This paper presents a preliminary simultaneous equation model capable of explaining New Zealand's post-war inflation. It is a model consistent with New Zealand having been a small fixed exchange rate open economy subject to very extensive controls over its balance of payments' current account...

This paper reports the theoretical development of a small aggregative model of output, employment, capital formation and inflation. The model (which we subsequently refer to as BHP) is designed to explain medium term cyclical growth in a small open economy. It allows explicitly for...

ORANI is a general purpose short-run general equilibrium model of the Australian economy. ORANI-LFT extends this basic model to enable examination of tax issues and interfuel substitution in the industrial sector. The extended model is used to illustrate the effects of a substantial switch from...