Search: aggregate supply
RBA Glossary definition for aggregate supply
aggregate supply – Gross domestic product as measured by the value of goods and services produced.
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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
1 Aug 2019
RDP
2019-07
Because aggregate supply ultimately determines the growth rates of income and expenditure, the supply-side trends enter many of the equations in MARTIN. ... In contrast, we model imports at the aggregate level. The non-resource exports equations share a
https://www.rba.gov.au/publications/rdp/2019/2019-07/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
This paper presents new insights on the direct impact of lower rates on bank profitability, after controlling for other factors that operate indirectly through monetary policy's independent impact on aggregate ... On the supply side, banks might also
https://www.rba.gov.au/publications/rdp/2023/2023-05/full.html
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New Classical Models and unobserved aggregates
19 Nov 2012
RDP
PDF
912KB
In. particular, I assume that the supply of aggregate output is determined by a. ... aggregate supply from its natural rate, p is the log of the nominal price t.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8601.pdf
The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016
18 Mar 2016
Conferences
These two developments have raised the probability of hardware and power supply failures. ... A second possible cause of a power supply failure is antagonistic foreign relations.
https://www.rba.gov.au/publications/confs/2016/woo.html
Introduction
31 Dec 2010
RDP
2010-05
by three equations: one for aggregate demand, one for aggregate supply and a monetary policy rule for the short-term nominal interest rate. ... The empirical evidence is mixed. Rudebusch and Svensson (1999, 2002) find little role for monetary aggregates
https://www.rba.gov.au/publications/rdp/2010/2010-05/introduction.html
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MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model
18 Jan 2022
RDP
2022-01
credit supply, resulting in a much larger financial accelerator mechanism than with our baseline assumption. ... λ. z. t. ). 3.8.3 Credit supply reduction affects new loans only.
https://www.rba.gov.au/publications/rdp/2022/2022-01/full.html
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Other Mortgage Market Outcomes
1 Jul 2021
RDP
2021-07
APRA (2019b) also concludes that, for the investor policy, the aggregate trend in housing credit growth remained broadly unchanged. ... and Norman (2020) that, in aggregate, housing prices do not have a positive effect on household debt.
https://www.rba.gov.au/publications/rdp/2021/2021-07/other-mortgage-market-outcomes.html
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Monetary Policy Transmission
9 Dec 2019
RDP
2019-11
Figure 14: Impact of Money Supply Shock. One standard deviation shock, cumulative impulse responses. ... Conducted largely through the State Council, the formulation of aggregate supply and demand management policies is more tightly coordinated compared
https://www.rba.gov.au/publications/rdp/2019/2019-11/monetary-policy-transmission.html
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Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
22 Dec 2023
RDP
2023-09
Measures constructed from Demmou, Stefanescu and Arquie (2019). aggregate_data.xlsx – data used for producing aggregate local projection results (Figures 2 and B3). ... Code to construct aggregate local projections results: aggregate_lp.do. Code to
https://www.rba.gov.au/publications/rdp/2023/2023-09/read-me.html
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. ... potential growth rate is 2.75 per cent. Because aggregate supply ultimately determines the growth rates of income and expenditure, the.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf