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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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Bibliography

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
Carmichael, J. (1990), “Inflation” in Grenville, S. (ed.) The Australian Macro-Economy in the 1980s, Reserve Bank of Australia, Sydney. ... ed.) The Australian Macro-Economy in the 1980s, Reserve Bank of Australia, Sydney.
https://www.rba.gov.au/publications/rdp/1990/9004/bibliography.html
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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
Changing aggregate demand in the economy is an important channel for monetary policy. ... As a contractionary monetary policy shock lowers aggregate demand in the economy, it also lowers the potential future profits of a firm.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
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Box C: Gross International Capital Movements

7 Aug 2009 SMP – August 2009 PDF 124KB
https://www.rba.gov.au/publications/smp/2009/aug/pdf/box-c.pdf

The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Stephen Grenville
What was the place of the Bank and monetary policy in the overall macro-policy scheme? ... Many macro-theorists are apparently loath to accept any dilution of their earlier image of the economy, partly because it raises questions about the adequacy of
https://www.rba.gov.au/publications/confs/1997/grenville.html

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
August 2019. 1.5. MB. 1. Introduction. This paper presents a model of the Australian economy. ... MARTIN captures many features of the Australian economy and monetary policy transmission mechanism.
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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Macrofinancial Stress Testing on Australian Banks

13 Sep 2023 RDP PDF 1940KB
selling assets) or doing. things that mean they are not effectively performing their role in supporting the economy (which. ... the economy that is triggered by an industry-specific shock. For each size–industry category, the.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf

The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data

8 Jun 2023 RDP PDF 1310KB
reserves. Panel D: Baseline macro controls. Real GDP growth Year-on-year growth in real GDP. ... impact on the state of the economy and funding conditions. Bank-level controls are lagged one.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf

Box C: Gross International Capital Movements

10 Aug 2009 SMP – August 2009
These regions are generally seen as attractive in times of global macro-financial stability but particularly risky in times of global instability. ... In previous episodes of global instability, reductions in flows to emerging markets have tended to be
https://www.rba.gov.au/publications/smp/2009/aug/box-c.html

Decomposing Supply and Demand Driven Inflation

23 Nov 2023 Conferences PDF 1508KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-shapiro.pdf

2023 Conference – Biographies of Presenters

30 Nov 2023 Conferences PDF 232KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-biographies.pdf