School of Economics: Recent submissions
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Consumption Risk-sharing within Australia and with New Zealand
Published 2005-05-01quantify how output risks are smoothed within Australia, and between Australia and New Zealand. About 85 percent of shocks were smoothed within Australia through credit and capital markets, with fiscal policy a source of ...Open AccessWorking Paper -
Prices and Poverty in Urban Ethiopia
Published 2005-04-01Poverty is an ongoing issue in Ethiopia. The identification of policy options to address the problem primarily requires that poverty be measured accurately. One of the most important ingredients in the measurement of poverty ...Open AccessWorking Paper -
Growth and Business Cycles with Imperfect Credit Markets
Published 2003-07-01We study the process of growth and business cycles in an open economy which has access to international financial markets. The financial market imperfection originates from costly state verification and a positive probability ...Open AccessWorking Paper -
Stochastic Stability In A Double Auction
Published 2003-05-01In a k-double auction, a buyer and a seller must simultaneously announce a bid and an ask price respectively. Exchange of the indivisible good takes place if and only if the bid is at least as high as the ask, the trading ...Open AccessWorking Paper -
Real Interest Rate Equalisation: Some Evidence from East Asian Economies
Published 2003-11-01There has been on-going interest in testing the real interest rate equalisation (RIE) proposition in the International Finance literature. Previous studies produce mixed results for the RIE proposition. This paper examines ...Open AccessWorking Paper