Research Grant
[Cite as https://purl.org/au-research/grants/arc/DP210101440]Researchers: Bonsoo Koo (Chief Investigator) , Seojeong Lee (Chief Investigator) , Prof Myung Hwan Seo (Partner Investigator)
Brief description Statistical Analysis of State-Dependent Government Spending Multipliers. This project aims to provide a new statistical analysis of the government spending multiplier by acknowledging that government spending is the sum of sectoral spending which has heterogeneous effects on the economy. An added complication is that the multiplier can also be state-dependent, meaning that its magnitude can differ across recessions and expansions. Expected outcomes of this project include a better understanding of the components of the multiplier by novel decomposition and the development of a new statistical test for the state-dependency of the multiplier. This should provide significant benefits to researchers by bringing in new tools and insights and to policymakers by providing timely guidance on fiscal policies.
Funding Amount $336,939
Funding Scheme Discovery Projects
- PURL : https://purl.org/au-research/grants/arc/DP210101440
- ARC : DP210101440