Observations on the Australian Business Cycle

Nopphawan Photphisutthiphong and Mark Weder
Additional contact information
Nopphawan Photphisutthiphong: Rajamangala University of Technology Thanyaburi

Journal of Business Cycle Research, 2016, vol. 12, issue 2, No 1, 164 pages

Abstract: Abstract What accounts for the Australian business cycle, what caused the economic slumps and what factors contributed to the decades’ buoyancy? To understand these questions, the current paper decomposes the Australian business cycle into its sources for the period 1980–2014. Our main finding is that the efficiency wedge and the investment wedge are the major forces behind Australian output variations. The efficiency wedge is behind the growth slowdown that emerged in the mid 2000s.

Keywords: Australia; Economic fluctuations; Business cycle accounting (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://link.springer.com/10.1007/s41549-016-0007-0 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jbuscr:v:12:y:2016:i:2:d:10.1007_s41549-016-0007-0

Ordering information: This journal article can be ordered from
http://www.springer. ... nomics/journal/41549

DOI: 10.1007/s41549-016-0007-0

Access Statistics for this article

Journal of Business Cycle Research is currently edited by Michael Graff

More articles in Journal of Business Cycle Research from Springer, Centre for International Research on Economic Tendency Surveys (CIRET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().