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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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Introduction

1 Jul 1977 RDP 7703
P.D. Jonson and M.W. Butlin
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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Monetary Transmission in a Deregulated Financial System

19 Nov 2012 RDP PDF 825KB
differential rate of return on bank deposits and other assets in the economy. ... Prepared for the Conference on the Australian Macro-Economy and the. NIF88 Model, March.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8811.pdf

The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment

25 Jan 2023 RDP PDF 1588KB
The macro modelling literature is equally divided. Two recent prominent papers reach essentiallyopposite conclusions. ... That is the average finding, with the effect larger in emerging economiesand smaller in advanced economies.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-01.pdf

Conclusion

31 Dec 2013 RDP 2013-10
Patricia Gómez-González and Daniel Rees
RDP 2013-10: Stochastic Terms of Trade Volatility in Small Open Economies 8. ... of trade, a plausibly exogenous relative price for small open commodity-exporting economies.
https://www.rba.gov.au/publications/rdp/2013/2013-10/conclusion.html
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Forthcoming in Economic Record December 1983 ECONOMIC FORECASTS AND ...

23 Feb 2017 RDP PDF 762KB
2. respectively the best-known forecaster of the international. economy and of the U.S. ... Kmenta anu J. Ramsey, (eds) Large Scale Macro-Econometric Models, North-Holland. 1981.
https://www.rba.gov.au/publications/rdp/1983/pdf/rdp8302.pdf

Job-search Methods, Neighbourhood Effects and the Youth Labour Market

1 Dec 2009 RDP PDF 115KB
The model presented here takes the demandside of the economy as given and does not develop any general equilibrium results.This is a relatively straightforward exercise, requiring some further modificationsto the
https://www.rba.gov.au/publications/rdp/1999/pdf/rdp1999-07.pdf

How Risky is Australian Household Debt?

19 Aug 2020 RDP PDF 1880KB
across advanced economies in the late 1980s to the top quartile by 2018. ... Figure 3: Household Debt and Ownership. Available advanced economies, debt as at 2018.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf

The Determinants of Corporate Leverage: A Panel Data Analysis

1 Dec 1993 RDP 9313
Geoffrey Shuetrim, Philip Lowe and Steve Morling
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1993/9313.html
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Non-technical summary for 'Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment'

26 Nov 2021 RDP PDF 414KB
RDP 2021-11 non-technical summary
https://www.rba.gov.au/publications/rdp/2021/2021-11/rdp-2021-11-non-technical-summary.pdf

Explaining Monetary Spillovers: The Matrix Reloaded

8 Apr 2019 RDP PDF 1861KB
economy’s interest rates to monetary policy shocks in major advanced economies. ... premium components) in a large economy can drive those in other economies.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-03.pdf