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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The Labour Market | Conference – 1990

21 Jun 1990 Conferences
Bruce Chapman
While there is much of interest behind these phenomena, in an examination of the links from labour supply to the aggregate unemployment rate it is more pertinent to focus on the ... Data on the second part of identity (1), the aggregate number of jobs,
https://www.rba.gov.au/publications/confs/1990/chapman.html

4 October 2022 | Minutes of the Monetary Policy Meeting of the Board

18 Oct 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 October 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-10-04.html

Designing Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Andrew G. Haldane
Equation (5) is an expectational Phillips curve. Equation (6) is an aggregate-demand relation. ... So this is a standard aggregate-demand/aggregate-supply model. Note, crucially, that there is an explicit one-period lag in monetary transmission.
https://www.rba.gov.au/publications/confs/1997/haldane.html

Conference on Money and Credit: Summary of Discussion | Conference – 1989

20 Jun 1989 Conferences
The important point is that simple interest rate rules dominate simple money supply rules unless some monetary aggregate can be found for which the demand function is sufficiently stable. ... Narrower aggregates were very volatile, and intermediate
https://www.rba.gov.au/publications/confs/1989/summary-of-discussion.html

It Takes More Than a Bubble to Become Japan | Conference – 2003

18 Aug 2003 Conferences
Adam Posen
The theoretical foundations for such claims turn out to be little more than ones of coincident timing – in Japan in the second half of the 1980s, money supply was growing, velocity ... for a sustained period; second, whether growth in a credit
https://www.rba.gov.au/publications/confs/2003/posen.html

Change and Constancy in the Financial System: Implications for Financial Distress and Policy | Conference – 2007

20 Aug 2007 Conferences
Claudio Borio
point, create their own demand, by making financing terms more attractive, boosting asset prices and hence aggregate demand. ... In a sense, a greater supply of funding ultimately generates additional demand for itself.
https://www.rba.gov.au/publications/confs/2007/borio.html

2 May 2023 | Minutes of the Monetary Policy Meeting of the Board

16 May 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 2 May 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-05-02.html

Discussion | Conference – 2018

12 Apr 2018 Conferences
One simple example of when a purely forward-looking decision procedure for monetary policy is not the best policy arises when aggregate supply is affected by cost-push shocks (that is, ... Adding a cost-push shock, u. t. , to the aggregate supply curve
https://www.rba.gov.au/publications/confs/2018/archer-levin-disc.html

4 April 2023 | Minutes of the Monetary Policy Meeting of the Board

18 Apr 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 April 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-04-04.html

1 November 2022 | Minutes of the Monetary Policy Meeting of the Board

15 Nov 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 November 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-11-01.html