Project

Measuring and explaining output volatility: International versus domestic sources   

Duration
01 October 2016 → 30 September 2021
Funding
Regional and community funding: Special Research Fund
Research disciplines
  • Social sciences
    • Applied economics
    • Economic history
    • Macroeconomics and monetary economics
    • Microeconomics
    • Tourism
Keywords
‘Great Moderation’ Aggregate volatility Bayesian analysis factor models
 
Project description

Macroeconomic fluctuations entail important consequences for the well-being of individuals and the growth of economies. The aim of this project is to obtain a better understanding of the determinants of the volatility of aggregate economic fluctuations, starting from its marked global decline since the mid 1980s known as the ‘Great Moderation’. Ultimately, conclusions will be used to advice policy makers.