ARC Future Fellowships - Grant ID: FT130101599

Funding Activity

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Funded Activity Summary

Monetary and Fiscal Policy under Imperfect Knowledge. This project lays out an agenda exploring the consequences of imperfect knowledge for macroeconomic dynamics and stabilisation policy. Learning dynamics are central to understanding aggregate fluctuations in periods during which agents have limited information about their environment, as has been the case during and after the Global Financial Crisis. The agenda comprises two lines of inquiry. The first develops theoretical issues relating to the design and implementation of monetary and fiscal policy under imperfect knowledge. The second adduces empirical evidence on the classes of possible beliefs that any macroeconomic model should account for.

Funded Activity Details

Start Date: 2014

End Date: 05-2018

Funding Scheme: ARC Future Fellowships

Funding Amount: $871,644.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Macroeconomic Theory | Macroeconomics (incl. Monetary and Fiscal Theory) | Applied Economics |

ANZSRC Socio-Economic Objective (SEO)

Fiscal Policy | Monetary Policy