Research Discussion Paper – RDP 2007-01 A Structural Model of Australia as a Small Open Economy

Contents

• Introduction
• A Small-scale Model of Australia
• Estimation Strategy
• Estimation Results
• Conclusion
• Appendix A: The Linearised Model
• References

The author thanks Jarkko Jaaskela, Christopher Kent, Mariano Kulish, Philip Liu
and Bruce Preston for valuable comments and discussions. The views expressed
in this paper are those of the author and do not necessarily reflect those of the
Reserve Bank of Australia.