Search: macro economy
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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How Risky is Australian Household Debt?
25 Aug 2020
RDP
2020-05
We do this using an (unbalanced) panel of 22 advanced economies covering the period from 1980 to 2018. ... Figure 3: Household Debt and Ownership. Available advanced economies, debt as at 2018.
https://www.rba.gov.au/publications/rdp/2020/2020-05/full.html
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Macroprudential Limits on Mortgage Products: The Australian Experience
26 Jul 2021
RDP
2021-07
Figure 1: Mortgage Aggregates and Macro Controls. Quarter-end. Note: (a) Mortgage rates as used in regressions, after cleaning and alignment; unweighted average across banks. ... The macro controls are GDP growth, housing price growth and the set of
https://www.rba.gov.au/publications/rdp/2021/2021-07/full.html
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The Impact of Financial Intermediaries on Resource Allocation and Economic Growth
1 Feb 2006
RDP
PDF
699KB
The rate at which an economy grows is a positive fullction of the efficiency of this process. ... Romer shows that the equilibrium growth rate in thls economy (g) is given by:.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9213.pdf
The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment
31 Jan 2023
RDP
2023-01
The macro modelling literature is equally divided. Two recent prominent papers reach essentially opposite conclusions. ... That is the average finding, with the effect larger in emerging economies and smaller in advanced economies.
https://www.rba.gov.au/publications/rdp/2023/2023-01/full.html
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DSGE Reno: Adding a Housing Block to a Small Open Economy Model
1 Apr 2018
RDP
2018-04
Households in the world economy may invest in their own and Australian nominal bonds. ... The foreign economy is modelled as a standard closed economy sticky-price model.
https://www.rba.gov.au/publications/rdp/2018/2018-04/full.html
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Results with Tax Data on Actual Investment
19 Dec 2023
RDP
2023-09
Sources: ABS; Authors' calculations. The timing of the lags with which monetary policy affects investment is consistent with macro models of the Australian economy such as the RBA's MARTIN (Ballantyne ... The second aspect is whether monetary policy
https://www.rba.gov.au/publications/rdp/2023/2023-09/results-with-tax-data-on-actual-investment.html
The Role of Collateral in Borrowing
20 Jan 2021
RDP
2021-01
In addition, the global financial crisis was largely exogenous to the Australian economy and its interbank market. ... The real estate market did not crash, and the economic slowdown was modest compared to other advanced economies.
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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References
1 Dec 1991
RDP
9112
36, December 1988. Edey, M.L. and M. Britten-Jones (1990), “Saving and Investment”, in The Australian Macro-economy in the 1980s, Reserve Bank of Australia, 1990.
https://www.rba.gov.au/publications/rdp/1991/9112/references.html
Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes
1 Dec 2018
RDP
2018-12
1. Introduction. Relatively strong growth in the value of outstanding banknotes has been a consistent feature of the Australian economy for many decades. ... in the late 1990s to around 40 per cent now, or 35 per cent after subtracting cash used in
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html
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Introduction
1 Jul 1977
RDP
7703
RDP 7703: Price and Quantity Responses to Monetary Impulses in a Model of a Small Open Economy 1. ... The model used in the current analysis, which is discussed in Section 2, integrates the mechanisms stressed in open and closed economy analysis more
https://www.rba.gov.au/publications/rdp/1977/7703/introduction.html
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