Productivity, growth and unemployment in economies with frictions.
Administered by the University of New South Wales.
This project aims to examine decisions driving productivity, growth, and unemployment in macroeconomies with frictions. It examines how government (fiscal, monetary, and education) policies determine these decisions, and identifies the best configurations of these policies. It will construct dynamic general equilibrium models of economies to analyse the causal structure behind productivity changes, growth and unemployment. It will conduct quantitative experiments using simulations, to estimate optimal government policy design settings. This project expects to identify policies that promote productivity, growth and employment.
Source: ARC website
Project members
Researchers
Associate Professor Benoit Julien (University of New South Wales)
Assistant Professor Liang Wang (University of New South Wales)
Professor Randall Wright (University of New South Wales)
Professor Ian King (School of Economics, UQ);