An estimated New Keynesian policy model for Australia

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Show simple item record Buncic, Daniel Melecký, Martin 2008-03-28T11:17:44Z 2008-03-28T11:17:44Z 2008
dc.identifier.citation Economic record. 2008, vol 84, issue 264, p 1-16. en
dc.identifier.issn 0013-0249
dc.description.abstract An open economy New Keynesian policy model for Australia is estimated in this study. We investigate how important external shocks are as a source of macroeconomic fluctuations when compared to domestic ones. The results of our analysis suggest that the Australian business cycle and domestic inflation are most affected by domestic demand and supply shocks, respectively. However, domestic output also appears to be strongly affected by foreign demand shocks and domestic inflation by exchange rate shocks. Domestic variables do not seem to be significantly affected by foreign supply and monetary policy shocks. en
dc.language.iso en en
dc.publisher Blackwell Publishing en
dc.relation.ispartofseries Economic record en
dc.relation.uri en
dc.subject monetary policy en
dc.subject exchange rate en
dc.subject framework en
dc.title An estimated New Keynesian policy model for Australia en
dc.type article en
dc.identifier.location Není ve fondu ÚK en
dc.identifier.doi 10.1111/j.1475-4932.2008.00443.x
dc.identifier.wos 000253982100001

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