Marcel Peruffo retweeted
This is a terrific and terrifying read from @insteconomics
Australia truly is the anti-Abundance nation
It's self-inflicted damage
We keep shooting ourselves in the foot and then wondering why we can't sprint anymore
Planning regulations add $42,000 in compliance costs to an attic renovation -- for no discernible benefit (other than as a make-work scheme for consultants).
stephenkirchner.substack.com…
Curitiba highest quality in LatAm?
Sydney and Frankfurt higher quality than Melbourne?
No surprises here 😉
Marcel Peruffo retweeted
We were delighted to welcome @josephmullins as keynote speaker for the RC Mills Memorial Lecture. Jo drew on new evidence about the #economics of childhood & how investments made in children can shape #policy
Thank you Jo, and to our alumni, staff and friends who joined us 🎉
I hear it’s the last day to apply to our research -AP position! @USydneyEcon
Come join us!
Our School at Economics is (also) offering an education-focused position. If you’re passionate about teaching and want to join us, apply here: usyd.wd105.myworkdayjobs.com…
Remember we are also hiring a research position (assistant professor)! usyd.wd105.myworkdayjobs.com…
Marcel Peruffo retweeted
Very happy to be organising with G. Nodari and M. Fink, Economic Research
@RBAInfo
and
@SedlacekPe
the RBA Quantitative Macroeconomics Workshop. It will be held in Sydney on 9-11 December 2026. Submit a draft of your paper to [email protected] by Friday 28 August 2026.
Marcel Peruffo retweeted
We're offering 2 lecturer roles (assistant prof) @USydneyEcon
One is full time 3 year full time fixed term position as #macro Lecturer
Closes 29 Jul👉🏼bit.ly/macro3yrlecturer
Other is for an education focused Lecturer for 12 months
Closes 22 July👉🏼bit.ly/1yrfixedlecturer
Come join us!
Our School at Economics is (also) offering an education-focused position. If you’re passionate about teaching and want to join us, apply here: usyd.wd105.myworkdayjobs.com…
Remember we are also hiring a research position (assistant professor)! usyd.wd105.myworkdayjobs.com…
We are hiring in the field of Macroeconomics!
Join our group of >10 macro faculty and the vibrant macro community in Sydney (RBA, other unis, and more!).
Give me a shout if you want to talk about life in Sydney and work with us!
The School of Economics is HIRING!
Position is full time, fixed term for 3 years. Looking for outstanding #macroeconomists for this teaching & research position as Lecturer *or Assistant Prof equiv
Apply now 👇
wd105.myworkday.com/usyd/d/i…
#teachusyd #econ #lecturer #assistantprof
Marcel Peruffo retweeted
On 14-15 Dec, @E61Institute and @UNSW will host the latest edition of the Macro4Micro workshop in Sydney, Australia. Details here: e61.in/events/m4m-micro-for-…
Confirmed speakers include @glviolante, @itskhoki, @JonSteinsson and Emi Nakamura.
Would love to see you in Sydney - please consider submitting a paper and spread the word!
Marcel Peruffo retweeted
This week I'm running a series of three episodes on Australian immigration policy.
Immigration is one of the most important yet poorly understood areas of Australian public policy.
I learned this first-hand last year, after I did an interview with Abul Rizvi, a former Deputy Secretary of the Department of Immigration. The quality of responses to that interview by otherwise smart people showed me there's a real absence of knowledge about how the system actually works. People are starved of good information here in a way they aren't for other policy areas.
Part of the reason for this is simply that most Australians don't have direct experience with the immigration system because they're not themselves immigrants. In contrast, people have more contact with, for example, the housing system, because they're either homeowners or renters, and so their opinions about housing are somewhat more informed than their opinions about immigration.
But the other reason is that there seems to be a dearth of good intellectual content on immigration policy. In comparison, take defence and foreign policy: it feels like every couple of years in Australia we produce and then debate a really good new book in that field.
Who is our Hugh White for immigration policy?
There's been some excellent work on immigration policy over the last few decades, some of which we discuss in this series. But it feels less frequent or less prominent than in other fields.
Recently I've been puzzling over why high-quality analysis on immigration seems relatively scarce. I don't have a complete answer, but I suspect at least part of it is that immigration policy feels intellectually low-status. Or to put it differently: it just doesn't excite people's intellectual curiosity (as distinct from their tribal passions) as much as topics like housing, AI, or foreign affairs. People who could write about it, and people who would read about it, don't fully realise how interesting it can be. (I was one of these people until a couple of years ago.)
Immigration policy appears boring possibly because it feels like something that we have both no control over and complete control over -- like some combination of "the weather" and "accounting". On the one hand, it's always there in the background, and feels like it just happens to us. On the other hand, it's this clockwork system of categories and lists, points and quotas. Both framings lead to the same outcome: intellectually checking out.
But checking out is a mistake because immigration is no longer (if it ever was) merely a task for technocrats. We've arrived at a moment, as we have at only a few other times in our history, where immigration policy requires momentous choices. Immigration literally built Australia. And whether we get it right or wrong over the next few years could shape our national fortune as powerfully as assisted passage did in the 19th century, or the postwar migration program in the 20th century.
To provide people with as much high-quality information as possible, I decided to do a series on Australian immigration policy. In constructing the series, I wanted to boil immigration down to three (more or less) mutually exclusive, collectively exhaustive interviews:
1. The economics of immigration policy.
2. The history of immigration to Australia.
3. The social cohesion, cultural, and security dimensions of immigration policy.
Then I went out to find the best guest to speak to each of those topics. As luck would have it, I was able to wrangle each guest.
For economics, it was Martin Parkinson. Martin ran Treasury, then PM&C, then chaired the Australian government's 2023 Migration Review -- the most substantial review of our migration system in more than three decades.
For history, it was Mark Cully. Mark was chief economist at the Department of Immigration from 2009 to 2012. He has just written what will really be the first general history of immigration to Australia, all the way from assisted passage in the 1830s to the present day. The book, Waves of Plenty, is out in September. (That Australia hasn't had a general history of its immigration until 2026 is further proof of the strange undersupply of immigration content.)
And third was Mike Pezzullo. Mike ran Australia's immigration and border protection apparatus for almost a decade. He oversaw Operation Sovereign Borders, the policy that stopped the boats. Then he was appointed Secretary of the Department of Immigration and Border Protection from 2014, leading it through its transition into the mega-department of Home Affairs, until his departure in 2023. Few officials with his depth of recent experience are out of the department and able to share what they know about how the system actually works.
Getting immigration policy right is more important now than at any point in my lifetime. And yet the quality of the debate seems to be as poor as it's ever been.
We're not asking good questions, by which I mean we're not asking specific enough questions. The debate so far has occurred at a very low level of resolution.
So I hope these interviews help people understand how the system actually works, the trade-offs involved, what we can reasonably expect of our immigration system in 2026 and beyond. And some questions we should be asking to improve it.
Marcel Peruffo retweeted
School of Economics at USYD @USydneyEcon is on the market for a new Head of School. The deadline to apply is February 4. Position: timeshighereducation.com/uni…
Marcel Peruffo retweeted
New Discussion Paper by M. Lenza & O. Tristani: “Heterogeneity in macroeconomics” ecb.europa.eu/pub/pdf/scpdps…
Had heaps of fun visiting Glasgow Uni (the Adam Smith School of Business!) thanks for the hospitality Georgios and @DingSai !
@USydneyEcon @UofGAsbs
Marcel Peruffo retweeted
A map of Sydney showing top country of birth by suburb, excluding Australia.
The clustering is striking.
People like living near others of the same ethnic group.
sbs.com.au/news/article/how-…
Marcel Peruffo retweeted
More honest would be: "We're raising taxes on those who didn't go to university, to enrich those who did."
We’re slashing student debt to ease pressure on young people.
Getting back to @Griffith_Uni in our community meant I could hear directly from students like Olivia who benefit from this important @AustralianLabor policy.
Marcel Peruffo retweeted
📢 The Micro 4 Macro Workshop 2025 is coming back to Sydney!
🗓 15–16 Dec | 📍 UNSW Kensington
Hosted by @e61_institute & @UNSW, the workshop unites top economists to explore how micro heterogeneity shapes macro outcomes.
⚠️ In-person only, spots limited → eventbrite.com.au/e/micro-4-…
Stay updated → e61.in/subscribe/
Marcel Peruffo retweeted
"Building more houses doesn't create wealth" is one of the dumbest things I have ever heard anyone say
Marcel Peruffo retweeted
Just got back from this year’s @KansasCityFed Jackson Hole Symposium. What a special place!
Beautiful scenery, interesting papers, and great discussions.
I presented new work with @a_auclert, @HannesMalmberg1, Matt Rognlie… 🧵

























