Internationalisation and the Macroeconomy

David W. R. Gruen · Geoffrey Shuetrim

56 citations0/0 files storedRePEc: Research Papers in Economics

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Global trade and economics Global Financial Crisis and Policies Economic Theory and Policy

Abstract

Australia has been a small open economy since at least 1788. In the subsequent two hundred years, trade and financial links with the rest of the world have been of crucial importance. In other words, internationalisation of the Australian economy is not a recent phenomenon.

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References

1988Trends and random walks in macroeconomic time series 1990The Noise Trader Approach to Finance 1992THE POWER OF COINTEGRATION TESTS 1990Trade policy and market structure 1985Can international monetary policy cooperation be counterproductive?1993Testing the imports-as-market-discipline hypothesis 1993Estimating long-run relationships in economics 1993Movements in the Equity Premium

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