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RBA Glossary definition for aggregate demand

aggregate demand – Gross domestic product as measured by the sum of final expenditure on goods and services produced.

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

20 Aug 2019 RDP PDF 1571KB
account for feedback between economic variables. For example, an increase in aggregate demand. ... aggregate demand. Accounting for feedback mechanisms is particularly important for understanding.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf

Background

1 Dec 1994 RDP 9411
Richard De Abreu Lourenco and Philip Lowe
On the other hand, “customer markets” models suggest that markups should increase as demand rises. ... In such cases, aggregate demand for factors of production (including labour, capital and raw materials) is relatively high.
https://www.rba.gov.au/publications/rdp/1994/9411/background.html
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Table 3 in Cointegration

11 Jul 2019 RDP 9314
RDP 9314: The Demand for Money in Australia: New Tests on an old Topic 4. ... Cointegration. Table 3: Summary of Cointegration Results. Regressors Money Aggregates. GDP.
https://www.rba.gov.au/publications/rdp/1993/9314/table-3.html

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

8 Jun 2023 RDP PDF 1310KB
aggregate demand.1 All else equal, lower interest rates are likely to directly impact bank profitability. ... demand. On the supply side, banks might also increase their profitability by increasing their business.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf

Appendix C: Estimating the Unbiased Aggregate Effect of the Liquidity Shock

31 Dec 2013 RDP 2013-05
Gianni La Cava
The approach separates the impact of supply from demand, while taking into account general equilibrium adjustments by borrowers. ... Now the OLS estimate of the aggregate (general equilibrium) effect of the liquidity shock at the tract level is given by:.
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-c.html
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New Classical Models and unobserved aggregates

19 Nov 2012 RDP PDF 912KB
t-1. The demand for aggregate output is assumed to be proportional to the. ... H - p & t t t. 4. d where yt is the log of the (proportionate) deviation of current aggregate demand from its natural rate, M is the log of the true,
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8601.pdf

References

1 Jul 1992 RDP 9208
Adrian Blundell-Wignall and Marianne Gizycki
RDP 9208: Credit Supply and Demand and the Australian Economy References. ... Blinder (1988), “Credit, Money and Aggregate Demand”, American Economic Association Papers and Proceedings, 435–439.
https://www.rba.gov.au/publications/rdp/1992/9208/references.html
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Identification and Inference under Narrative Restrictions

20 Oct 2023 RDP PDF 1128KB
References 31. 1. Introduction. Understanding the dynamic causal effects of structural shocks is one of the central problems inmacroeconometrics, and there is increasing empirical demand for methods that require minimalidentifying assumptions.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-07.pdf

The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets

1 Feb 2020 RDP 2020-02
Calvin He and Gianni La Cava
they expect local housing price growth to vary across regions in response to aggregate demand shocks, including monetary policy. ... Suppose that each market has a different sensitivity to changes in aggregate output growth. (.
https://www.rba.gov.au/publications/rdp/2020/2020-02/full.html
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The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data

21 Jun 2023 RDP 2023-05
Callan Windsor, Terhi Jokipii and Matthieu Bussiere
demand. All else equal, lower interest rates are likely to directly impact bank profitability by eroding banks' net interest margins (NIMs). ... For example, improvement to the economic outlook could give rise to higher rates and profitability by
https://www.rba.gov.au/publications/rdp/2023/2023-05/full.html
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