Professor Timothy Fry

Qualifications

• Ph.D. Econometrics, The University of Manchester, United Kingdom.
• MA(Econ) Econometrics, The University of Manchester, United Kingdom.
• BA(Honours) Econometrics, The University of Kent at Canterbury, United Kingdom

Teaching/Work responsibilities

Tim Fry is Professor of Econometrics and Director of Research in The School of Economics, Finance and Marketing. He teaches the course Econometric Techniques in the Honours (Economics & Finance) and Master of Finance degrees

Research Interests

The application of statistical (econometric) techniques to problems in microeconomics broadly defined. However, recent work has been focussed on problems in consumer demand (allocation) models, finance, marketing and political science. A broad categorisation of my interests is:

• Microeconometrics.
• Consumer demand systems, allocation models and compositional data analysis.
• Quantitative models in marketing, in particular discrete choice models and brand share modelling.

Research Projects

I am currently involved in two Australian Research Council projects that finish in 2008:

• 2006-2008: ARC Discovery Project, “An investigation of illicit tobacco use – its prevalence, economic impact and the motivations and perceptions of consumers”, joint with Dr. Lisa Farrell, University College Dublin and Dr. Campbell Aitken, Macfarlane Burnet Institute for Medical Research and Public Health.
• 2005-2008: ARC Linkage Project, “Achieving the millennium development goals: The role of foreign aid, trade and NGOs with a focus on the Asia-Pacific”, joint with Dr. Simon Feeny, RMIT and Dr. Matthew Clarke, Deakin University. Partner: World Vision of Australia.

I am also involved in ongoing contract research with the Starcom Mediavest Group that is concerning with using a number of econometric/statistical techniques to analyze the effectiveness of advertising and to quantitify the return on marketing investment.

Selected Recent Publications

• Aitken, C., Fry, T.R.L., Grahlmann, L. and T. Masters, (2008), “Health perceptions of home-grown tobacco (chop-chop) smokers”, Nicotine & Tobacco Research, 10, 413-416.
• Brooks, R.D., Dimovski, W., Fry, T.R.L. and S. Mihajilo, (2008), “A duration analysis of the time from prospectus to listing for Australian initial public offerings”, forthcoming in Applied Financial Economics.
• Brown, S., Fry, T.R.L., and M.N. Harris, (2008), “Untangling supply and demand in Occupational Choice”, Economics Letters, 99, 414-417.
• Clarke, M., Fry, T.R.L. and S. Mihajilo, (2008), “The volatility of aid to small island states”, forthcoming in Pacific Economic Bulletin.
• Davidson, S., Farrell, L., Fry, T.R.L. and S. Mihajilo, (2008), “Contestability of Australian Federal elections”, in press Australian Journal of Political Science.
• Fry, T.R.L., Mihajilo, S., Russell, R. and R.D. Brooks, (2008), “The factors influencing saving in a matched savings program: Goals, knowledge of payment instruments, and other behavior”, Journal of Family and Economic Issues, 29, 234-250.
• Davidson, S., Fry, T.R.L. and B. Pellegrini, (2007), “How do Australian classical liberals vote?”, Policy, 23, 39-43.
• Fry, T.R.L., Heaney, R. and W. McKeown, (2007), “Will investors change their superannuation fund given the choice?”, Accounting and Finance, 47, 267-283.
• Heaney, R., Naughton, T., Davidson, S., Fry, T.R.L. and M. McKenzie, (2007), “The link between performance and changes in the size and stability of a firm’s officers and directors”, Journal of Multinational Financial Management, 17, 16-29.
• Davidson, S., Fry, T.R.L. and K. Jarvis, (2006), “The economics of direct democracy: An Australian case study in democratic choice”, European Journal of Political Economy, 22, 862-873.
• Fry, T.R.L. and E. Webster, (2006), “Conflict Inflation: Estimating the contributions to wage inflation in Australia during the 1990’s”, Cambridge Journal of Economics, 30, 227-234.
• Brooks, R.D., Faff, R.W., Fry, T.R.L. and E. Bissoondoyal-Bheenick, (2005), “Alternative beta risk estimators in cases of extreme thin trading: Canadian evidence”, Applied Financial Economics. 15, 1251-1258.
• Brooks, R.D., Faff, R.W., Fry, T.R.L. and L. Gunn, (2005), “Censoring and its impact on beta estimation”, Advances in Investment Analysis & Portfolio Management, 1, 111-136.
• Chong, D., Davidson, S. and T.R.L. Fry, (2005), “It’s an evil thing to oblige people to vote”. Policy. 21, 10 - 16.
• Fry, T.R.L. and M.N. Harris, (2005), “The dogit ordered generalized extreme value model” Australian & New Zealand Journal of Statistics, 47, 531-542.