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RBA Glossary definition for business cycle

business cycle – The period between peaks or troughs of macroeconomic activity.

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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
Stratification by industry and business size is implemented to produce data that are representative of Australian businesses. ... This has important implications for macroeconomic policy. While such effects are likely to cancel out over a business cycle,
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html

References

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
Comin D and M Gertler (2006), ‘Medium-term Business Cycles’, The American Economic Review, 96(3), pp 523–551. ... Stadler GW (1990), ‘Business Cycle Models with Endogenous Technology’, The American Economic Review, 80(4), pp 763–778.
https://www.rba.gov.au/publications/rdp/2024/2024-01/references.html

Conclusion

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
This has important implications for macroeconomic policy. While such effects are likely to cancel out over a business cycle, the potential for medium-run productivity scarring increases the importance of macro ... Previous work has shown that this
https://www.rba.gov.au/publications/rdp/2024/2024-01/conclusion.html

Introduction

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
One stream of this literature argues that weaker economic conditions, particularly economic downturns, can lead to slower rates of innovation and technology adoption by businesses, which can in turn lead to ... While the effects of expansionary and
https://www.rba.gov.au/publications/rdp/2024/2024-01/introduction.html