Estimating and evaluating the predictive accuracy of structural macroeconomic models

该项目将提供改进的方法，为澳大利亚的宏观经济政策及其经济发展战略提供信息，为澳大利亚经济提出最适当的结构宏观经济模式。有效的宏观经济政策反过来又能确保经济稳定发展，消除经济周期的影响，平衡通货膨胀、失业率、汇率和其他宏观经济指标。所有这些指标都与澳大利亚人民的福祉和澳大利亚经济的繁荣息息相关。在当前通胀压力、财政挑战、气候变化和世界市场不稳定的情况下，准确的宏观经济分析的重要性增加了。

This project will provide improved methods to inform Australia's macroeconomic policies and its strategies for economic development by suggesting the most adequate structural macroeconomic model for the Australian economy. Effective macroeconomic policies, in turn, assure stable economic development, smoothes effects of economic cycles and balances inflation, unemployment, the exchange rate and other macroeconomic indicators. All these indicators are closely linked to the welfare of the Australian people and prosperity of the Australian economy. The importance of an accurate macroeconomic analysis is increased in the current condition of inflationary pressures, fiscal challenges, climate change, and world market instabilities.