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the OECD countries, Australia did not even have a recession. In this paper we study the behaviour of the Australian … economy compared to some of the OECD countries and see that, in fact, Australia has a "miracle economy". The comparisons are … made in terms of several macroeconomic indicators, GDP, Unemployment, Inflation, Current Account Balances, and debt. …
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Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in generations. Millions lost jobs and homes. At its peak, one in ten workers who wanted a job could not find one. On an annual basis, the economy contracted by more than it had since the...
Persistent link: https://www.econbiz.de/10012405441
to the coronavirus pandemic. These measures have caused dramatic increases in unemployment in the short run, with an …. We estimate the relationship between unemployment, a widely accepted proxy for economic climate, and mortality in … Australia, a country with universal health care. Using administrative time-series data on mortality that varies by state, age …
Persistent link: https://www.econbiz.de/10012294848
Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in …
Persistent link: https://www.econbiz.de/10013373260
Using the Reserve Bank of Australia's MARTIN model we compare actual monetary policy decisions to a counterfactual in …
Persistent link: https://www.econbiz.de/10013380620
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The economic recovery in CESEE has strengthened further in recent months, resulting in a number of additional upgrades to our growth forecasts for 2021, to 5.4% on the regional average. This good performance has been built on two important foundation stones: the adaptation of the CESEE economies...
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