A Multi-sector Model of the Australian Economy

被引：23

作者：

Rees, Daniel M. ^{[1
]}

Smith, Penelope ^{[2
]}

Hall, Jamie ^{[3
]}

机构：

[1] Reserve Bank Australia, Econ Grp, Sydney, NSW, Australia

[2] Reserve Bank Australia, Financial Syst Grp, Sydney, NSW, Australia

[3] Kaggle, Sydney, NSW, Australia

来源：

ECONOMIC RECORD | 2016年 / 92卷 / 298期

关键词：

EXCHANGE-RATE MOVEMENTS; MONETARY-POLICY; INFLATION; SHOCKS;

D O I：

10.1111/1475-4932.12259

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper describes the dynamic stochastic general equilibrium (DSGE) model currently in use at the Reserve Bank of Australia. The model extends previous DSGE models of the Australian economy by incorporating multiple production sectors, including a resource sector. We estimate the model, describe its dynamic properties, illustrate its use in scenario analysis and use it to identify the sources of Australian business cycle fluctuations.

引用

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页码：374 / 408

页数：35

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