|
|
|
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 Director of the ARC Centre of Excellence in Population Ageing Research (CEPAR), and of the Australian Institute for Population Ageing Research at the University of New South Wales, Australia, where he is Scientia Professor of Economics and also holds an ARC Australian Professorial Fellowship. In 2012, he was elected as a member of the University’s Council.
Dr Piggott has a long standing interest in retirement and pension economics and finance. His publications include more than 100 journal articles and chapters in books. He has also co-authored two books, both published by Cambridge University Press. He serves as book review editor of the Cambridge journal, the Journal of Pension Economics and Finance, as an Associate Editor of the Journal of the Economics of Aging, and has recently been appointed to the editorial board of the Journal of Retirement.
His Australian policy experience includes membership of both the Henry Tax Review Panel and the Ministerial Superannuation Advisory Committee. Internationally, he worked for nearly a decade with the Japanese Government (Cabinet Level) on pension and 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. He has been a consultant to several foreign governments on pension issues, including Russia and Indonesia. 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 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
Piggott, J., Mitchell, O., & Takayama, N. (Eds.). (2011). Revisiting Retirement Payouts. Oxford, England: Oxford University Press.
Piggott, J., Bateman, H., & Kingston, G. (2001) Forced Saving: Mandating Private Retirement Incomes. Cambridge, England: Cambridge University Press.
Piggott, J., & Woodland A. (Eds.). (1999). International trade policy and the Pacific Rim : proceedings of the IEA conference held in Sydney, Australia. London, England: Macmillan.
Piggott, J., & Whalley, J. (1985). UK Tax Policy and Applied General Equilibrium Analysis. New York, NY: Cambridge University Press. Reissued by CUP, 2009.
Selected past journal publications
- Piggott, J. (1984). The Value of Tenant Benefits from UK Council Housing Subsidies. Economic Journal, 94, 384-389.
- Piggott, J., & Whalley, J. (1987). Interpreting net fiscal incidence calculations. Review of Economics and Statistics, 685-694.
- Piggott, J., Cameron, C., Trivedi, P., & Milne, F. (1988). A Microeconometric Model of the Demand for Health Insurance and Health Care in Australia. Review of Economic Studies, LV(1), 85-106.
- Piggott, J., & Kingston, G. (1993). A Ricardian Equivalence Theorem for the Taxation of Pension Funds. Economics Letters, 42, 399-403.
- Piggott, J., & Chapman, B. (1995). Costing the Job Compact. Economic Record, 71(215), 313-28.
- Piggott, J., & Whalley, J. (1996). The Tax Unit and Household Production - A General equilibrium Approach. Journal of Political Economy, 104(2), 398-418.
- Piggott, J., & Whalley, J. (2001). VAT Base Broadening, the Informal Sector, and Self Supply. American Economic Review, 91(4, September), 1084-1094.
- Piggott, J., McCarthy, D., & Mitchell, O. (2002). Asset Rich and Cash Poor in Singapore? Retirement Provision in a National Defined Contribution Pension Fund. Journal of Pension Economics and Finance, 1(3), 197-222.
- Piggott, J., & Mitchell, O. (2004). Unlocking housing equity in Japan. Journal of the Japanese and International Economies, 18(4), 466-505.
- Piggott, J., Valdez, E., & Wang, L. (2006). Demand and Adverse Selection in a Pooled Annuity Fund. Insurance, Mathematics, and Economics, 39, 251-266.
Recent publications
- Piggott, J., Hernaes, E., Markussen, S., & Verstag, O. (2013). Does Retirement Age Impact Mortality? Journal of Health Economics, 32(3, May), 586-598.
- Piggott, J., Hanewald, K., & Sherris, M. (2013). Individual post-retirement longevity risk management under systematic mortality risk. Insurance Mathematics and Economics, 52, 87-97. doi: 10.1016/j.insmatheco.2012.11.002
- Piggott, J., & Chomik, R. (2012). Pensions, Ageing and Retirement in Australia: Long term Projections and Policies. Australian Economic Review, 45(3, September), 350-361. doi: 10.1111/j.1467-8462.2012.00696.x
- Piggott, J., & Bateman, H. (2012). Civil Services and Military Retirement Income Provision in Australia. In N. Takayama (Ed.), Reforming Pensions for Civil and Military Servants (pp. 29-54). Tokyo, Japan: Maruzen Publishing.
- Piggott, J., & Sane, R. (2012). Demograpic Shift and Financial Markets in APEC: New-age solutions to age-old challenges. Asia-Pacific Journal of Risk and Insurance, 6(1). doi: 10.1515/2153-3792.1053
- Piggott, J., & Mitchell, O. (2011). Turning Wealth into Lifetime Income: The Challenge Ahead. In O. Mitchell, J. Piggott & N. Takayama (Eds.), Revisiting Retirement Payouts (pp. 1-12). Oxford, England: Oxford University Press.
- Piggott, J., Hernaes, E., Zhang, T., & Storm, S. (2011). Occupational Pensions, Tenure, and Taxes. Journal of Pension Ecoomics and Finance, 10(3), 435-456.
- Piggott, J. (2011). Too Much Risk to Insure: the Australian (non-) Market for Life Annuities. In O. Mitchell, J. Piggott & N. Takayama (Eds.), Revisiting Retirement Payouts (pp. 81-105). Oxford, England: Oxford University Press.
- Piggott, J., & Kumru, C. (2010). Social Resilience, Means-testing, and Capital Taxation – Reflections on Economic Paradigms. In Towards a More Resilient Society: Lessons from Economic Crises (pp. 45-56).
- Piggott, J., & Bateman, H. (2009). Labour force participation of older workers in Australia and Japan: A tale of two pension systems. In J. Corbett, A. Daly, H. Matsushige & D. Taylor (Eds.), Labour Market Reform in the Twenty-first century: Laggards and Leaders (pp. 157-179). London, England: Routledge.
- Piggott, J., & Valdez, E., & Wang, L. (2008). Securitization of Longevity Risk in Reverse Mortgages. North American Actuarial Journal, 12(4), 345-371.
- Piggott, J., Lu, B., & Mitchell, O. (2008). Notional Defined Contribution Pensions and Public Reserve Funds in Ageing Economies. International Social Security Review, 61(4), 1-23.
- Piggott, J., Mitchell, O., & Shimizutani, S. (2008). An Empirical Analysis of Patterns in the Japanese Long-Term Care Insurance System. Geneva Papers on Risk and Insurance, 33, 694-709.
- Piggott, J., Mitchell, O., & Kumru, C. (2008). Managing Public Investment Funds: Best Practices and New Questions. Journal of Pension Economics and Finance, 7(3), 321-356.
- Piggott, J., & Orszag, M. (2008). Trustee Perceptions of their Role and Effectiveness: The Australian Case. In J. Evans, M. Orszag & J. Piggott (Eds.), Pension Fund Governance in a Global Economy (pp. 200-219). Cheltenham, UK: Edward Elgar.
- Piggott, J., Evans, J., & Orszag, M. Introduction. In J. Evans, M. Orszag & J. Piggott (Eds.), Pension Fund Governance in a Global Economy (pp. 1-5). Cheltenham, UK: Edward Elgar.
- Piggott, J., & Purcal, S. (2008). Explaining Low Annuity Demand: An Optimal Portfolio Application to Japan. Journal of Risk and Insurance, 75(2), 493-516.
Research interests
- Economic impact of demographic change
- Economics of pensions and retirement
- Public finance
- Australian public policy
- Longevity Insurance
- Pension reform in Asia
Research grants
Major Recent Research Grants
- 2012 - 2017: Early Career Research support for CEPAR researchers. $1.25 million
- 2011-2015: ARC Australian Professorial Fellow, $400,000
- 2011-2012: ARC linkage, “Developing sustainable retirement policy in a Chinese province: the case of Zhejiang’ (with Bateman, Sherris Yao); $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
|
|
|
|
|
|
|
|
|