Search: aggregate supply
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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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Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
3 Jan 2023
RDP
2022-09
this shock from shocks to aggregate demand and supply (This involves restricting the cash rate and prices to move in opposite directions following a monetary policy shock, as in Uhlig (2005). ... raise the interest rate and lower prices, while both
https://www.rba.gov.au/publications/rdp/2022/2022-09/full.html
Introduction
3 Jan 2023
RDP
2022-09
this shock from shocks to aggregate demand and supply (This involves restricting the cash rate and prices to move in opposite directions following a monetary policy shock, as in Uhlig (2005). ... One explanation for the ambiguous output response obtained
https://www.rba.gov.au/publications/rdp/2022/2022-09/introduction.html
Estimates under Different Sets of Sign Restrictions
3 Jan 2023
RDP
2022-09
raise the interest rate and lower prices, while both supply and demand shocks should move the interest rate and prices in the same direction. ... Since my SVAR does not include any monetary aggregates, I do not consider such restrictions.
https://www.rba.gov.au/publications/rdp/2022/2022-09/estimates-under-different-sets-of-sign-restrictions.html