Discovery Projects - Grant ID: DP200101963

Funding Activity

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Funded Activity Summary

Australia's Resilience to Recession. This project aims to study why Australia differs from its OECD peers in that it has not had a recession for 27 years. It intends to generate knowledge by using economic models to solve 3 puzzles relating to Australia’s success: (i) why did foreign financial market shocks not spill over to the economy?; (ii) how has the resource curse that affects economies with a booming resource sector been avoided?; and (iii) what makes Australia special? Expected outcomes include the development of theoretical and empirical models that reflect the unique features of the Australian economy. This should provide significant benefits, including guidance to Australian and international policymakers on macroeconomic policies for resource-rich countries.

Funded Activity Details

Start Date: 03-06-2020

End Date: 31-12-2024

Funding Scheme: Discovery Projects

Funding Amount: $208,000.00

Funder: Australian Research Council