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RBA Glossary definition for G7

G7 – Group of Seven countries: Canada, France, Germany, Italy, Japan, UK and the USA. The G7 deals with issues of primary interest to developed economies.

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References

31 Dec 2004 RDP 2004-09
David Norman and Thomas Walker
Artis M, Z Kontolemis and D Osborn (1997), ‘Business cycles for G7 and European countries’, Journal of Business, 70(2), pp 249–279. ... Results from a VAR analysis of G7 GDP components’, Bank of England Working Paper No 190.
https://www.rba.gov.au/publications/rdp/2004/2004-09/references.html

Robustness

31 Dec 2003 RDP 2003-10
Tim Bulman and John Simon
First we assess the relationship's robustness across different periods. The Australian inflation-productivity growth experience is unlike those of the G7 countries studied elsewhere as productivity growth does not slow
https://www.rba.gov.au/publications/rdp/2003/2003-10/robustness.html
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Towards an Understanding of Australia’s Co-movement with Foreign Business Cycles

1 Dec 2009 RDP PDF 148KB
TOWARDS AN UNDERSTANDING OF AUSTRALIA’SCO-MOVEMENT WITH FOREIGN BUSINESS CYCLES. Nicolas de Roos and Bill Russell. Research Discussion Paper. 9607. November 1996. Economic Research Department. Reserve Bank of Australia. We would like to especially
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9607.pdf

A Small Model of the Australian Macroeconomy: An Update

22 Dec 2005 RDP PDF 627KB
latter for the relative ease with which timelyexport price data are available for G7 countries. ... a time trend to capture the gradualshift in Australia’s imports towards lower-priced goods from non-G7 countries(particularly in Asia)’ (p 18).
https://www.rba.gov.au/publications/rdp/2005/pdf/rdp2005-11.pdf

An Empirical BVAR-DSGE Model of the Australian Economy

2 Feb 2015 RDP PDF 657KB
9. • a G7 PPP-weighted interest rate. • detrended level of the terms of trade. ... a G7 interest rate. • detrended terms of trade. • exports growth. •
https://www.rba.gov.au/publications/rdp/2013/pdf/rdp2013-07.pdf

Regression Analysis

31 Dec 2014 RDP 2014-07
Gerard Kelly and Gianni La Cava
By international standards, Australia has a relatively high level of trade costs, particularly in relation to the G7 economies. ... Since the mid 1990s, the average level of trade costs is estimated to have fallen by almost 5 per cent for Australia and
https://www.rba.gov.au/publications/rdp/2014/2014-07/reg-ana.html
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Introduction

1 Dec 1989 RDP 8909
Jerome Fahrer
The countries examined are the G7 countries.
https://www.rba.gov.au/publications/rdp/1989/8909/introduction.html

The Source of the Volatility

31 Dec 2001 RDP 2001-01
John Simon
Panel data regressions run by Blanchard and Simon (2001) on the G7 minus Japan reveal that output volatility is well characterised by a steady downward trend that is interrupted in the ... That is, a regression with a time trend and inflation volatility
https://www.rba.gov.au/publications/rdp/2001/2001-01/source-of-the-volatility.html

References

1 Dec 1990 RDP 9010
Lindsay F. Boulton, Mardi H. Dungey and Melissa B. Parkin
20, pp 591–611. Barrell, R. and S. Wren-Lewis (1989), “Fundamental Equilibrium Exchange Rates for the G7”, Centre for Economic Policy Research Discussion Paper No.
https://www.rba.gov.au/publications/rdp/1990/9010/references.html

The Decline in Australian Output Volatality

1 Dec 2009 RDP PDF 151KB
11 See Blanchard and Simon (2001) for a discussion of the G7.12 The line for Australia is based on GDP rather than the series used in this paper to ease ... That is, aregression with a time trend and inflation volatility provides a good fit for
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-01.pdf