James Morley
I am a Professor of Macroeconomics at the University of Sydney (click here for my university webpage and here for my vita).
I teach macroeconomics, finance, and econometrics. My research uses statistical analysis to gain insights into a number of empirical issues in economics, including the following:
Are business cycle fluctuations symmetric? What are their sources and economic implications?
What is the nature of structural change in macroeconomic relationships? Is it gradual or abrupt?
What are the sources of persistent changes in the unemployment rate?
How does stock market volatility affect expected returns in the stock market?
Why are exchange rates so volatile and persistent?
Email: james.morley[at]sydney.edu.au
Phone: +612 9351 3368
Office: Room 607, Social Sciences Building
Mailing address:
School of Economics
Level 5, Social Sciences Building
University of Sydney
Sydney NSW 2006
Australia
Twitter: @macromorley
What's New?
Latest nowcasts of the U.S. output gap based on Berger, Morley, and Wong (2023) available at outputgapnow.com
24 April 2024
Updated version of “Unemployment in a Commodity-Rich Economy: How Relevant Is Dutch Disease?”
6 April 2024
“A Simple Correction for Misspecification in Trend-Cycle Decompositions with an Application to Estimating r*” published open access in the Journal of Business & Economic Statistics (code, including to apply to given preliminary estimated trend, available here)
29 March 2024
Updated version of “A Structural Measure of the Shadow Federal Funds Rate”. Data for the structural shadow rate available here
27 March 2024
New CAMA working paper “Trend-cycle decomposition after COVID” with accompanying website bnfiltering.com