Growth and Inflation Dynamics: Measuring Steady-State Growth, Output Gaps and Inflationary Pressures using Survey Data in Australia and Other Advanced Economies

该项目的目的是为澳大利亚和其他发达经济体开发“潜在产量”的新衡量标准。这些措施在预测经济衰退和通货膨胀时期以及制定宏观经济政策方面非常重要。该提案试图通过以下方式解决现有措施的缺陷：(I)从调查数据中纳入对未来产出和通胀预期的直接衡量标准，以及(Ii)与标准经济分析保持一致。在制定政策和编制经济预测时，形成利用调查数据的最佳做法方法将是该项目的一个重要贡献。

The aim of the project is to develop, for Australia and other advanced economies, new measures of 'potential production'. Such measures are important in the prediction of periods of recession and inflation, and in the formulation of macroeconomic policy. The proposal seeks to address the shortcomings of existing measures by (i) incorporating direct measures of expectations of future output and inflation from survey data, and (ii) being consistent with standard economic analysis. Forming best practice methods in the use of survey data in policy formation and in the production of economic forecasts will be a vital contribution of the project.