Author: D. W. Challen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 426
Book Description
Modelling the Australian Economy
Author: D. W. Challen
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 426
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 426
Book Description
Extending a SVAR Model of the Australian Economy
Author: Mardi Dungey
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Dungey and Pagan (2000) present a SVAR model of the Australian economy which models macroeconomic outcomes as transitory deviations from a deterministic trend. In this paper we extend that model in two directions. First, we relate it to an emerging literature on Dynamic Stochastic General Equilibrium modelling of small open economies. Second, we allow for both transitory and permanent components in the series and show how this modification has an impact on the design of macroeconomic models.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Dungey and Pagan (2000) present a SVAR model of the Australian economy which models macroeconomic outcomes as transitory deviations from a deterministic trend. In this paper we extend that model in two directions. First, we relate it to an emerging literature on Dynamic Stochastic General Equilibrium modelling of small open economies. Second, we allow for both transitory and permanent components in the series and show how this modification has an impact on the design of macroeconomic models.
Economic Modeling of Water
Author: Glyn Wittwer
Publisher: Springer Science & Business Media
ISBN: 9400728751
Category : Business & Economics
Languages : en
Pages : 195
Book Description
The book details the innovative TERM (The Enormous Regional Model) approach to regional and national economic modeling, and explains the conversion from a comparative-static to a dynamic model. It moves on to an adaptation of TERM to water policy, including the additional theoretical and database requirements of the dynamic TERM-H2O model. In particular, it examines the contrasting economic impacts of water buyback policy and recurring droughts in the Murray-Darling Basin. South-east Queensland, where climate uncertainty has been borne out by record-breaking drought and the worst floods in living memory, provides a chapter-length case study. The exploration of the policy background and implications of TERM’s dynamic modeling will provide food for thought in policy making circles worldwide, where there is a pressing need for solutions to similarly intractable problems in water management.
Publisher: Springer Science & Business Media
ISBN: 9400728751
Category : Business & Economics
Languages : en
Pages : 195
Book Description
The book details the innovative TERM (The Enormous Regional Model) approach to regional and national economic modeling, and explains the conversion from a comparative-static to a dynamic model. It moves on to an adaptation of TERM to water policy, including the additional theoretical and database requirements of the dynamic TERM-H2O model. In particular, it examines the contrasting economic impacts of water buyback policy and recurring droughts in the Murray-Darling Basin. South-east Queensland, where climate uncertainty has been borne out by record-breaking drought and the worst floods in living memory, provides a chapter-length case study. The exploration of the policy background and implications of TERM’s dynamic modeling will provide food for thought in policy making circles worldwide, where there is a pressing need for solutions to similarly intractable problems in water management.
An Introduction to Australian Economy-wide Modelling
Author: Colin P. Hargreaves
Publisher:
ISBN: 9780858348073
Category : Macroeconomics
Languages : en
Pages : 45
Book Description
Publisher:
ISBN: 9780858348073
Category : Macroeconomics
Languages : en
Pages : 45
Book Description
A Multi-sector Model of the Australian Economy
Macroeconomic Fluctuations in the Australian Economy
Author: Jeremy Smith
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 76
Book Description
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 76
Book Description
Modelling Money Demand in Australian Economy-wide Models
Author: Colin P. Hargreaves
Publisher:
ISBN: 9780858349605
Category : Demand for money
Languages : en
Pages : 40
Book Description
Publisher:
ISBN: 9780858349605
Category : Demand for money
Languages : en
Pages : 40
Book Description
Modelling Fiscal Policy with OLGA Treasury's OverLapping Generations Model of the Australian Economy
Author: Yiyong Cai
Publisher:
ISBN: 9781925832822
Category :
Languages : en
Pages : 0
Book Description
To meet the needs of a broad set of internal and external stakeholders now and into the future the Australian Treasury maintains a significant macroeconomic modelling capability. Treasury's current inhouse capability is similar to that of the US Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT). These agencies have a suite of macroeconomic models to quantify the general equilibrium effects of policy on economic activity, household welfare and public finances. In this paper we introduce one of the models in that suite, Treasury's overlapping generations model of the Australian economy (hereafter OLGA). OLGA has been developed by economists in Treasury's Macroeconomic Analysis and Policy Division to support Treasury's counterfactual fiscal policy analysis. OLGA is a small open economy variant of the well-known lifecycle model developed by Auerbach and Kotlikoff (1987). It has been calibrated to Australian data and policy settings.
Publisher:
ISBN: 9781925832822
Category :
Languages : en
Pages : 0
Book Description
To meet the needs of a broad set of internal and external stakeholders now and into the future the Australian Treasury maintains a significant macroeconomic modelling capability. Treasury's current inhouse capability is similar to that of the US Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT). These agencies have a suite of macroeconomic models to quantify the general equilibrium effects of policy on economic activity, household welfare and public finances. In this paper we introduce one of the models in that suite, Treasury's overlapping generations model of the Australian economy (hereafter OLGA). OLGA has been developed by economists in Treasury's Macroeconomic Analysis and Policy Division to support Treasury's counterfactual fiscal policy analysis. OLGA is a small open economy variant of the well-known lifecycle model developed by Auerbach and Kotlikoff (1987). It has been calibrated to Australian data and policy settings.
ORANI-G
Author: Mark Horridge
Publisher:
ISBN: 9780732615239
Category : Equilibrium (Economics)
Languages : en
Pages : 69
Book Description
Publisher:
ISBN: 9780732615239
Category : Equilibrium (Economics)
Languages : en
Pages : 69
Book Description
Aspects of Macroeconometric Time Series Modelling
Author: Jeremy Paul Duncan Smith
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 806
Book Description
Publisher:
ISBN:
Category : Australia
Languages : en
Pages : 806
Book Description