Centre for Applied Macroeconomic Analysis

The Centre for Applied Macroeconomic Analysis (CAMA) is located in the Crawford School of Public Policy at the Australian National University and was established in 2003 to bring together economists working on applied macroeconomic and financial market issues throughout Australia and across the globe. Its objectives are to advance research and post-graduate training in applied macroeconomic and financial issues.

CAMA was founded by Professor Warwick McKibbin who is also the current director. The deputy director is Professor Ippei Fujiwara.[1] Former directors include Professor Shaun Vahey and Professor Renée Fry-McKibbin,[2] and deputy directors include Professor Mardi Dungey, Professor Heather Anderson and Professor Renee Fry.

CAMA Network

CAMA is an active research network among scholars of macroeconomics globally, with much of the activity occurring virtually. Research associates [3] join a research program developed around a topical theme in Macroeconomics. Each program is headed by a program director or directors who are responsible for encouraging active research participation through participation in events [4] such as conferences, workshops and seminars, and particularly through submissions to a vibrant working paper series.[5] CAMA also runs the Shadow RBA Board.[6] CAMA management also seeks advice from an advisory board.[7]

CAMA RBA Shadow Board

The CAMA RBA Shadow Board was conceived in August 2011. It consists of nine voting members and one non-voting chair that offer its own policy recommendation the day before the official RBA decision. Members give probabilistic assessments of the appropriate target rate for each round, which are then aggregated. The higher the percentage attached to a given cash rate, greater the confidence that this rate is the appropriate target. From March 2012, each Shadow Board member was invited (but not obliged) to provide a personal comment on monetary conditions and from April 2012, each Shadow Board member was invited to publish longer-term interest rate assessments.

Publications

CAMA has its own working paper series. The working papers published in the CAMA working paper series are also available on RePec (Research Papers in Economics)[8] and SSRN (Social Science Research Network).[9]

CAMA also publishes a newsletter.[10] CAMA members contribute to the content of the newsletter, which includes among other things new members, projects, awards, publications, interviews, and events.

Events

CAMA actively promotes events such as workshops and conferences in Australia and internationally through sponsorship, organization and advertising. CAMA is a representative on the NBER East Asian Seminar in Economics (EASE)[11] and the National Economic Research Organizations (NERO) network.[12]

CAMA also hosts the CAMA Macroeconomics Brown Bag Seminars where staff, visitors and PhD students have an opportunity to present their work.

References

  1. "Ippei Fujiwara - Crawford School of Public Policy - ANU". Crawford.anu.edu.au. 2013-07-03. Retrieved 2014-05-15.
  2. "Reneé McKibbin (Fry) - Crawford School of Public Policy - ANU". Crawford.anu.edu.au. 2013-07-03. Retrieved 2014-05-15.
  3. "Research Associates - CAMA - ANU". Cama.crawford.anu.edu.au. 2013-08-15. Retrieved 2014-05-15.
  4. "Current events - CAMA - ANU". Cama.crawford.anu.edu.au. 2013-08-15. Retrieved 2014-05-15.
  5. "CAMA Working Paper Series - CAMA - ANU". Cama.crawford.anu.edu.au. 2013-08-15. Retrieved 2014-05-15.
  6. "CAMA RBA Shadow Board - CAMA - ANU". Cama.crawford.anu.edu.au. 2013-08-15. Retrieved 2014-05-15.
  7. "Advisory board - CAMA - ANU". Cama.crawford.anu.edu.au. 2013-08-15. Retrieved 2014-05-15.
  8. RePec
  9. SSRN
  10. "CAMA Newsletter - CAMA - ANU". Cama.crawford.anu.edu.au. 2013-08-15. Retrieved 2014-05-15.
  11. EASE Archived May 30, 2014, at the Wayback Machine.
  12. NERO

External links

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