About Me

I am a Professor of Macroeconomics at the University of Sydney (click here for my university webpage and here for a pdf of my full CV).

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?

What's New

  • 15 October 2018 "Is Business Cycle Asymmetry Intrinsic in Industrialized Economies?" accepted for publication in Macroeconomic Dynamics. GAUSS code available.
    Posted Oct 14, 2018, 6:29 PM by James Morley
  • 27 September 2018 Updated version of working paper "Estimating and Accounting for the Output Gap with Large Bayesian Vector Autoregressions"
    Posted Sep 27, 2018, 3:29 AM by James Morley
  • 10 July 2018 "Intuitive and Reliable Estimates of the Output Gap from a Beveridge-Nelson Filter" published in the Review of Economics and Statistics. R and Matlab code available.
    Posted Jul 9, 2018, 9:51 PM by James Morley
  • 26 June 2018 Quoted in AFR article on the direction of monetary policy
    Posted Jun 25, 2018, 8:43 PM by James Morley
Showing posts 1 - 4 of 83. View more »

Phone: +612 9351 3368
Room 607, Social Sciences Building
Mailing address: 
  School of Economics
  Level 5, Social Sciences Building
  University of Sydney
  Sydney NSW 2006