Research Discussion Paper – RDP 2014-11 Exchange Rate Movements and the Australian Economy

Contents

• Introduction
• Model and Data
• Results
• Scenario Analysis
• Robustness Checks
• Conclusion
• Appendix A: Data
• Appendix B: Estimation and Identification
• References

The Discussion Paper series is intended to make the results of the current economic research within the Reserve Bank available to other economists. Its aim is to present preliminary results of research so as to encourage discussion and comment. Views expressed in this paper are those of the authors and not necessarily those of the Reserve Bank. Use of any results from this paper should clearly attribute the work to the authors and not to the Reserve Bank of Australia.

The contents of this publication shall not be reproduced, sold or distributed without the prior consent of the Reserve Bank of Australia.

We would like to thank Natasha Cassidy, James Hansen, Alexandra Heath, Jarkko Jääskelä, David Jacobs, Jonathan Kearns, Christopher Kent, Marion Kohler, Adrian Pagan, Anna Park, Anthony Richards, Luke Willard and seminar participants at the Reserve Bank of Australia, the University of New South Wales and the Australian Treasury for helpful comments and suggestions.