Publications

Books and Monographs

Murphy, C.W. with Enzler, J.J., Ng, H.T., Phang, S.J. and Robinson, E. (2005), “Two Decades of Macromodelling at the MAS”, MAS Staff Paper No. 39, July.

Powell, A.A. and Murphy, C.W. (1997), “Inside a Modern Macroeconomic Model — A Guide to the Murphy Model”, second ed., Springer, Berlin, 455 pp.

Murphy, C.W., Bright, I.A., Brooker, R.J., Geeves, W.D. and Taplin, B.K. (1986), “A Macroeconometric Model of the Australian Economy for Medium-term Policy Analysis”, Office of the Economic Planning Advisory Council Technical Paper, No. 2, Canberra, 178 pp.

Chapters in Books

Murphy, C.W. (1999), “Payroll Tax: Is it as good as a VAT or as bad as Sales Tax?” in Neil. A. Warren (ed.), State Taxation: Repeal, Reform or Resignation, Australian Tax Research Foundation, 1999, 67-105.

Murphy, C.W. (1992), “The Steady State Properties of a Macroeconometric Model” in C. Hargreaves (ed.), Macroeconometric Modelling of the Long Run, Edward Elgar, London, 159-205.

Murphy, C.W. (1991), “Saving Policy Issues Examined with a Macroeconometric Model”, in P.J. Stemp (ed.), Saving and Policy and Growth, Canberra, 103-126.

Murphy, C.W. and Challen, D.W. (1987), “Some Applications of the AMPS Model”, in Jia-Pei Wu and Shou-Yi Zhang (eds), The Role of Economic Modelling in National Economic Management, Institute of Quantitative and Technical Economics, Beijing (in Chinese), 158-172.

Journal Articles

Murphy, Chris (2023), “Fiscal Policy in the COVID-19 Era”, Economic Papers, 42:2, June, 107–152.

Murphy, C.W. (2020), “Decisions in Designing an Australian Macroeconomic Model”, Economic Record, 96, 252-270.

Murphy, C.W. (2018), “Modelling Australian corporate tax reforms”, Australian Tax Forum, 33:1, 5-49.

Murphy, C.W. (2017), “GST and how to tax Australian banking”, Australian GST Journal, 17, 84-105.

Murphy, C.W. and Neill, K. (2013), “The economic impacts of business taxation with special reference to the mining industry”, Tax Policy Journal, 8, 29-36.

Yates, J. and Murphy, C.W. (2006), “A cost-benefit analysis of weight management strategies”, Asia Pacific Journal of Clinical Nutrition, 15, 74-79.

Murphy, C.W. (1997), “Optimal Control of a National Economic Model”, Control Engineering Practice, 5:4, 535-548.

Smith, J. and Murphy, C.W. (1994), “Macroeconomic Fluctuations in the Australian Economy”, The Economic Record, 70, 133-148.

Murphy, C.W. (1991, 1992), “The Macroeconomic Outlook”, Australian Economic Review, 2’91, 4’91, 2’92, 4’92.

Murphy, C.W. (1989), “The Budget Strategy and Foreign Debt”, Australian Economic Review, 4’89, 32-51.

Murphy, C.W. (1988a), “An Overview of the Murphy Model”, in Burns, M.E. and Murphy, C.W. (eds), Macroeconomic Modelling in Australia, Australian Economic Papers, 27:Supp., 175-199.

Murphy, C.W. (1988b), “Rational Expectations in Financial Markets and the Murphy Model”, in Burns, M.E. and Murphy, C.W. (eds), Macroeconomic Modelling in Australia, Australian Economic Papers, 27:Supp., 61-88.

Murphy, C.W. (1986), “Exchange Rate Policy and the AMPS Model”, in Nguyen, D.T. and Gregory, R.G. (eds), Exchange Rates and the Economy, Economic Record, Supp., 41-54.

Working Papers

Murphy, Chris (2024), “An evaluation of the macro policy response to COVID”, ANU Tax and Transfer Policy Institute Working Paper, 11/2024.

Murphy, C.W. (2022), “Fiscal Policy in the COVID-19 era”, ANU Centre for Applied Macroeconomic Analysis Working Paper, 27/2022.

Murphy, C.W. (2018c), “Australia's high company tax rate and dividend imputation: a poor recipe for a small open economy”, ANU Tax and Transfer Policy Institute Working Paper, 9/2018.

Murphy, C.W. (2018b), “Optimal fiscal equalisation and its application to Australia: updated”, ANU Working Papers in Trade and Development, 2018/13.

Murphy, C.W. (2018a), “Modelling Australian corporate tax reforms: updated for the recent US corporate tax changes”, ANU Tax and Transfer Policy Institute Working Paper, 2/2018.

Murphy, C.W. (2017a), “Optimal fiscal equalisation and its application to Australia”, ANU Working Papers in Trade and Development, 2017/12.

Murphy, C.W. (2017b), “Modelling Australian corporate tax reforms”, ANU Tax and Transfer Policy Institute Working Paper, 8/2017.

Murphy, C.W. (2016a), “The effects on consumer welfare of a corporate tax cut”, ANU Working Papers in Trade and Development, 2016/10.

Murphy, C.W. (2016b), “Efficiency of the tax system: a marginal excess burden analysis”, ANU Tax and Transfer Policy Institute Working Paper, 4/2016.

Recent Conference and Seminar Papers and Presentations

Murphy, C.W. (2022), “Fiscal Policy in the COVID-19 era”, Reserve Bank of Australia seminar, 9 May.

Murphy, C.W. (2021), “Fiscal Policy in the COVID-19 era”, ANU Arndt-Corden Department of Economics seminar paper, 26 October.

Murphy, C.W. (2019), “Issues in Designing an Australian Macroeconomic Model” (revised and updated), ANU Arndt-Corden Department of Economics seminar, 5 March.

Murphy, C.W. (2018a), “A Dynamic mini-CGETAX Model”, presentation to the 2018 Australian Conference of Economists", 10-13 July, Canberra.

Murphy, C.W. (2018b), “Issues in Designing an Australian Macroeconomic Model”, presentation to the Macroeconomic Modelling and Forecasting Workshop, University of Tasmania, 6-7 December.

Murphy, C.W. (2017a), “How to tax a banking oligopoly”, ANU Arndt-Corden Department of Economics seminar paper, 18 July.

Murphy, C.W. (2017b), “Efficiency of the tax system: a marginal excess burden analysis (update)”, presentation to the 2017 Australian Conference of Economists, 19-21 July, Sydney.

Murphy, C.W. (2017c), “Modelling company tax reforms”, paper presented to ANU Tax and Transfer Policy Institute Conference on “What Shall We Do With Company Tax?”, 24-25 July.

Murphy, C.W. (2017d), “Fiscal equalisation of Australian states and territories: policy options and welfare maximisation (update)”, paper presented to Workshop on "Federal Relations and Tax Reform", University of Adelaide, 28-29 August.

Murphy, C.W. (2016a), “Improving the Efficiency of the Australian Tax System: a model-based analysis”, ANU Tax and Transfer Institute seminar presentation, 23 February.

Murphy, C.W. (2016b), “Company tax cut: Budget modelling and post-Budget reflections”, ANU Arndt-Corden Department of Economics seminar paper, 10 May.

Stewart, M., Murphy, C.W. and Ingles, D. (2016), “The economics, incidence and modelling of corporate tax reform”, presentation to Roundtable on Corporate Tax Reform, ANU Tax and Transfer Policy Institute, 15 March.

Murphy, C.W., Song, Tan Di and Poh, Jamie (2015), “A Model of the Singapore Labour Market and Economy”, ANU Arndt-Corden Department of Economics seminar presentation, 20 January.

Murphy, C.W. (2015), “Fiscal equalisation of Australian states and territories: policy options and welfare maximisation”, ANU Arndt-Corden Department of Economics seminar paper, 11 August.

Murphy, C.W. and Prihardini, D. (2013), “Policy analysis and forecasting with a new macro-econometric model of Australia”, Reserve Bank of Australia seminar, 17 September.

Selected Published Consultancies

Murphy, C.W. (2022), “Macroeconomic Modelling at MAS”, Macroeconomic Review, Volume XXI, Issue 1, April, Monetary Authority of Singapore.

Murphy, C.W. with Bullen, J., Conigrave, B., Elderfield, A., Karmel, C., Lucas, L., Ruberl, H., Stoney, N. and Yao, H. (2021), “The Treasury Macroeconometric Model of Australia: Modelling Approach”, Treasury Paper 2021-09, 3 September.

Murphy, C.W. (2007, 2011, 2021), “2021 Update of the GST Model of Malaysia”, commissioned by the Ministry of Finance, Malaysia.

Murphy, C.W. (2017), "Economic impacts of selected macroeconomic shocks", commissioned by the Parliamentary Budget Office.

Murphy, C.W. and MAS staff (2017), “Optimal Control in the Monetary Model of Singapore”, Macroeconomic Review, Volume XVI, Issue 1, April, Monetary Authority of Singapore.

Murphy, C.W. (2017), “Review of the Economic Modelling Capability of the Treasury”, commissioned by the Australian Treasury.

Murphy, C.W. (2016), “Modelling of the Proposed Cut to the Rate of Company Tax”, commissioned by the Australian Treasury.

Murphy C.W. and Prihardini D. (2015), “Australia’s Comparative Advantage – Economic Scenarios”, commissioned by the Australian Council of Learned Academies.

Murphy C.W. and Prihardini D. (2014), “Economic impact of selected macroeconomic shocks”, commissioned by the Parliamentary Budget Office.

Murphy, C.W. and MAS staff (2014), “The Monetary Model of Singapore: a Technical Overview”, commissioned by the Monetary Authority of Singapore.

Murphy C.W. and Neill K. (2012), “Horizontal Fiscal Equalisation: Modelling the welfare and efficiency effects”, commissioned by SA Department of Treasury and Finance.

Murphy C.W., Neill K. and Yates J. (2010), “CGE Analysis of the Current Australian Tax System”, commissioned by the Department of the Treasury.

Murphy C.W. (2000b), “A Guide to Econtech's Industry Model - Murphy Model 600 Plus (MM600+)”, Econtech mimeo, 8 July.

Murphy C.W. (2000a), “The Implications of a New Tax System (ANTS) - Modelled Using MM600+”, Econtech mimeo, May.

Murphy C.W. (1990), “A Revised Version of the EPA Model of Australia”, commissioned by the Economic Planning Agency of Japan.

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