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RBA Glossary definition for IT

IT – Information Technology

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Why did it Happen?

1 May 1998 RDP 9805
Morris Goldstein and John Hawkins
https://www.rba.gov.au/publications/rdp/1998/1998-05/why-did-it-happen.html
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Economic Conditions

6 Feb 2024 SMP – February 2024
Economic Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/economic-conditions.html

What is MARTIN and What is it Used for?

23 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
It describes relationships between key macroeconomic variables and is used to generate economic forecasts and conduct counterfactual scenario analysis. ... Because it is a reduced form model, the use of MARTIN to examine alternative policy choices is
https://www.rba.gov.au/publications/rdp/2019/2019-07/what-is-martin-and-what-is-it-used-for.html
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In Brief: Statement on Monetary Policy – May 2024

7 May 2024 SMP
The Board expects it will be some time before inflation is sustainably low and stable.
https://www.rba.gov.au/publications/smp/2024/may/

Box A: Insights from Liaison

7 May 2024 SMP – May 2024
Box A: Insights from Liaison | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/box-a-insights-from-liaison.html

Box A: Insights from Liaison

6 Feb 2024 SMP – February 2024
Box A: Insights from Liaison | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/box-a-insights-from-liaison.html

Is it Possible to Pick Good Forecasters?

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
Unfortunately, it is extremely difficult, if not impossible, to apply. The main difficulties are:. ... It is much more convenient to stick with error-minimisation as the criterion.
https://www.rba.gov.au/publications/rdp/1983/8302/is-it-possible-to-pick-good-forecasters.html
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In Brief: Statement on Monetary Policy – February 2024

6 Feb 2024 SMP
It is important to bring inflation down because high inflation hurts all Australians. ... While there are encouraging signs, the economic outlook is uncertain and the Board expects it will be some time before inflation is sustainably low and stable.
https://www.rba.gov.au/publications/smp/2024/feb/

Non-technical summary for RDP 2021-11: Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

30 Nov 2021 RDP 2021-11
Gianni La Cava
RDP 2021-11: Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment Non-technical summary. Gianni La Cava. November 2021. Download the Non-technical summary 415. KB. Economists have long been interested in the effect of animal
https://www.rba.gov.au/publications/rdp/2021/2021-11/non-technical-summary.html
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Non-technical summary for ‘Job Loss, Subjective Expectations and Household Spending’

18 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
It is well established that job loss is associated with reductions in earning and spending. ... Most workers persistently overestimate their job loss risk, but some persistently underestimate it.
https://www.rba.gov.au/publications/rdp/2021/2021-08/non-technical-summary.html
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