Economics · Policy

Max Yong

I'm an economist studying how policy shapes the choices people make — from university fees to household finances, and more. I'm currently at Harvard, where I study public policy and teach personal finance, and my writing on economics, finance, AI, and education appears regularly across Australia's major mastheads.

Max Yong
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Recent pieces

Research

Do fees change what students study?

My research with the Melbourne Institute uses Australia's Job-ready Graduates reform — the largest re-pricing of degrees in a generation — to measure how students respond to university fees. The findings have been cited in the Australian Universities Accord and the Productivity Commission's five-year inquiry.

Chart: estimated effects of the Job-ready Graduates reform on applicant preferences across 27 fields of study
Estimated effects of the JRG reform on applicant preferences — Yong, Coelli & Kabátek (2023) · click to enlarge
Policy

From evidence to policy design

In 2026 I made a submission to the Australian Senate proposing a budget-neutral redesign of the Job-ready Graduates fee structure. Alongside it I built an interactive optimiser where you can set the constraints — government spending, university revenue, fee caps — and see the optimal fee schedule it produces.

Screenshot of the interactive JRG fee reform optimiser
The JRG fee reform optimiser — set the constraints, see the optimal schedule

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