Search: macro economy
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macroeconomy?
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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MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA’s Macroeconometric Model
12 Jan 2022
RDP
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1774KB
We have received feedback that the effect on the economy from our financial accelerator mechanism. ... economy. We assume that, when banks’ capital adequacy ratios fall below target (i.e.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-01.pdf
Did Labour Market Concentration Lower Wages Growth Pre-COVID?
28 Feb 2023
RDP
PDF
1812KB
3. labour shares in some advanced economies.2 Of particular interest to academics and policymakers is the role of concentration in labour markets (OECD 2020). ... Moreover, the latter aspect is also of relevance, particularly in thinking about the macro
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-02.pdf
The Consequences of Low Interest Rates for the Australian Banking Sector
19 Dec 2022
RDP
PDF
1588KB
temporary (i.e. business cycle) shocks have worked their way through the economy. ... a stylised macro model designed to determine the effectiveness of monetary policy at low interest.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-08.pdf
Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment
25 Nov 2021
RDP
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1696KB
economy (e.g. Roberts and Simon 2001; Barsky and Sims 2012; Blanchard, L'Huillier and. ... returns in the corporate finance literature. Based on this, macro policymakers should consider.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-11.pdf
Credit Losses at Australian Banks: 1980–2013
8 May 2015
RDP
PDF
1495KB
been the underlying driver of most systemic banking crises in advanced economies over recent decades. ... The macro-level conditions that are statistically and economically significant are business sector conditions.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-06.pdf
Macroprudential Limits on Mortgage Products: The Australian Experience
4 Aug 2021
RDP
PDF
2345KB
Bank fixed effects are. therefore not included. The macro controls are GDP growth, housing price growth and the set of. ... where b is a set of bank-level fixed effects. The bank and macro controls are the same as in.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-07.pdf
The Rise in Household Liquidity
24 Nov 2021
RDP
PDF
1793KB
made the economy more financially fragile (Bartscher et al 2020). Figure 1: Australian Household Balance Sheets. ... in Australia, as well as across other advanced economies. 3. Figure 2: Household Liquid Assets.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-10.pdf
Start Spreading the News: News Sentiment and Economic Activity in Australia
21 Dec 2020
RDP
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1524KB
fundamentals) from those of sentiment or ‘animal spirits’ (non-fundamentals) on the economy. ... Australian media outlets to cover the Australian economy, the resulting dataset includes around.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-08.pdf
Non-technical summary for 'Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment'
26 Nov 2021
RDP
PDF
414KB
RDP 2021-11 non-technical summary
https://www.rba.gov.au/publications/rdp/2021/2021-11/rdp-2021-11-non-technical-summary.pdf
The Role of Collateral in Borrowing
14 Jan 2021
RDP
PDF
1784KB
collateral. In addition, the global financial crisis was largely exogenous to the Australian economy. ... modest compared to other advanced economies. With these data, we answer the following questions.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-01.pdf