This paper studies the usefulness of the P-star model in the analysis of the behaviour of prices in Australia and New Zealand. The P-star model is based on the quantity theory of money and the belief that the price level tends to move towards the equilibrium price level. The main contribution of...

This paper investigates the relationships among real, monetary and financial variables in the Australian economy using seasonally unadjusted monthly data series spanning the period January 1978 to June 1994.

Maintaining a low rate of inflation is very important to achieve sustainable economic growth but is a challenging task for policy makers. Interest rates are one of the main channels through which monetary policy changes can be used to achieve this goal of low inflation. Thus, a significant...

Despite many approaches undertaken by researchers to examine women entrepreneurs, gender issues and the effects of the caste system lie on assumptions that have not been empirically validated. This paper compares male and female entrepreneurs by moving beyond the more general studies that have...

This paper considers various models including univariate time series and the ones emerging from the Fisher effect and/or the term structure of interest rates for Australian inflation forecasting, and assesses their in-sample and out-of-sample forecast power properties. The CPI seroes, 90-days...

There as been on-going debate and empirical investigation in the literature as to whether or not the term structure contains information about future inflation. In this paper, the authors present new evidence about the information in the term structure of interest rates about future inflation in...

This paper analyses the determinants of Australia-East Asia trade flows, examines the impact of the Asian crisis on such trade flows, and explores the potential for further expansion of trade flows between Australia and East Asia. The analysis is based on modified gravity trade models. Separate...

This paper studies the usefulness of the P-star model in the analysis of the behaviour of prices in Australia and New Zealand. The P-star model is based on the quantity theory of money and the belief that the price level tends to move towards the equilibrium price level. The main contribution of...

This paper considers various models including univariate time series and the ones emerging from the Fisher effect and/or the term structure of interest rates for Australian inflation forecasting, and assesses their in-sample and out-of-sample forecast power properties. The CPI seroes, 90-days...

This paper analyses the determinants of Australia-East Asia trade flows, examines the impact of the Asian crisis on such trade flows, and explores the potential for further expansion of trade flows between Australia and East Asia. The analysis is based on modified gravity trade models. Separate...