Search: year-average growth
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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Discussion | Conference – 2018
12 Apr 2018
Conferences
What about the favoured alternative in the paper by Warwick McKibbin and Augustus Panton – targeting nominal income growth instead of inflation? ... A participant relayed their experience that forecasting the level and growth of nominal GDP was much
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton-disc.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
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
Exploring the Link between the Macroeconomic and Financial Cycles | Conference – 2017
16 Mar 2017
Conferences
However, Germany appears to be somewhat of an outlier, with negative average house price inflation and weaker credit growth over the past couple of decades. ... and GDP growth, as well as the degree of synchronisation between these cycles.
https://www.rba.gov.au/publications/confs/2017/cagliarini-price.html
Discussion on Macroeconomic Policies and Growth | Conference – 1995
10 Jul 1995
Conferences
The resulting GDP growth rate is consistent with a stable real exchange rate. ... In the longer term, an underlying productivity growth rate of say, one or one and half per cent, average nominal wage increases of 4.5–5.5 per cent and the
https://www.rba.gov.au/publications/confs/1995/gregory-disc.html
Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis | Conference – 2011
16 Aug 2011
Conferences
The results suggest that growth spillovers across the North Atlantic are highly asymmetric. ... Disruptions to bank wholesale funding markets are another powerful source of growth spillovers.
https://www.rba.gov.au/publications/confs/2011/bayoumi-bui.html
New Financial Stability Governance and Central Banks | Conference – 2017
16 Mar 2017
Conferences
the CB and banking supervisory agencies have lower average costs than those countries with separate arrangements. ... Lim et al (2013) examine if the institutional arrangements can explain response times for the use of tools to moderate credit growth.
https://www.rba.gov.au/publications/confs/2017/edge-liang.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
Discussion on Growth in East Asia: What We Can and What We Cannot Infer From It | Conference – 1995
10 Jul 1995
Conferences
Consider first the issue of total-factor productivity (TFP) measurement. In most empirical studies, TFP is measured either as a residual of output growth net of a weighted average of the ... whether Asian growth was intensive or extensive; and. the
https://www.rba.gov.au/publications/confs/1995/wong-disc.html
Financial Stability in a Low Interest Rate Environment: An Australian Case Study | Conference – 2017
16 Mar 2017
Conferences
Secondly, periods of slow growth and excess real-economy capacity are periods when some additional economic risks should be taken. ... After an initial period of transition, the ultimate outcomes were achieved about a year later and were broadly
https://www.rba.gov.au/publications/confs/2017/ellis-littrell.html
Discussion on Labour-Productivity Growth and Relative Wages: 1978–1994 | Conference – 1995
31 Dec 1978
Conferences
This reflects the growth of service sector jobs, in some cases part-time employment. ... Mayes, D.G. (ed.)(1995), Sources of Productivity Growth, Cambridge University Press, Cambridge (forthcoming).
https://www.rba.gov.au/publications/confs/1995/mayes-disc.html