Issues in designing an Australian macroeconomic model

ACDE Trade & Development Seminars

Speaker

Chris Murphy, Crawford School of Public Policy, ANU

Venue

Other, please see description for details

Date

Tuesday, 5 March, 2019 - 14:00 to 15:30

This paper discusses the issues in designing an Australian macroeconomic model to be used for both policy analysis and forecasting. Serving these dual functions requires a reasonable level of consistency with both macroeconomic theory (emphasised in New Keynesian DSGE models) and macroeconomic data (emphasised in VAR models). Balancing theory and data leads to an eclectic approach based on a macro-econometric model.

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/13807/issues-designing-australian-macroeconomic-model

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