This article examines effects on major Australian macroeconomic and structural variables of simultaneous shocks to world oil and black coal prices. The illustrative numerical results have been produced with the short-run fuel substitution tax model, ORANI-LFT. The current version of that model...

Shortly after its re-election in March 1993, the Australian government established an expert committee to advise it on how best to respond to the unemployment crisis. Between May 1990 and May 1993, the total number of unemployed people in Australia rose from 549,000 to 924,000. Over the same...

The main conclusion which emerges from the results in Tables 1–3 is the extreme sensitivity of Marlow's results to the countries included in the sample (particularly Japan), to the time period, and to the other variables included in the analysis. This conforms with the OECD's own analysis of...

In a 1989 Contemporary Policy Issues article Miller and Russek published findings of a causal relation between the fiscal deficit and the trade deficit. However, they found no overwhelming support for reverse causation between the twin deficits. The authors of the analysis here gathered annual...