Researcher Profiles Tom Cusbert

Economic Research Department

Current research interests: housing, inflation, macroeconomic modelling

Tom is a Research Manager in Economic Research Department. He is currently working on housing, including the effects of interest rates and credit conditions. He was one of the developers of the MARTIN model, and has worked on models of inflation expectations and the NAIRU. Tom holds a PhD from the University of Sydney.

Research Papers

Cusbert T (2023) ‘The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment’ RBA Research Discussion Paper No 2023-01.
Ballantyne A, T Cusbert, R Evans, R Guttmann, J Hambur, A Hamilton, E Kendall, R McCririck, G Nodari, DM Rees (2020) ‘MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy’ Economic Record, 96(314), pp 225–251.
Also released as RBA Research Discussion Paper No 2019-07.
Cusbert T and T Rohling (2013) ‘Currency Demand during the Global Financial Crisis: Evidence from Australia’ RBA Research Discussion Paper No 2013-01.

Policy Publications

Cusbert T and E Kendall (2018) ‘Meet MARTIN, the RBA's New Macroeconomic Model’ RBA Bulletin, March
Cusbert T (2017) ‘Estimating the NAIRU and the Unemployment Gap’ RBA Bulletin, June
Cusbert T, J Jääskelä and N Stenner (2013) ‘Korea's Manufacturing Sector and Imports from Australia’ RBA Bulletin, December
Cusbert T and S Black (2010) ‘Durable Goods and the Business Cycle’ RBA Bulletin, September