A structural model of Australia as a small open economy
Mostra el registre complet Registre parcial de l'ítem
- dc.contributor.author Nimark, Kristoffer
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2020-05-25T09:27:07Z
- dc.date.available 2020-05-25T09:27:07Z
- dc.date.issued 2009-03-01
- dc.date.modified 2020-05-25T09:22:53Z
- dc.description.abstract This paper sets up and estimates a structural model of Australia as a small open economy using Bayesian techniques. Unlike other recent studies, the paper shows that a small microfounded model can capture the open economy dimensions quite well. Specifically, the model attributes a substantial fraction of the volatility of domestic output and inflation to foreign disturbances, close to what is suggested by unrestricted VAR studies. The paper also investigates the effects of various exogenous shocks on the Australian economy.
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1211
- dc.identifier.citation Australian Economic Review, 42 (1), pp. 24-41.
- dc.identifier.uri http://hdl.handle.net/10230/6060
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1211
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword Macroeconomics and International Economics
- dc.title A structural model of Australia as a small open economy
- dc.type info:eu-repo/semantics/workingPaper