CV
Work Experience
Aug 2022 – Present: NAB, Melbourne, Australia
Associate Director Quantitative (credit risk modelling).
Jun 2022 – Present: Monash University, Melbourne, Australia
Senior Research Fellow, Econometrics, Department of Econometrics and Business.
Jan 2022 – Jul 2022: ANZ, Melbourne, Australia
Senior Stress Testing and Forecasting Manager.
Jan 2017 – Jan 2022: Monash University, Melbourne, Australia
Senior Lecturer, Econometrics, Department of Econometrics and Business.
Feb 2015 – Jan 2017: RMIT University, Melbourne, Australia
Senior Lecturer, Economics, School of Economics, Finance and Marketing.
Apr 2012 – Jan 2015: Moody’s Analytics, Perth, Australia
Senior Economist in Credit Analytics, Moody's Economy.com.
Jan 2010 – Mar 2012: University of Technology Sydney (UTS), Sydney, Australia
Senior Lecturer, School of Economics and Finance.
Feb 2006 – Aug 2009: Moody’s Analytics, Sydney, Australia
Senior Economist, Moody's Economy.com.
Jun 2006 – Dec 2006: Monash University, Melbourne, Australia
Lecturer in Economics, Department of Economics.
Apr 2005 – Jan 2006: Office for National Statistics, London, United Kingdom
Prices Researcher.
Apr 2000 – Feb 2001: Statistics New Zealand, Wellington, New Zealand
Economic Statistician.
Education
Feb 2001 – Feb 2005: University of New South Wales (UNSW), Australia
PhD in Economics
Feb 1996 – Nov 1999: Victoria University Wellington, New Zealand
Economics Honours (First Class)
Bachelor of the Arts (Double Major in Economics and History)
Published Research
Melser, D., Le, T. and Ruthbah, U. (2024), “Climate Change and its Impact on Home Insurance Uptake in Australia”, Ecological Economics (forthcoming).
Melser, D. (2022), “Selection Bias in Housing Price Indexes: The Characteristics Repeat Sales Approach”, Oxford Bulletin of Economics and Statistics 85(3), 623-637.
Melser, D. (2022), “The Housing Market Reaction to the Combustible Cladding Crisis: Safety or Financial Concerns?”, Urban Studies 60(4), 620-637.
Melser, D. ViforJ, R. O. and Wood, G. (2022), "Exploring the many housing elasticities of supply: the case of Australia", Cities 128(9), 103817.
Moallemi, M., Melser, D., and Kim, J. S. (2021), “Preferences for Single-Sex Schools: Evidence from the Housing Market”, Journal of Economic Behavior & Organization 189, 710-726.
Moallemi, M., D. Melser, A. De Silva and X. Chen (2021), “The Globalization of Local Housing Markets: Immigrants, the Motherland and Housing Prices in Australia”, The Journal of Real Estate Finance and Economics 65, 103-126.
Melser, D. and M. Webster (2021), “Multilateral Methods, Substitution Bias, and Chain Drift: Some Empirical Comparisons”, Review of Income and Wealth 67(3), 759-785.
Melser, D. (2020), “Estimating the Housing Capitalization Effects of New Infrastructure: Should we be Using Rents Instead of Prices?”, Transportation Research Part A: Policy and Practice 138, 402-421.
Moallemi, M. and Melser, D. (2020), “The Impact of Immigration on Housing Prices in Australia”, Papers in Regional Science 99(3), 773-786.
Moallemi, M. and Melser, D. (2019), “Examining the Economic Interactions Between Australia’s Regions: Results from a Global VAR”, Economic Record 95(S1), 79-99.
Melser, D. and Hill, R. J. (2019), “Residential Real Estate, Risk, Return and Diversification: Some Empirical Evidence”, Journal of Real Estate Finance and Economics 59 (1), 111-146.
Melser, D. (2018), “Valuing the Quantity and Quality of Product Variety to Consumers”, Empirical Economics, 1-22, DOI: https://doi.org/10.1007/s00181-018-1532-6.
Melser, D. (2018), “Scanner Data Price Indexes: Addressing Some Unresolved Issues”, Journal of Business and Economics Statistics 36(3), 516-522.
Melser, D. and Syed, I. A. (2017), “The Product Life Cycle and Sample Representativity Bias in Price Indexes”, Applied Economics 49(6), 573-586.
Melser, D. (2017), "Disaggregated Property Price Appreciation: The Mixed Repeat Sales Model", Regional Science and Urban Economics 66, 108-118.
Melser, D. (2016), “Prices Over the Business Cycle: Micro-Level Evidence from Scanner Data”, Economics Bulletin 36(4), 1922-1928.
Gao, G. and Melser, D. (2016), “Revealed Preference Measures of Quality of Life in Australia's Urban and Regional Areas”, Economic Record 92(S1), 15-29.
Melser, D. and Syed, I. A. (2016), “Life Cycle Price Trends and Product Replacement: Implications for the Measurement of Inflation”, Review of Income and Wealth 62(3), 509-533.
Hill, R. J. and Melser, D. (2015), “Benchmark Averaging and the Measurement of Changes in International Income Inequality”, Review of World Economics 151(4), 767-801.
Melser, D. and Lee, A. (2014), “Estimating the Excess Returns to Housing at a Disaggregated Level: An Application to Sydney 2003-2011”, Real Estate Economics 42(3), 756-790.
Fox, K. J. and Melser, D. (2014), “Non-linear Pricing and Price Indexes: Evidence and Implications from Scanner Data”, Review of Income and Wealth 60(2), 261-278.
Melser, D. (2013), “Multilateral Index Number Theory and Generalized Repeat Sales House Price Indexes”, Applied Economics Letters 20(8), 786-789.
Melser, D. (2013), “How Well Do Australian Homeowners Know the Value of Their Home?”, Australian Economic Review 46(1), 31-44.
Hill, R. J., Melser, D. and Syed, I. A. (2009), “Measuring a Boom and Bust: The Sydney Housing Market 2001-2006”, Journal of Housing Economics 18(3), 193-205.
Hill, R. J. and Melser, D. (2008), “The Hedonic Imputation Method and the Price Index Problem: The Case of House Price Indexes”, Economic Inquiry 46(4), 593-609.
Melser, D. and Hill, R. J. (2007), “Methods for Constructing Spatial Cost of Living Indexes”, Statisphere, Official Statistics Research Series 1, Article 3.
Melser, D. (2006), “Accounting for the Effects of New and Disappearing Goods Using Scanner Data”, Review of Income and Wealth 52(4), 547-568.
Melser, D. and Robertson, P. E. (2005), “Ecolabeling, Trade and the GM Food Debate”, World Economy 28(1), 49-62.
Melser, D. (2005), “The Hedonic Regression Time-Dummy Method and the Monotonicity Axiom”, Journal of Business and Economic Statistics 23(4), 485-492.
Prizes, Honours and Administration
2021: Associate Editor of Australian Economic Papers.
2019 - 2022: Member of the committee which awards the Kendrick Prize for the best paper in the Review of Income and Wealth.
2017: Won best paper in the refereed section of the European Real Estate Society (ERES) Conference (held at the Delft University of Technology, the Netherlands).
2016: Awarded the Kendrick Prize for the best paper in the Review of Income and Wealth (along with Iqbal Syed).
2011 - 2014: Editorial Board for the Review of Income and Wealth.