A Wrap-up of the AREA Project

Wrap-up.

Wrap - Up : a Trainable DiscourseModule

The vast amounts of on-line text now available have led to renewed interest in Information Extraction (IE) systems that analyze unrestricted text, producing a structured representation of selected information from the text. This paper presents a novel approach that uses machine learning to acquire knowledge for some of the higher level IE processing. Wrap-Up is a trainable IE discourse componen...

Wrap-up Discussion

The unifying theme of the conference has been that the inflationary effects associated with changes in commodity prices depend on the more fundamental shocks that drive commodity prices. Moreover, since changes in prices of oil and other commodities are relative price shocks they do not cause inflation. In contrast, central banks can cause inflation and they respond to real shocks, so it is nec...

Wrap-up Discussion

I recognise that the central bankers represented around this table are less prone than others to these pressures. I also recognise that sometimes when central bankers ease policy amid market turmoil, there are often reasons that are not always outwardly visible at the time. With that in mind, I hope no-one assembled here takes too personally my critical look at where we have travelled in the jo...

Wrap-up Discussion

There has been agreement I think that it was on the whole a pretty good decade for Australia. It’s true, as a number of the papers reminded us, that output growth was on average slower in the 2000s than in the 1990s. It’s also true that productivity growth was slower than in the preceding decade. And while the rise in wealth during the decade was formidable, by the end of the decade household w...