Gigi Foster

Professor

School of Economics - PhD in economics, University of Maryland, College Park | BA, magna cum laude in Ethics, Politics, and Economics, Yale University

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Gigi Foster is a Professor with the School of Economics at the University of New South Wales, having joined UNSW in 2009 after six years at the University of South Australia. Formally educated at Yale University (BA in Ethics, Politics, and Economics) and the University of Maryland (PhD in Economics), she works in diverse fields including education, social influence, corruption, lab experiments, time use, behavioural economics, and Australian policy.

Her research contributions regularly inform public debates and appear in both specialised and cross-disciplinary outlets (e.g., Quantitative Economics, Journal of Economic Behavior and Organization, Journal of Population Economics, Journal of Economic Psychology, Human Relations). Her teaching, featuring strategic innovation and integration with research, was awarded a 2017 Australian Awards for University Teaching (AAUT) Citation for Outstanding Contributions to Student Learning.

Named 2019 Young Economist of the Year by the Economic Society of Australia, Professor Foster has filled numerous roles of service to the profession and engages heavily on economic matters with the Australian community. As one of Australia’s leading economics communicators, her regular media appearances include co-hosting The Economists, a national economics talk-radio program and podcast series premiered in 2018, with Peter Martin AM on ABC Radio National.

From This Author

Are schools gaming NAPLAN to manipulate academic performance?

Private schools are more likely to exclude poorly performing students from NAPLAN testing via parental withdrawal, which could potentially skew academic rankings

Three big challenges the federal budget 2024 needs to address

The federal budget 2024 is under pressure to address rising cost of living pressures and housing affordability concerns. Will the government deliver?

Inflation is easing: what impact will this have on Australians?

While inflation is cooling in Australia, what is the impact on the CPI, housing markets and RBA decisions on cash rates and mortgages?

Government debt: you’re a part of it. Is it a problem?

Eye-watering government debt makes for good headlines, but how much is too much is far less clear, writes UNSW Business School’s Gigi Foster

How the ball and chain of COVID debt impacts Australians

The amount of national debt per Australian has increased more than tenfold to $34,107 at the end of 2022, and this will impact Australians in a number of ways

Australia’s COVID response cost 68 times more than benefits delivered

Why have the federal and state governments of Australia conspicuously failed to provide a cost-benefit analysis of their COVID-era policies?

Is Australia’s coronavirus bill a debt burden future generations must bear?

The Australian government is spending at unprecedented levels with the coronavirus pandemic. Where does this money come from, and can governments keep borrowing – without saddling young people with too much debt?

What are the hidden costs of COVID-19 lockdowns?

Research details new ways of measuring the effects of prolonged lockdowns and suggests policy responses should address both the seen and unseen costs of COVID-19

Federal Budget 2021-22 earns a “C-grade” rating from economists

While the federal government is spending big in its 2021-22 federal budget, there are a number of important questions around whether the government is spending in the right areas, says UNSW Business School’s Gigi Foster

Did the 2021-22 federal budget miss the right spending mark?

There are a number of important questions around whether the government is spending in the right areas with its 2021-22 federal budget, says Gigi Foster, Professor of Economics at UNSW Business School

Should the government worry about its record debt in the federal budget?

While the federal government is currently carrying record levels of debt, there are more important considerations for the Australian economy in the federal budget, says UNSW Business School

Does the government’s budget childcare package fall short?

As Australia’s economy emerges from recession in 2020, universal basic childcare is a no-brainer when it comes to stimulating growth and productivity, says UNSW Business School

The long-term impact of COVID-19 recession on human capital

More experienced business leaders need to help younger, more disadvantaged workers with career and mentoring opportunities as a result of the COVID-19-induced recession, says UNSW Business School's Professor Gigi Foster

Navigating the next phase of COVID-19: three critical issues for business leaders

Business leaders need to address a number of important questions around work processes, performance and virtual teams in order to improve productivity and engagement through the COVID-19 induced recession, says UNSW Business School

"Pretty good, but not great": highlights of the Federal Budget

The Federal Government’s 2020-21 Budget was generally well-received among economists and focused on many important areas, with UNSW Business School's Professor Gigi Foster giving it a “B-grade” overall

Why economists are giving the Federal Budget a “B-grade” rating

With the government taking on record levels of debt to help fund its 2020-21 budget and pull Australia out of recession, infrastructure-related spending must be carefully managed in order to deliver the best return on investment for the country

Calling all real-world economists: your hour is now

With greater access to data combined with advances in methods, modelling and computing power, the next generation of well-trained economists can have more influence than ever, writes UNSW Business School’s Professor Gigi Foster

Coronavirus' economic impact: challenges & opportunities for business

The coronavirus has had a dramatic impact on economies around the world, and both business and government will need to take a carefully measured approach in managing for the long-term

Will coronavirus trigger a recession (and what can be done about it)?

Is a recession on the cards with the economic contagion being spread by coronavirus? UNSW Professor of Economics Gigi Foster looks at what options are available for government and explains why there might be an economic uptick in the long-term

Three useful things to know about human motivation

Unseen commitments as well as material incentives drive our decisions and play an influential role in human motivation

Will society break down when women earn more than men?

Relationships may be even happier when females pull in the big bucks

Are subsidies for banana growers an unreasonable cost?

Economists suggest we may do better to grow something else

Stash or flash: What makes some people savers and other people spenders?

Whether you’re a Scrooge or a squanderer, there are larger forces at play when it comes to understanding why some people are good at saving and others are good at spending

Work-life balance: Honey, I shrunk the housework

How chores are renegotiated after status changes in paid jobs

Generating a steady flow of wealth through trickle-down economics

To anyone who lived through the years of Ronald Reagan's US presidency, the term “trickle-down economics” should already be familiar, writes UNSW Business School's Gigi Foster

Why do mean girls impede the success of other women?

Some female leaders pull up the ladder after they climb it

All right for some: How special favours keep wealth in the hands of a few

The most likely way to become extremely rich is by exploiting unfair advantage

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