Search: macro economy
RBA Glossary definition for macro economy
macro economy – The economy looked at as a whole or in terms of major components measured by aggregates such as gross domestic product, the balance of payments and related links, in the context of the national economy. This contrasts with microeconomics which focuses upon specific firms or industries.
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Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
22 Mar 2023
RDP
2023-03
However, growth in labour productivity has slowed markedly over recent decades in Australia and other advanced economies. ... firms been larger, by 2017 the economy would have been $13 billion (or per cent of GDP) larger, equating to around $550 per
https://www.rba.gov.au/publications/rdp/2023/2023-03/full.html
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The Cost of Inflation in Australia | Conference – 1992
10 Jul 1992
Conferences
Inflation is theft and an economy built on inflation is one built on deception’. ... Further transfers occur between different sectors of the private economy whenever fixed-interest nominal debt instruments are traded.
https://www.rba.gov.au/publications/confs/1992/mctaggart.html
Did Labour Market Concentration Lower Wages Growth Pre-COVID?
1 Mar 2023
RDP
2023-02
The topic has received a lot of focus in recent years in response to slow wages growth, and evidence of increasing inequality and declining labour shares in some advanced economies. ... Errors clustered at the local market level. To provide a sense of
https://www.rba.gov.au/publications/rdp/2023/2023-02/full.html
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Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018
12 Apr 2018
Conferences
The third is the growth of larger emerging economies into the world economy following the experience of China. ... The key issue is what will be the nature of future shocks hitting the Australian economy.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html
The Australian Labour Market in the 1990s | Conference – 2000
21 Jun 1990
Conferences
First, structural change in the economy (e.g. labour market reform) can reduce the level of unemployment that the economy can sustain. ... Such policies will tend to slow the economy and raise the level of unemployment.
https://www.rba.gov.au/publications/confs/2000/dawkins.html
Appendix A: Model Specifications
20 Sep 2022
RDP
2022-03
accounts for the natural level of defaults that take place even in a strong economy. (. ... 0. The pre-calibrated PD coefficients used in these equations are shown in Table A2 and LGDs do not depend on the macro environment.
https://www.rba.gov.au/publications/rdp/2022/2022-03/appendix-a.html
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Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018
12 Apr 2018
Conferences
People can then monitor how the economy is performing, relative to our earlier projections. ... This slows the economy and leads the MPC to lower the policy rate.
https://www.rba.gov.au/publications/confs/2018/broadbent.html
The Evolution of Financial Deregulation | Conference – 1991
21 Jun 1991
Conferences
This changed not only the extent and nature of the links between borrowers and lenders, but also altered the way monetary policy impinged on the macro-economy. ... There were a variety of objectives. The authorities wished:. to influence the pace of the
https://www.rba.gov.au/publications/confs/1991/grenville.html
The Australian Labour Market in the 2000s: The Quiet Decade | Conference – 2011
24 Jul 2000
Conferences
Downturns in the Australian economy in the 2000s were much less severe than the recessions of the 1980s and 1990s. ... Australia's labour market performance in the 2000s compared favourably with other industrial economies.
https://www.rba.gov.au/publications/confs/2011/borland.html
DSGE Reno: Adding a Housing Block to a Small Open Economy Model
1 Apr 2018
RDP
2018-04
Research Discussion Paper – RDP 2018-04 DSGE Reno: Adding a Housing Block to a Small Open Economy Model. ... April 2018. 1,668. KB. The authors would like to thank Daniel Rees, Tim Robinson, Gian-piero Lovicu, Jarkko Jääskelä, John Simon,
https://www.rba.gov.au/publications/rdp/2018/2018-04/sections.html
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