Showing 1 - 10 of 7,030
-Keynesian Phillips curve (NKPC). This paper assesses the empirical performance of the SIPC for Australia. There is only weak evidence in … favour of the SIPC over the low-inflation period. Parameter estimates are sensitive to inflation measures and sample periods … the fact that inflation has become difficult to model since the introduction of inflation targeting. Over sample periods …
Persistent link: https://www.econbiz.de/10011265303
the relationship between inflation, inflation uncertainty, growth and growth uncertainty for Australia. Findings – Using … inflation-targeting monetary policy in Australia. Research limitations/implications – Multivariate EGARCH model can be used to …/value – This is the first study of the effect of inflation uncertainty and growth uncertainty on inflation and growth in Australia …
Persistent link: https://www.econbiz.de/10009319778
Although experiencing trade cycles, Australia is almost unique in maintaining 20 years of positive economic growth and … in Australia and their role in preventing the economy from reaching its full potential level of output and putting … pressure on inflation. Economic growth, structural change and technological change have had important effects on skills mix …
Persistent link: https://www.econbiz.de/10009352454
sample period, 1950-2010, and two subsample periods, 1970-2010 and 1993-2010, suggest that Australia's high inflation …This article presents an overview of monetary policy in Australia and highlights the persistence and volatility of … inflation under successive monetary policy regimes, 1950-2010. A series of unit root tests specified both linearly and …
Persistent link: https://www.econbiz.de/10010812117
The Monitor provides an update of developments in Pacific economies and explores topical policy issues.
Persistent link: https://www.econbiz.de/10010812222
capital account. Presents estimates of Australia's inflation-adjusted current account deficit as an example of the methodology … outlined. These estimates suggest that, in practice, Australia's inflation – adjusted account deficit throughout the 1980s …Examines the effect of domestic inflation on recorded measures of the current account of the balance of payments. When …
Persistent link: https://www.econbiz.de/10005003326
An I(2) analysis of Australian inflation and the markup is undertaken within an imperfect competition model. It is … inflation results in a lower markup in the steady state. The negative correlation between inflation and the markup is …
Persistent link: https://www.econbiz.de/10005047715
Persistent link: https://www.econbiz.de/10005423427
In this paper we investigate the relationship between inflation and unemployment in Australia, post 1959. We focus on … also estimate the nonaccelerating inflation rate of unemployment (NAIRU), focussing on both the level of the NAIRU, and the …
Persistent link: https://www.econbiz.de/10005587636
A quantitative model is presented linking the rate of inflation and unemployment to the change in the level of labor … simplified version of the 1-D boundary elements method. All models for Australia are similar to those obtained for the US, France …
Persistent link: https://www.econbiz.de/10008836412