Macroeconomic consequences of terms of trade episodes, past and present
Loading...
Date
Authors
Atkin, Tim
Caputo, Mark
Robinson, Tim
Wang, Hao
Journal Title
Journal ISSN
Volume Title
Publisher
Crawford School of Public Policy, The Australian National University
Access Statement
Open Access
Abstract
The early 21st century saw Australia experience its largest and longest terms of trade boom. This paper places this recent boom in a long-run historical context by comparing the current episode with earlier cycles. While similarities exist across most episodes, current macroeconomic policy frameworks and settings are quite different to those of the past. This mitigated the broader macroeconomic consequences of the upswing and as the terms of trade decline may do likewise.
Description
Keywords
Citation
Source
Centre for Applied Macroeconomic Analysis Working Papers
Book Title
Entity type
Publication
Access Statement
Open Access
License Rights
DOI
Restricted until
Downloads
File
Description