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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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Financial Stability Review - March 2024

26 Mar 2024 FSR - March 2024 PDF 2619KB
https://www.rba.gov.au/publications/fsr/2024/mar/pdf/financial-stability-review-2024-03.pdf

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

20 Aug 2019 RDP PDF 1571KB
References 40. 1. Introduction. This paper presents a model of the Australian economy. ... MARTIN is a macroeconometric model of the Australian economy. It describes relationships between.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf

The International Environment

6 May 2022 SMP – May 2022
In many economies, measures of underutilisation have decreased by more than unemployment rates. ... The Chinese economy could slow more sharply than forecast if outbreaks of COVID-19 are not contained quickly and long-running macro-financial
https://www.rba.gov.au/publications/smp/2022/may/the-international-environment.html

Read me file for Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia

17 Mar 2023 RDP PDF 144KB
RDP 2023-03 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-03/rdp-2023-03-read-me.pdf

Financial Stability Review - September 2011

22 Sep 2011 FSR - September 2011 PDF 76KB
https://www.rba.gov.au/publications/fsr/2011/sep/pdf/overview.pdf

MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA’s Macroeconometric Model

12 Jan 2022 RDP PDF 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

Related Literature

12 May 2023 RDP 2023-04
Jonathan Hambur and Qazi Haque
likely to combine true policy shocks with additional information about the state of the economy – an information shock. ... Overall, they find that Action shocks affect the economy like textbook monetary policy shocks.
https://www.rba.gov.au/publications/rdp/2023/2023-04/related-literature.html
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Box A: Mortgage Interest Payments in Advanced Economies – One Channel of Monetary Policy

9 Feb 2023 SMP - February 2023 PDF 311KB
https://www.rba.gov.au/publications/smp/2023/feb/pdf/box-a-mortgage-interest-payments-in-advanced-economies.pdf

References

1 Oct 1995 RDP 9507
Palle Andersen and David Gruen
Blandy, R. (1990), ‘Comments on Chapman’, in S. Grenville (ed.), The Australian Macro-Economy in the 1980s, Reserve Bank of Australia, Sydney, pp. ... 105. Fane, G. (1990), ‘Comments on Chapman’, in S. Grenville (ed.), The Australian
https://www.rba.gov.au/publications/rdp/1995/9507/references.html
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Resilience of Australian Households and Businesses

22 Mar 2024 FSR – March 2024
Resilience of Australian Households and Businesses | Financial Stability Review – March 2024
https://www.rba.gov.au/publications/fsr/2024/mar/resilience-of-australian-households-and-businesses.html