Global Economic Uncertainty, Liquidity and Monetary Policy in Australia

该项目旨在分析全球贸易和金融不确定性对澳大利亚经济的影响，并提供可量化的政策处方。该项目预计将使用具有搜索和匹配摩擦的创新方法在货币和宏观经济政策领域产生新的知识，以正式确定投资者如何根据其流动性要求应对更高的不确定性。该项目的预期成果包括提供一个新的理论，有可能指导未来的研究和澳大利亚宏观经济数据的新的定量应用。这应该为澳大利亚储备银行等机构提供重要的见解，并通过政策设计受益。

This project aims to analyse the impact of global trade and financial uncertainty on the Australian economy and provide quantifiable policy prescriptions. This project expects to generate new knowledge in the area of monetary and macroeconomic policy using an innovative approach with search and matching frictions, to formalise how investors respond to higher uncertainty given their liquidity requirements. The intended outcomes of the project include offering a new theory with the potential to guide future research and novel quantitative application to Australian macroeconomic data. This should provide significant insights for institutions such as the Reserve Bank of Australia and benefits through the design of policy.