Research Discussion Paper – RDP 2015-07 A Multi-sector Model of the Australian Economy

Contents

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.

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We would like to thank James Hansen, Adrian Pagan, Jarkko Jääskelä, Bruce Preston, Adam Gorajek, John Simon, Mariano Kulish and Christopher Kent for comments and helpful suggestions. Penelope Smith would like to thank the Bank of Canada for their hospitality during the early stages of this project.