Welcome to Murphy economics
"This web-site provides information on my current work analysing tax policy and the macroeconomy using economy-wide models. During my career,
I have directed economic modelling activities at the Australian Treasury, the Office of EPAC, Access Economics, Econtech, KPMG and Independent
Economics. I've now stepped down from directing modelling teams to divide my time between model-based research as a Visiting Fellow at the ANU
and closely allied consulting for government agencies. My biography provides
further background."
Chris Murphy, April 2019
Main New Contributions
I analyse economic issues using economy-wide models that I develop, including both computable general equilibrium (CGE) and
macro-econometric models. I use these models in academic research for publication as well as in consulting work for government
agencies. Tax reform is analysed using the CGETAX model, which is designed for assessing the efficiency and incidence of
the major Australian taxes. For example, the Treasury commissioned me to model the effects of the proposed cut in
the company tax rate from 30 to 25 per cent. I've also undertaken research into fiscal
equalisation, a policy area that was recently reviewed by the Production Commission.
Turning to macro-econometric modelling, I estimated the potential gains from wide-ranging economic
reform in a recent study for the Australian Council of Learned Academies (ACOLA). Recently, I also used my macro-econometric model to generate
economic scenarios in macro analysis for the Parliamentary Budget Office. I also assist government agencies with their
in-house modelling work. For example, I provide support to some of the economic modelling activities of the Singapore
Government. Similarly, in 2016-17 I undertook a review of economic modelling at the Australian Treasury. This web-site provides more information on
my models as well as the latest news on their use.