Discovery Projects - Grant ID: DP170103559

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP170103559

Funding Status
Active

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Funded Activity Summary

Reliability of purchasing power parities from the World Bank. This project aims to provide an econometric framework to estimate purchasing power parities (PPPs) and a method to compute standard errors associated with the World Bank’s International Comparison Programme (ICP)’s PPPs. The ICP regularly compiles and publishes estimates of PPPs of currencies and real incomes. These results are used for study of global inequality and poverty; macroeconomic analysis; the Human Development Index; and cross-country productivity comparisons. However, no estimates of ICP PPPs’ reliability are available. Results from this project are likely to improve the quality of widely used data sets including the Penn World Tables and the University of Queensland International Comparison Database relevant to banking.

Funded Activity Details

Start Date: 01-01-2017

End Date: 31-12-2022

Funding Scheme: Discovery Projects

Funding Amount: $270,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Macroeconomics (incl. Monetary and Fiscal Theory) | Econometric and Statistical Methods | Econometrics

ANZSRC Socio-Economic Objective (SEO)

Measurement Standards and Calibration Services not elsewhere classified | Economic Growth | Economic Framework not elsewhere classified |

Other Keywords

Econometric and Statistical Methods | Econometrics | Economic Framework not elsewhere classified | Economic Growth | Macroeconomics (incl. Monetary and Fiscal Theory) | Measurement Standards and Calibration Services not elsewhere classified

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