We estimate a simultaneous discrete choice model for welfare participation and labour supply of two-adult households in Australia using the Income and Housing Costs Survey of 1994/1995. In this paper only unemployment-related welfare payments are considered. Welfare participation is assumed to...

Two large applied general equilibrium models, GTAP and MONASH, are used in this paper to simulate the elimination of trade barriers among the members of APEC. These models focus respectively on global trading relations and on the detailed sectoral, occupational, and regional dimensions of the...

MONASH-RES combines a top-down regional equation system with the MONASH dynamic model of Australia to produce regional forecasts or policy analysis. Experience indicates that MONASH-RES gives acceptable rankings of regional economic prospects but understates inter-regional differences. We...

The paper outlines the theory and database preparation of SinoTERM, a "bottom-up" computable general equilibrium model of the Chinese economy. The methodology by which we construct the multi-regional model allows us to present the economy of China in an unprecedented amount of detail. SinoTERM...

This paper explores the possibility of a Keynesian-like employment response in multi-sectoral neo-classical models such as the ORANI model of the Australian economy. One of the more controversial applications of ORANI has been its use in designing a macroeconomic policy package which stimulates...

A computable general equilibrium model of the South African economy (IDC-GEM) is outlined. The model is used to analyse the effects on the economy of increases in government spending such as are at the core of the new government's Reconstruction and Development Program. The analysis concentrates...

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...

In this paper, I use the Monash Multi-Country (MMC) model - a dynamic CGE model of China, Australia and the Rest of the World - to analyse the effects of removing border protection on wheat and rice in China. The analysis points to the possibility that removing border protection on wheat and...

In March 2005, the Productivity Commission released a report on the Economic Implications of an Ageing Australia. The report describes projections for a number of economic variables including population, labour force participation rates, labour supply, employment and hours worked per week. The...

MC-HUGE is a dynamic Computable General Equilibrium model of the Chinese economy. The core CGE part of the MC-HUGE model is based on that of the ORANI model. The dynamic mechanism of MC-HUGE is based on that of the MONASH model. This paper documents how the MC-HUGE model is calibrated to China's...