In this paper time series properties of the price of wool are examined in order to access the importance of non-linear storage behaviour in generating the data.

In this paper, we present a general model of the joint data generating process underlying economic activity and stock market returns allowing for complex nonlinear feedbacks and interdependencies between the conditional means and conditional volatilities of the variables. We propose statistics...

This paper describes a newly constructed macroeconomic database for Australia including measures of GDP, its components, prices, and key monetary and labour market statistics over the last fifty years as published and revised in real time. Data vintages are collated from various sources and...

We experimentally investigate reference group formation and the impact of social comparisons in a three-player ultimatum game. The players compete in a real-effort task for the role of the proposer. The role of the responder is randomly allocated to one of the other two participants. The third...