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RBA Glossary definition for labour market

labour market – A collective term for employment, unemployment, participation rates and wages.

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MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
Moreover, Australian variable-rate loans are not explicitly indexed to any market rate, unlike the ‘tracker’ loans that are common in some European countries (Lea 2010). ... t. A. t. (. Δ. a. t. 1. β. M. ,. t. z. t. ). ). In other words, external
https://www.rba.gov.au/publications/rdp/2022/2022-01/full.html

How Does the Pass-through of Monetary Policy Change with the State of the Economy?

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
Banks are assumed to be unable to access external capital markets until losses normalise. ... First, the persistence of macroeconomic variables mutes the effects the temporary lending rate pass-through amplifications have on economic activity, the labour
https://www.rba.gov.au/publications/rdp/2022/2022-01/how-does-the-pass-through-of-monetary-policy-change-with-the-state-of-the-economy.html