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RBA Glossary definition for G7

G7 – Group of Seven countries: Canada, France, Germany, Italy, Japan, UK and the USA. The G7 deals with issues of primary interest to developed economies.

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Forecastability of Inflation

9 Nov 2009 RDP 2009-06
Jamie Hall and Jarkko Jääskelä
Canova (2007) focuses on CPI inflation in G7 countries and finds that the performance of univariate time-varying parameter models is hardly any different than that of more complicated model specifications.
https://www.rba.gov.au/publications/rdp/2009/2009-06/for-inflation.html

The Lessons for Monetary Policy | Conference – 1991

21 Jun 1991 Conferences
Ian Macfarlane
Figure 5 compares the differential between Australia and the major seven countries (G7) for short-term and long-term interest rates between 1983 and 1989. ... In other words, our yield curve was on average nearly 3 per cent more inverse than in G7
https://www.rba.gov.au/publications/confs/1991/macfarlane.html

References

31 Dec 2012 RDP 2012-07
Peter Tulip and Stephanie Wallace
Journal of Money, Credit and Banking. , 41(6), pp 1217–1231. Vogel L (2007), ‘How do the OECD Growth Projections for the G7 Economies Perform?: A Post-Mortem’, OECD Economics Department
https://www.rba.gov.au/publications/rdp/2012/2012-07/references.html
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Regression Analysis

31 Dec 2014 RDP 2014-07
Gerard Kelly and Gianni La Cava
By international standards, Australia has a relatively high level of trade costs, particularly in relation to the G7 economies. ... Since the mid 1990s, the average level of trade costs is estimated to have fallen by almost 5 per cent for Australia and
https://www.rba.gov.au/publications/rdp/2014/2014-07/reg-ana.html
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Problems in the Measurement and Performance of Service-Sector Productivity in the United States | Conference – 1995

10 Jul 1995 Conferences
Robert J. Gordon
Does the abysmal performance of PNFNM productivity in the United States have any counterpart in the rest of the G7 countries? ... In fact, the US performance in trade exceeds that in any other G7 country besides Japan.
https://www.rba.gov.au/publications/confs/1995/gordon.html

Table A6 in Asymmetric Demography and Macroeconomic Interactions Across National Borders | Conference – 2006

23 Jul 2006 Conferences
Table A6: Active Ratio G7 countries, other G-20 countries and selected least-developed countries; ratio of population between the ages of 20 and 64 to the total population.
https://www.rba.gov.au/publications/confs/2006/bryant-table-a6.html

Summaries of the Papers | Conference – 1995

10 Jul 1995 Conferences
lower than in other G7 countries. ... To provide a satisfactory explanation, however, measurement problems need to have increased in the recent period and be greater than in other G7 countries.
https://www.rba.gov.au/publications/confs/1995/summaries-95.html

Empirical Results

1 Dec 1996 RDP 9611
John Simon
This is based on the work of Ricketts and Rose (1995) who found that this was a good description of inflation for a number of G7 countries. ... The work by Ricketts and Rose (1995) only identified one G7 country with this kind of process – Germany.
https://www.rba.gov.au/publications/rdp/1996/9611/empirical-results.html

Related Literature

31 Dec 2003 RDP 2003-07
Nikola Dvornak and Marion Kohler
For the UK it ranges from 0.04 to 0.045, whereas for the other G7 countries it is estimated to be less than 0.02. ... For Canada, the UK and the other G7 countries see Bertaut (2002), Boone et al (2001), Boone et al (1998), Pichette (2000) and Deutsche
https://www.rba.gov.au/publications/rdp/2003/2003-07/related-literature.html

Discussion on Business Cycle Dynamics in OECD Countries: Evidence, Causes and Policy Implications | Conference – 2005

11 Jul 2005 Conferences
In particular, it studies the business cycles in the G7 and Australia, Belgium, the Netherlands, Spain and Sweden, for the period from 1970 to 2003. ... the G7, allowing for both cross-country interdependencies and time variation.
https://www.rba.gov.au/publications/confs/2005/cotis-coppel-disc.html