Publications

FORTHCOMING

Behlul T. 2012. Book review 'Minsky'. History of Economic Review

Chua CL & Claus E. 2011. Consumer sentiment in Australia. CSIRO Publications.

Chua CL, Lim GC & Tsiaplias S. 2011. Latent Variable Approach to Forecasting the Unemployment Rate. Journal of Forecasting.

Chua CL, Lim G & Smith P. 2011. Bayesian Simulation Approach to Inference on a Multi-State Latent Factor Intensity Model. Australian & New Zealand Journal of Statistics.

Chua CL, Lim G & Smith P. 2011. Bayesian Simulation Approach to Inference on a Multi-State Latent Factor Intensity Model. Australian & New Zealand Journal of Statistics.

Claus E & Dungey . 2012. US monetary policy surprises: Identification with shifts and rotations in the term structure. Journal of Money, Credit & Banking.

Claus E & Lucey . 2012. Equity Market Integration in the Asia Pacific Region: Evidence from Discount Factors. Research in International Business and Finance.

Dickson DCM & Li SL. 2012. Erlang risk models and finite time ruin problems. Scandinavian Actuarial Journal.

Dixon RJ, Lim G & Freebairn JW. 2012. Regional Beveridge Curves: A Latent Variable Approach - Regional Studies.

Dixon R & Shepherd D. 2012. Regional Dimensions of the Australian Business Cycle -Regional Studies

Edmond C & Weill PO. 2012. Aggregate implications of micro asset market segmentation - Journal of Monetary Economics.

Frijters P, Johnston DW & Shields M. 2012. The Optimality of Tax Transfers: What does Life Satisfaction Data Tell Us? - Journal of Happiness Studies.

Lim GC & Mcnelis PD. 2011. Alternative Government Spending Rules: Effects on Income Inequality and Welfare. Macroeconomic Dynamics.

Lim GC & Mcnelis PD. 2011. Macroeconomic Volatility and Counterfactual Inflation-Targeting in Hong Kong. Pacific Economic Review.

Mckenzie M & Henry OT. 2012. The determinants of short selling: evidence from the Hong Kong equity market. Accounting and Finance.

Shields K. 2011. Does One Size Fit All? Modelling Macroeconomic Linkages in the West African Economic and Monetary Union. Economic Change and Restructuring.

Shields K, Perera R & Li S. 2012. How Robust are the Existing Solutions to the Price Puzzle? Report No . Parkville, Australia: University of Melbourne.

2012

Dixon R & Lim G. 2012. A Univariate Model of Aggregate Labour Productivity. Applied Economics. 44 (16) :  2075-2080.

Fielding D, Lee K & Shields K. 2012. Does One Size Fit All? Modelling Macroeconomic Linkages in the West African Economic and Monetary Union. Economic Change and Restructuring. 45 (1-2) :  45-70.

Freebairn J. 2012. Tax Mix Change to Reduce Greenhouse Gas Emissions. Australian Journal of Agricultural and Resource Economics. 56 (1) :  102-116.

Lim G, Chua MC, Claus E & Nguyen VH. 2012. Review of the Australian Economy 2011–12: A case of déjà vu. Australian Economic Review. 45 (1) :  1-13.

2011

Balistreri EJ, Hillberry RHH & Rutherford TF. 2011. Structural Estimation and Solution of International Trade Models with Heterogeneous Firms. Journal of International Economics. 83 (2): 95-108.

Bernanke B, Olekalns N & Frank R. 2011. Principles of Macroeconomics. Sydney, Australia: McGraw Hill Australia.

Chua CL & Tsiaplias S. 2011. Predicting Economic Contractions and Expansions with the Aid of Professional Forecasts. Internatiaonl Journal of Forecasting. 438-451.

Chua MC, Kim D & Suardi S. 2011. Are Empirical Measures of Macroeconomic Uncertainty Alike? Journal of Economic Surveys. 25 (4):  801-827.

Chua MC, Palangkaraya A & Yong J. 2011. Hospital Competition, Technical Efficiency and Quality. The Economic Record. 87 (277):  252-268.

Claus E. 2011. Seven Leading Indexes of New Zealand Employment. The Economic Record. 87 (276):  76-89.

Claus E & Claus I. 2011. The Effects of Taxation on Migration: Some evidence for the ASEAN and the APEC countries. Asian Development Review: studies of Asian and Pacific economic issues. 28 (1):  22-50.

Dixon R, Freebairn J & Lim GC. 2011. Net Flows in the U.S. Labor Market, 1990-2010. Monthly Labor Review. 134 (2): 25-32.

Dixon RJ & Shepherd D. 2011. State and Territory Employment and Unemployment Patterns in Austalia. Australian Economic Review. 44 (2): 196-206.

Dixon R & Lim G. 2011. A Univariate Model of Aggregate Labour Productivity. Applied Economics. 44 (16): 2075-2080.

Fielding D & Shields K. 2011. Regional Asymmetries in the Impact of Monetary Policy Shocks on Prices: Evidence from US Cities. Oxford Bulletin of Economics and Statistics. 73 (1): 79-103.

Freebairn JW. 2011. Allocating limited water. Australian Economic Review. 44 (2): 225-232.

Freebairn JW. 2011. Structural changes in regional economics. Australian Economic Review. 44 (2): 189-195.

Hirschberg J & Lye J. 2011. The Indirect Impacts of Smoking Bans in Gaming Venues. In Slottje D & Tchernis R (eds), Current Issues in Health Economics. London, United Kingdom: Emerald Group Publishing Limited, pp. 245-261.

Julien B, Kennes J & King I. 2011. Implementing the Mortensen Rule in a Frictional Labor Market. Journal of Macroeconomics. 33: 80-91.

King I. 2011. Introduction to special issue: Macroeconomics with frictions. Journal of Macroeconomics. 33: 1-3.

Lee K & Shields K. 2011. Decision-Making in Hard Times: What is a Recession, Why Do We Care and How Do We Know When We Are in One? North American Journal of Economics and Finance. 22: 43-60.

Lim G, Chua CL, Claus E & Kim J. 2011. Review of the Australian Economy 2010-11: Growth, Jobs and Debt. Australian Economic Review. 44 (1):  1-12.

Uren LL & Virag G. 2011. Skill Requirements, Search Frictions and Wage Inequality. International Economic Review. 52 (2): 379-406.

2010

Balistreri E, Hillberry R & Rutherford T. 2010. Trade and Welfare: Does Industrial Organization Matter? Economics Letters. 109 (2): 85-87.

Barelli P, Basov S, Bugarin M & King I. 2010. The Inclusiveness of Exclusion. Report No April 2010 - number 1096. Melbourne, Australia: Department of Economics, The University of Melbourne.

Basov S, King I & Uren L. 2010. The Employed, the Unemployed, and the Unemployable: Directed Search with Worker Heterogeneity. Report No March 2010, number 1094. Melbourne, Australia:Department of Economics, The University of Melbourn

Cheltenham, United Kingdom: Edward Elgar Publishing, pp. 219-240.

Chindamo P & Uren L. 2010. Vacancies and Unemployment in Australia. Australian Economic Review. 43 (2): 136-52.

Chua CL, Palangkaraya A & Yong J. 2010. A two-stage estimation of hospital quality using mortality outcome measures: An application using hospital administrative data. Health Economics. 19 (12): 1404-1424.

Coates HBC, Hirschberg JGH & Lye JNL. 2010. The Matching of Quality of Teaching Indicators and the Course Evaluation Questionnaire. In Cameron M & Lim S(eds), Proceedings of the 15th Australasian Teaching Economics Conference, Hamilton NZ. Hamilton, New Zealand: Australasian Teaching Economics Conference.

Creedy, J., Li, M., Moslehi, S. 2010 "The Composition of Government Expenditue: Economic Conditions and Preferences", Economic Inquiry, 2011, Vol.49 (1): pp. 94 - 107.


Creedy, J., Li, M., Moslehi, S. 2010 "Inequality Aversion and the Optimal Composition of Government Expenditure", Macroeconomic Dynamics, 14 (S2): pp. 290 - 306.


Davies W, Hirschberg J, Lye J & Johnston C. 2010. A systematic analysis of quality of teaching surveys. Assessment & Evaluation in Higher Education. 35 (1): 83-96.

De Fontenay C, Gans J & Groves V. 2010. Exclusivity, competition and the irrelevance of internal investment. International Journal of Industrial Organization. 28: 336-340

Dixon R. 2010. Classification of Technical Change. In Blaug M & Lloyd P (eds), Famous Figures and Diagrams in Economics. Cheltenham, United Kingdom: Edward Elgar Publishing, pp. 83-88.

Dixon RJD & Shepherd D. 2010. Models of labour services and estimates of total factor productivity. Applied Economics. 42 (28): 3629-3634.

Dixon R, Lim G & Freebairn J. 2010. Regional Beveridge Curves: A Latent Variable Approach. Report No September 2010. Melbourne, Australia: Melbourne Institute of Applied Economic and Social Research.

Engineer M & King I. 2010. Maximizing Human Development. Report No October 2010 – number 1111. Melbourne, Australia: Department of Economics, The University of Melbourne.

Freebairn J. 2010. Carbon taxes vs tradable permits: efficiency and equity effects for a small open economy. In Claus I, Gemmell N, Harding M & White D (eds), Tax Reform in Open Economies.

Freebairn J. 2010. Environmental Taxation and Its Possible Application in Australia.
Australia's Future Tax and Transfer Policy Conference: Proceedings of a Conference. Parkville, Australia: Melbourne Institute of Applied Economic and Social Research, pp. 161-178.

Freebairn J. 2010. Overview of Australia's Future Tax System . In Evans C, Krever R & Mellor P (eds), Australia's Future Tax System: The Prospects After Henry. Sydney, Australia: Thompson Reuters, pp. 11-62.

Freebairn J. 2010. Overview of "Australia's future tax system" (the Henry Review). Tax policy journal. 6: 8-13.

Freebairn J. 2010. Some Macroeconomic Implications of the Future Fund. In Xu Y & Bahgat G (eds), The Political Economy of Sovereign Wealth Funds. New York, United States: Palgrave Macmillan, pp.132-142.

Freebairn J. 2010. Special Taxation of Alcoholic Beverages to Correct Market Failures. Economic Papers. 29 (2): 200-214.

Freebairn J. 2010. State taxes on housing in Australia. In Stewart M (ed), Housing and Tax Policy. Sydney, Australia: Australian Tax Research Foundation, pp. 203-218.

Freebairn J. 2010. Taxation and Obesity. Australian Economic Review. 43 (1): 54-62.

Freebairn J & Quiggin J. 2010. Special Taxation of the Mining Industry. Economic Papers. 29 (4): 384-396.

Freebairn J & Warren D. 2010. Retirement Incomes and Employment Decisions of the Mature Aged. Australian Economic Review. 43 (3): 312-320.

Fry R, Martin V & Tang C. 2010. A New Class of Tests of Contagion With Applications. Journal of Business and Economic Statistics. 28 (3): 423-437.

Guest & Mcdonald I. 2010. Other-regarding Uzawa preferences and living standard catch-up. Pacific Economic Review. 15 (1): 87-115.

Henry O & Olekalns N. 2010. Peacock and Wiseman's displacement hypothesis: some new long-run evidence for the UK. Applied Economics. 42: 1455-1460.

Henry O, Olekalns N & Shields K. 2010. Sign and phase asymmetry: News, economic activity and the stock market. Journal of Macroeconomics. 32 (4): 1083-1100.

Hillberry R. 2010. The Development and Testing of Heckscher-Ohlin Trade Models: A Review, by Robert E. Baldwin. The Economic Record. 86 (272): 125-127.

Hirschberg J & Lye J. 2010. The Indirect Impacts of Smoking Bans in Gaming Venues. Proceedings from the Joint Annual Conference of the New Zealand Association of Economists and Law and Economics Association of New Zealand. . New Zealand: New Zealand Association of Economists.

Hirschberg J & Lye J. 2010. The influence of student performance and subject characteristics on the evaluation of courses of study. Proceedings of the 39th Australian Conference of Economists. Sydney, Australia: Conference Organising Committee for the 39th Australian Conference for Economists.

Hirschberg J & Lye J. 2010. A Geometric Comparison of the Delta and Fieller Confidence Intervals. American Statistician. 64: 234-241.

Hirschberg J & Lye J. 2010. A reinterpretation of interactions in regressions. Applied Economics Letters. 17: 472-430.

Hirschberg J & Lye J. 2010. Two Geometric Representations of Confidence Intervals for Ratios of Linear Combinations of Regression Parameters: An Application to the NAIRU. Economics Letters. 108: 73-76.

Horne A, Stewardson M, Freebairn J & Mcmahon T. 2010. Using an Economic framework to inform management ofenvironmental entitlements. River Research and Applications. 26 (6): 779-795.

Howe J, Mcdonald I & Moss J. 2010. Guest editorial: The potential and actual contribution of social inclusion to social and labour market policy in Australia. Australian Journal of Social Issues. 45 (2): 155-159.
Li, M. 2010 "Employment Flows with Endogenous Financing Constraint ", The B.E. Journal of Macroeconomics, 10 (1):.
Lim GC, Chua CL, Claus E & Tsiaplias S. 2010. Review of the Australian Economy 2009-10: On the Road to Recovery. Australian Economic Review. 43 (1): 1-11.

Lim G, Tsiaplias S & Chua MC. 2010. Bank and Official Interest Rates: How Do They Interact Over Time? Report No April 2010 No. 4/10. Melbourne, Australia: Melbourne Institute of AppliedEconomic and Social Research.

Lye J & Hirschberg J. 2010. Alcohol Consumption and Human Capital: A Retrospective Study of the Literature. Journal of Economic Surveys. 24: 309-338.

Tsiaplias S & Chua CL. 2010. Forecasting Australian macroeconomic variables using a large dataset. Australian Economic Papers. 49 (1): 44-59.

Wooden M, Buddelmeyer H, Jensen P, Kalb G, Lim G, Scott A, Scutella R, Webster E & Wilkins R. 2010. The Road to Recovery: Restoring Prosperity After the Crisis. Insights: Melbourne Economics and Commerce. 7 (April 2010): 25-29.

2009


Alvarez F, Atkeson A & Edmond C. 2009. Sluggish responses of prices and inflation to monetary shocks in an inventory model of money demand. The Quarterly Journal of Economics. 124 (3): 911-967.

Chua M, Lim G & Tsiaplias S. 2009. A Latent Variable Approach to Forecasting the Unemployment Rate. Report No 19/09. Melbourne, Australia: Melbourne Institute of Applied Economic and SocialResearch.

Chua M, Palangkaraya A & Yong J. 2009. Hospital Competition, Technical Efficiency, and Quality. Report No. Parkville, Australia: Melbourne Institute of Applied Economic and Social Research.

Chua CL & Tsiaplias S. 2009. Can Consumer Sentiment and its Components Forecast Australian GDPand Consumption? Journal of Forecasting. 28 (8): 698-711.

Clarke A & Johri . 2009. Procyclical solow residuals without technology shocks. Macroeconomic Dynamics. 13 (3): 366-389.

Craine & Martin V. 2009. Interest Rate Conundrum. BE Journal of Macroeconomics. 9 (1): 8.

Dixon R. 2009. Contributions to Economic Theory. Balanced Growth: A History of the Department of Economics, University of Melbourne. Melbourne, Australia: Australian Scholarly Publishing, pp.241-255.

Dixon R & Freebairn J. 2009. Models of Labour Services and Estimates of Australian Productivity. Australian Economic Review. 42 (2): 131-142.

Dixon R & Freebairn J. 2009. Trends in Regional Specialisation in Australia. Australasian Journal of Regional Studies. 15 (3): 281-296.

Dixon R & Shepherd. 2009. Regional Dimensions of the Australian Business Cycle. Report No 1088. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dutu R, Julien B & King I. 2009. Liquidity Constrained Competing Auctions . Report No 1068. Melbourne, Australia: Department of Economics, The University of Melbourne.

Edmond C & Veldkamp L. 2009. Income dispersion and counter-cyclical markups. Journal of Monetary Economics. 56 (6): 791-804.

Edmond C & Weill P-O. 2009. Aggregate implications of micro asset market segmentation. Report No 15254. Cambridge, Massachusetts, United States: National Bureau of Economic Research.

Freebairn J. 2009. Allocation of and Investment In the Environment. Productivity Commission 2009 Promoting Better Environmental Outcomes. 13-28. Melbourne, Australia: Productivity Commission.

Freebairn J. 2009. Contributions to Australian Economic Policy. Balanced Growth, A History of the Department of Economics, University of Melbourne. Melbourne, Australia: Australian ScholarlyPublishing, pp. 211-240.

Freebairn J. 2009. Reform of State Taxes. Australian Business Tax Reform in Retrospect and Prospect. Sydney, Australia: Thompson Reuters, pp. 517-536.

Freebairn J. 2009. Should Households and Businesses Receive Compensation for the Costs of
Greenhouse Gas Emissions? Report No 1071. Melbourne, Australia: Department of Economics, The University of Melbourne.

Freebairn J. 2009. Some Distributional Issues in Greenhouse Gas Policy Design. Climate Change and Social Justice. Carlton, Australia: Melbourne University Press , pp. 82-98.

Freebairn J. 2009. Taxes or Tradable Permits to Reduce Greenhouse Gas Emissions. Tax Reform in the 21st Century. Netherlands: Kluwer Law International, pp. 421-440.

Garratt , Lee , Mise & Shields K. 2009. Real Time Representation of the Output Gap in the UK in the Presence of Model Uncertainty. International Journal of Forecasting. 25 (1): 81-102.

Hillberry R. 2009. Review of international experience: ex post studies of other PTAs and implications for PTA design. Negotiating a Preferential Trading Agreement: Lessons from Australia and China. Cheltenham, United Kingdom: Edward Elgar Publishing, pp. 12-34.

Hirschberg J & Lye J. 2009. Notes on the Construction of Geometric Representations of Confidence Intervals of Ratios using Stata, Gauss and Eviews . Report No 1079. Melbourne, Australia: Departmentof Economics, The University of Melbourne.

Julien , Kennes , King I & Mangin S. 2009. Directed Search, Unemployment and Public Policy. Canadian Journal of Economics. 42 (3): 956-983.

Lim G, Chua CL, Claus E & Tsiaplias S. 2009. Review of the Australian Economy 2008-09:
Recessions, Retrenchments and Risks. Australian Economic Review. 42 (1): 1-11.

Lim G. 2009. Inflation Targeting. Australian Economic Review. 42 (1): 110-119.

Lim G, Dixon R & Tsiaplias S. 2009. Phillips Curve and the Equilibrium Unemployment Rate. Report No 1070. Melbourne, Australia: Department of Economics, The University of Melbourne.

Lim G, Dixon R & Tsiaplias S. 2009. Phillips Curve and the Equilibrium Unemployment Rate. The Economic Record. 85 (4): 371-382.

Leroux , Martin V & Goeschl . 2009. Optimal conservation, extinction debt, and the augmented quasi-option value. Journal of Environmental Economics and Management. 58 (1): 43-57.

Mcdonald I. 2009. Behavioural macroeconomics and wage and price setting: Developing some early insights of John Maynard Keynes and Joan Robinson. Report for Centre for AppliedMacroeconomic Analysis. Canberra, Australia: Australian National University.

Mcdonald I. 2009. The global financial crisis and behavioural economics. Economic Papers. 28 (3): 248-253.

Mcdonald I. 2009. Keynes, sticky money wages, behavioural economics and responding to the Global Financial Crisis. Report No 36. Melbourne, Australia: Trinity College.

Mcdonald I. 2009. Preface. In Morgan R (ed), Lessons from the Global Financial Crisis: The relevance of Adam Smith on Morality and Free Markets. Australia: Connor Court Publishing.

Mcdonald I, Nikiforakis N, Olekalns N & Sibly H. 2009. Social Comparisons and Reference Group Formation: Some Experimental Evidence . Report No 1069. Melbourne, Australia: Department ofEconomics, The University of Melbourne.

Tsiaplias S & Chua CL. 2009. A Multivariate GARCH Model Incorporating the Direct and Indirect Transmission of Shocks. Report No. Melbourne, Australia: Melbourne Institute of Applied Economicand Social Research.

Tsiaplias S. 2009. Examining Feedback, Momentum and Overreaction in National Equity Markets. Report No 18/09. Melbourne, Australia: Melbourne Institute of Applied Economic and SocialResearch.

2008


Alvarez F, Atkeson A & Edmond C. 2008. Sluggish responses of prices and inflation to monetary shocks in an inventory model of money demand. Report No 417. Minneapolis, Minnesota, UnitedStates: Federal Reserve Bank of Minneapolis.

Balistreri E & Hillberry R. 2008. The Gravity Model: An Illustration of Structural Estimation as Calibration. Economic Inquiry. 46 (4): 511 - 527.

Balistreri E, Hillberry R & Rutherford T. 2008. Structural Estimation and Solution of International Trade Models with Heterogeneous. Report No 1056. Melbourne, Australia: Department of Economics,The University of Melbourne.

Bernanke B, Olekalns N & Frank R. 2008. Principles of Macroeconomics. Sydney, Australia:
McGraw-Hill Higher Education.

Chen W, Engineer M & King I. 2008. Choosing Longevity with Overlapping Generations: To Be or Not to Be in Diamond's Model. BE Journal of Macroeconomics. 8 (1): 1 - 37.

Chua M, Lim G & Smith. 2008. A Bayesian Simulation Approach to inference on a Multi-State Latent Factor Intensity Model. Report No 16/08. Melbourne, Australia: Melbourne Institute of AppliedEconomic and Social Research.

Chua M, Palangkaraya A & Yong J. 2008. A two-stage estimation of hospital quality using mortality outcome measures: An application using hospital administrative data. Report No. Melbourne,Australia: Melbourne Institute of Applied Economic and Social Research.

Chua M & Tsiaplias S. 2008. Can Consumer Sentiment and its Components Forecast Australian GDP and Consumption? Report No. Melbourne, Australia: Melbourne Institute of Applied Economic andSocial Research.

Claus E, Dungey M & Fry R. 2008. Monetary policy in illiquid markets: Options for a small open economy. Open Economies Review. 19 (3): 305-336.

Clarke A. 2008. Learning-by-Doing and Productivity Dynamics in Manufacturing Industries. Report No 1032. Melbourne, Australia: Department of Economics, The University of Melbourne.

Craine R & Martin V. 2008. International Monetary Policy Surprise Spillovers. Journal of
International Economics. 75 (1): 180 - 196.

Dang LHT & Hillberry R. 2008. International Trade in Education, Skilled Migration and Economic Growth. Report No 1055. Melbourne, Australia: Department of Economics, The University ofMelbourne.

Davies W, Hirschberg J, Lye J & Johnston C. 2008. A Systematic Analysis of Quality of Teaching Surveys. Report No 1050. Melbourne, Australia: Department of Economics, The University ofMelbourne.

De Fontenay C. 2008. The economics of crime: The case of Argentina. The Melbourne Review. 70-75(4): 1-1.

De Fontenay C. 2008. The shrinking of middle management. Report No . Melbourne, Australia: Melbourne Business School.

De Fontenay C & Gans J. 2008. A bargaining perspective on strategic outsourcing and supply competition . Strategic Management Journal. 29 (8): 819-840`.

Dixon R. 2008. The International Encyclopedia of the Social Sciences. Recursive models in the psychological and social sciences. United States: Macmillan reference (Thomson Gale).

Dixon R. 2008. The International Encyclopedia of the Social Sciences. Walras Law. United States: Macmillan reference (Thomson Gale).

Dixon R, Freebairn J & Seyoum-Tegegn E. 2008. State & Territory Beveridge Curves and the National Equilibrium Unemployment Rate. Report No 1033. Melbourne, Australia: Department ofEconomics, The University of Melbourne.

Dixon R & Lim G. 2008. A univariate model of aggregate labour productivity. Report No 9. Melbourne, Australia: Melbourne Institute of Applied Economic and Social Research.

Dixon R, Lim G & Tsiaplias S. 2008. Phillips curve and the equilibrium rate of unemployment. Report No 21. Parkville, Australia: Melbourne Institute of Applied Economic and Social Research.

Dixon R & Mahmood M. 2008. The Victorian Economy in the 1989/90-1992/93 Recession.
Australasian Journal of Regional Studies. 14 (2): 155 - 166.

Edmond C. 2008. An integral equation representation for overlapping generations in continuous time. Journal of Economic Theory. 143 (1): 596-609.

Edmond C & Veldkamp L. 2008. Income dispersion and counter-cyclical markups. Report No 14452. Cambridge, Massachusetts, United States: National Bureau of Economic Research.

Edmond C & Weill P-O. 2008. The New Palgrave Dictionary of Economics. Liquidity effects, models of. New York, United States: Palgrave Macmillan.

Engineer M, King I & Roy N. 2008. The Human Development Index as a Criterion for Optimal Planning. Indian Growth and Development Review. 1 (2): 172-192.

Freebairn J. 2008. Some Emerging Issues in Urban Water Supply and Pricing. Economic Papers. 27 (2): 184 - 193.

Freebairn J. 2008. Some Macroeconomic Implications of the Future Fund. Australian Economic Review. 41 (1) : 114 - 120.

Freebairn J. 2008. Some Sectoral and Global Distributional Issues in Greenhouse Gas Policy Design. Agenda - A Journal of Policy Analysis and Reform. 15 (1): 13 - 28.

Freebairn J & Scutella R. 2008. The Case for Change: A Snapshot Analysis of the Australian Tax System. Report for Brotherhood of St Laurence. Fitzroy, Australia: Brotherhood of St Laurence.

Fry R, Hocking J & Martin V. 2008. The Role of Portfolio Shocks in a Structural Vector
Autoregressive Model of the Australian Economy. The Economic Record. 84 (1): 17- 33.

Garratt G, Lee K, Mise E & Shields K. 2008. Real Time Representations of the Output Gap. The Review of Economics and Statistics. 90 (4): 792 - 804.

Griffiths W, Hill & Lim G. 2008. Using EViews for Principles of Econometrics. New York, United States: John Wiley & Sons.

Griffiths W, Hill & Lim G & Wong S. 2008. Instructor's Manual for Principles of Econometrics. New York, United States: John Wiley & Sons.

Henry O, Olekalns N & Shields K. 2008. Economic Activity and the Stock Market: the Asymmetric Impact of Fundamental and Non-Fundamental News. Report No 1039. Melbourne, Australia:Department of Economics, The University of Melbourne.

Hill, Griffiths W & Lim G. 2008. Principles of Econometrics. New York, United States: John Wiley & Sons.

Hillberry R. 2008. New economic geography and manufacturing. Insights: Melbourne Economics and Commerce. 4 (1): 57-59.

Hillberry R & Hummels D. 2008. Trade Responses to Geographic Frictions: A Decomposition Using Micro-Data. European Economic Review. 52 (3): 527 - 550.

Hirschberg J, Lye J & Slottje D. 2008. Inferential Methods for Elasticity Estimates. Journal of Econometrics. 147 (2): 299 - 315.

Hirschberg J, Lye J & Slottje DJ. 2008. Confidence Intervals for Estimates of Elasticities. Report No 1053. Melbourne, Australia: Department of Economics, The University of Melbourne.

Horne A, Freebairn J & Stewardson M. 2008. Environmental response curves - a first step in
developing environmental demand curves. In Lambert M, Daniell T & Leonard M(eds), Proceedings of Water Down Under 2008 incorporating 31st Hydrology and Water Resources
Symposium & 4th International Conference on Water Resources and Environment Research. 2180-2190. Australia:Institution of Engineers Australia.

Johnston C, Cazaly CSH & Olekalns N. 2008. Student and Tutor Perceptions of Feedback. Does Teaching & Learning Translate? Learning Across the U21 Network. Universitas 21 Inaugural Teaching and Learning Conference. 1-26.

Julien D, Kennes J & King I. 2008. Bidding for Money. Journal of Economic Theory. 142 (1): 196 - 217.

Julien B, Kennes J, King I & Mangin SJ. 2008. Directed Search, Unemployment and Public Policy. Report No 1049. Melbourne, Australia: Department of Economics, The University of Melbourne.

King I. 2008. A Conversation with Robert E Lucas, Jr, Nobel Laureate in Economics, 1995. New Zealand Economic Papers. 42 (1): 1-16.

King I. 2008. An Interview with Robert E. Lucas Jr . Insights: Melbourne Economics and Commerce. 4: 23-25.

Lee K, Olekalns N & Shields K. 2008. Nowcasting, Business Cycle Dating and the Interpretation of New Information when RealTime Data are Available. Report No 1040. Melbourne, Australia:Department of Economics, The University of Melbourne.

Lim G & Mcnelis PD. 2008. Computational Macroeconomics for the Open Economy. Cambridge, United States: MIT Press.

Lye J & Mcdonald I. 2008. The Eisner Puzzle, The Unemployment Threshold and the Range of Equilibria. International Advances in Economic Research. 14 (2): 125 - 141.

Mcdonald I. 2008. A macroeconomic perspective on the setting of minimum wages. 2008 Minimum Wage Research forum Proceedings, Volume 1. 1 (4a/08): 27-43. Canberra, Australia: Commonwealth of Australia.

Mcdonald I. 2008. For the student: Behavioural Economics. Australian Economic Review. 41 (2): 222- 228.

Mcdonald I. 2008. Full Employment: Is There Good Reason to Be Falling Short? Australian Economic Review. 41 (3): 283 - 285.

Piyapromdee S, Hillberry R & Maclaren D. 2008. 'Fair Trade' Coffee and the Mitigation of Local Oligopsony Power. Report No 1057. Melbourne, Australia: Department of Economics, The Universityof Melbourne.

Shepherd D & Dixon R. 2008. The Cyclical Dynamics and Volatility of Australian Output and Employment. The Economic Record. 84 (1): 34 - 49.

Stachurski J & Martin V. 2008. Computing the Distributions of Economic Models via Simulation. Econometrica. 76 (1): 443 - 450.

Stein J & Lim G. 2008. Asian Crises: Theory, Evidence and Warning Signals. Debt, Risk and Liquidity in Futures Markets. New York, United States: Routledge, pp. 18-45.

Tsiaplias S & Chua CL. 2008. Forecasting Australian Macroeconomic Variables Using a Large Dataset. Report No. Melbourne, Australia: Melbourne Institute of Applied Economic and SocialResearch.

Tsiaplias S. 2008. Factor estimation using MCMC-based Kalman filter methods. Computational Statistics & Data Analysis. 53 (2): 344-353.

Tsiaplias S. 2008. The CPI and other measures of Australian inflation. Australian Economic Review. 41 (1): 105-113.

Uren L. 2008. Inequality, Volatility and Labour Market Efficiency. BE Journal of Macroeconomics. 8(1): 1 - 28.

2007


Balistreri & Hillberry R. 2007. Structural Estimation and the Border Puzzle. Journal of International Economics. 72 (2): 451-463.

Chua CL, Dixon R & Lim G. 2007. What Drives Worker Flows? Report No 34/07. Parkville, Australia: Melbourne Institute of Applied Economic and Social Research.

Chua M & Low C. 2007. Permanent Structural Change in the US Short-Term and Long-Term Interest Rates. Report No 22/07. Melbourne, Australia: Melbourne Institute of Applied Economic and SocialResearch.

Chua CL & Suardi S. 2007. Markov-Switching Mean Reversion in Short-Term Interest Rates: Evidence from East Asian Economies. The Economic Record. 83 (263): 383-397.

Davies W, Hirschberg J, Lye J & Johnston C. 2007. An Analysis of the Questions on University Teaching Surveys and the Universities that Use Them: The Australian Experience. Australian Conference of Economists Proceedings. 1-27. Australia: Economic Society of Australia.

Davies W, Hirschberg J, Lye J & Johnston C. 2007. An Analysis of the Questions on University Teaching Surveys and the Universities that Use Them: The Australian Experience. Report No 994.Melbourne, Australia: Department of Economics, The University of Melbourne.

Davies W, Hirschberg J, Lye J, Johnston C & McDonald I. 2007. Systematic Influences on Teaching Evaluations: The Case for Caution. Australian Economic Papers. 46 (1): 18-38.

De Fontenay C. 2007. Crime versus Globalization. American Economic Association 2007 Annual Meeting Website. United States: American Economic Association.

Dixon R. 2007. Changes Over Time in Male and Female Employment Ratios in Australia. Economic and Labour Relations Review. 17 (2): 69-75.

Dixon R. 2007. Common Cycles in Labour Market Separation Rates for Australian States. Report No 991. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R. 2007. Common Cycles in Separation Rates for Australian States. Australasian Journal of Regional Studies. 13 (1): 65-82.

Dixon R. 2007. Investment, Profits and Employment in Kalecki & Keynes. Report No 990. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R. 2007. Regional Differences in the Severity of Recessions in the UK. Report No 1009. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R. 2007. Regional Differences in the Severity of Recessions in the United Kingdom.
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Dixon R. 2007. Biographical Dictionary of Australian and New Zealand Economists. RJA Harper 1929- 1998. Cheltenham, United Kingdom: Edward Elgar Publishing.

Dixon R. 2007. Unemployment Rate Dispersion within Australian Cities. Report No 980. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R & Freebairn J. 2007. Hours of Work: A Demand Perspective. Report No 1022. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R & Freebairn J. 2007. Trends in regional specialisation in Australia. Report No 1017. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R, Freebairn J & Lim G. 2007. Time-Varying Equilibrium Rates of Unemployment: An Analysis with Australian Data. Australian Journal of Labour Economics. 10 (4): 205-225.

Dixon R & Mahmood M. 2007. The Victorian Economy in the 1989/90-1992/93 Recession. Report No 1018. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R & Mahmood M. 2007. Unemployment Rate Dispersion in Melbourne: The Regional
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Dixon R & Shepherd D. 2007. Models of Labour Services and Estimates of Total Factor Productivity. Report No 981. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R & Freebairn J. 2007. Hours of Work: A Demand Perspective. Report No 1022. Melbourne,Australia: Department of Economics, The University of Melbourne.

Dixon R & Freebairn J. 2007. Trends in regional specialisation in Australia. Report No 1017. Melbourne, Australia: Department of Economics, The University of Melbourne.

Dixon R, Freebairn J & Lim G. 2007. Time-Varying Equilibrium Rates of Unemployment: An Analysis with Australian Data. Australian Journal of Labour Economics. 10 (4): 205-225.

Dungey M, Fry R, Gonzlaex-Hermosillo B & Martin V. 2007. Contagion in Global Equity Markets in 1998: The Effects of the Russian and LTCM Crises. North American Journal of Economics and Finance. 18 (1): 155-174.

Dungey M & Martin V. 2007. Unravelling Financial Market Linkages During Crises. Journal of Applied Econometrics. 22 (1): 89-119.

Engineer M, Chen W & King I. 2007. Choosing Longevity with Overlapping Generations. Report No 1002. Melbourne, Australia: Department of Economics, The University of Melbourne.

Ferguson D & King I. 2007. The Fundamental Duality Theorem of Balanced Growth. Report No 1016. Melbourne, Australia: Department of Economics, The University of Melbourne.

Freebairn J. 2007. A Package of Less Special Deductions and Exemptions and Low Tax Rates. Australian Tax Forum. 22 (2): 65-82.

Freebairn J. 2007. Changing the Tax Mix. Australian Economic Review. 40 (2): 194-199.

Freebairn J. 2007. Economic Issues with Climate Change. Australian Economic Review. 40 (4): 402-409.

Freebairn J. 2007. Economic Policy Issues for Climate Change. Insights: Melbourne Economics and Commerce. 2/November 2007: 9-14.

Freebairn J. 2007. Introduction. CEDA Growth Series. 59 (1): 10-15.

Freebairn J. 2007. Making the Boom Pay. Insights: Melbourne Economics and Commerce. 1: 20-25.

Freebairn J. 2007. The Next Wave of Tax Reform: Introduction. Australian Economic Review. 40 (2): 182-185.

Guest RS & Mcdonald I. 2007. Global GDP shares in the 21st century: an equilibrium approach. Economic Modelling. 24 (24): 859-877.

Henry O, Olekalns N & Lakshman R. 2007. Identifying Interdependencies between South-East Asian Stock Markets: A Non-linear Approach. Australian Economic Papers. 46 (2): 122-135.

Henry O, Olekalns N & Suardi S. 2007. Testing for rate dependence and asymmetry in inflation uncertainty: Evidence from the G7 economies. Economics Letters. 94 (3): 383-388.

Hillberry R. 2007. Demographics, ideology and voting behaviour: a factor analysis of state-wide ballot measures. Report No 1021. Melbourne, Australia: Department of Economics, The University ofMelbourne.

Lee K & Shields K. 2007. Overcoming Measurement Error Problems in the use of Survey Data on Expectations. The Economic Record. 83 (262): 303-316.

Lim G & Mcnelis P. 2007. Central Bank Learning, Terms of Trade Shocks and Currency Risk: Should Only Inflation Matter for Monetary Policy? Journal of International Money and Finance. 26 (6):  865-886.

Lim G & Mcnelis P. 2007. Inflation Targeting, Learning and Q-volatility in Small Open Economies . Journal of Economic Dynamics and Control. 31 (11): 3699-3722.

Mcguinness S & Freebairn J. 2007. Who are the Low Paid? Australian Journal of Labour Economics. 10 (1): 17-38.

Mcdonald I. 2007. Where is full employment? Report No 1011. Melbourne, Australia: Department of Economics, The University of Melbourne.

Mcdonald I. 2007. Where is full employment? Dialogue. 26 (2): 81-92.

Messinis G & Olekalns N. 2007. Skill Mismatch and Training in Australia: Some Implications for Policy. Australian Economic Review. 40 (3): 300-306.

Messinis G & Olekalns N. 2007. Skills Mismatch and Returns to Training in Australia: Some New Evidence. Report No 997. Melbourne, Australia: Department of Economics, The University ofMelbourne.

Uren L. 2007. Entrepreneurship and Labor Market Fluctuations. Economics Bulletin. 10 (13): 1-11.

Tsiaplias S. 2007. A Metropolis-in-Gibbs Sampler for Estimating Equity Market Factors. Report No 18/07. Melbourne, Australia: Melbourne Institute of Applied Economic and Social Research.

Tsiaplias S. 2007. Co-movement and Integration among Developed Equity Markets. Report No 25/07. Parkville, Australia: Melbourne Institute of Applied Economic and Social Research.

Tsiaplias S. 2007. The Macroeconomic Content of Equity Market Factors. Report No 23/07. Parkville, Australia: Melbourne Institute of Applied Economic and Social Research.