Website
http://dataportal.arc.gov.au/NCGP/API/grants/DP210100256
Funding Status
Active
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Funded Activity Summary
The Role of a Central Bank’s Balance Sheet in Shaping the Economy. In response to the global financial crisis, the world’s major central banks cut their rates to near zero and implemented untested unconventional monetary policies, significantly expanding the size and composition of their balance sheets. More than a decade later, the Reserve Bank of Australia is considering similar balance sheet policies. This proposal aims to develop various frameworks that can be used to simulate and evaluate when and how to eventually undo unconventional monetary policies in order to prevent a prolonged recession. Thus this research proposal will contribute to the current Australian monetary policy debate while providing some insights on how best to implement such policies, improving the living standards of Australians.Funded Activity Details
Start Date: 03-2021
End Date: 03-2025
Funding Scheme: Discovery Projects
Funding Amount: $148,158.00
Funder: Australian Research Council
Research Topics
ANZSRC Field of Research (FoR)
Macroeconomics (incl. Monetary and Fiscal Theory) | Public Economics- Taxation and Revenue | Applied Economics |
