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A Stylised Description of the Model

23 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
For example, it is often instructive to examine how a shock would propagate through the economy if the cash rate were held constant. ... Evans, Moore and Rees (2019) show that it is possible to use MARTIN to examine the consequences of changes in labour
https://www.rba.gov.au/publications/rdp/2019/2019-07/a-stylised-description-of-the-model.html