The study illustrates the differential impact on regional economies of relative price changes stemming from commodity price movements, exchange rate changes and changes in international manufactured goods prices. It focuses on Canadian provinces, which are a large, geographically distributed...

The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...

The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...

This paper utilizes Vector Auto Regression (VAR) models to analyze the interdependence among exchange rates of twelve Asian-Pacific nations, Australia, China, Indonesia, Japan, Malaysia, New Zealand, Philippines, South Korea, Singapore, Taiwan, Thailand, and Vietnam. The daily data span from...

Rules of origin arrangements under the Australia-New Zealand Closer Economic Relations Trade Agreement (CER) were referred to the Commission for examination and report by May 2004. The request stemmed from concerns that Australian and New Zealand firms were having difficulty achieving the...

The determination of leading indicators of stock market returns is of interest to both practitioners and academics. This paper analyses the validity of the recent macroeconomic factors indicated in the literature as providing a reliable indication of Australian stock market returns and concludes...

This paper compares the use of two different methodologies for merging data from different sources in developing or extending a microsimulation model. The first uses a relatively simple means-based methodology, and the second uses regression. The advantages and disadvantages of each are...

This research developed a housing need simulation to quantify the need for affordable housing and identify the supply required to meet the demand for housing. This information is important for resource allocation, market monitoring, setting affordable housing targets, housing assistance...

Usage of Monte Carlo simulation for pricing requires a well defined and accurate market implied distribution of risk factors. Overlay, on top of these simulated risk factors, one can also generate conditional prices based on the set of underlying risk factors at future time horizons. The ability...