Search: GDP
RBA Glossary definition for GDP
GDP – Gross Domestic Product. A key measure of the value of economic production in the economy. GDP is determined in one of three ways: the value of goods and services produced less the cost of production; the sum of incomes generated by production; the sum of final expenditure on goods and services produced plus exports minus imports. An average of the three approaches may be calculated and is also referred to as GDP.
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A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
Figure 13 directly examines the implied IRFs for real GDP growth and CPI inflation. ... t. ). Yes. Non-farm GDP. Expenditure. Δlog(x. t. ). Yes. GDP per capita.
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html
Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018
12 Apr 2018
Conferences
Sustainable growth of nominal GDP is more important than low inflation in a highly leveraged world. ... December one-year-ahead forecast for nominal GDP performance is better than the inflation forecast performance.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html
Discussion | Conference – 2018
12 Apr 2018
Conferences
Macroprudential policies could therefore potentially thwart the objective of monetary policy, if slower credit growth became a headwind to gross domestic product (GDP) growth. ... of below-trend GDP growth for longer, they might also delay the return to
https://www.rba.gov.au/publications/confs/2018/broadbent-disc.html
Discussion | Conference – 2018
12 Apr 2018
Conferences
The second approach is to make changes to the target when potential GDP changes. ... This would also address a concern raised about the timeliness of GDP data.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton-disc.html
Discussion | Conference – 2018
12 Apr 2018
Conferences
Both the level and volatility of inflation have been decreasing, and GDP growth shows tamer oscillations. ... GDP growth also displays a spike in 1997, as observed in Figure 1.
https://www.rba.gov.au/publications/confs/2018/hartigan-morley-disc.html
Twenty-five Years of Inflation Targeting in Australia | Conference – 2018
12 Apr 2018
Conferences
Table 1: Selected Australian Indicators. Per cent. Real GDP growth. Unemployment rate. ... for the GDP and price series, and from the quarter-average unemployment rate; geometric averages are presented for annual average GDP growth and inflation rates.
https://www.rba.gov.au/publications/confs/2018/debelle.html
Discussion | Conference – 2018
12 Apr 2018
Conferences
Projections of long-run gross domestic product (GDP) growth and employment were supposed to indicate the views of FOMC members on potential GDP growth and the non-accelerating inflation rate of
https://www.rba.gov.au/publications/confs/2018/archer-levin-disc.html
Robust Design Principles for Monetary Policy Committees | Conference – 2018
12 Apr 2018
Conferences
In particular, the central bank extended large amounts of short-term funding to the deposit insurance agency (equivalent to about 4 per cent of Venezuelan gross domestic product (GDP)). ... certainly the story behind our forecast is very similar to the
https://www.rba.gov.au/publications/confs/2018/archer-levin.html
The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018
12 Apr 2018
Conferences
While an unexpected downgrade in GDP forecasts, for example, will increase expected losses given default.
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html
Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada | Conference – 2018
12 Apr 2018
Conferences
In Canada, this search touched on a wide range of potential replacement targets, including broader money aggregates and antecedents to what is now known as nominal gross domestic product (GDP) and
https://www.rba.gov.au/publications/confs/2018/carter-mendes-schembri.html