RDP 2007-07: More Potent Monetary Policy? Insights from a Threshold Model Appendix A: Data Description and Sources

Australian gross domestic product (y): The logarithm of seasonally adjusted quarterly GDP (Australian Bureau of Statistics (ABS) Cat No 5206.0).

CPI inflation (π): Quarterly, based on the weighted median consumer price index excluding taxes and interest (Reserve Bank of Australia (RBA)).

Cash rate (i): Overnight cash rate, averaged over the quarter (RBA).

Real credit (credit): The logarithm of seasonally adjusted break-adjusted (total, household and business) credit deflated by the consumer price index, excluding taxes and interest, averaged over the quarter (RBA).

Investment (inv): The logarithm of seasonally adjusted quarterly private business investment (ABS Cat No 5206.0).

Consumption (c): The logarithm of seasonally adjusted quarterly household final consumption expenditure (ABS Cat No 5206.0).

Corporate debt to equity ratio: Market value of debt (net of derivatives and other accounts payable) divided by market value of listed and unlisted equity (ABS Cat No 5232.0).

Household debt to disposable income ratio: Total household debt (including securitisation) divided by household gross disposable income before interest rate payments (excluding unincorporated enterprises) (ABS; RBA).