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RBA Glossary definition for year-average growth

year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.

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Contractions in Chinese Fertility and Savings: Long-run Domestic and Global Implications | Conference – 2016

18 Mar 2016 Conferences
Jane Golley, Rod Tyers and Yixiao Zhou
The factor productivity growth rates assumed here are based on an early survey. ... This confirms that the average Chinese derives economic benefits from lower fertility, in contrast to the projected GDP growth reduction that it brings.
https://www.rba.gov.au/publications/confs/2016/golley-tyers-zhou.html

Discussion | Conference – 2018

12 Apr 2018 Conferences
In such circumstances, monetary policy settings would be aimed at generating above-trend growth, in order to return inflation to target. ... In contrast, macroprudential settings would be trying to restrain or slow credit growth.
https://www.rba.gov.au/publications/confs/2018/broadbent-disc.html

Discussion on Productivity: The Lost Decade | Conference – 2011

16 Aug 2011 Conferences
b) Due to measurement issues, unit labour costs growth does not precisely equal the difference between average earnings and productivity growth. ... Faster average growth in nominal unit labour costs since 2005 (relative to 1993–2004) has been driven by
https://www.rba.gov.au/publications/confs/2011/eslake-disc.html

Discussion | Conference – 2017

16 Mar 2017 Conferences
The expected costs of excessive financial growth are high. There's no better tool for lowering excessive financial growth available. ... Prima facie evidence that the costs of excessive financial growth are high is very easy to find.
https://www.rba.gov.au/publications/confs/2017/dell-ariccia-habermeier-haksar-mancini-griffoli-disc.html

The Growth Experience of Japan – What Lessons to Draw? | Conference – 1995

10 Jul 1995 Conferences
Kengo Inoue
Then, the economy showed a real growth rate of around 5 per cent on average for about 20 years. ... The period since 1961 is broken down into seven successive five-year periods (except the last one, 1991–93), and the average rates of growth of real
https://www.rba.gov.au/publications/confs/1995/inoue.html

Robust Design Principles for Monetary Policy Committees | Conference – 2018

12 Apr 2018 Conferences
David Archer and Andrew T Levin
over the next year and a little more rapid pickup in 2010 (FOMC 2008c, p 20). ... Principle #10: The MPC should formulate a systematic and transparent strategy that guides its specific policy decisions over the coming year or so.
https://www.rba.gov.au/publications/confs/2018/archer-levin.html

RBA Annual Conferences

8 May 2024 Conferences
The Bank's Economic Group holds an annual Conference, the proceedings of which are published. The Conference Volume, containing revised papers and discussions, is released in hard copy and on the website within three months of the conference
https://www.rba.gov.au/publications/confs/

Twenty-five Years of Inflation Targeting in Australia | Conference – 2018

12 Apr 2018 Conferences
Guy Debelle
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. ... In the year following the onset of the crisis, Australia's exports to the region
https://www.rba.gov.au/publications/confs/2018/debelle.html

The Changing Role of the Private Sector in China | Conference – 2016

18 Mar 2016 Conferences
Nicholas Lardy
The third key factor underlying the growth of the private sector is the increasing commercial nature of bank lending. ... The average annual growth of value added for private firms in 2012–15 was 11.5 per cent; for state firms 4.9 per cent.
https://www.rba.gov.au/publications/confs/2016/lardy.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
Warwick J McKibbin and Augustus J Panton
Under a nominal income target, suppose the target of the RBA is 6 per cent per year calculated assuming 3 per cent potential growth and 3 per cent inflation. ... This alternative is the specification used in the G-Cubed model because average trend output
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html