Discovery Projects - Grant ID: DP0557625

Funding Activity

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Funded Activity Summary

A Principled Approach to Computer Simulation of Dynamic General Equilibrium Macroeconomic Models. In the last two decades a new generation of computer-intensive modeling techniques has risen to prominence in macroeconomics. These methods have broad policy applications, from public finance and reserve bank operation to analysis of long-run productivity growth, taxation reform, unemployment, international trade policy and natural resource conservation. The size and complexity of these models means that even computer-based techniques will rely for the foreseeable future on efficient program design to solve them. The project will construct a comprehensive set of solution techniques and software for this class of macroeconomic models, including detailed mathematical analysis on accuracy of model output.

Funded Activity Details

Start Date: 03-01-2005

End Date: 28-02-2009

Funding Scheme: Discovery Projects

Funding Amount: $212,468.00

Funder: Australian Research Council