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Appendix A: Description of AUS-M

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
RDP 2014-08: The Effect of the Mining Boom on the Australian Economy Appendix A: Description of AUS-M. ... Other key elements of AUS-M in addition to those in TRYM include:.
https://www.rba.gov.au/publications/rdp/2014/2014-08/appendix-a.html

Modelling the Mining Boom

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
However, the level of detail in AUS-M provides a constraint on that. ... Like all models, AUS-M is a simplification. It relies on data of uneven reliability and applicability.
https://www.rba.gov.au/publications/rdp/2014/2014-08/mod-min-boo.html

The Effect of the Mining Boom on the Australian Economy

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
Research Discussion Paper – RDP 2014-08 The Effect of the Mining Boom on the Australian Economy. Peter Downes. , Kevin Hanslow. and Peter Tulip. August 2014 – ISSN 1320-7229 (Print), ISSN 1448-5109 (Online). 2.02. MB. The Discussion Paper series
https://www.rba.gov.au/publications/rdp/2014/2014-08/

The Effect of the Mining Boom on the Australian Economy

22 Aug 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
exchange rate, forecasting, households, mining, modelling. This paper estimates the effects of the mining boom in Australia, using a large-scale structural macroeconometric model, AUS-M.
https://www.rba.gov.au/publications/rdp/2014/2014-08.html

Appendix B: Comparisons to the Monash Model

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
The Monash model has a simpler treatment of short-term dynamics and macroeconomic relationships than AUS-M. ... These are ordinarily classified as manufacturing exports in MMRF but as mining exports in AUS-M.
https://www.rba.gov.au/publications/rdp/2014/2014-08/appendix-b.html

Appendix C: Modifications to the Model

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
Download the Paper 2.02. MB. Although AUS-M is designed to be able to simulate a wide range of scenarios, the mining shock we consider pushes the model into unfamiliar ... Were these changes to be a routine feature of AUS-M simulations, we would modify
https://www.rba.gov.au/publications/rdp/2014/2014-08/appendix-c.html

Sectoral Responses

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
AUS-M's treatment of industry responses can be broken down into several stages. ... AUS-M classifies aluminium exports within the mining category, though elsewhere it is often considered as part of manufacturing.
https://www.rba.gov.au/publications/rdp/2014/2014-08/sec-res.html

Aggregate Responses

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
Many of the effects of the mining boom estimated by AUS-M reflect changes in the exchange rate. ... In the absence of the mining boom, AUS-M suggests that the unemployment rate may have remained well above the NAIRU for an extended period of time.
https://www.rba.gov.au/publications/rdp/2014/2014-08/agg-res.html

Conclusion

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
Indeed, an important reason models like AUS-M exist is to allow users to explore alternative assumptions.
https://www.rba.gov.au/publications/rdp/2014/2014-08/conclusion.html

Introduction

31 Dec 2014 RDP 2014-08
Peter Downes, Kevin Hanslow and Peter Tulip
This paper attempts to quantify some of its effects, using a large-scale structural model of the Australian economy, AUS-M.
https://www.rba.gov.au/publications/rdp/2014/2014-08/introduction.html