Applied Macroeconomics Research Program

• Research Staff:
• Professor Guay Lim, Research Director of the Applied Macroeconomics Research Program
• Dr Michael Chua
• Dr Edda Claus
  
  
• Reports on indicators of economic activity and inflation
  • Westpac - Melbourne Institute Indexes of Economic Activity
  • Phase of Business Cycles - Australia
  • TD Securities - Melbourne Institute Monthly Inflation Gauge
  • Global Proxy – Melbourne Institute Shareholder Confidence Index
    
    
• Reports based on the Melbourne Institute survey of households
  • Westpac - Melbourne Institute Survey of Consumer Sentiment (Australia)
  • Westpac - Melbourne Institute Survey of Consumer Sentiment (NSW, Vic., Qld, WA, SA)
  • Westpac - Melbourne Institute Unemployment Expectations Report
  • Melbourne Institute Consumer Inflationary Expectations
  • Melbourne Institute Wages Report
  • Melbourne Institute Household Saving and Investment Report
    
    
• Report on the state of the Economy
  • Melbourne Institute Monthly Bulletin of Economic Trends
    
    
• Recent Working Papers
  • Bank and Official Interest Rates: How Do They Interact over Time? by G. C. Lim, Sarantis Tsiaplias and Chew Lian Chua   (Melbourne Institute Working Paper 4/2010)
  • A Latent Variable Approach to Forecasting the Unemployment Rate by Chew Lian Chua, G. C. Lim and Sarantis Tsiaplias (Melbourne Institute Working Paper 19/2009)
  • Examining Feedback, Momentum and Overreaction in National Equity Markets by Sarantis Tsiaplias  (Melbourne Institute Working Paper 18/2009) 
  • Philips Curve and the Equilibrium Rate of Unemployment by G. C. Lim, R. Dixon and S. Tsiaplias   (Melbourne Institute Working Paper 21/2008) 
  • Cyclical Government Spending, Income Inequality and Welfare in Small Open Economies by G. C. Lim and Paul D. McNelis   (Melbourne Institute Working Paper 18/2008) 
  • A Bayesian Simulation Approach to Inference on a Multi-State Latent Factor Intensity Model by Chew Lian Chua, G. C. Lim and Penelope Smith  (Melbourne Institute Working Paper 16/2008) 
  • A Univariate Model of Aggregate Labour Productivity by Robert Dixon and G. C. Lim  (Melbourne Institute Working Paper 09/2008) 
  • Forecasting Australian Macroeconomic Variables Using a Large Dataset by Sarantis Tsiaplias and Chew Lian Chua(Melbourne Institute Working Paper 4/2008) 
  • Can Consumer Sentiment and Its Components Forecast Australian GDP and Consumption? by Chew Lian Chua and Sarantis Tsiaplias(Melbourne Institute Working Paper 3/2008) 
  • What Drives Worker Flows? by Chew Lian Chua, Robert Dixon and G.C. Lim (Melbourne Institute Working Paper 34/2007) 
  • Co-movement and Integration among Developed Equity Markets by Sarantis Tsiaplias (Melbourne Institute Working Paper 25/2007)  
  • The Macroeconomic Content of Equity Market Factors by Sarantis Tsiaplias (Melbourne Institute Working Paper 23/2007)  
  • Permanent Structural Change in the US Short-Term and Long-Term Interest Rates. by Chew Lian Chua and Chin Nam Low (Melbourne Institute Working Paper 22/2007)  
  • A Metropolis-in-Gibbs Sampler for Estimating Equity Market Factor by Sarantis Tsiaplias (Melbourne Institute Working Paper 18/2007)  
  • Testing for a Unit Root in the Presence of a Jump Diffusion Process with GARCH Errors by Chew Lian Chua and Sandy Suardi (Melbourne Institute Working Paper 28/2006)  
  • Inflation Targeting, Learning and Q Volatility in Small Open Economies by G. C. Lim and Paul D. McNelis (Melbourne Institute Working Paper 22/2006)   
  • Fiscal and Current Account Balances in a Model with Sticky Prices and Distortionary Taxes by G. C. Lim and Paul D. McNelis (Melbourne Institute Working Paper 21/2006)
  • Beveridge-Nelson Decomposition with Markov Switching by Chin Nam Low, Heather Anderson and Ralph Snyder (Melbourne Institute Working Paper 14/2006)   
  • Response of Consumption to Income, Credit and Interest Rate Changes in Australia by Penelope A. Smith and Lei Lei Song (Melbourne Institute Working Paper 20/2005)
  • Is There a Unit Root in East-Asian Short-Term Interest Rates? by Chew Lian Chua and Sandy Suardi (Melbourne Institute Working Paper 14/2005)