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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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Is the Phillips Curve Still a Curve? Evidence from the Regions

31 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
pre-1990s period are much ‘flatter’ using regional data than using aggregate data. ... time fixed effects to sweep out any movements in the aggregate NAIRU over time.
https://www.rba.gov.au/publications/rdp/2021/2021-09/full.html

Is the Phillips Curve Still a Curve?

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
pre-1990s period are much ‘flatter’ using regional data than using aggregate data. ... time fixed effects to sweep out any movements in the aggregate NAIRU over time.
https://www.rba.gov.au/publications/rdp/2021/2021-09/is-the-phillips-curve-still-a-curve.html

Background on the Phillips Curve and the RBA's Modelling Approach

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
u. t. is the ‘unemployment gap’. This basic framework was also extended to include supply shocks by Gordon (1982). ... In practice, the RBA's current models also control for other determinants of wage and price inflation, including lagged inflation
https://www.rba.gov.au/publications/rdp/2021/2021-09/background-on-the-phillips-curve-and-the-rbas-modelling-approach.html