Researcher Profiles Mike Major

Economic Research Department (currently on study leave)

Current research interests: financial stability, microdata, public policy

Mike has worked in Economic Research Department and Financial Stability Department. His research focuses on issues of financial stability, and particularly on assessing the resilience of the economy to crises. He is also interested in the public perception of economics as a discipline. Mike has a Bachelor of Economics (Hons) from the University of Sydney and is currently completing his PhD in Economics at University College London.

Academic publications

Kearns K, M Major and D Norman (2021) ‘How Risky is Australian Household Debt?’ Australian Economic Review, 54(3), pp 313–330
Also released as RBA Research Discussion Paper No 2020-05.

Other Research Papers

Garvin N, S Kurian, M Major and D Norman (2022) ‘Macrofinancial Stress Testing on Australian Banks’ RBA Research Discussion Paper No 2022-03.
Brassil A, M Major and P Rickards (2022) ‘MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconomic Model’ RBA Research Discussion Paper No 2022-01.
Livermore T and M Major (2021) ‘What is Driving Participation and Diversity Trends in Economics? A Survey of High School Students?’ RBA Research Discussion Paper No 2021-06.

Policy Publications

Livermore T and M Major (2020) ‘Why Study (or Not Study) Economics? A Survey of High School Students’ RBA Bulletin, June.