DjangoTG / -Monetary-Policy-in-Australia

MIT License
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Feedback From Manting #1

Closed mantihuang closed 1 year ago

mantihuang commented 1 year ago

Hi Django,

It is an interesting research proposal.

The strongest point of the research proposal, indeed, is the focus on understanding the dynamic relationship between fiscal policy and income inequality.This approach has significant implications for informing policy decisions and fostering sustainable economic growth.

The single point that could have been done better in the report is the identification strategy. The current research proposal includes only four variables, which may not be sufficient to accurately identify the structural shocks caused by fiscal policy. A more robust identification strategy is crucial to ensure that the findings of the macroeconometric analysis are reliable and accurately capture the relationships between fiscal policy and income inequality. To address the improvements, here is a combined to-do list:

For your reference, I also make several commits which you might find useful:

Hope my feedback help.

Best, Manting Huang

DjangoTG commented 1 year ago

Hi @mantihuang ,

Thanks so much for all your comments! Really useful stuff, I can see you've put a lot of effort into this! I've incorporated most of the points you made to the code and I'm planning to include the rest (literature review) when I submit the third part of the project.

Looking forward to working with you more!

Cheers!