Discovery Projects - Grant ID: DP170104227

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP170104227

Funding Status
Active

Does something not look right? The information on this page has been harvested from data sources that may not be up to date. We continue to work with information providers to improve coverage and quality. To report an issue, use the .

Funded Activity Summary

Decentralised assets trading, centralised clearing and systemic risk. This project aims to study the effect of regulating over-the-counter (OTC) financial markets on economic performance. The lack of transparency of OTC financial markets may have exacerbated the severity of the 2007-09 financial crisis. In response, regulators around the world decided to mandate centralised clearing of derivatives traded OTC, believing this would reduce system-wide risk. This project will study the regulatory change’s effects on market participation, volumes of trade and prices, and the behavioural effect of shifting risk from market participants to clearinghouses. It expects to suggest remedial policies clearinghouses could implement to control market participants’ risk appetite. These can help enhance future productivity and reduce unemployment in Australia.

Funded Activity Details

Start Date: 05-06-2017

End Date: 04-06-2023

Funding Scheme: Discovery Projects

Funding Amount: $139,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Microeconomic Theory | Economic Theory | Financial Economics

ANZSRC Socio-Economic Objective (SEO)

Industry Policy | Market-Based Mechanisms | Expanding Knowledge in Economics |

Other Keywords

Economic Theory | Expanding Knowledge in Economics | Financial Economics | Industry Policy | Market-Based Mechanisms | Microeconomic Theory

Related Links