Search Results

Showing results 1 to 10 of approximately 31.

(refine search)

Conference Paper
Financial reform: the Australian experience

Proceedings , Issue Dec , Pages 105-112

Journal Article
Financial reform in Australia and New Zealand

Economic Review , Issue Win , Pages 9-24

Working Paper
An analysis of the welfare implications of alternative exchange rate regimes: an intertemporal model with an application

We construct a two-period model of an open economy and use the model to analyze the welfare implications of fixed and floating exchange regimes. Consumers have perfect foresight and save by holding domestic and foreign bonds, which are chosen according to relative interest rates, deflated by the rate of devaluation of the domestic currency. The government produces a pure public good and finances its deficits by issuing money, domestic bonds, and by foreign borrowing. The government's bonds compete with private investment, which is entirely debt financed. Foreign exchange, i.e., foreign bonds, ...
International Finance Discussion Papers , Paper 273

Working Paper
Is it possible to find an econometric law that works well in explanation and prediction? The case of Australian money demand

Finance and Economics Discussion Series , Paper 128

Conference Paper
Overseas financial sector deregulation: lessons from Australia and New Zealand

Proceedings , Paper 59

Journal Article
Macroeconomic shocks and business cycles in Australia

A small vector autoregression model is estimated to assess how demand and supply shocks influence Australian output and price behavior. The model is identified by assuming that aggregate demand shocks have transitory effects on output, while aggregate supply shocks have permanent effects. The paper describes how Australian macroeconomic variables respond to demand and supply shocks in the short run and in the long run. It also finds that demand shocks are dominant in determining fluctuations in Australian output at a one-quarter horizon, but supply shocks assume the larger role at longer ...
Economic Review

Working Paper
The conduct of monetary policy in a world of increasing capital mobility: a look back at Australian experience in the 1980s

Pacific Basin Working Paper Series , Paper 91-01

Journal Article
Ups and downs, down under

FRBSF Economic Letter

Working Paper
Financial aggregates as conditioning information for Australian output and inflation

This paper examines whether financial aggregates provide information useful for predicting real output growth and inflation, extending the inquiry conducted in Tallman and Chandra (1996). First, we investigate whether perfect knowledge of the future values of financial aggregates helps improve significantly the forecasting accuracy of output and inflation in a simple vector autoregression framework. The results display only one notable improvement to the forecasts with the addition of perfect information on the financial aggregates?future information on credit growth helps improve the ...
FRB Atlanta Working Paper , Paper 97-8

Working Paper
Forecasting Australian monetary aggregates

Finance and Economics Discussion Series , Paper 55


FILTER BY Content Type


FILTER BY Keywords