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In 2008

  • RDP 2008-10: Solving Linear Rational Expectations Models with Predictable Structural Changes
  • RDP 2008-09: A Term Structure Decomposition of the Australian Yield Curve
  • RDP 2008-08: The Role of International Shocks in Australia's Business Cycle
  • RDP 2008-07: A Medium-scale Open Economy Model of Australia
  • RDP 2008-06: Promoting Liquidity: Why and How?
  • RDP 2008-05: Understanding the Flattening Phillips Curve
  • RDP 2008-04: A Small BVAR-DSGE Model for Forecasting the Australian Economy
  • RDP 2008-03: Monetary Transmission and the Yield Curve in a Small Open Economy
  • RDP 2008-02: Combining Multivariate Density Forecasts Using Predictive Criteria
  • RDP 2008-01: A Sectoral Model of the Australian Economy

Research Discussion Paper – RDP 2008-07 A Medium-scale Open Economy Model of Australia

Jarkko Jääskelä and Kristoffer Nimark

December 2008

  • Abstract
  • Download the Paper 877KB

Contents

  • Introduction
  • The Model – Main Features
  • Measurement and Estimation Strategy
  • Empirical Results
  • Conclusion
  • Appendix A: Data Description and Sources
  • Appendix B: The Linearised Model
  • Appendix C: Supplementary Tables
  • Appendix D: Supplementary Figures
  • References

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