CV LIANA JACOBI (March, 2025)
Personal Details:
Department of Economics, Phone: + 61 8344 8177
The University of Melbourne, Email: ljacobi "at" unimelb "dot" edu.au
Level 4, FBE Building 105,
Parkville, Vic 3010
Employment and Affiliations
2023 - present Professor, Department of Economics, The University of Melbourne, Australia
2017 - 2022 Associate Professor, Department of Economics, The University of Melbourne, Australia
2010 - 2016 Senior Lecturer, Department of Economics, The University of Melbourne, Australia
2008 - present Research Affiliate, Institute for the Study of Labour, Bonn, Germany
2006 - 2010 Lecturer, Department of Economics, The University of Melbourne, Australia
Academic Education
Ph.D. in Economics, Washington University in St. Louis, 2005
M.A., Washington University in St. Louis, 2000
Masters in Economics and Business, Otto Friedrich Universitaet Bamberg, 1997
Research Interests
Theoretical and Applied Econometrics, Bayesian Inference, Markov Chain Monte Carlo Methods, Causal Inference and Treatment Effects, Health Economics, Labour Economics.
Research Grants
ARC Future Fellowship 2018-2023: Bayesian analysis of individual decisions in health and labour economics, awarded June 2017.
ARC Discovery Project Grant 2018-2020: Prior Sensitivity Analysis for Bayesian Markov Chain
Monte Carlo Output, joint with Dan Zhu, awarded November 2017.
MBS-FBE Collaboration Initiative Grant for Establishment of Research Group in Bayesian Analysis and Modelling 2014-2016, awarded June 2014
Faculty Eminent Research Scholar Grant 2014, awarded May 2014
Faculty Visiting Scholar Grant 2013: The Market for Cannabis: The Role of Limited Accessibility, Legality, and Preferences, joint with Michelle Sovinsky, awarded November 2012
Faculty Research Grant 2011: Analysis of the labour market effects on maternity leave: A Bayesian multi-level treatment model for panel outcomes with variable selection, awarded
December 2010
ARC Discovery Project Grant 2010-2013: An Econometric Analysis of the Impact of Education on
Health in Developing Countries, joint with Jenny Williams, Jan van Ours, Michael Grossman, Liana Jacobi and Mabel Andalón, awarded November 2010
Faculty Research Grant 2009: Exploring Individual Heterogeneity in Experimental Data using Bayesian Methods, awarded December 2008 .
ARC Discovery Project Grant 2008-2009 as sole CI: Bayesian Analysis of Treatment Effects in
Experiments with Imperfect Compliance, awarded November 2007
Faculty Research Grant 2006/2007: University of Melbourne: Comparison of Alternative
Identification Strategies for Estimating Treatment Effects in the Presence of
Unobserved Confounders, awarded July 2006.
Competitive Summer Research Grant, Washington University, Summer 2001/2002/2003.
Refereed Journal Articles
Kwok, C. F., Zhu D. and Jacobi, L. (2025). An Analysis of Vectorised Automatic Differentiation for Statistical Application, Stats 8(2), 40.
Jacobi, L., & Zhu, D. and Joshi M. (2024). Estimating Posterior Sensitivities with Application to Structural Analysis of Bayesian Vector Autoregressions, Journal of Business & Economic Statistic, 40 (1), 134-149.
Jacobi, L., Kwok, C. F., Ramírez-Hassan, A. & Nghiem, N. (2024). Posterior manifolds over prior parameter regions: beyond pointwise sensitivity assessments for posterior statistics from MCMC Inference. Studies in Nonlinear Dynamics & Econometrics, 28(2), 403-434.
Wagner, H., Fruehwirth-Schnatter, S. & Jacobi, L. (2023). Factor-augmented Bayesian treatment effects models for panel outcomes. Econometrics and Statistics, 28, pp.63-80.
Chan, J. C., Jacobi, L., & Zhu, D. (2022). Automated Prior Sensitivity Analysis for Marginal Likelihood Estimation. Journal of Applied Econometrics 37(3), 583-602.
Jacobi, L., Nghiem, N., Ramírez-Hassan, A. & Blakely, T. (2021). Food Price Elasticities for Policy Interventions: Estimates from a Virtual Supermarket Experiment in a Multistage Demand Analysis with (Expert) Prior Information. Economic Record 97, 457-490 (https://doi.org/10.1111/1475-4932.12640).
Chan, J. C., Jacobi, L., & Zhu, D. (2020). Efficient selection of hyperparameters in large Bayesian VARs using automatic differentiation. Journal of Forecasting 39 (6), 934-943.
Wagner, H., Fruehwirth-Schnatter, S & Jacobi, L. (2020). Bayesian modelling of treatment effects on panel outcomes. Forthcoming Proceedings 35th International Statistical Modelling Workshop.
Chan, J. C., Jacobi, L., & Zhu, D. (2019). Efficient selection of hyperparameters in large Bayesian VARs using automatic differentiation. forthcoming Journal of Forecasting.
Chan, J. C., Jacobi, L., & Zhu, D. (2019). How sensitive are VAR forecasts to prior hyperparameters? An automated sensitivity analysis. Topics in Identification, Limited Dependent Variables, Partial Observability, Experimentation, and Flexible Modeling: Part A, Advances in Econometrics, 40, 229-248.
Jacobi, L., Sovinsky, M., Marijuana on Main Street? Estimating Demand in Markets with Limited Access. American Economic Review, 2016, 106(8), 2009-2045.
Jacobi, L., Wagner, H., Fruehwirth-Schnatter, S., Bayesian Treatment Effects Models with Variable Selection for Panel Outcomes with an Application to Earnings Effects of Maternity Leave. Journal of Econometrics, 2016, 193(1), 234-250.
Chib, S., Jacobi, L,. Bayesian Fuzzy Regression Discontinuity Analysis and Returns to Compulsory Schooling. Journal of Applied Econometrics, 2016, 31(6), 1026-1047.
Waterlander, W. E., Blakely, T., Nghiem, N., Cleghorn, C. L., Eyles, H., Genc, M., Wilson, N., Jian, Y., Swinburn, B., Jacobi, L., Michie, J., Mhurchu, C. , Study protocol: combining experimental methods, econometrics and simulation modelling to determine price elasticities for studying food taxes and subsidies (The Price ExaM Study). BMC Public Health, 2016, 16(1), 601.
Bretteville-Jensen, A.L., Jacobi, L., Climbing the Drug Staircase: A Bayesian Analysis of the Initiation of Hard Drug Use. Journal of Applied Econometrics, 2011, 26 (7), 1157-1186.
Chib, S., Jacobi, L., Calculating Causal Effects from Panel Data in Randomized Experiments with Partial Compliance. Advances in Econometrics, vol. 23, 2009, Jai Press, Elsevier Science, Amsterdam, 183-215.
Chib, S., Jacobi, L. - Analysis of Treatment Response Data from Eligibility Designs. Journal of Econometrics, 2008, 144, 465-478.
Chib, S., Jacobi, L., Modelling and Calculating the Effect of Treatment at Baseline from Panel Outcomes. Journal of Econometrics, 2007, 140, 781-801.
Review Articles
Jacobi, L., Review of "Introduction to Bayesian Econometrics," by Edward Greenberg, Economic Record, 2009, 85, 270, 364-366.
Other
Kwok, C. F., Zhu, D., and Jacobi, L. (2020). ADtools: Automatic Differentiation Toolbox. R package version 0.5.4. https://cran.r-project.org/package=ADtools
Fruehwirth-Schnatter, S., Wagner, H. and Jacobi, L. Karrenz oder Karriere: Was Muetter die Auszeit kostet, Beziehungsweise, 2017, May, Oesterreichisches Institut fuer Familienforschung, Universitaet
Jacobi, L., Marijuana on Main Street: Consumption and tax revenue in a legalised environment. Exchange, 2016, 3, 2-3.
Teaching
Econometrics 2 (ECOM30002/ECOM90002), 2023, 2024, 2025
Bayesian Econometrics 316-407/ 316-672, Semester 2 2008, 2009, 2011, 2012, 2014, 2023, 2024
Quantitative Methods for Business ECOM 20009, Semester 1 2017
Quantitative Methods 1 ECON10005, Semester 2 2016, Semester 2 2017
Quantitative Methods 2 ECON20003, Semester 2 2011, 2012, 2014
Mathematical Economics 316-338, Semester 2 2006, 2007, 2008, 2009, Semester 1 2010.
Advanced Econometric Techniques 2 ECOM90014 Semester 2 2011
Research Supervision
PostDoc: Alexandra de Gendre (2022-present), Chun Fung (Jackson) Kwok (2018-2021)
PhD: Tao Sun (2018-2024), Martina Repetto (2022-2023), Paul Nguyen (2018-2022)
Masters: Jiacheng Huang (2014), Fang Ran (2014), Wallace Stark (2011)
Honours: Tailin Chen (2017), Rachel Adeney (2012), Mohamed Shabdean, (2011), Joe Bael (2011), Jason Calvert
(2009), Andrew O’Keefe (2007), Tess Macrae (2007)
Awards and Fellowships
Runner-up for Best Paper Prize of the Economic Record in 2021
Bi-annual Best Paper Prize of Australian Health Economics Society in 2017
Dean’s Prize for Exceptional Distinction in Research in 2016
Dean’s Certificate for Research Excellence in 2016
Dean’s Certificate for Excellence in Undergraduate Teaching, 2010
Dean’s Certificate for Excellence in Undergraduate Teaching, 2008
Dean’s Certificate for Excellence in Undergraduate Teaching, 2007
Dissertation Fellowship, Washington University, Fall 2002 - Spring 2003
University Fellowship, Washington University, Fall 1998 - Fall 2001, Fall 2003 - Spring 2005.
Conference, Workshops and Invited Seminars
2024: University of Munich, Munich, Germany; Meeting of Australian Health Economics Society, Sydney; ESAM, Melbourne; Meeting of Australian New Zealand Econometrics Study Group, Melbourne.
2023: Melbourne IO Workshop, Melbourne; Econometrics Conference in Honour of Gael Martin and Don Poskitt (invited speaker), Monash university; Meeting of Australian New Zealand Econometrics Study Group, Adelaide; European Seminar on Bayesian Econometrics (ESOBE), Glasgow, UK; Melbourne Bayesian Econometrics Workshop, Melbourne.
2022: Vienna Business University, Vienna, Australia; University of Linz, Linz, Austria; European Seminar on Bayesian Econometrics (invited speaker), Salzburg, Austria; APIOC meetings, Sydney, Australia
2021: International Conference Computational and Financial Econometrics, London (and online); World Congress International Health Economics Association (online); Australasian Meeting of the Econometric Society (online); Annual Meetings International Association for Applied Econometrics (online),
12th Workshop on the Economics of Health and Wellbeing, Hepburn Springs, Australia
2020: NBER-NSF Seminar in Bayesian Inference and Statistics, Saint Louis (online);
ANZESG Conference, Melbourne; Melbourne University, Melbourne.
2019: Annual Australian Health Economics Society Conference, Melbourne; 9th MaCCI Summer Institute in Competition Policy, Bamberg; 10th Australasian Workshop on Health Economics and Econometrics, Darwin; Monash University (Department of Econometrics), Melbourne; Centre for Health Economics (Monash University); Melbourne
2018: World Meeting of the International Society of Bayesian Statistics, Edinburgh; Melbourne Health Economics Workshop, Melbourne; 12th International Conference on Computational and Financial Econometrics, Pisa; UTS, Sydney; QUT Brisbane
2017: Inaugural Conference of Austral-Asian Labour Economics Society, Canberra; Bayesian Analysis and Modeling Summer Workshop, Melbourne; 12th International Workshop for the Australasian chapter of the International Society for Bayesian Analysis (ISBA), Goldcoast; RCEA Bayes Workshop, Melbourne; Monash University, Melbourne.
2016: Vienna University of Economics and Business, Vienna.
2015: 6th Workshop on the Economics of Health and Wellbeing, Yarra Glenn; UQ, Brisbane
2014: Annual Meeting of the International Association of Applied Econometrics, London;
2013: Melbourne Bayesian Econometrics Workshop, Melbourne; 4th Workshop on the Economics of Health and Wellbeing, Werribee; University of Linz; Monash University; University of Melbourne.
2012: World Meetings of International Society for Bayesian Statistics, Kyoto; Monash University
2011: Health Economics Workshop, Wellington; Labour Econometrics Workshop, Sydney; 8th World Congress on Health Economics, Toronto; Rimini Bayesian Workshop, Rimini; Health Economics Workshop, Melbourne; UNSW, Sydney.
2010: European Summer Symposium in Labour Economics (ESSLE), Ammersee; Statistics Norway, Oslo; University of Essex, Colchester; University of Tilberg, Tilberg; University of Mannheim, Mannheim; IZA, Bonn; University of Melbourne, Melbourne.
2009: New Zealand Economic Association Meetings, Wellington; Meetings of the Midwest Econometrics Group, Purdue University; University of Linz, Linz; University of Oslo, Oslo; Deakin University, Melbourne; UQ, Brisbane; University of Auckland, Auckland; University of Heidelberg.
2008: Australasian Meetings of the Econometric Society, Wellington; Australasian Labour Econometrics Workshop, Canberra; 18th Meeting of the New Zealand Econometric Study Group,Auckland; 2008 Microeconometrics workshop, University of Melbourne; 9th World Meeting of the International Society for Bayesian Analysis, Hamilton Island; Australian National University, Canberra; QUT, Brisbane; Australian National University, Canberra; University of Heidelberg, Heidelberg; RWI Essen, Essen.
2007: Seminar on Bayesian Inference in Econometrics and Statistics, St. Louis; 6th World Congress on Health Economics, Copenhagen; 29th Australian Conference of Health Economists, Brisbane; 6th annual Advances in Econometrics Conference, Baton Rouge; Monash University, Melbourne; University of Queensland, Brisbane; University of Sydney, Sydney; LaTrobe University, Melbourne, Australia.
2006: ANU, Canberra; UNSW, Sydney; University of Melbourne, Melbourne.
2004 – 2006: Washington University, St. Louis; University of Tilberg, Tilberg; Concordia University, Montreal; Carlton University, Ottawa; University of Melbourne, Melbourne. 2nd Conference on Evaluation Research, Mannheim; Annual Meeting of the Midwest Economic Association, St. Louis
University Service
2024 – present Deputy Head of Department
2024 – present BCOM Review FBE Working Group,
2024 – present Business Analytics Major FBE Working Group
2024 – present Chair Mentoring Committee Dr Guo Yan
2023 – 2024 Selection Committee Junior Hiring in Econometrics
2023 Committee for Introduction of Capstone Subject in Economics
FBE Peer Review Teaching (Reviewer) S1, S2
2022/2023 Selection Committee for Level D, Selection Committee Level Junior Hiring in Econometrics and Applied Economics
2022 Discipline leader for Econometrics in the University’s submission for 2023 Round of the Excellence in Research for Australia (ERA) (now postponed)
2020 – 2021 Delivery of Open Day Economics Lecture
2020 - present Mentor in University Academic Advising Program
2020 ARC Pitch Panel, FBE research office
2020 Level D/E Recruitment committee, Department of Economics
2017 – 2020 Junior faculty mentoring committee (Siqi Pan, Maria Recalde)
2018 FBE Representative pitch panel for FBE Future Fellowships (FBE, Medicine, Science)
2017 – 2018 Chair of Course Unsatisfactory Progress Committee (CUCP)
2016 Teaching awards committee, Williams Centre for Learning Advancement (2016)
2016 FBE online marketing campaign and promotional video
2016 Department Recruitment Committee (Level C position in Actuarial Science)
2016 Course Unsatisfactory Progress Committee (CUP)
2015 – 2016 Economics Review Committee, Department of Economics
2014 Committee on Review of Economics Curriculum
2014 External representative Arts Faculty, University of Melbourne
2012 Staff Equity and Diversity (SED) Committee, Faculty of Economics and Commerce
2012 Organizer Microeconometrics Seminar (Semester 1)
2011 Organizer Departmental Seminar (Semester 1)
2009 – 2010 Review of PhD Programme Committee
2009 Junior Hiring Committee Selection Committee for Level B and C Academic Staff
2008 Representative of SED committee in FBE SSP(L) committee
2008 Departmental Committee, Department of Economics, University of Melbourne
2007 – 2009 Staff Equity and Diversity (SED) Committee, Faculty of Economics and Commerce
2007 Chair of career session for female FBE PhD students
2007 Organizer of Microeconometrics seminar (Semester 2)
2006 Junior Hiring Committee Selection Committee for Level B and C Academic Staff
Academic Service
2024 – 2025 Scientific Committee for 2025 European Seminar on Bayesian Econometrics
2014 ongoing Co-Chair of FBE Research Group on Bayesian Analysis and Modeling
2020 – 2021 Treasurer, Econometrics and Finance Section, International Society of Bayesian Analysis
2021 Econometric Society Australasian Meetings program committee
2019 Scientific Committee Best Paper Prize of Australian Health Economics Society
2019 Organizing and Scientific committee Bayesian Econometrics Workshop
2018 Round table meeting of Productivity Commission (Analysis Superannuation System)
2018 Scientific committee Australasian Workshop on Health Economics and Econometrics
2018 Organizing and Scientific committee for Bayesian Econometrics Workshop
2017 Scientific and local organizing committee member RCEA Bayes Workshop
2014 Organizing and Scientific committee Bayesian Econometrics Workshop
2014 Organizer Master Class on Bayesian Causal Inference (Prof Siddharta Chib)
2013 Organizing and Scientific committee 1st Australian Bayesian Econometrics Workshop
2013 Organizer Microeconometrics Seminar, Semester 1, 2013
Refereeing for American Journal of Health Economics, Journal of Business and Economic Statistics, Journal of Applied Econometrics, Journal of Econometrics, Review of Economics and Statistics, Review of Economic Studies, Health Economics, Journal of Population Economics, Empirical Economics, International Economic Review, Economic Record, Tax Journal, and Advances in Econometrics