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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Prudential Supervision | Conference – 1991
21 Jun 1991
Conferences
freedoms and opportunities; where new entrants have had to struggle against established players; and where the macro-economy has moved from strong growth to recession. ... As to (i), the economy was growing strongly and had been for some time.
https://www.rba.gov.au/publications/confs/1991/thompson.html
OECD Country Experiences with Disinflation | Conference – 1992
10 Jul 1992
Conferences
so that the ambiguous price signals typical of a high-inflation economy were significantly reduced. ... all macro-models are based on the assumption that in the long run all real variables are neutral with respect to changes in monetary policy and in the
https://www.rba.gov.au/publications/confs/1992/schelde-andersen.html
International and Foreign Exchange Markets
10 Nov 2014
SMP
– November 2014
Nevertheless, a combination of persistent weakness in the European economy and further divergence in the outlook for monetary policy among the largest economies – including as a result of significant new balance ... Equity prices in emerging markets
https://www.rba.gov.au/publications/smp/2014/nov/intl-fx-mkts.html
Wrap-up Panel Discussion | Conference – 2018
12 Apr 2018
Conferences
However, the panellist noted that Australia has an open economy and may therefore be more susceptible to future changes in the economic environment, which may require adaptations in the monetary policy ... Macroprudential tools were also said to not fix
https://www.rba.gov.au/publications/confs/2018/irvine-lowe-posen-shirai.html
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
If these lending rates reprice infrequently, unexpected changes in monetary policy will take time to flow through to the real economy. ... However, monetary policy rates in inflation-targeting economies can only have a unit root if the neutral real rate
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
Financial Stability: Ten Questions and about Seven Answers | Conference – 2010
9 Feb 2010
Conferences
The economy depends on a sustained flow of credit, not just on secure deposits and smooth payments. ... By contrast, those without such powers will need to find other ways to influence macro-prudential settings.
https://www.rba.gov.au/publications/confs/2010/caruana.html
International and Foreign Exchange Markets
10 Feb 2011
SMP
– February 2011
At the same time, longer-term bond yields in the major economies have risen, partly reflecting data showing stronger economic conditions (Graph 2.5). ... the appreciation of the yen, although Japanese markets have outperformed those in other major
https://www.rba.gov.au/publications/smp/2011/feb/intl-fx-mkts.html
The Growth Experience of Japan – What Lessons to Draw? | Conference – 1995
10 Jul 1995
Conferences
for the overall economy as well as for each sector. Some striking observations can be made. ... Okabe (ed.), The Structure of the Japanese Economy: Changes on the Domestic and International Fronts, Macmillan, London, pp.
https://www.rba.gov.au/publications/confs/1995/inoue.html
The Great Inflation, The Great Disinflation, and Policies for Future Price Stability | Conference – 1992
10 Jul 1992
Conferences
In the early 1960s the consensus macro-economic model was much different from the consensus model today. ... economic policy makers attempted either to disinflate the economy or to prevent a rise in inflation.
https://www.rba.gov.au/publications/confs/1992/taylor.html
International and Foreign Exchange Markets
10 Aug 2014
SMP
– August 2014
Foreign capital has also continued to flow to emerging markets, boosting asset prices in these economies. ... A number of central banks in developing economies have changed interest rates over recent months.
https://www.rba.gov.au/publications/smp/2014/aug/intl-fx-mkts.html