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Australia :, Selected Issues

This study relates Australian household saving more closely to movements in asset market using event study analysis and econometric analysis. In this study, the policy challenges for Australia from rebalancing in China, a temporary growth slowdown in China, and a recession in advanced countries are analyzed. The Globally Integrated Monetary and Fiscal Model (GIMF) is used for policy challenges. The impact of the mining boom on the Australian labor market is also discussed in this paper
Table Of Contents
Cover; Contents; I. Why Has Household Saving Increased So Sharply in Australia?; A. Introduction; Figures; I.1. Consumer Caution in Australia; B. Event Study: Deleveraging Episodes in Advanced Economies; Tables; I.1 Deleveraging Episodes and Asset Market Shocks; C. Quarterly Saving and Asset Data for Australia, Canada, and the United States; I.2. Event Study Analysis; I.3. Quarterly Data for Australia, Canada, and the United States; D. Econometric Analysis: Panel Regressions; I.2. Panel Regressions: Household Saving Rate; E. Econometric Analysis: Single Equation Estimates for Australia
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (43 p.)
Specific Material Designation
Form Of Item

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