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International transmissions to Australia: The Roles of the USA and Euro Area

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dc.contributor.authorDungey, Mardi
dc.contributor.authorOsborn, Denise
dc.contributor.authorRaghavan, Mala
dc.date.accessioned2015-12-10T23:31:38Z
dc.date.issued2014
dc.date.updated2015-12-10T11:15:38Z
dc.description.abstractThis paper examines the influences of the world's two largest developed economies, namely the USA and the Euro area, on Australia as an exemplar of a small open economy. To do so, we specify and estimate a structural VAR with bilateral linkages between the two large economies, and allow shocks originating in either to affect the Australian economy. More specifically, we show the role of foreign output shocks, the differential effects of USA- or Euro-area-sourced inflation and interest rate shocks on the Australian economy, and the relative unimportance of these foreign shocks to variations in the value of the Australian currency.
dc.identifier.issn0013-0249
dc.identifier.urihttp://hdl.handle.net/1885/68727
dc.publisherBlackwell Publishing Ltd
dc.sourceThe Economic Record
dc.titleInternational transmissions to Australia: The Roles of the USA and Euro Area
dc.typeJournal article
local.bibliographicCitation.issue291
local.bibliographicCitation.lastpage446
local.bibliographicCitation.startpage421
local.contributor.affiliationDungey, Mardi, College of Asia and the Pacific, ANU
local.contributor.affiliationOsborn, Denise, University of Tasmania
local.contributor.affiliationRaghavan, Mala, University of Tasmania
local.contributor.authoruidDungey, Mardi, u9402571
local.description.embargo2037-12-31
local.description.notesImported from ARIES
local.identifier.absfor140210 - International Economics and International Finance
local.identifier.ariespublicationa383154xPUB1810
local.identifier.citationvolume90
local.identifier.doi10.1111/1475-4932.12137
local.identifier.scopusID2-s2.0-84902038151
local.type.statusPublished Version

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