Melbourne Institute of Applied Economic and Social Research - Research Publications

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The Australian Economy in 2020–21: The COVID‐19 Pandemic and Prospects for Economic Recovery

Lim, G ; Nguyen, V ; Robinson, T ; Tsiaplias, S ; Wang, J (Wiley, 2021)

This article summarises developments in the Australian economy in 2020. It describes the economic growth and labour market ramifications associated with COVID-19, and the fiscal and monetary policies implemented to help counter its effects. COVID-19 has resulted in considerable slack in an economy that was weak pre-pandemic. While current policies are appropriately focused on stimulating demand and supporting employment, existing challenges such as weak growth in productivity, gross domestic product and real wages are also likely to remain relevant post-pandemic.
Introduction to the Policy Forum: Macroeconomic Consequences of Macroprudential Policies

Castelnuovo, E ; Lim, G ; ROBINSON, T (Wiley, 2016-03)

This policy forum summarises the proceedings of the 2015 Melbourne Institute Macroeconomic Policy Meeting, which took place at the Melbourne Institute on 15–16 October. The focus of this conference was on macroprudential policies. Section 2 provides a brief description of the papers presented and the keynote address. Section 3 refers to the remarks of the panel on ‘Macroprudential Policies in Australia: Design and Effects’, and the discussion. Section 4 concludes.