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Since 1993 the Centre of Policy Studies has been using the MONASH model to produce year-by-year forecasts for the Australian economy, typically with forecast horizons of about ten years. MONASH is a large dynamic applied general equilibrium model. The MONASH forecasting system takes as inputs...
Persistent link: https://www.econbiz.de/10005001203
This paper presents the theoretical specification of the MONASH-MRF model. MONASH-MRF is a multiregional multisectoral model of the Australian economy. Included is a complete documentation of the model's equations, variables and coefficients. The documentation is designed to allow the reader to...
Persistent link: https://www.econbiz.de/10005001207
In a recent report, the Organisation for Economic Cooperation and Development has argued that certain key developments, including globalisation, population ageing and the diffusion of information technologies, are causing a shift in the demand for labour in modern advanced economies. Demand is...
Persistent link: https://www.econbiz.de/10005001210
This paper presents a detailed assessment of the medium term outlook for the demand for labour in Australia. Forecasts are reported for employment by industry, by occupation, by State and Territory, by hours worked and by skill level. The forecasts are driven, in the first instance, by a fully...
Persistent link: https://www.econbiz.de/10005032919
We report ORANI projections of the short-run effects on the macroeconomy and the industrial structure of the main elements of the Fightback proposals, namely the proposed abolition of the wholesale sales tax, petroleum excise and the payroll tax, proposed cuts in income taxes and government...
Persistent link: https://www.econbiz.de/10005032924
This paper describes the application of the MONASH CGE model to labour market forecasting in Australia. The method consists of solving a top-down sequence of models that proceeds from a macro scenario to the CGE model to various labour market extensions. The extensions involve ex post processing...
Persistent link: https://www.econbiz.de/10005032925
In 1989 a major project entitled "Strategies for Environmentally Sound Economic Decelopment" was inaugurated under the sponsorship of the United Nations. This project is designed to identify ways of alleviating pressures on the global environment and, at the same time, raise the standard of...
Persistent link: https://www.econbiz.de/10005032948
We forecast detailed trends for employment by industry, occupation and qualification in Vietnam for the period 2010 - 2020. The forecast is conducted using VNET - a large-scaled computable general equilibrium (CGE) model of the Vietnamese economy. Inputs into the forecast include independent...
Persistent link: https://www.econbiz.de/10009144118
DIAC-TERM is a dynamic multi-regional computable general equilibrium (CGE) model of Australia with an emphasis on labour market detail relevant to the analysis of Australia's Net Overseas Migration (NOM) program. Labour demand by industry, region and occupation is determined by the bottom-up...
Persistent link: https://www.econbiz.de/10010736998
For decades rural Australia has been discriminated against by industrial policies at home and agricultural protectionism abroad. While agricultural export taxation in poor countries had the opposite impact, recent reforms there mean that that offsetting effect on Australia has diminished. There...
Persistent link: https://www.econbiz.de/10005031640