Economic modeling for Australia and the USA; Forecasts, policy analysis and comparitive studies of technology and labour market adjustment

  • Dixon, Peter (Primary Chief Investigator (PCI))

    Project: Research

    Project Details

    Project Description

    This project involves: a fundamental overhaul of MONASH, a widely used detailed dynamic model of the Australian economy; the creation of MONASH-USA for the United States; and several model-based Australia/US comparisons. MONASH's database and parameters will be updated, and its theoretical specification improved. MONASH-USA will be an advance over existing US models and will generate policy results of interest both in the United States and Australia. MONASH-USA will have an excellent database and is likely to produce insights on parameter estimation. These will be applicable in Australia. Together, MONASH and MONASH-USA will facilitate comparative studies of technology and labour-market performance.
    StatusFinished
    Effective start/end date15/09/0330/06/08

    Funding

    • Australian Research Council (ARC): A$152,971.00
    • Productivity Commission (PC) (Australia): A$120,000.00