CAMA Working Papers

From Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
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2025-60: The Global Reach of US Monetary Policy: Suggestive Evidence from the Global Financial Crisis and the COVID-19 Pandemic

Alfred V Guender, Jacob Greig, Kuntal Das and Jakub Pesek

2025-59: Tariff Policy Activism and the Trade Balance Under Multiplicative Uncertainty: A Cautionary Tale

Alfred V Guender and Onur Koska

2025-58: Is Inflation Driven by Aggregate or Sectoral Output Gaps?

James Morley and Jieying Zhang

2025-57: Strategic Complementarity and Slow Inflation Convergence: Evidence from Dynamic Beauty Contest

Kozo Ueda, Yoshio Kamijo and Hideaki Minami

2025-56: Dollar Funding and Housing Markets: The Role of Non-US Global Banks

Torsten Ehlers, Mathias Hoffmann and Alexander Raabe

2025-55: Environmental Pressure in Supply Chains: Pass-Through Effects on R&D and Innovation

Tiago Cavalcanti, Kamiar Mohaddes, Hongyu Nian and Haitao Yin

2025-54: Forecasting Oil and Natural Gas Prices: A Model Combination Approach

Ruben Aag, Hilde Bjørnland and Peder Eliassen

2025-53: Data-Driven Learning About Trend Productivity Growth

Eiji Goto, Jan Jacobs and Simon van Norden

2025-52: Bayesian Estimation of DSGE Models: An Update

Pablo A. Guerron-Quintana and James Nason

2025-51: Women's Education, Employment, and Cost of Family Formation: A Structural Analysis of Fertility Decline in Korea

Jong-Wha Lee and Eunbi Song

2025-50: Persistent Global Growth Differences and Euro Area Adjustment: Real Activity, Trade and the Real Exchange Rate

Adrian Ifrim, Robert Kollmann, Philipp Pfeiffer, Marco Ratto and Werner Roeger

2025-49: Rapid Productivity Growth in Asia: Internal and External Financing

Renee Fry-McKibbin, Weifeng Larry Liu and Warwick McKibbin

2025-48: Driving Down Personal Aviation Demand

Anthony Wiskich

2025-47: Monetary Policy and Informal Labor Markets

Satadru Das, Chetan Ghate, Subhadeep Halder, Debojyoti Mazumder, Sreerupa Sengupta and Satyarth Singh

2025-46: Greening thy Neighbour: How the US Inflation Reduction Act Drives Climate Finance Globally

Daniel te Kaat, Alexander Raabe and Yuanjie Tian

2025-45: Nowcasting Transaction-Based House Price Indices Using Web-Scraped Listings and MIDAS Regression

Radoslaw Trojanek, Luke Hartigan, Norbert Pfeifer and Miriam Steurer

2025-44: From Tailwinds to Headwinds: Emerging and Developing Economies in the Twenty-First Century

Mirco Balatti, Ayhan Kose, Kate McKinnon, Edoardo Palombo, Naotaka Sugawara, Guillermo Verduzco-Bustos and Dana Vorisek

2025-43: Words Matter: Central Bank Communication and Household Expectations in a Global Panel

Martin Feldkircher and Christos A. Makridis

2025-42: Strategic Stockpiling Reduces the Geopolitical Risk to the Supply Chain of Copper and Lithium

Joaquin Vespignani, Russell Smyth and Jamel Saadaoui

2025-41: Higher Education Quality, Income and Innovation: Cross-Country Evidence

Hanol Lee and Jong-Wha Lee

2025-40: The Return of Inflation: Look-Through Policy Under Incomplete Information

Ginters Buss and Guido Traficante

2025-39: The Drivers and Macroeconomic Impacts of Low-Carbon Innovation: A Cross-Country Exploration

Zeina Hasna, Henry Hatton, Florence Jaumotte, Jaden Kim, Kamiar Mohaddes and Samuel Pienknagura

2025-38: Federal Reserve Communication and the COVID-19 Pandemic

Jonathan Benchimol, Sophia Kazinnik and Yossi Saadon

2025-37: Low-Carbon Transition Policies, Skill-Driven Inequality, and Endogenous Political Cleavages

Marwil Dávila-Fernández, Christian Proaño and Serena Sordi

2025-36: Why Institutions Endure: Norms, Leadership, and What Enables Reform

Omer Majeed

2025-35: What Do Central Bankers Talk About? Evidence From the BIS Archive

Martin Feldkircher, Petr Korab and Viktoriya Teliha

2025-34: Estimating Behavioral Inattention

Jonathan Benchimol, Lahcen Bounader and Mario Dotta

2025-33: The Effects of Macroeconomic Shocks and Uncertainty on Bangladesh's Fiscal Sustainability

Mohammad Mahabub Alam

2025-32: Of House and Home-Related Goods: The Home Purchase Channel of Expenditure

Giovanni Favara, James Graham and Geng Li

2025-31: Long-Term Projections of the World Economy

Weifeng Larry Liu and Warwick McKibbin

2025-30: Tradeoffs over Rate Cycles: Activity, Inflation and the Price Level

Kristin Forbes, Jongrim Ha and Ayhan Kose

2025-29: Fiscal Dominance and the Maturity Structure of Debt

Piyali Das, Chetan Ghate and Subhadeep Halder

2025-28: Learning, Heuristics and Anchored Inflation: How Do Different Types of Consumer Change Their Minds about Inflation?

Kevin Lee, Viet Nguyen and Kalvinder Shields

2025-27: Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes

Christian Proaño and Jonas Dix

2025-26: Climate Hazards and the Health-Remittance Trade-off: Experimental Evidence from Rural Bangladesh

Gazi Hassan

2025-25: The Financial Instability – Monetary Policy Nexus: Evidence from the FOMC Minutes

Dimitrios Kanelis, Lars H. Kranzmann and Pierre L. Siklos

2025-24: How Important Is Global R-Star for Open Economies?

James Morley and Benjamin Wong

2025-23: The Trade-Inflation Nexus: The Role of Production Networks

Thuy Hang Duong and Weifeng Larry Liu

2025-22: Inflation Dynamics in Production Networks

Yasuo Hirose, Munechika Katayama, Kozo Ueda and Kota Watanabe

2025-21: The Macroeconomic Fragility of Critical Mineral Markets

Wilson Kang, Russell Smyth and Joaquin Vespignani

2025-20: Endogenous Business Cycles with Small and Large Firms

Qazi Haque, Oscar Pavlov and Mark Weder

2025-19: Re-visiting the Relationship Between Oil Prices and Monetary Policy

Hilde Bjørnland, Jamie Cross and Jonas Holz

2025-18: Understanding Structural Change from Transitioning to a Low-Carbon Economy: An Integrated Multi-Model Approach for Australia

Marc Jim M. Mariano, George Verikios and Yingying Lu

2025-17: Personal Inflation Rates in the Euro Area

Michal Marenčák and Giang Nghiem

2025-16: Branch Banking and Regional Financial Markets: Evidence from Prewar Japan

Mathias Hoffmann, Tetsuji Okazaki and Toshihiro Okubo

2025-15: Defensive Hiring and Creative Destruction

Jesus Fernandez-Villaverde, Yang Yu and Francesco Zanetti

2025-14: Value, Values, and the Role of Awareness

Sandra Eickmeier

2025-13: Monetary Policy Transmission and Household Indebtedness in Australia

Khuderchuluun Batsukh, Nicolas Groshenny and Naveed Javed

2025-12: Charting the Uncharted: The (Un)Intended Consequences of Oil Sanctions and Dark Shipping

Jesus Fernandez-Villaverde, Yiliang Li, Le Xu and Francesco Zanetti

2025-11: Revisiting the Ancient Origins of Gender Inequality

Trung Vu