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per capita in host countries with a focus on Australia. Previous research has indicated that the economic impact of … Australia over the period 1980-2016. The paper provides clear evidence to policy makers on the positive spillover effect of …
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I examine the ability of equity market illiquidity to predict Australian macroeconomic variables, between 1976 and 2010. In contrast to existing, U.S.-based, studies, I find that stock market illiquidity does not, on average, have much predictive power over economic growth. Consistent with the...
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Estimates of potential output growth for Australia, the United States and Canada are presented and analysed in this … (SIRG). At around 4 per cent per annum, Australia's SIRG has been relatively stable for the past 30 years, which seems … reduction in employment growth in Australia from the 1980s to the 1990s may account for the absence of a rise in potential …
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We address the question of whether asymmetry in the business cycle and asymmetry in the persistence of negative versus positive shocks characterises Australian output growth. Using nonlinear time series models we provide some evidence consistent with the idea that Australian output growth is...
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