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...

The NIF modelling team have redesigned NIF88. A number of important developments of a primarily single equation nature have been reported. There have also been major beneficial changes in the model's dynamics with certain short run adjustments now being much more rapid and the model's run...