Search: aggregate demand
RBA Glossary definition for aggregate demand
aggregate demand – Gross domestic product as measured by the sum of final expenditure on goods and services produced.
Search Results
The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
21 Jun 2023
RDP
2023-05
demand. All else equal, lower interest rates are likely to directly impact bank profitability by eroding banks' net interest margins (NIMs). ... For example, improvement to the economic outlook could give rise to higher rates and profitability by
https://www.rba.gov.au/publications/rdp/2023/2023-05/full.html
Introduction
21 Jun 2023
RDP
2023-05
This paper presents new insights on the direct impact of lower rates on bank profitability, after controlling for other factors that operate indirectly through monetary policy's independent impact on aggregate ... demand. All else equal, lower interest
https://www.rba.gov.au/publications/rdp/2023/2023-05/introduction.html
Analytical Framework
21 Jun 2023
RDP
2023-05
For example, improvement to the economic outlook could give rise to higher rates and profitability by stimulating investment and increasing current loan demand. ... While these channels are plausible, finding good controls for expected demand that are
https://www.rba.gov.au/publications/rdp/2023/2023-05/analytical-framework.html
Empirical Findings across Countries
21 Jun 2023
RDP
2023-05
These estimates would be smaller still if one were to add back any effects that operate indirectly through monetary policy's effect on aggregate demand.
https://www.rba.gov.au/publications/rdp/2023/2023-05/empirical-findings-across-countries.html