Nowcasting and Interpreting the Australian Economy

该项目旨在研究即时预测和解读澳大利亚经济的方法。这决定了当前的经济状况以及影响经济状况的因素。 该项目预计将产生关于如何使用非常规、新的数据源和创新方法进行即时预测以及如何为澳大利亚经济建模的新知识。 预期结果包括及时发布新的经济状况指标，以及影响经济状况的因素。这将通过为澳大利亚宏观经济政策的实施提供信息来提供重大好处，因为适当的政策反应不仅取决于了解当前的经济状况，而且还取决于了解其背后的经济因素。

This project aims to investigate methods for nowcasting and interpreting the Australian economy. This is determining the current state of the economy and the factors contributing to it. This project expects to generate new knowledge on how unconventional, new, data sources and innovative methods can be used to in nowcasting and how the Australian economy can be modelled. The expected outcomes include timely new indicators of the state of the economy, and the factors contributing to it. This should provide significant benefits through informing the conduct of Australian macroeconomic policy, as the appropriate policy response depends not only on knowing the current state of the economy but understanding the economic factors underlying it.