The Theory and Measurement of Stock-Market Indices

该项目应通过以下方式促进澳大利亚的创新文化 设计新的基准指标来评估企业的绩效 基金管理人(和其他用途)，从而鼓励分配 使资金发挥最大的效益。它将产生更好的 衡量资产价格通胀的指标比目前存在的任何指标都要高 它将在以下情况下对储备银行有用 货币政策。这一项目还将提高 澳大利亚大学是尖端学术中心 研究，为博士生提供一个论文主题，并帮助建立 学术界和私营部门之间的联系。

This project should promote an innovation culture in Australia by designing new benchmark indices for evaluating the performance of fund managers (and other uses), thus encouraging the allocation of funds to their most productive uses. It will produce a better measure of asset price inflation than any currently in existence which will be of use to the Reserve Bank in the setting of monetary policy. This project will also enhance the reputation of Australian universities as centres of cutting-edge academic research, provide a thesis topic for a PhD student, and help build links between the academic and private sectors.