appointments include research and teaching positions at the University of Western Ontario, Canada, and at the Australian National University, Canberra. He was elected a Fellow of the Academy of the Social Sciences in Australia in 1992.
Dr Piggott has a long standing interest in retirement and pension economics and finance, and in Public Finance. His publications include more than 90 journal articles and chapters in books, which have appeared in the leading international academic journals as well as in highly cited conference volumes. In addition, he has co-authored two books, both published by Cambridge University Press. The second of these, on mandatory pension saving, was released in late 2001.
His policy experience includes membership of both the Henry Tax Review Panel (2008-2009) and the Australian Ministerial Superannuation Advisory Committee (2007-present). For nearly a decade, from 1999, he worked with the Japanese Government (Cabinet Level) on pension and population ageing issues, and in 2004 was tasked with evaluating World Bank assistance on pension reform in the Asian region for the Bank's Operations Evaluation Department. In 2007 he was appointed Visiting Professor, Zhejiang University, China, and from 2008-2010 was Visiting Scholar with the Department of Insurance and Risk Management, Wharton School of Business, University of Pennsylvania. He serves as book review editor of the Cambridge journal, the Journal of Pension Economics and Finance, and and was a member of the ARC College of Experts from 2009-2011.
He has held a range of academic management positions at UNSW, including two terms as Head of Economics, and 7 years as Associate Dean Research. He served for more than a year as Interim Dean of the Faculty of Commerce and Economics, in the period leading up to its integration with the Australian Graduate School of Management.
Publications
Selected books
- 'Revisiting Retirement Payouts (edited with Olivia Mitchell and Noriyuki Takayama), Oxford University Press, forthcoming.
- 'Forced Saving: Mandating Private Retirement Incomes (with Hazel Bateman and Geoffrey Kingston), Cambridge University Press, 2001, 254 pages
- 'International Trade Policy and the Pacific Rim (edited with Alan Woodland), IEA Inaugural Australian Roundtable Conference Proceedings, Sydney, July 1996; Macmillan, London, 1999
- 'UK Tax Policy and Applied General Equilibrium Analysis, (with John Whalley), Cambridge University Press, New York, 1985, 345 pages. Reissued by CUP, 2009
Selected past journal publications
- 'The Value of Tenant Benefits from UK Council Housing Subsidies', Economic Journal, 1984, v.94, pp.384-389
- 'Interpreting net fiscal incidence calculations' (with John Whalley), Review of Economics and Statistics, 1987, pp. 685-694
- 'A Microeconometric Model of the Demand for Health Insurance and Health Care in Australia' (with Cameron, C., P. Trivedi, F. Milne), 1988, Review of Economic Studies, v.LV (1), pp.85-106
- 'A Ricardian Equivalence Theorem for the Taxation of Pension Funds' (with Geoffrey Kingston), Economics Letters, 42, 1993, 399-403
- 'Costing the Job Compact' (with Bruce Chapman), 1995, Economic Record, v.71 (215) pp.313-28
- 'The Tax Unit and Household Production - A General equilibrium Approach' (with John Whalley), Journal of Political Economy, 1996, v.104 (2), pp.398-418
- 'VAT Base Broadening, the Informal Sector, and Self Supply' (with John Whalley), American Economic Review, 91, 4, pp. 1084-1094, September 2001
- 'Unlocking housing equity in Japan' (with Olivia Mitchell), Journal of the Japanese and International Economies, 2004, v.18 (4), pp.466-505
- 'Asset Rich and Cash Poor in Singapore? Retirement Provision in a National Defined Contribution Pension Fund' (with David McCarthy and Olivia Mitchell), Journal of Pension Economics and Finance, 2002, 1 (3), pp. 197-222
- 'The Simple Analytics of a Pooled Annuity Fund' (with E. Valdez and B. Detzel), 2005, Journal of Risk and Insurance, v.72 (3), pp.497-520
Recent publications
- 'Turning Wealth into Lifetime Income: The Challenge Ahead' (with Olivia Mitchell), in Mitchell, Olivia et al (eds.), Revisiting Retirement Payouts, Oxford University Press, forthcoming
- 'The Determinants of Occupational Pensions' (with Erik Hernaes, Tse Zhang and Steinar Strom). Journal of Pension Ecoomics and Finance, forthcoming
- 'Too Much Risk to Insure: the Australian (non-) Market for Life Annuities' (with Hazel Bateman), in Mitchell, Olivia et al (eds.), Revisiting Retirement Payouts, Oxford University Press, forthcoming
- 'Incentive Effects of Retirement Income Subsidies' (with Sergi Jimenez and David Robalino), in Robert Holzmann, David A. Robalino, and Noriyuki Takayama (eds.), Closing the Coverage Gap, World Bank, Washington DC: 2009, 125-148
- 'Labour force participation of older workers in Australia and Japan: A tale of two pension systems' (with Hazel Bateman), in Jenny Corbett, Anne Daly, Hisakazu Matsushige and Dehne Taylor (eds.), Labour Market Reform in the Twenty-first century: Laggards and Leaders, Routledge: 2009, 157-179
- 'Securitization of Longevity Risk in Reverse Mortgages' (with Emil Valdez and Liang Wang). North American Actuarial Journal: 12, 4, 2008, 345-371
- 'Notional Defined Contribution Pensions and Public Reserve Funds in Ageing Economies' (with Bei Lu and Olivia Mitchell), International Social Security Review, Vol. 61, No. 4, 2008, 1-23
- 'An Empirical Analysis of Patterns in the Japanese Long-Term Care Insurance System' (with Olivia Mitchell and Satoshi Shimizutani). Geneva Papers on Risk and Insurance, 33, 2008, 694-709
- 'Managing Public Investment Funds: Best Practices and New Questions' (with Olivia Mitchell and Cagri Kumru), Journal of Pension Economics and Finance, 7, 3, 2008, 321-356
- 'Trustee Perceptions of their Role and Effectiveness: The Australian Case' (with Michael Orszag.) In John Evans, Michael Orszag and John Piggott (eds), Pension Fund Governance in a Global Economy, Edward Elgar, 2008, 200-219
- 'Introduction' (with John Evans and Michael Orszag). In John Evans, Michael Orszag and John Piggott (eds), Pension Fund Governance in a Global Economy, Edward Elgar, 2008, 1-5
- 'Explaining Low Annuity Demand: An Optimal Portfolio Application to Japan' (with Sachi Purcal), Journal of Risk and Insurance, 2008, 75, 2, 493-516
- 'Demographic Shift and Financial Risk' (with Olivia Mitchell, Michael Sherris, and Shaun Yow). Third Conference of the Monetary Stability Foundation, Challenges to the Financial System - Ageing and Low Growth. 2007, 99-109
- 'SGL Adequacy and Retirement: Longevity and Economic Impacts' (with John Evans), JASSA, 1, Autumn 2007, 22-24
- 'Demand and Adverse Selection in a Pooled Annuity Fund' (with Emil Valdez and Liang Wang). Insurance, Mathematics, and Economics, 2006, 39, 251-266
- 'Socially Targeted Pension Fund Investment for Pension Stakeholders in Japan' (with Henry Hongbo Jin and Olivia Mitchell), Pacific Basin Journal of Finance, 14, 5, 2006, 427-38
- 'Financial Innovations for an Aging World' (with Olivia Mitchell, Michael Sherris, and Shaun Yow), in Kent, C., Park, A. and Rees, D., Demography and Financial Markets. Reserve Bank of Australia, 2006, 299-336
- 'The Structure and Performance of Mandated Pension Funds' (with Adam Creighton), in Gordon Clark, Alicia Munnell and Michael Orszag (editors), The Oxford Handbook of Pensions and Retirement Income, Oxford University Press, 2006, 241-267
- 'Longevity Insurance - a Missing Market' (with Adam Creighton, Henry Jin and Emil Valdez). Singapore Economic Review, 50, 1, 2006, 471-436
- 'Aged-Care Support in Japan: Perspectives and Challenges' (with Olivia Mitchell and Satoshi Shimizutani), Benefits Quarterly, First quarter 2006, 7-18
Research interests
- Economics of pensions and retirement
- Computable general equilibrium
- Public finance
- Australian public policy
- Life cycle asset allocation
- Housing as a retirement asset
- Pension reform in Asia
Research grants
Major Recent Research Grants
- 2011-2015: ARC Australian Professorial Fellow, $400,000
- 2011-2012: ARC Developing sustainable retirement policy in a Chinese province: the case of Zhejiang; $137,400 plus industry support
- 2011-2017: ARC Centre of Excellence in Population Ageing Research. Centre director, eight chief investigators and six partner investigators. $12.7 million plus collaborating and partner organisation support
- 2008-2012: ARC 'Managing Longevity Risk: Quantification and Implications for Products, Markets, Risk Management and Solvency' (with Sherris-lead CI, Evans, Kim; Valdez; Mitchell; Hernaes); $1,289,945 plus industry support
- 2007-2008: Economic and Social Research Institute (ESRI), Cabinet Office, Japan, 'Intergenerational Issues in Managing Future Fund Reserves' (with Mitchell); JPY6,500,000
- 2007-2010: ARC Linkage (with Department of Family and Community Services and Indigenous Affairs): An Integrated Approach to the Timing of Retirement: Life Cycle, Labour Force Heterogeneity, Financial Status and Public Support (with Barrett-lead CI, Woodland, Gregory); $640,000 plus industry support
- 2006-2010: ARC/NHMRC Ageing Well Ageing Productively (AWAP) Program: 'Working Longer: Policy Reforms and Practice Innovations' (with Bohle, Choi, McDonald, Woodland); $2,000,000
|
|
|
|
|
|
|
|
|
|
|---|
- ECON1101 Microeconomics 1
| |
|
|
|
|
|