Working Papers

Op-eds - 2022

‘Sanctions are the least bad option against Putin’s aggression’, The Australian Financial Review, 28 February 2022.

‘Xi’s rightly wary of Fed tightening’, The Australian Financial Review, 19 January 2022.

posted on 19 January 2022 by skirchner

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Op-eds - 2021

‘Australian capital and talent is leaving home’, The Australian Financial Review, 22 December 2021.

‘China’s WTO Accession and US Economic Engagement 20 Years On’, Australian Outlook, 9 December 2021.

‘Omicron is the least of the problems for global trade’, The Australian Financial Review, 30 November 2021.

‘A geoeconomic alliance’, Australian Outlook, 14 October 2021.

‘Countering China’s trade coercion should be alliance agenda’, The Australian Financial Review, 21 September 2021.

‘The Australia-US Bilateral Investment Relationship in 2020: Taxing Times’, Australian Outlook, 6 July 2021.

‘US investors cool on Australia’, The Mandarin, 6 July 2021.

‘G7 tax deal a threat to refomers’, The Australian Financial Review, 7 June 2021.

‘Higher corporate taxes make paying for Biden’s spending harder’, The Australian Financial Review, 4 May 2021.

‘National security looms large for foreign investment’, The Mandarin, 20 April 2021.

posted on 20 April 2021 by skirchner

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Op-eds - 2020

‘Australia must avoid America’s demographic stagnation’, The Mandarin, 23 November 2020.

‘The US has turned its back on skilled migrants, giving Australia an opening’, The Conversation, 16 November 2020.

‘How the activist Fed will pile more pressure on the RBA’, The Australian Financial Review, 31 August 2020.

‘China’s behaviour warrants increased scrutiny of foreign investment’, The Mandarin, 9 July 2020.

‘The US is central to this China trade quarrel’, The Canberra Times, 25 May 2020.

‘Birmingham on thin ice challenging China to take Australia to the WTO’, Australian Financial Review, 14 May 2020.

‘What COVID-19 means for Australian productivity’, CEDA Blog, 22 April 2020.

‘Coronavirus means globalisation has suffered but we must not give up on trade links’, ABC Online, 17 April 2020.

‘RBA should have followed Fed’s lead’, The 45th, 25 March 2020.

‘It’d be a mistake to shut financial markets: more than ever, we need them to work’, The Conversation, 23 March 2020.

‘RBA’s foot-dragging leaves economy dangerously exposed’, The Australian Financial Review, 5 February 2020.

‘The evidence suggests Reserve Bank rate cuts don’t hurt confidence’, The Conversation, 4 February 2020.

‘US-China trade deal is spin for Trump’s failed protectionism’, Australian Financial Review, 23 January 2020.

‘Don’t bank on US dollar demise’, The Australian Financial Review, 9 January 2020.

posted on 09 January 2020 by skirchner

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Op-Eds - 2019

‘US protectionism a costly failure’, The Australian Financial Review, 16 December 2019.

‘Now we know. The Reserve Bank has spelled out what it will do when rates approach zero’, The Conversation, 27 November 2019.

‘The Treasurer should not let the RBA off the hook so easily’, Australian Financial Review, 6 November 2019.

‘Trump’s fake trade deal comes at a high price for global economy’, The Australian Financial Review, 14 October 2019.

‘When interest rates approach zero, the RBA must rethink monetary policy’, ABC Online, 8 October 2019.

‘Currency wars lack real weapons’, The 45th, 14 August 2019.

‘Beware of romaticising the legacies of Bretton Woods’, Australian Financial Review, 26 July 2019.

‘Quantitative easing does not increase inequality’, The Mandarin, 19 June 2019.

‘How the Reserve Bank would make quantitative easing work’, The Conversation, 18 June 2019.

‘US Fed shows the RBA is not about to “run out of ammunition”’, The 45th, 5 June 2019.

‘New government should put Phil Lowe on the hook for inflation’, The Mandarin, 9 May 2019.

‘Why a US-China trade deal won’t end the trade war’, The Australian Financial Review, 9 May 2019.

‘There are surprising answers to the puzzle of stagnant wages,’ The Australian Financial Review, 27 February 2017.

posted on 27 February 2019 by skirchner

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Op-Eds - 2018

‘Australia’s G20 plans died in Buenos Aires’, Medium, 6 December 2018.

‘Defending Australia’s open door: Don’t blame globalisation for populism’, The Australian Financial Review, 14 November 2018.

‘US bond bears are right, but for all the wrong reasons’, Business Insider, 12 October 2018.

‘US foreign investment a casualty of Donald Trump’s trade war’, The Australian Financial Review, 30 September 2018.

‘The so-called “Lehman moment” was more symptom than cause’, ABC Online, 12 September 2018.

‘Should national security be a deal-breaker’, The Sydney Morning Herald, 7 August 2018.

‘Donald Trump and US tariffs: A 1930s-style trade war will be hard to avert’, ABC Online, 11 July 2018.

‘Trump is fighting trade war against economic fundamentals’, The Australian Financial Review, 22 May 2018.

‘The RBA’s shift to worrying about financial stability could be hurting Australian wages’, The Conversation, 16 March 2018.

‘How Trump should really tackle Beijing’s technology thefts’, The Australian Financial Review, 8 April 2018.

‘Steel tariffs will take America back to the 1930s’, The Australian Financial Review, 2 March 2018.

‘Donald Trump has a chance to shape US monetary policy for years’, Australian Financial Review, 14 February 2018.

posted on 14 February 2018 by skirchner

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Op-eds - 2016

‘Economy’s engine room right size for job’, The Australian Financial Review, 11 January 2016.

posted on 11 January 2016 by skirchner

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Op-eds - 2014

‘Australia mustn’t jump the gun on macro-prudential policy’, Business Spectator, 25 July 2014.

‘Scapegoating investors won’t slow up house prices’, The Australian Financial Review, 10 July 2014.

‘Europe holds its breath for ECB action’, Business Spectator, 11 April 2011.

‘Official statistics need culture change’, Business Spectator, 27 March 2014.

‘Don’t blame foreigners for rising house prices’, The Sydney Morning Herald, 20 March 2014.

‘Forget trying to curb demand, build more houses’, The Australian, 23 January 2014.

‘Playing the currencies game is fraught with risk’, The Australian Financial Review, 5 January 2014.

posted on 13 January 2014 by skirchner

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Op-eds - 2013

‘We must fortify fiscal rules’, The Canberra Times, 16 December 2013.

‘We are still stuck in the pre-1983 era on fiscal policy’, The Australian Financial Review, 9 December 2013.

‘When regulation becomes political interference’, The Australian Financial Review, 3 December 2013.

‘Reforming the regulation of foreign direct investment’, Infinance (FINSIA), December 2013.

‘Credit controls won’t fix housing’, The Australian Financial Review, 3 October 2012.

‘A dollar of super is not a dollar saved’, Business Spectator, 25 September 2013.

‘Seizing a Sino free trade moment’, Business Spectator, 16 July 2013.

‘Why tax-free imports are a retail red herring’, Business Spectator, 24 June 2013.

‘Stamp out the anti-dumping dinosaur laws,’ Business Spectator, 5 June 2013.

‘Why a forex foray could burn the Reserve’, Business Spectator, 18 April 2013.

‘Increasing the super contribution rate is a second-rate solution’, The Conversation, 8 January 2013.

posted on 08 January 2013 by skirchner

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Op-eds - 2012

‘Better ideas than raising super guarantee’, Australian Financial Review, 28 November 2012.

‘The interest rate cut that wasn’t’, Business Spectator, 5 November 2012.

‘Prime Minister, this Asian century is so last century’, The Australian, 30 October 2012.

‘The buck must not stop with the RBA’, Business Spectator, 13 August 2012.

‘Coalition tightening of foreign investment policy a step backwards’, The Australian, 6 August 2012.

‘Why the euro project must end’, Business Spectator, 22 May 2012.

‘There are better ways to ensure state’s future’, The West Australian, 21 May 2012.

‘Independent body needed to preserve integrity of fiscal forecasts’, The Conversation, 21 May 2012.

‘How taxing housing diminishes affordability’, The Conversation, 18 April 2012. Reprinted in Business Spectator, 18 April 2012.

‘Murray’s Future Fund brace is broken’, Business Spectator, 23 March 2012.

‘Future Funds or Future Eaters? The case against a sovereign wealth fund for Australia’, The Conversation, 20 February 2012.

‘Give austerity a chance’, The Australian Financial Review, 8 February 2012.

‘A country that ‘makes things’? There’s more to Australia than manufacturing’, The Conversation, 17 January 2012.

posted on 08 February 2012 by skirchner

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Op-Eds - 2011

‘The long march of Fightback’, Online Opinion, 13 December 2011. Also published as ‘The Fightback! lesson: how politics can stymie good public policy’, Sydney Morning Herald, 26 December 2011.

‘Has the mining boom given us ‘too much luck’? Hardly’, The Conversation, 22 November 2011.

‘Time to revisit RBA Board’, The Australian Financial Review, 7 September 2011.

‘Keep an eye on the underlying economic threat, not market ups and downs’, The Conversation, 11 August 2011.

‘What our economists really think’, The Conversation, 26 July 2011.

‘Foreign investment will boost food security’, Australian Financial Review, 2-3 July 2011.

‘Budget office helps pollies, not punters, The Drum Unleashed, 20 May 2011.

‘Freddie Mac and Fannie Mae: guaranteed to fail?’ The Conversation, 17 May 2011.

‘Population growth makes us smarter, richer’, Newcastle Herald, 4 May 2011.

‘Trimming to fit budget’s reduced revenue’, The Australian, 13 April 2011.

‘A failure of political leadership’, Straits Times, 11 April 2011.

‘A forgotten financial failure’, Online Opinion, 16 March 2011. Also published in Business Spectator, 26 March 2011.

‘Anti-dumping rules have a greater potential to harm producers and consumers’, The Australian, 2 March 2011.

posted on 02 March 2011 by skirchner

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Op-Eds - 2010

‘Mortgage industry takes its $4bn win’, The Age, 14 December 2010.

‘Attacks on banks overlook effect of strong growth prospects’, The Australian, 18 November 2010.

‘Aussie banker bashing’, The Wall Street Journal, 16 November 2010.

‘G20 should tend to their own backyards’, The ABC Drum Unleashed, 16 November 2010.

‘Fiscal authority is the way to go’, The Australian, 21 September 2010.

‘A small Australia limits our creativity’, Sydney Morning Herald, 7 September 2010.

‘City got big but never grew up’, The Australian, 19 August 2010.

‘Avoiding the sovereign wealth fund risks’, The Australian, 15 July 2010.

‘Population zealots aim at the wrong targets’, The Australian, 12 May 2010.

‘Migrants add to growth hopes,’ The Canberra Times, 27 April 2010.

‘Bond Market Vigilantes Should Weigh Risks of Continued Inactivity’, The Sydney Morning Herald, 13 April 2010.

‘Misguided government gets poor return for largesse’, The Age, 17 March 2010.

‘Benefits Grow in Monthly CPI’, Canberra Times, 1 March 2010.

‘More Inscrutable than the Chinese’, The Australian, 19 February 2010.

‘Imbalances Essential to Global Economic System’, The Australian, 22 January 2010.

‘Economic Policy Must Re-Earn Our Respect’, Business Spectator, 20 January 2010.

posted on 20 January 2010 by skirchner

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Op-Eds - 2009

‘The seasonal satisfaction index’, The Sydney Morning Herald, 26 December 2009.

‘Labour Should Not Takes its Eyes Off the Target’, The Dominion Post (NZ), 21 December 2009.

‘Big spending, poor results’, The Australian, 16 December 2009.

‘Kiwi Monetary Muddle’, The Wall Street Journal, 23 November 2009.

‘Doomsayer Does His Dough’, The Australian, 18 November 2009.

‘End of Trend is Nigh for Central Bank Sales of Gold’, The Age, 17 November 2009.

‘More houses, not taxes’, The Australian, 12 November 2009.

‘US Dollar Down But Not Out as Kingpin of Global Finance’, The Australian, 5 November 2009. p. 28.

‘Forecasters sell Australia short’, Australian Financial Review, 14 October 2009. p. 63.

‘Canberra’s Investment Confusion’, Wall Street Journal, 29 September 2009.

‘Prophet der Pleite’, Juedische Allgemeine, 17 September 2009. (German) (with Oliver Hartwich)

‘Hewson Manifesto Was Ahead of its Time’, The Australian, 15 September 2009.

‘Economist with a Nose for Trouble’, The Age, 10 September 2009. (with Oliver Hartwich)

‘Treasurer’s Liberalisation Measures Should Go Deeper’, The Canberra Times, 5 August 2009.

‘NZ Tries Harder for Foreign Cash’, The Age, 31 July 2009.

‘Economic Debate Suffers from Too Much Reserve’, The Australian Financial Review, 24 July 2009.

‘End the Budget Sideshow’, The Australian, 15 July 2009. (with Robert Carling)

‘Short-Term Fixes Help Nobody’, The Weekend Australian, 20 June 2009. p. 19.

‘A Bother Over Banks’, Business Spectator, 20 June 2009.

‘Can’t Stop the Music’, Business Spectator, 10 June 2009.

‘The Madding Crowding Out’, The Age, 22 May 2009.

‘Hey Big Spender, Stop Stimulating’, The Australian, 14 May 2009.

‘Fear Canberra, Not Beijing’,  Business Spectator, 1 April 2009.

Should Keynes Have a Seat at the G20 Table?’ Australian Financial Review, 28-29 March 2009. pp. 28-29.

‘Don’t blame Greenspan’s monetary policy’, The Age, 19 March 2009.

‘Foreign Interest is All Win for Australia’, The Australian, 4 March 2009.

‘Plan delivers little bang for very big bucks’,  The Australian, 4 February 2009.

Public Will Wear the Risk’, Australian Financial Review, 28 January 2009.

Keynes was Wrong About the Paradox of Thrift’, The Australian Financial Review, 13 January 2009. p. 47.

posted on 22 June 2009 by skirchner

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Op-Eds - 2008 and Earlier

continue reading

posted on 22 June 2009 by skirchner

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Policy Articles

‘High Frequency Trading: Fact and Fiction’, Policy, 31(4): Summer 2015-16

‘How Economists Succeed (and Fail) to Influence Policy’, Policy, 29(1): Autumn 2013.

‘Commodity Prices and the Australian Economy: Trends versus Cycles’, Policy, 24(4): Summer 2008-09.

‘A “New Era” for the Reserve Bank?’ Policy, 24(1): Autumn 2008.

‘Fiscal Policy and Interest Rates in Australia’, Policy, 23(3): Spring 2007.

‘Future Fund or Future Eater?  The Opportunity Cost of Commonwealth Revenue Hoarding’, Policy, 22(3): Spring 2006.

The Mandarins of Martin Place’, Policy, 20(3): Spring 2004.

Australia Should Dump its Anti-Dumping Laws’, Policy, Summer 1992/93.

posted on 21 June 2009 by skirchner

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Other Journal Articles

‘The Reserve Bank of Australia’s pandemic response and the New Keynesian trap’, Agenda, Volume 28, Number 1, 2021.

‘The Effect of Changes in Monetary Policy on Consumer and Business Confidence’, The Australian Economic Review, 53(1), March 2020.

‘State of Confusion: Economic Policy Uncertainty and International Trade and Investment’, Australian Economic Review, 25 March 2019.

‘Money too tight to mention: The Reserve Bank of Australia’s financial stability mandate and low inflation’,Economic Analysis and Policy, 3 October 2018.

‘The G20 and Global Governance’, Cato Journal, 36(3), Fall 2016.

‘Foreign Direct Investment in Australia Following the Australia-US Free Trade Agreement’, Australian Economic Review, Vol. 45, No. 4, December 2012, pp. 410-21.

‘Federal Legislative Activism in Australia: A New Approach to Testing Wagner’s Law’, Public Choice, Volume 153, Issue 3, 2012, pp. 375-392.

‘Reforming Fiscal Responsibility Legislation’, Economic Papers, 30(1), March 2011, 29-32.

‘James Buchanan’s Normative Theory of the State’, Australian Journal of Political Science, 30(2), July 1995.

posted on 19 June 2009 by skirchner

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