CAMA Working Papers

From Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University
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2024-07: Dynamic Effects of Weather Shocks on Production in European Economies

Daniele Colombo and Laurent Ferrara

2024-06: News or Animal Spirits? Consumer Confidence and Economic Activity: Redux

Sangyup Choi, Jaehun Jeong, Dohyeon Park and Donghoon Yoo

2024-05: Firm Level Expectations and Macroeconomic Conditions: Underpinnings and Disagreement

Monique Reid and Pierre Siklos

2024-04: Common Trends and Country Specific Heterogeneities in Long-Run World Energy Consumption

Yoosoon Chang, Yongok Choi, Chang Sik Kim, J. Miller and Joon Y. Park

2024-03: Speeches in the Green: The Political Discourse of Green Central Banking

Martin Feldkircher and Viktoriya Teliha

2024-02: Should the Fiscal Authority Avoid Implementation Lag?

Masataka Eguchi, Hidekazu Niwa and Takayuki Tsuruga

2024-01: Election-Induced Fiscal Policy Cycles in Emerging Market and Developing Economies

Jakob de Haan, Franziska Ohnsorge and Shu Yu

2023-66: What Explains Global Inflation

Jongrim Ha, Ayhan Kose, Franziska Ohnsorge and Hakan Yilmazkuday

2023-65: The Influence of Fiscal and Monetary Policies on the Shape of the Yield Curve

Yoosoon Chang, Fabio Gomez-Rodriguez and Christian Matthes

2023-64: Revisiting the Monetary Transmission Mechanism through an Industry-Level Differential Approach 

Sangyup Choi, Tim Willems and Seung Yong Yoo

2023-63: Price Stickiness and Strategic Uncertainty: An Experimental Study

Yukihiko Funaki, Kohei Kawamura, Nobuyuki Uto and Kozo Ueda

2023-62: Loan-to-Value Shocks and Housing in the Production Function

Vivek Sharma

2023-61: Impact of Physical Climate Risks on Antimicrobial Resistance

Roshen Fernando

2023-60: Impact of Demographic Trends on Antimicrobial Resistance

Roshen Fernando

2023-59: Optimal Forecast Combination with Mean Absolute Error Loss

Felix Chan and Laurent Pauwels

2023-58: State-Dependent Effects of Loan-to-Value Shocks

Vivek Sharma

2023-57: External Commodity Shocks and the Insulating Role of Fiscal Policy on Real Output: Evidence from a Commodity-Exporting Economy

Victor Pontines and Davaajargal Luvsannyam

2023-56: One Monetary Policy and Two Bank Lending Standards: A Tale of Two Europes 

Sangyup Choi, Kimoon Jeong and Jiseob Kim

2023-55: Shocks to the Lending Standards and the Macroeconomy

Vivek Sharma

2023-54: On the Trends of Technology, Family Formation, and Women’s Time Allocation

Sagiri Kitao and Kanato Nakakuni

2023-53: The Drivers of Emission Reductions in the European Carbon Market

Hilde Bjørnland, Jamie Cross and Felix Kapfhammer

2023-52: A Short History in Defence of Adaptive Learning

Stefano Eusepi and Bruce Preston

2023-51: Determinants of Agricultural Fires: An Aggregative Games Approach

Wilfredo Maldonado and Jessica A. Barbosa

2023-50: Global Economic Impacts of Physical Climate Risks

Roshen Fernando and Caterina Lepore

2023-49: Collateral Shocks, Lending Relationships and Economic Dynamics

Vivek Sharma

2023-48: Demographic Change and Long-Term Economic Growth Path in Asia

Jong-Wha Lee and Eunbi Song

2023-47: Estimating and Applying Autoregression Models via Their Eigensystem Representation

Leo Krippner

2023-46: Electricity Market Crisis in Europe and Cross Border Price Effects: A Quantile Return Connectedness Analysis

Hung Xuan Do, Rabindra Nepal, Son Duy Pham and Tooraj Jamasb

2023-45: Deficit Financing with the National Saving Certificate and Its Macroeconomic Consequences on Bangladesh's Economy

Mohammad Mahabub Alam

2023-44: Sustainability and Credit Spreads in Japan

Tatsuyoshi Okimoto and Sumiko Takaoka

2023-43: Recovering Stars in Macroeconomics

Daniel Buncic, Adrian Pagan and Tim Robinson

2023-42: Financial Condition Indices in an Incomplete Data Environment

Miguel Herculano and Punnoose Jacob

2023-41: Service Trade, Regional Specialization, and Welfare

Yuancheng Han, Jorge Miranda-Pinto and Satoshi Tanaka

2023-40: COVID-19, Mobility Restriction Policies and Stock Market Volatility: A Cross-Country Empirical Study

Richard Mawulawoea Ahadzie, Dan Daugaard, Moses Kangogo, Faisal Khan and Joaquin Vespignani

2023-39: Fuel Price Caps in the Australian National Wholesale Electricity Market

Armin Pourkhanali, Peyman Khezr, Rabindra Nepal and Tooraj Jamasb

2023-38: Dutch Disease, Unemployment and Structural Change

Mariano Kulish, James Morley, Nadine Yamout and Francesco Zanetti

2023-37: The Long-Run Phillips Curve is... a Curve

Guido Ascari, Paolo Bonomolo and Qazi Haque

2023-36: Volatility Spillovers and Carbon Price in the Nordic Wholesale Electricity Markets

Chenyan Lyu, Hung Xuan Do, Rabindra Nepal and Tooraj Jamasb

2023-35: Place-Based Energy Inequality for Ethnicities in Nepal

Rabindra Nepal, Rohan Best and Madeline Taylor

2023-34: Random Subspace Local Projections

Viet Hoang Dinh, Didier Nibbering and Benjamin Wong

2023-33: Impact of Uncertainty Shocks on Income and Wealth Inequality

Sangyup Choi and Jeeyeon Phi

2023-32: Did Marginal Propensities to Consume Change with the Housing Boom and Bust?

Yunho Cho, James Morley and Aarti Singh

2023-31: Health Externalities to Productivity and Efficient Health Subsidies

Siew Ling Yew and Jie Zhang

2023-30: Beyond Domar Weights: A New Measure of Systemic Importance in Production Networks 

Girish Bahal and Damian Lenzo

2023-29: The Effects of COVID-19 and JobKeeper on Productivity-Enhancing Reallocation in Australia

Dan Andrews, Elif Bahar and Jonathan Hambur

2023-28: Non-response Bias in Household Inflation Expectations Surveys

Meltem Chadwick, Rennae Cherry and Jaqueson Galimberti

2023-27: Perfect So Far? Substitutability Between Wind & Solar and Dirty Electricity Generation

Anthony Wiskich

2023-26: Can We Use High-Frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!

Jonathan Hambur and Qazi Haque

2023-25: Clean Innovation, Heterogeneous Financing Costs, and the Optimal Climate Policy Mix

Emanuele Campiglio, Alessandro Spiganti and Anthony Wiskich

2023-24: Does the Survey of Professional Forecasters Help Predict the Shape of Recessions in Real Time? 

Yunjong Eo and James Morley