Economic modelling

Working paper

11 Jan 2019

This paper outlines the challenges of forecasting and communicating estimates of the revenue impact of policies over the medium term. The variety of policy costings that Treasury undertakes and the benefits and shortcomings of static and dynamic microsimulation approaches are discussed, with the paper concluding...


13 Nov 2018

VCOSS and NATSEM have launched this major report and online mapping project, providing new data and analysis. Poverty data for Victoria has been broken down, allowing policy makers to better target the needs of people in different places.


6 Nov 2018

Grattan Institute modelling shows that, even after allowing for inflation, most workers today can expect a retirement income of at least 91% of their pre-retirement income – well above the 70% benchmark endorsed by the OECD, and more than enough to maintain pre-retirement living standards.


A report on households and people who have experienced income decline from 2011 to 2016
22 Oct 2018

This report documents the patterns of declining economic mobility around Australia. It also provides a foundation for further research, exploring factors associated with the trends outlined.


10 Jul 2018

Billions of taxpayer dollars are committed before all the evidence for, and against, infrastructure projects is in, and basic rules of economic modelling are broken.


10 Apr 2018

Governments are the main audience for economic modelling, largely because of their role in making investments on behalf of taxpayers. As such, the public service plays a key role in influencing the behaviour of economic modellers and consequently the quality of information modellers provide to...

Working paper

31 Jan 2015

This paper connects variance-covariance estimation methods, Gaussian graphical models, and the growing literature on economic and nancial networks. We construct the network using the concept of partial correlations which captures direct linear dependence between any two entities, conditional on dependence between all other entities. We...

Conference paper

4 Dec 2014

Several attempts have been proposed in the literature to relax the restrictive assumptions of a standalone input-output model. Particularly, endogenisation of the household sector, which exhibits the highest constant returns to scale, has been continuously recognised as a key objective of such attempts. This objective...


30 Sep 2014

Executive Summary

This study develops a measurement tool to assess the economic health, human capital, social well-being and liveability of regional locations. The study is guided by developments in the professional literature related to measuring these four dimensions. Information was compiled from existing...


15 Jan 2009

The purpose of this study is to recommend a suitable approach to modelling/analysing regional resource projects to ensure that the economic impacts of a FIFO versus a residential workforce are understood.



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