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RBA Glossary definition for aggregate supply

aggregate supply – Gross domestic product as measured by the value of goods and services produced.

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Box B: The Impact of Lending Standards on Loan Sizes

10 Feb 2020 FSR October 2018 PDF 634KB
https://www.rba.gov.au/publications/fsr/2018/oct/pdf/box-b.pdf

The Cost of Inflation in Australia | Conference – 1992

10 Jul 1992 Conferences
Doug McTaggart
behaviour where one or more of the fundamental inputs into the aggregate supply equation, or production function, has been adversely effected. ... The short-run aggregate supply curve, SAS, has a positive slope, compatible with a downward-sloping
https://www.rba.gov.au/publications/confs/1992/mctaggart.html

Discussion of Decomposing Supply and Demand Driven Inflation

23 Nov 2023 Conferences PDF 544KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-shapiro-discussion-presentation.pdf

Oil Price Shocks, Monetary Policy and Stagflation

10 May 2010 Conferences PDF 329KB
RBA Conference Volume 2009
https://www.rba.gov.au/publications/confs/2009/pdf/kilian.pdf

China's Institutional Impediments to Productivity Growth | Conference – 2016

18 Mar 2016 Conferences
Harry X Wu
Methodology-wise, this study adopts the Jorgensonian aggregate production possibility frontier (APPF) framework. ... where w. j. is the share of industry value added in aggregate value added.
https://www.rba.gov.au/publications/confs/2016/wu.html

Oil Price Shocks, Monetary Policy and Stagflation | Conference – 2009

17 Aug 2009 Conferences
Lutz Kilian
There are two main channels of transmission. One is the increased cost of producing domestic output (which is akin to an adverse aggregate supply shock); the other is the reduced purchasing ... Bernanke et al (1997), for example, implicitly take the
https://www.rba.gov.au/publications/confs/2009/kilian.html

Financial-asset Prices and Monetary Policy: Theory and Evidence | Conference – 1997

21 Jul 1997 Conferences
Frank Smets
According to Equation (2), aggregate demand depends negatively on the expected real interest rate (r. ... I therefore assume that asset-market participants have information about current supply and demand shocks.
https://www.rba.gov.au/publications/confs/1997/smets.html

The Objectives for, and Conduct of, Monetary Policy in the 1990s | Conference – 1992

21 Jun 1990 Conferences
Charles Goodhart
as some monetary aggregate or the exchange rate, (as in the Exchange Rate Mechanism in Europe). ... velocity has been notorious, especially when the aggregate involved became the chosen target for the country' s monetary authority.
https://www.rba.gov.au/publications/confs/1992/goodhart.html

The Australian High-Value Payments System

19 Apr 2004 FSR PDF 98KB
The aggregate level of overnight balances is determined by the Reserve Bank through its open market operations. ... These operations are designed to ensure that the aggregate supply of Exchange Settlement balances equals banks’ aggregate demand at the
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304-1.pdf

Restructuring and Reform: China 2016 | Conference – 2016

18 Mar 2016 Conferences
Barry Naughton
Formally, supply-side reforms include five elements:. Eliminating excess industrial capacity. Reducing the stock of unsold housing. ... Reductions in excess capacity have been given clear priority over the other elements of supply-side reform.
https://www.rba.gov.au/publications/confs/2016/naughton.html