In March 1989, U.S. Treasury Secretary Brady proposed a new approach to resolving the developing country debt problem and restoring the creditworthiness of restructuring countries. The Brady Plan encouraged market-based reductions in debt and debt service for countries implementing economic...

The TRYM model is a dynamic general equilibrium model of the Australian economy that is maintained by the Australian Treasury. It is used by Treasury as one input into the process of policy analysis and economic forecasting. As part of ongoing review of the model, we have been examining the...

We use past forecast errors to construct confidence intervals around Australian Government Budget forecasts of key economic and fiscal variables. These confidence intervals provide an indication of the extent of uncertainty around the point estimate forecasts presented in the Budget.

This article will analyse the structural and cyclical factors affecting past and expected future Australian Government tax receipts. As a share of the economy, taxes are expected to remain well below the levels of the mid-2000s.

The determination of an optimal feeding and marketing strategy for a beef grazing enterprise is formulated as a dynamic programming problem. It is supposed that a decision has to be made from time to time as to whether to market animals at their current weights or to retain them for further...