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Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/21719
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dc.contributor.authorLeu, Shawnen
dc.date.accessioned2017-08-17T10:55:00Z-
dc.date.issued2009-
dc.identifier.citationEconomic Papers, 28(4), p. 310-322en
dc.identifier.issn1759-3441en
dc.identifier.issn0812-0439en
dc.identifier.urihttps://hdl.handle.net/1959.11/21719-
dc.description.abstractThis paper evaluates the level of managed floating and the exchange rate policy in Australia during the officially floating period from 1984 to 2004. We construct index measures of exchange market pressure and foreign exchange intervention using a small open economy monetary model. The estimation uses the Johansen cointegration method as the structural macroeconomic model is assumed to represent long-run equilibrium relationships. We find that the RBA mainly implemented leaning-against-the-wind exchange rate policy that aimed at guiding the exchange rate back to the equilibrium value while reducing the variability of the dynamic adjustment path.en
dc.languageenen
dc.publisherWiley-Blackwell Publishing Asiaen
dc.relation.ispartofEconomic Papersen
dc.titleManaged Floating in Australiaen
dc.typeJournal Articleen
dc.identifier.doi10.1111/j.1759-3441.2010.00039.xen
dc.subject.keywordsMacroeconomics (incl. Monetary and Fiscal Theory)en
dc.subject.keywordsMacroeconomic Theoryen
dc.subject.keywordsInternational Economics and International Financeen
local.contributor.firstnameShawnen
local.subject.for2008140210 International Economics and International Financeen
local.subject.for2008140212 Macroeconomics (incl. Monetary and Fiscal Theory)en
local.subject.for2008140102 Macroeconomic Theoryen
local.subject.seo2008910108 Monetary Policyen
local.subject.seo2008910104 Exchange Ratesen
local.profile.schoolUNE Business Schoolen
local.profile.emailcleu@une.edu.auen
local.output.categoryC1en
local.record.placeauen
local.record.institutionUniversity of New Englanden
local.identifier.epublicationsrecordune-chute-20170811-151948en
local.publisher.placeAustraliaen
local.format.startpage310en
local.format.endpage322en
local.identifier.scopusid85095669852en
local.peerreviewedYesen
local.identifier.volume28en
local.identifier.issue4en
local.contributor.lastnameLeuen
dc.identifier.staffune-id:cleuen
local.profile.orcid0000-0002-3620-537Xen
local.profile.roleauthoren
local.identifier.unepublicationidune:21910en
local.identifier.handlehttps://hdl.handle.net/1959.11/21719en
dc.identifier.academiclevelAcademicen
local.title.maintitleManaged Floating in Australiaen
local.output.categorydescriptionC1 Refereed Article in a Scholarly Journalen
local.search.authorLeu, Shawnen
local.uneassociationUnknownen
local.year.published2009en
local.subject.for2020380112 Macroeconomics (incl. monetary and fiscal theory)en
local.subject.for2020380205 Time-series analysisen
local.subject.for2020380110 International economicsen
local.subject.seo2020150208 Monetary policyen
local.subject.seo2020150204 Exchange ratesen
local.subject.seo2020150299 Macroeconomics not elsewhere classifieden
local.codeupdate.date2021-12-09T11:18:25.914en
local.codeupdate.epersoncleu@une.edu.auen
local.codeupdate.finalisedtrueen
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