The economics and finance group also work to develop tools to effectively utilise the large pools of data being generated in many fields – particularly the sciences – to answer questions relevant to the everyday lives of our citizens.
We ask question such as how we can use the data generated by weather forecasters to better predict the impact of disasters on households; and how that same weather data can be used to use the world's scarce resources more effectively by aligning the demand and supply of goods which are weather sensitive, including electricity or even householders' demand for foodstuffs.
”The beauty of interrogating all that data is that it’s not just giving economists the ability to forecast what the future could hold – it’s revealing things about our past that we would have never been privy to otherwise.
As a joint project with Associate Professor Hamish Maxwell-Stewart, a University of Tasmania historian, Professor Dungey is currently analysing a rare and little-known dataset on convict bank accounts in Australia, and says the insights so far have been incredible.“It’s just bizarre,” she says.
Prior to that she has held academic positions at the Australian National University and La Trobe University.
She has also worked at Econtech Consulting Group and the Reserve Bank of Australia, and held visiting positions at the IMF, University of Cambridge, Manchester University, Princeton University, the Federal Reserve Bank of Atlanta and Australian and New Zealand Treasuries.
Her teaching interests encompass Macroeconomics, Financial Econometrics and International Finance.