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RBA Glossary definition for GDP

GDP – Gross Domestic Product. A key measure of the value of economic production in the economy. GDP is determined in one of three ways: the value of goods and services produced less the cost of production; the sum of incomes generated by production; the sum of final expenditure on goods and services produced plus exports minus imports. An average of the three approaches may be calculated and is also referred to as GDP.

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A History of Australian Equities

31 Jul 2019 RDP PDF 1467KB
as GDP increased, probably reflecting the effects of wartime mobilisation on the Australian economy. ... In the 1990s earnings substantially outstripped GDP. This occurred alongside the expansion of the.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-04.pdf

FINANCIAL INNOVATIONS AND MONETARY POLICY1 A PRELIMINARY SURVEY* Carolyn ...

23 Feb 2017 RDP PDF 542KB
Finally, explicit nominal GDP targets have also been. proposed, for example by James Tobin and James Meade (cit. ... unemployment rate and this step could often be politically. unacceptable.13 The links from policy instruments to GDP are.
https://www.rba.gov.au/publications/rdp/1983/pdf/rdp8301.pdf

Real-time National Accounts Data

2 Dec 2009 RDP PDF 169KB
10. Table 2: Measures of GDP Timeline for production of quarterly GDP measures. ... in Figure 2 are not atypical. Furthermore, Appendix A illustrates that a similar story holds for revisions to the expenditure-based measure of GDP, GDP(E).
https://www.rba.gov.au/publications/rdp/2002/pdf/rdp2002-05.pdf

Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

25 Nov 2021 RDP PDF 1696KB
Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment. Gianni La Cava. Research Discussion Paper. R DP 2021-11. Figures in this publication were generated using Mathematica. ISSN 1448-5109 (Online). The Discussion Paper series
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-11.pdf

How Risky is Australian Household Debt?

19 Aug 2020 RDP PDF 1880KB
these variables using GDP per hour worked and the average interest rate in the United States,. ... required), GDP is not in the denominator of the DTI ratio like household income is.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf

Cost-benefit Analysis of Leaning against the Wind

5 Jul 2019 RDP PDF 1512KB
trading partner GDP, real commodity prices and real foreign interest rates as exogenous variables. ... the level of GDP, which we discuss in Section 6.1. Filardo and Rungcharoenkitkul (2016) emphasise.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-05.pdf

Macroeconomic Policies and Growth

1 Dec 2009 RDP PDF 183KB
Table 1: Long-Run Growth Trends(Per capita GDP based on PPP weights, per cent per annum). ... 24.0 19.5Exports, % change(d) 9.2 17.0 2.7Current external account/ GDP, %(f).
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9507.pdf

The Demand for Money in Australia: New Tests on an Old Topic

30 Nov 2009 RDP PDF 135KB
Figure 1: Ratio of M3 to Annual GDP. 0.30. 0.35. 0.40. ... 11. Figure 9: Ratio of Currency to Annual GDP. 0.036. 0.038.
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9314.pdf

Towards an Understanding of Australia’s Co-movement with Foreign Business Cycles

1 Dec 2009 RDP PDF 148KB
This is especially true if the export share of GDP is undergoing a structuralshift. ... 16. correlated, then the net impact on exports and GDP, although positive, will beconsiderably reduced.
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9607.pdf

Credit Spreads, Monetary Policy and the Price Puzzle

23 Jan 2020 RDP PDF 1959KB
4.1 Inflation Forecast Errors 18. 4.2 Unemployment and GDP Forecast Errors 19. ... Fed’s forecast errors for GDP and unemployment, but also explains the policy decision over and.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-01.pdf