CAMA Publications


Climate Change and Energy program

• Abayasekara A and Burke P, 2018, ‘The price elasticity of electricity demand in the United States: A three-dimensional analysis’. The Energy Journal 39(2), 123–145.
Burke P and Kurniawati S, 2018, ‘Electricity subsidy reform in Indonesia: Demand-side effects on electricity use’, Energy Policy 116, 410–421.
• Halawa E, Shi X, Nepal R, Sari NH, & James G, 2018, ‘The Prospect for an Australian–Asian Power Grid: A Critical Appraisal’. Energies. 11(1).
• Jamasb T, Nepal R and Sen A, 2018, ‘Small Systems, Big Targets: Power Sector Reforms and Renewable Energy in Small Systems’, Energy Policy, Vol. 116 (May), pp. 19-29, 2018.
McKibbin WJ, Morris AC, Wilcoxen PJ, and Liu W, 2018, ‘The role of border carbon adjustments in a US carbon tax’, Climate Change Economics, Vol. 9, No. 1 (2018) 1840011 (41 pages).

Commodities and the Macroeconomy program

• Alawadhi A, Al-Musallam M, Burney NA, Mohaddes K, 2018, ‘The Dynamics and Determinants of Kuwait’s Long-Run Economic Growth’, Economic Modelling, Volume 71, April 2018, Pages 289-304.
• Chudik A, Pesaran MH, Mohaddes K and Raissi M, 2018, ‘Rising Public Debt to GDP Can Harm Economic Growth’, Economic Letter, Federal Reserve Bank of Dallas, 13:3, pp. 1–4
• Cross J and Nguyen BH, ‘Time varying macroeconomic effects of energy price shocks: A new measure for China’, Energy Economics, Available online 17 May 2018, ISSN 0140-9883,
• Hoang NT and Nguyen BH, 2018, ‘Oil and Iron Ore Price Shocks: What Are the Different Economic Effects in Australia?’. Economic Record . doi:10.1111/1475-4932.12398
• Smith B and Wills S, ‘Left in the Dark: Oil and Rural Poverty’, Journal of the Association of Environmental and Resource Economists, forthcoming.
Wills S, 2018, ‘Leave the volatility fund alone: Principles for managing oil wealth, Journal of Macroeconomics’, Volume 55, Pages 332-352, ISSN 0164-0704.

Finance and the Macroeconomy program

• Amand SSt, Lombardi D and Siklos P, ‘Monetary Policy Spillovers: A Global Empirical Perspective’, International Journal of Central Banking (forthcoming).
• Bohl M, Essid B and Siklos P, ‘Short-Selling Bans and the Global Financial Crisis: Are They Inter-Connected?’, Applied Economics Quarterly (forthcoming).
• Burdekin R and Siklos P, ‘Quantifying the Impact of the November 2014 Shanghai-Hong Kong Stock Connect’, International Review of Economics and Finance (forthcoming).
Hassan G and Holmes M, 2018, ‘How Do Workers’ Remittances Respond to Lending Rates?’ International Migration, online (doi: 10.1111/imig.12445)
Hassan G, Holmes M and Valera H, 2018, ‘Does Inflation Targeting Matter for the Behavior of Inflation and Output Growth? Some Regime-based Evidence for Asian Economies’, Journal of Economic Studies, (forthcoming).
• Kapetanios G, Price SG and Young G, 2018, ‘A UK financial conditions index using targeted data reduction: forecasting and structural identification’. Econometrics and Statistics. ISSN 2452-3062
Kitney P, 2018, ‘Financial Factors and Monetary Policy: Determinacy and Learnability of Equilibrium’, Journal of Economic Dynamics and Control (forthcoming).
• Lütkepohl H, Milunovich G and Yang M, ‘Inference in Partially Identified Heteroskedastic Simultaneous Equations Models’, Journal of Econometrics (fortcoming).
• Nguyen J, Smyth R and Valadkhani A, 2018, ‘Mortgage product diversity: responding to consumer demand or protecting lender profit? An asymmetric panel analysis’, Applied Economics (forthcoming).
Siklos P, ‘Boom and Bust Cycles in Emerging Markets: How Important is the Exchange Rate?”, Journal of Macroeconomics (forthcoming).

Globalisation and Trade program

Vines D, Wills S, 2018, ‘The rebuilding macroeconomic theory project: an analytical assessment’, Oxford Review of Economic Policy, Volume 34, Issue 1-2, 5 January 2018, Pages 1–42.
Vines D, Wills S, 2018, ‘The financial system and the natural real interest rate: towards a ‘new benchmark theory model’’, Oxford Review of Economic Policy, Volume 34, Issue 1-2, 5 January 2018, Pages 252–268.

Growth, Demographics and Productivity program

Alpaslan B and Ali A, 2018, ‘The Spillover Effects of Innovative Ideas on Human Capital’, Review of Development Economics, 22(1), pp. 333-360.
• Kim S, Lee JW, McKibbin WJ, 2018, ‘Asia’s rebalancing and growth’, The World Economy, 2018; 1-23
Lee JW, 2017, ‘China’s economic growth and convergence’, World Economomy, 40(11), pp. 2455-2474.
Yakita A, ‘Fertility and education decisions and child-care policy effects in a Nash-bargaining family model’, forthcoming in Journal of Population Economics.

Macroeconomic Policy Frameworks program

Bellofatto AA and Besfamille M, 2018, ‘Regional state capacity and the optimal degree of fiscal decentralization’, Journal of Public Economics (forthcoming).
• Coibion O, Gorodnichenko Y, and Kumar S, ‘How do firms form their expectations: new survey evidence’, forthcoming in American Economic Review.
• Davis S, Fujiwara I and Wang J, ‘Dealing with Time-Inconsistency: Inflation Targeting vs. Exchange Rate Targeting’, Journal of Money, Credit and Banking (forthcoming).
Dennis R, Fujiwara I and Waki Y, ‘The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information”, Theoretical Economics (forthcoming).
• Froyen R and Guender A, 2018, ‘The Real Exchange Rate in Taylor Rules: an Assessment’, Economic Modelling (forthcoming).

Model Uncertainty and Macro-Econometrics

Manopimoke P, ‘Thai Inflation Dynamics in a Globalized Economy’, Journal of the Asia Pacific Economy, forthcoming.

Multi-Country Models and Methods program

McKibbin W and Stoeckel A, 2018, ‘Modeling a Complex World: Improving Macro Models’, Oxford Review of Economic Policy vol. 34 nos. 1-2.

Open Economy Macroeconomics program

• Sekine A and Tsuruga T, ‘Effects of Commodity Price Shocks on Inflation: A Cross-country Analysis’, Oxford Economic Papers, forthcoming (CAMA WP 45/2017).

Updated:  31 August 2017/Responsible Officer:  Crawford Engagement/Page Contact:  CAMA admin