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Displaying results 26 to 33 of 33.

  1. Turning point and oscillatory cycles
    Published: 2019
    Publisher:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, [Canberra]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 662
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CAMA working paper ; 2019, 74 (September 2019)
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  2. Unemployment in a commodity-rich economy
    how relevant is Dutch Disease?
    Published: April 2024
    Publisher:  CESifo, Munich, Germany

    We examine the relevance of Dutch Disease through the lens of an open-economy multisector model that features unemployment due to labor market frictions. Bayesian estimates for the model quantify the effects of both business cycle shocks and... more

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    We examine the relevance of Dutch Disease through the lens of an open-economy multisector model that features unemployment due to labor market frictions. Bayesian estimates for the model quantify the effects of both business cycle shocks and structural changes on the unemployment rate. Applying our model to the Australian economy, we find that the persistent rise in commodity prices in the 2000s led to an appreciation of the exchange rate and fall in net exports, resulting in upward pressure on unemployment due to sectoral shifts. However, this Dutch Disease effect is estimated to be quantitatively small and offset by an ongoing secular decline in the unemployment rate related to decreasing relative disutility of working in the non-tradable sector versus the tradable sector. The changes in labor supply preferences, along with shifts in household preferences towards non-tradable consumption that are akin to a process of structural transformation, makes the tradable sector more sensitive to commodity price shocks but a smaller fraction of the overall economy. We conclude that changesin commodity prices are not as relevant as other shocks or structural changes in accounting for unemployment even in a commodity-rich economy like Australia.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CESifo working papers ; 11092 (2024)
    Subjects: Dutch Disease; commodity prices; unemployment; structural change; structural transformation
    Scope: 1 Online-Ressource (circa 83 Seiten), Illustrationen
  3. Unemployment in a commodity-rich economy
    how relevant is Dutch disease?
    Published: April 2024
    Publisher:  [London School of Economics and Political Science], [London, UK]

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: [CFM discussion paper series] ; [CFM-DP 2024, 20]
    Subjects: Dutch Disease; commodity prices; unemployment; structural change; structural transformation
    Scope: 1 Online-Ressource (circa 81 Seiten), Illustrationen
  4. Term structure rules for monetary policy
    Published: 2006

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 267 (2006.02)
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    Series: Research discussion paper / Reserve Bank of Australia ; 2006,02
    Subjects: Zinsstruktur; Geldpolitik; Regelbindung versus Diskretion; Neoklassische Synthese
    Scope: II, 30 S., graph. Darst.
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  5. Money, interest rates, and monetary policy
    Published: 2005

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    B 353805
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    Content information
    Source: Union catalogues
    Language: English
    Media type: Dissertation
    Format: Print
    Subjects: Zinsstruktur; Keynesianismus; Makroökonometrie; Schätzung; USA; Geldpolitik; Phillips-Kurve; Regelbindung versus Diskretion; Zins; Theorie
    Scope: CXLVII S., graph. Darst.
    Notes:

    Kopie, ersch. im Verl. UMI, Ann Arbor, Mich. - Enth. 2 Beitr

    Zugl.: Boston, Mass., Boston College, Graduate School of Arts and Sciences, Dep. of Economics, Diss., 2005

  6. Disinflations in a model of imperfectly anchored expectations
    Published: 2015
    Publisher:  School of Economics, the Univ. of New South Wales, Kensington, NSW

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Australian School of Business working paper ; 2015,22
    Subjects: Inflationsbekämpfung; Zentralbank; Glaubwürdigkeit; Erwartungsbildung; Phillips-Kurve
    Scope: Online-Ressource (56 S.)
  7. Disinflations in a model of imperfectly anchored expectations
    Published: 2015
    Publisher:  Centre for Applied Macroeconomic Analysis, The Australian National Univ., Canberra

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CAMA working paper series ; 2015,36
    Subjects: Inflationsbekämpfung; Zentralbank; Glaubwürdigkeit; Erwartungsbildung; Phillips-Kurve
    Scope: Online-Ressource (57 S.)
  8. Implications of the slowdown in trend growth for fiscal policy in a small open economy
    Published: May 2020
    Publisher:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, Canberra

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VSP 1716
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CAMA working paper ; 2021, 18 (February 2021)
    Subjects: Open economy; trend growth; fiscal policy; real business cycles; estimation; structuralbreaks
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen