Search: business cycle
RBA Glossary definition for business cycle
business cycle – The period between peaks or troughs of macroeconomic activity.
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Macroeconomic Consequences of Terms of Trade Episodes, Past and Present
4 Feb 2015
RDP
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629KB
Since the mid 19th century, Australia has experienced five major cycles in this key relative price. ... See Appendix A for a list of terms of trade cycles identified using this algorithm.
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-01.pdf
The Unit-effect Normalisation in Set-identified Structural Vector Autoregressions
6 Oct 2022
RDP
PDF
2224KB
The Unit-effect Normalisation in Set-identified Structural Vector. Autoregressions. Matthew Read. Research Discussion Paper. R DP 2022- 04. Figures in this publication were generated using Mathematica. ISSN 1448-5109 (Online). The Discussion Paper
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-04.pdf
The Evolution of Corporate Financial Structure: 1973-1990
31 Jan 2006
RDP
PDF
777KB
Changes in fm leverage appear to be dominated by trend components, with the business cycle playing a relatively minor role. ... The graphs suggest that the business cycle has a considerable influence on the dividend pay-out ratio.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9216.pdf
Jobs or Hours? Cyclical Labour Market Adjustment in Australia
7 Sep 2017
RDP
PDF
1259KB
implies that changes in average hours worked have been more sensitive to the business cycle. ... details). This helps to isolate changes related to the business cycle, by abstracting from the trend.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-06.pdf
Financial Deregulation and the Monetary Transmission Mechanism
19 Nov 2012
RDP
PDF
718KB
We find that interest. rates are an important determinant of both the business cycle and. ... iii) the growth rate of real credit, on the other hand, does not appear to play much of a role in driving the business cycle.
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9008.pdf
Changes in the Determinants of Inflation in Australia
1 Dec 2009
RDP
PDF
371KB
30 The Department of Employment, Workplace Relations and Small Business maintains a census. ... Figure 12 presents trends in market sector productivity since the mid 1960s.Measured productivity growth tends to vary during the course of a business cycle,.
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-02.pdf
Leverage Constraints and the International Transmission of Shocks
13 Dec 2009
RDP
PDF
251KB
In the context of the international transmission of business cycles, however, other puzzles arise. ... 2 An alternative mechanism where balance sheets play a key role in business cycles is the.
https://www.rba.gov.au/publications/rdp/2009/pdf/rdp2009-08.pdf
Estimating and Identifying Empirical BVAR-DSGE Models for Small Open Economies
2 Feb 2015
RDP
PDF
759KB
the small economy’s business cycle. ... This empirical BVAR-DSGE model estimates a larger role forthe foreign shocks in the small economy’s business cycle than the DSGE model.Finally, the conclusions of this paper are presented
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-06.pdf
Cost-benefit Analysis of Leaning against the Wind
5 Jul 2019
RDP
PDF
1512KB
financial frictions on the business cycle. These variables can have substantial effects on future. ... Interest rates and credit growth vary. over a wide range over the typical business cycle.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-05.pdf
The Role of Credit Supply in the Australian Economy
28 Jan 2015
RDP
PDF
817KB
Moreover, credit supply may shift in a manner that amplifies the business cycle. ... If the survey variable was instead driven by cycles in the demand for credit the opposite pattern would be expected over the business cycle.
https://www.rba.gov.au/publications/rdp/2012/pdf/rdp2012-02.pdf