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The New Economy and the Dollar Puzzle: the Case of Australia

Karunaratne, Neil Dias - 2002

Solow productivity paradox and spawned a New Economy (NE) in Australia in the late 1990s. Both growth accounting estimates … and the use of the information superhighway ranks Australia next to the USA as a NE. Australia is an avid user but not a …

Persistent link: https://www.econbiz.de/10009447976

Rival Macroeconomic Models And Australian Stylised Facts

Karunaratne, Neil Dias - 1999

This paper reports the stylised facts resulting from the tests of rival macroeconomic models in explaining the Australian business cycle during the sample period 1966(3)-1995(3). The dominant rival paradigms such as the New Classical, Keynesian the Real Business Cycle theories have been tested...

Persistent link: https://www.econbiz.de/10009447982

The Yield Curve as a Predictor of Growth and Recession in Australia

Karunaratne, Neil Dias - 1999

recession prediction for Australia. The probit model predictions also gave probability estimates for the occurrence of … financial indicators as a predictor of recessions in Australia. It is a simple and operational tool that can be validated using …

Persistent link: https://www.econbiz.de/10009447991

Macroeconomic Shocks, Depreciation and Inflation: an Australian Perspective

Karunaratne, Neil Dias - 2002

post-float australia. In this paper based on a mundell-fleming stochastic rational expectations model the theoretical …

Persistent link: https://www.econbiz.de/10009448061

The sustainability of Australia's current account deficits - A reappraisal after the global financial crisis

Karunaratne, Neil Dias - 2009

The heated debate over the sustainability of Australia’s high current account deficit that raged over most of the fixed … Australia’s current account deficit revealed that the current account deficits were unsustainable during the fixed exchange …

Persistent link: https://www.econbiz.de/10009448413