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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Robust Design Principles for Monetary Policy Committees | Conference – 2018
12 Apr 2018
Conferences
The collapse of the Bretton Woods system was associated with burgeoning inflation in many advanced and emerging market economies. ... In nearly all of the emerging market economies, the central bank is a fully public institution.
https://www.rba.gov.au/publications/confs/2018/archer-levin.html
Financial Stability in a Low Interest Rate Environment: An Australian Case Study | Conference – 2017
16 Mar 2017
Conferences
Instead, they were more focused on how these macro-level developments translated into risk profiles at a more granular level. ... Secondly, periods of slow growth and excess real-economy capacity are periods when some additional economic risks should be
https://www.rba.gov.au/publications/confs/2017/ellis-littrell.html
Prospects for the Australian Economy in the First Decade of the New Century | Conference – 2000
24 Jul 2000
Conferences
RBA Annual Conference – 2000 Prospects for the Australian Economy in the First Decade of the New Century. ... Has there been some structural improvement in the way the economy works and in the way the macro managers manage that will allow the economy's
https://www.rba.gov.au/publications/confs/2000/panel-disc.html
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
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
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