Search: macro economy
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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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The Future System for Monetary Policy Implementation
2 Apr 2024
Speech
PDF
657KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-ag-2024-04-02.pdf
Emerging Threats to Financial Stability – New Challenges for the Next Decade
31 Oct 2023
Speech
PDF
1157KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-10-31.pdf
The Why, How and What of Forecasting
5 May 2023
Speech
PDF
745KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-03.pdf
The Neutral Rate: The Pole-star Casts Faint Light
17 Oct 2022
Speech
PDF
637KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-10-12.pdf
The Housing Market and Financial Stability
23 Sep 2021
Speech
PDF
322KB
Its focus was on the ability of the financial system to absorb the shock and supportthe economy. ... ConclusionThe unprecedented monetary and fiscal support to the Australian economy through the pandemichas helped ‘build a bridge’ to the other side.
https://www.rba.gov.au/speeches/2021/pdf/sp-ag-2021-09-22.pdf
Exchange Rates and Inflationary Pressures
23 Oct 2022
Speech
PDF
778KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-ag-2022-10-24.pdf
Watching the Invisibles
13 Jun 2019
Speech
PDF
380KB
Taking this micro-levelbehavioural response up to the macro, economy-wide level, economists have often represented thisdynamic as a relationship between inflation and unemployment (Graph 1). ... It is notbaked in. It can change. In a number of advanced
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-06-12-2.pdf
Supporting Growth in the Short Run and the Long
11 Oct 2018
Speech
PDF
171KB
In Australia, the role played by macro policy is informed by longstanding frameworks that govern itsconduct. ... It is the job of macro policy to support growth byencouraging sufficient demand to employ our nation's productive resources.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-10-11.pdf
Lessons and Questions from the GFC
6 Dec 2018
Speech
PDF
302KB
Building finance into macro models is one approach but by no means theonly one. ... Finally, the floating exchange rate matters and remains an important shock absorber for theAustralian economy.
https://www.rba.gov.au/speeches/2018/pdf/sp-dg-2018-12-06.pdf
On Lags
21 Aug 2018
Speech
PDF
227KB
Theworld economy is continuing to expand at a good rate and that is also helping. ... So it takes time tolearn about changes in the economy – the macro learning lags.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-08-17.pdf