Areas of expertise

• Economics of population ageing
• Government’s role in the economy
• General economics

Profile

Ross Guest is a Professor of Economics in the Griffith Business School, an Adjunct Professor at ANZSOG and a Teaching Fellow with the Australian Learning and Teaching Council (ALTC). He currently teaches Public Economics at Griffith and also coordinates the Queensland delivery of the ANZSOG Executive Masters subject, Government in the Market Economy. 

Prof Guest has 20 years experience in teaching university economics at various levels in Victoria and Queensland and holds formal teaching qualifications. In 2006, he was awarded a Citation for Outstanding Contribution to Student Learning by the ALTC. His current research program is concerned with the economics of population ageing in Australia and other countries. He has published many articles on this and other topics in national and international journals, and was an invited participant at the Australia 2020 Summit.

Programs

Prof Guest currently teaches in the following ANZSOG courses:

Core programs

• Executive Master of Public Administration (EMPA)
  – Government in a Market Economy (GME – course leader)

Executive education

• Economics for Public Sector Managers (EPSM – course leader)

Recent publications

Books
Book chapters
Journal articles
Papers

Books

• Guest, R 2010, Government in a market economy: applications and case studies, Cengage Learning Australia, Melbourne.
• Guest, R & Creedy, J 2009, Population ageing, pensions and growth, Edward Elgar, Cheltenham.
• Guest, R & Creedy, J 2007, New developments in the economics of ageing, Edward Elgar, Cheltenham.

Book chapters

• Guest, R, Prskawetz, A & Fent, T 2007, ‘Workforce aging and labor productivity: the role of supply and demand for labor in the G7’, in A Prskawetz, D Bloom & W Lutz (eds.), Population aging, human capital accumulation, and productivity growth: a supplement to population and development review, Population Council, New York City.
• Guest, R 2007, ‘Australia's future fund: a social welfare analysis’, in H Ogawa, R Clark & A Mason (eds.), Population aging, international transfers and the macroeconomy, Edward Elgar, Cheltenham.
• Guest, R 2007, ‘Population ageing, housing demand and house prices in Australia: a microsimulation analysis’, in A Harding & A Gupta (eds.), Modelling our future: population ageing, social security and taxation, vol. 1, Elsevier, Amsterdam.
• Guest, R & McDonald, I 2007, ‘The effect of world fertility scenarios on international living standards?’, reprinted in J Creedy & R Guest (eds.), New developments in the economics of ageing, Edward Elgar, Cheltenham.
• Guest, R & McDonald, I 2003, ‘Prospective demographic change and Australia's living standards in the 21st century’, in P Dawkins & P Kelly (eds.), Hard heads, soft hearts: a new reform agenda for Australia, Allen & Unwin, Sydney.
• Guest, R 2002, ‘Growth and income inequality in advanced, capitalist, stable economies: evidence from Australia’, in A Levy (ed.), Economic growth, inequality and migration: national and international perspectives, Edward Elgar, Cheltenham.
• Guest, R & McDonald, I 2002, ‘Demographic change, foreign debt and intergenerational change’, in A Levy (ed.), Economic growth, inequality and migration: national and international perspectives, Edward Elgar, Cheltenham.
• Guest, R & McDonald, I 2000, ‘Population ageing, optimal national saving and investment’, in S Dahiya (ed.), The current state of business administration, business economics, commerce, accounting, finance, banking, marketing and management, Spellbound Publications, Rohtak, India.

Journal articles

• Guest, R 2011 (forthcoming), ‘Social time preference and the optimal carbon price’, Applied Economics Letters.
• Guest, R & Parr, N 2011 (forthcoming), ‘The effects of family benefits on childbearing decisions: a household optimising approach applied to Australia’, The Economic Record.
• Guest, R 2010, ‘The proposed privatisation of Queensland Motorways’, Economic Papers, vol. 29, no. 1, pp. 23–33.
• Guest, R 2010, ‘Population ageing, capital intensity and labour productivity’, Pacific Economic Review, vol. 15, no. 1, pp. 87–115.
• Guest, R 2010, ‘Policy options to increase retirement saving in Australia: an overview’, Australian Economic Review, vol. 43, no. 3, pp. 293–301.
• Guest, R & Swift, R 2010, ‘Population ageing and house prices in Australia’, Australian Economic Review, vol. 43, no. 3, pp. 240–253.
• Guest, R & McDonald, I 2010, ‘Other-regarding Uzawa preferences and living standard catch-up’, Pacific Economic Review, vol. 15, no. 1, pp. 87–115.
• Guest, R 2010, ‘Global demographic change, carbon emissions, the optimal carbon price and carbon abatement’, Global Economy Journal, vol. 10, no. 2, article 8.
• Guest, R 2010, ‘The economics of sustainability in the context of climate change: an overview’, Journal of World Business, vol. 45, no. 4, pp. 326–335.
• Guest, R 2009, ‘Seeking the elusive town and gown dialogue: the inaugural Australian Economic Forum’, Agenda, vol. 16, no. 4, pp. 107–114.
• Guest, R 2009, ‘The economics of carbon abatement: an integrated diagrammatic framework’, Economic Papers, vol. 28, no. 2, pp. 93–101.
• Guest, R 2008, ‘Evaluating public policy responses to the economic burden of population ageing with application to Australia’, Journal of Population Research, vol. 25, no. 2, pp. 99–118.
• Guest, R & Creedy, J 2008, ‘Changes in the taxation of private pensions: macroeconomic and welfare effects’, Journal of Policy Modelling, vol. 30, no. 5, pp. 693–712.
• Guest, R & Swift, R 2008, ‘Fertility, income inequality and labour productivity’, Oxford Economic Papers, vol. 60, no. 4, pp. 597–618.
• Guest, R & Creedy, J 2008, ‘The labour supply and savings effects of superannuation tax changes’, Australian Economic Papers, vol. 47, no. 1, pp. 1–14.
• Guest, R & Creedy, J 2008, ‘Discounting with the time preference rate’, Economic Record, vol. 84, no. 264, pp. 109–127.
• Guest, R 2008, ‘Smoothing the fiscal costs of population ageing in Australia: effects on intergenerational equity and social welfare’, Economic Record, vol. 64, no. 265, pp. 177–192.
• Guest, R 2008, ‘The 2020 Summit: population, sustainability, climate change and water’, Agenda, vol. 15, no. 2, pp. 9–12.
• Guest, R & Creedy, J 2008, ‘Population ageing and intertemporal consumption representative agent versus social planner’, Economic Modelling, vol. 25, no. 3, pp. 485–498.
• Guest, R & McDonald, I 2007, ‘Global GDP shares in the 21st century: an equilibrium approach’, Economic Modelling, vol. 24, no. 6, pp. 859–877.
• Guest, R & Davidson, S 2007, ‘The fiscal consequences of superannuation reform’, Agenda, vol. 14, no. 1, pp. 5–15.
• Guest, R 2007, ‘Can OECD countries afford demographic change?’, Australian Economic Review, vol. 40, no. 2, pp. 1–16.
• Guest, R 2007, ‘Innovations in macroeconomic modelling of population ageing’, Economic Modelling, vol. 24, no. 1, pp. 101–119.
• Guest, R 2007, ‘The Baby Bonus: a dubious policy initiative’, Policy, vol. 23, no. 1 (Autumn), Centre for Independent Studies, pp. 11–15.
• Guest, R & Buckridge, M 2007, ‘A conversation about pedagogical responses to increased diversity in university classrooms’, Higher Education Research and Development, vol. 26, no. 2, pp. 133–146.
• Guest, R 2006, ‘Population ageing, fiscal pressure and tax smoothing: a CGE application to Australia’, Fiscal Studies, vol. 27, no.2, pp. 183–204.
• Guest, R 2006, ‘Demographic change in the Asia-Pacific: the effect on average living standards’, Journal of the Asia-Pacific Economy, vol. 11, no. 3, pp. 229–248.
• Guest, R 2006, ‘Population ageing, capital mobility and optimal saving’, Journal of Policy Modelling, vol. 28, no. 1, pp. 89–102.
• Guest, R 2006, ‘The undergraduate fee and enrolment decisions facing Australian universities from 2005’, Education Economics, vol. 14, no. 1, pp. 31–58.
• Guest, R 2005, ‘A potential dividend from workforce ageing in Australia’, Australian Bulletin of Labour, vol. 31, no. 2, pp. 135–154.
• Guest, R 2005, ‘A life cycle analysis of housing affordability options for first home buyers in Australia’, The Economic Record, vol. 81, no. 254, pp. 237–248.
• Guest, R & Shacklock, K 2005, ‘The impending shift to an older mix of workers: perspectives from the management and economics literatures’, International Journal of Organisational Behaviour, vol. 10, no. 3, pp. 713–728.
• Guest, R 2005, ‘Will flexible learning raise student achievement?’, Education Economics, vol. 13, no. 3, pp. 287–298.
• Guest, R 2004, ‘The truth about the costs of population ageing’, Policy, vol. 20, no. 2 (Winter), Centre for Independent Studies.
• Guest, R & McDonald, I 2004, ‘Demographic transition and optimal saving in four Asian countries’, Economic Analysis and Policy, vol. 34, no. 1, pp. 1–13.
• Guest, R 2004, ‘Book review: "Policies to boost Australian saving"’ by O Covick (ed.), Wakefield Press, Kent Town SA, The Economic Record, vol. 80, no. 248, p.134.
• Guest, R 2004, ‘Book review of "The unchained university"’, by A Norton, Centre for Independent Studies, Sydney, The Australasian Journal of Economic Education, vol. 1, no. 1, pp. 85–87.
• Guest, R, Bryant, J & Scobie, G 2004, ‘Population ageing in New Zealand: implications for living standards and the optimal rate of saving’, New Zealand Economic Papers, vol. 38, no. 1, pp. 1–20.
• Guest, R & McDonald, I 2004, ‘The effect of world fertility scenarios on international living standards?’, The Economic Record, vol. 80, no. 1, pp. S1–S12.
• Guest, R 2004, ‘Superannuation, owner-occupied housing demand and private saving in Australia’, The Australian Economic Review, vol. 37, no. 2, pp.198–204.
• Guest, R, Brown, K, Gallery, G & Gallery, N 2004, ‘Defined benefit or accumulation plan? Superannuation choices of Australian academics’, Journal of Industrial Relations, vol. 46, no. 1, pp. 1–20.
• Guest, R & McDonald, I 2003, ‘Was Japan's level of investment in the 1990's excessive?’, Singapore Economic Review, vol. 48, no. 1, pp. 13–26.
• Guest, R & McDonald, I 2003, ‘How much support will the taxpayer provide for us when we are old?’, Economic Papers, vol. 22, no. 1, pp. 1–12.
• Guest, R & McDonald, I 2003, ‘Vintage versus homogeneous capital in simulations of population ageing: does it matter?’, Applied Economics Letters, vol. 10, no. 3, pp. 149–154.
• Guest, R & Duhs, A 2003, ‘Quality assurance and the quality of university teaching’, Australian Journal of Education, vol. 47, no. 1, pp. 40–57.
• Guest, R 2003, ‘Modifying the Taylor-Romer model of macroeconomic stabilisation for teaching purposes’, International Review of Economic Education, vol. 2, pp. 55–68.
• Guest, R & Vecchio, N 2003, ‘Are there learning spillovers in introductory macroeconomics’, International Review of Economic Education, vol. 1, pp. 36–60.
• Guest, R & McDonald, I 2002, ‘Prospective demographic change and Australia's policy agenda for the 21st Century’, People and Place, vol. 10, no. 2, pp. 6–15.
• Guest, R & McDonald, I 2002, ‘Superannuation, population ageing and living standards in Australia’, Economic Analysis and Policy, vol. 32, no. 1, pp. 19–34.
• Guest, R & McDonald, I 2002, ‘Would a decrease in fertility be a threat to living standards in Australia’, Australian Economic Review, vol. 35, no. 1, pp. 29–44.
• Guest, R 2002, ‘A simulation approach to the Taylor-Romer model of macroeconomic stabilisation’, Computers in Higher Education Economics Review, vol. 15, no. 1, pp. 2–7.
• Guest, R & Duhs, A 2002, ‘Economics teaching in Australian universities: rewards and outcomes’, The Economic Record, vol. 78, no. 241, pp. 147–160.
• Guest, R, Vecchio, N & Jackson, S 2001, ‘Determinants of socioeconomic status of the aged on Queensland's Gold Coast: does gender matter?’ Economic Papers, vol. 20, no. 3, pp. 43–58.
• Guest, R & McDonald, I 2001, ‘The volatility of the socially optimal level of investment’, Journal of Policy Modelling, vol. 23, no. 8, pp. 901–928.
• Guest, R & McDonald, I 2001, ‘How Uzawa preferences improve the simulation properties of the small open economy model’, Journal of Macroeconomics, vol. 23, no. 3, pp. 417–440.
• Guest, R & McDonald, I 2001, ‘Ageing, immigration and optimal national saving in Australia’, The Economic Record, vol. 77, no. 237, pp. 117–134.
• Guest, R & McDonald, I 2001, ‘The impact of population ageing on the socially optimal level of national saving: an application to Japan and Australia’, Review of Development Economics, vol. 5, no. 2, pp. 312–327.
• Guest, R & McDonald, I 2001, ‘National saving and population ageing’, Agenda, vol. 8, no. 3, pp. 235–246.
• Guest, R 2001, ‘The instructor's optimal mix of teaching methods", Education Economics, vol. 9, no. 3, pp. 313–326.
• Guest, R & Carey, P 2000, ‘Determining the optimal external audit interval for private (and family controlled) companies’, Journal of Accounting, Auditing and Finance, vol. 15, no. 4, pp. 439–458.
• Guest, R & Wyatt, K 2000, ‘An evaluation of changes to the taxation of capital gains for individuals’, Journal of Accounting, Accountability and Performance, vol. 6, no. 2, pp. 109–116.
• Guest, R & McDonald, I 2000, ‘Population ageing and projections of government social outlays in Australia’, Australian Economic Review, vol. 33, pp. 49–64.

Papers

• Guest, R, Bryant, J & Scobie, G 2003, ‘Population ageing in New Zealand: implications for living standards and the optimal rate of saving with a flexible real exchange rate’, New Zealand Treasury Working Paper 03/34.
• Guest, R, Besanger, S & McDonald, I 2000, 'Demographic change in Asia: the impact on optimal national saving, investment and the current account', International Monetary Fund (IMF) Working Paper (June).