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Displaying results 1 to 6 of 6.

  1. Implications of the slowdown in trend growth for fiscal policy in a small open economy
    Author: Beames, Alexander; Kulish, Mariano; Yamout, Nadine
    Published: May 2020
    Publisher:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, Canberra

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    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
  2. Unemployment in a commodity-rich economy
    how relevant is Dutch Disease?
    Author: Kulish, Mariano; Morley, James C.; Yamout, Nadine; Zanetti, Francesco
    Published: [2024]
    Publisher:  Department of Economics, University of Oxford, Oxford

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 454
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Department of Economics discussion paper series / University of Oxford ; number 1045 (April 2024)
    Subjects: Dutch Disease; commodity prices; unemployment; structural change; struc-tural transformation
    Scope: 1 Online-Ressource (circa 82 Seiten), Illustrationen
  3. Unemployment in a commodity-rich economy
    how relevant is Dutch disease?
    Author: Kulish, Mariano; Morley, James C.; Yamout, Nadine; Zanetti, Francesco
    Published: April 2024
    Publisher:  [London School of Economics and Political Science], [London, UK]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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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. Unemployment in a commodity-rich economy
    how relevant is Dutch Disease?
    Author: Kulish, Mariano; Morley, James C.; Yamout, Nadine; Zanetti, Francesco
    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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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63
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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
    Other identifier:
    hdl: 10419/300020
    Series: CESifo working papers ; 11092 (2024)
    Subjects: Dutch Disease; commodity prices; unemployment; structural change; structural transformation
    Scope: 1 Online-Ressource (circa 83 Seiten), Illustrationen
  5. Unemployment in a commodity-rich economy
    how relevant is dutch disease?
    Author: Kulish, Mariano; Morley, James C.; Yamout, Nadine; Zanetti, Francesco
    Published: 26 April 2024
    Publisher:  Centre for Economic Policy Research, London

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    Verlag (Deutschlandweit zugänglich)
    Verlag (Deutschlandweit zugänglich)

    Location:
    Staatsbibliothek zu Berlin - Preußischer Kulturbesitz, Haus Potsdamer Straße
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    Location:
    Staats- und Universitätsbibliothek Bremen
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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Location:
    Universitätsbibliothek Mannheim
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    Location:
    Universität Potsdam, Universitätsbibliothek
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    Source: Staatsbibliothek zu Berlin
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP19023
    Subjects: Dutch Disease; commodity prices; unemployment; structural change; struc-tural transformation
    Scope: 1 Online-Ressource (circa 84 Seiten), Illustrationen
  6. Dutch disease, unemployment and structural change
    Author: Kulish, Mariano; Morley, James C.; Yamout, Nadine; Zanetti, Francesco
    Published: 2023
    Publisher:  Australian National University, Crawford School of Public Policy, Canberra

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    Verlag (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VSP 1716
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CAMA working paper series ; 2023, 38 (August 2023)
    Subjects: Dutch disease; commodity prices; unemployment; structural change; structuraltransformation
    Scope: 1 Online-Ressource (circa 63 Seiten), Illustrationen