Major areas of research

Modelling, growth and policy

• Evaluation of macroeconomic policy formulation
• Business cycle dating
• Macroeconomic forecasting
• Modelling of the domestic and international business cycle
• Dynamic relationships between growth, income distribution and immigration
• Health capital, schooling capital, demography and growth
• Brain drain, brain gain, schooling exports and growth

International macroeconomics

• Monetary and fiscal policy in the open economy
• Exchange rate determination
• Saving, investment and external account behaviour
• Australia and the world business cycle

Monetary economics

• Monetary transmission mechanism
• Monetary policy
• Inflation and interest rates

Macro-labour economics

• Measuring the natural rate/NAIRU
• Hysteresis in the unemployment rate
• Employment and unemployment adjustment over the cycle
• Search, matching and the natural rate