Publications

Publications 2007

Dr Prasad Bhattacharya of Macroeconometric Models and Methods Program

With Thomakos DD, 2007. "Trade, openness, and domestic conflict: an empirical investigation for Latin America, "Economics of Peace and Security Journal, Economists for Peace and Security (UK), vol. 2(2), pages 77-80, June.

Dr Melisso Boschi of Finance and the Macroeconomy Program

With Girardi A, 2007. "Euro area inflation: long-run determinants and short-run dynamics," Applied Financial Economics, Taylor and Francis Journals, vol. 17(1), pages 9-24.

Dr Iris Claus of Macroeconomic Policy Frameworks Program

2007. "The Effects of Bank Lending in an Open Economy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(5), pages 1213-1243, 08.
2007. "Tax Policy Reform and Economic Performance in New Zealand," Asian Economic Papers, MIT Press, vol. 6(2), pages 79-108, May.

Professor Richard Dennis of Macroeconomic Policy Frameworks Program

With Williams JC, 2007. "Monetary policy, transparency, and credibility: conference summary," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue May 25.
2007. "Fixing the New Keynesian Phillips curve," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue Nov 30.
2007. "Optimal Policy In Rational Expectations Models: New Solution Algorithms," Macroeconomic Dynamics, Cambridge University Press, vol. 11(01), pages 31-55, February.

Professor Mardi Dungey of Finance and the Macroeconomy Program

With Martin VL, 2007. "Unravelling financial market linkages during crises," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(1), pages 89-119.

Dr Gerald Jr. Dwyer of Finance and the Macroeconomy Program

With Hasan I, 2007. "Suspension of payments, bank failures, and the nonbank public's losses," Journal of Monetary Economics, Elsevier, vol. 54(2), pages 565-580, March.

Associate Professor Ippei Fujiwara of Macroeconomic Policy Frameworks, and Multi-Country Models and Methods Program

2007. "Is there a direct effect of money?: Money's role in an estimated monetary business cycle model of the Japanese economy," Japan and the World Economy, Elsevier, vol. 19(3), pages 329-337, August.
With Hara N, Hirakata N, Kimura T, and Watanabe S, 2007. "Japanese Monetary Policy during the Collapse of the Bubble Economy: A View of Policymaking under Uncertainty," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 25(2), pages 89-128, November.

Dr Martin Fukac of Macroeconomic Theory Program

With Pagan AR, 2007. "Commentary on "An estimated DSGE model for the United Kingdom"," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 233-240.

Professor Viv B Hall of Macroeconomic Policy Frameworks Program

With McDermott, 2007. "Regional business cycles in New Zealand: Do they exist? What might drive them?," Papers in Regional Science, Wiley Blackwell, vol. 86(2), pages 167-191, 06.

Associate Professor Jan PAM Jacobs of Finance and the Macroeconomy Program

With Toolsema LA, 2007. "Why do prices rise faster than they fall? With an application to mortgage rates," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(7), pages 701-712.

Dr Jan Libich of Macroeconomic Policy Frameworks Program

With Hallett AH, 2007. "Fiscal-monetary Interactions: The Effect of Fiscal Restraint and Public Monitoring on Central Bank Credibility," Open Economies Review, Springer, vol. 18(5), pages 559-576, November.

Professor Anthony (Tony) Makin of Macroeconomic Policy Frameworks Program

2007. "Re-Examining The Effectiveness Of Stabilisation Policy," Australian Economic Papers, Wiley Blackwell, vol. 46(4), pages 348-359, December.
2007. "Does China's Huge External Surplus Imply an Undervalued Renminbi?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(3), pages 89-102.
2007. "To Peg Or Not To Peg?," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 52(01), pages 39-52.

Professor Mardi Dungey and Professor Renee Fry McKibbin of Finance and the Macroeconomy Program

With Gonzalez-Hermosillo B and Martin VL, 2007. "Contagion in global equity markets in 1998: The effects of the Russian and LTCM crises," The North American Journal of Economics and Finance, Elsevier, vol. 18(2), pages 155-174, August

Professor Warwick McKibbin of Climate Change and Energy, Macroeconomics and Longer Run Issues, and Multi-Country Models and Methods Program

With Ang JB, 2007. "Financial liberalization, financial sector development and growth: Evidence from Malaysia,"Journal of Development Economics, Elsevier, vol. 84(1), pages 215-233, September.
With Pearce D, Stegman A, 2007. "Long term projections of carbon emissions,"International Journal of Forecasting, Elsevier, vol. 23(4), pages 637-653.
2007. "From National to International Climate Change Policy,"Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 40(4), pages 410-420, December.

Dr Karen A Mumford of Macroeconomic Policy Frameworks Program

2007. "Handbook on the Economics of Discrimination - Edited by William M. Rodgers III,"British Journal of Industrial Relations, London School of Economics, vol. 45(1), pages 204-206, 03.

Dr Karen A Mumford of Macroeconomic Policy Frameworks Program and Professor Peter N Smith of Finance and the Macroeconomy Program

2007. "The Gender Earnings Gap In Britain: Including The Workplace," Manchester School, University of Manchester, vol. 75(6), pages 653-672, December.

Professor Jeffrey Sheen of Macroeconomic Policy Frameworks Program

With Chaudhuri K, 2007. "To Pool or to Aggregate? Tests with a Dynamic Panel Macroeconometric Model of Australian State Labor Markets," The B.E. Journal of Macroeconomics, De Gruyter, vol. 7(1), pages 1.
With Kim D, 2007. "Consumption Risk-Sharing within Australia and with New Zealand," The Economic Record, The Economic Society of Australia, vol. 83(260), pages 46-59, 03.

Dr Alison Stegman of Climate Change and Energy Program

With McKibin WJ and Pearce D, 2007. "Long term projections of carbon emissions," International Journal of Forecasting, Elsevier, vol. 23(4), pages 637-653.

Professor David Stern of Climate Change and Energy Program

2007. "Mick Common and Sigrid Stagl, Ecological Economics: An Introduction, Cambridge University Press (2005) 592 pages ISBN: 13: 9780521816458," Ecological Economics, Elsevier, vol. 63(4), pages 829-830, September.

Dr Kam Ki Tang of Economic Growth and Development Program

With Chotikapanich D and Rao DSP, 2007. "Estimating Income Inequality In China Using Grouped Data And The Generalized Beta Distribution," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(1), pages 127-147, 03.
With Laurenceson J, 2007. "Opening China's Capital Account: Modeling the Capital Flow Response," Journal of Chinese Economic and Business Studies, Taylor and Francis Journals, vol. 5(1), pages 1-18.
With Zhang J, 2007. "Health, Education, And Life Cycle Savings In The Development Process," Economic Inquiry, Western Economic Association International, vol. 45(3), pages 615-630, 07.

Associate Professor Christoph Thoenissen of Macroeconomic Policy Frameworks Program

With Bhattacharjee A, 2007. "Money And Monetary Policy In Dynamic Stochastic General Equilibrium Models," Manchester School, University of Manchester, vol. 75(s1), pages 88-122, 09.

Professor Rod Tyers of Multi-Country Models and Methods Program

With Menezes FM and Pracz M, 2007. "Strategic Interaction amongst Australia's East Coast Ports," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 40(3), pages 267-278, 09.
With Shi Q, 2007. "Demographic Change and Policy Responses: Implications for the Global Economy," The World Economy, Wiley Blackwell, vol. 30(4), pages 537-566, 04.

Professor David Vines of Globalisation and Trade Program

With Hoekman B, 2007. "Multilateral trade cooperation: what next?," Oxford Review of Economic Policy, Oxford University Press, vol. 23(3), pages 311-334, Autumn.
With Kirsanova T, Satchi M, and Wren-Lewis S, 2007. "Optimal Fiscal Policy Rules in a Monetary Union," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 39(7), pages 1759-1784, October.
With Garnaut R, 2007. "Regional free-trade areas: sorting out the tangled spaghetti," Oxford Review of Economic Policy, Oxford University Press, vol. 23(3), pages 508-527, Autumn.

Professor Mark Wright of Globalisation and Trade Program

With Tomz M, 2007. "Do Countries Default in "Bad Times" ?," Journal of the European Economic Association, MIT Press, vol. 5(2-3), pages 352-360, 04-05.
With Rossi-Hansberg E, 2007. "Urban Structure and Growth," Review of Economic Studies, Wiley Blackwell, vol. 74(2), pages 597-624, 04.
With Rossi-Hansberg E, 2007. "Establishment Size Dynamics in the Aggregate Economy," American Economic Review, American Economic Association, vol. 97(5), pages 1639-1666, December.

Professor Daniel Zizzo of Behavioural Macroeconomics and Complexity Program

With Tan JHW, 2007. "Perceived harmony, similarity and cooperation in 2 x 2 games: An experimental study," Journal of Economic Psychology, Elsevier, vol. 28(3), pages 365-386, June.
With Sgroi D, 2007. "Neural networks and bounded rationality," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 375(2), pages 717-725.
With Bacharach M and Guerra G, 2007. "The Self-Fulfilling Property of Trust: An Experimental Study," Theory and Decision, Springer, vol. 63(4), pages 349-388, December.