Discovery Projects - Grant ID: DP0987170

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP0987170

Funding Status
Closed

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Funded Activity Summary

Computing probabilities of theories where these probabilities vary over time with applications in macroeconomics. This project will present a method to produce empirically based policy advice that accounts for the changing economic environment and that allows for a range of assumptions about how the economy works. The research and training will place Australia at the forefront of empirical macroeconomic research and strengthen international research networks. Policy making will be improved as: it will use information that is more robust to false assumptions; it will quickly incorporate new information; and we will understand better why certain policies did or did not work at different times in the past. The research will impact upon other sciences such as physics and engineering that use the same underlying tools far more than do economists.

Funded Activity Details

Start Date: 01-01-2009

End Date: 14-06-2012

Funding Scheme: Discovery Projects

Funding Amount: $240,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Time-Series Analysis | Economic Models And Forecasting | Macroeconomics (Incl. Monetary And Fiscal Theory) | Econometrics

ANZSRC Socio-Economic Objective (SEO)

Fiscal policy | Macroeconomic issues not elsewhere classified | Monetary policy |

Other Keywords

Econometrics | Economic Models And Forecasting | Fiscal policy | Macroeconomic issues not elsewhere classified | Macroeconomics (Incl. Monetary And Fiscal Theory) | Monetary policy | Time-Series Analysis

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