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RBA Glossary definition for G7

G7 – Group of Seven countries: Canada, France, Germany, Italy, Japan, UK and the USA. The G7 deals with issues of primary interest to developed economies.

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References

31 Dec 2012 RDP 2012-07
Peter Tulip and Stephanie Wallace
Journal of Money, Credit and Banking. , 41(6), pp 1217–1231. Vogel L (2007), ‘How do the OECD Growth Projections for the G7 Economies Perform?: A Post-Mortem’, OECD Economics Department
https://www.rba.gov.au/publications/rdp/2012/2012-07/references.html
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Literature Review

1 May 1997 RDP 9701
Joseph E. Gagnon
Evans and Lewis (1995), Ricketts and Rose (1995) and Simon (1996) estimate Markov-switching models for inflation in the G7 countries and Australia.
https://www.rba.gov.au/publications/rdp/1997/9701/literature-review.html

References

31 Dec 2005 RDP 2005-08
Christopher Kent, Kylie Smith and James Holloway
Oxford University Press, New York. Barrell R and S Gottschalk (2004), ‘The volatility of the output gap in the G7’,.
https://www.rba.gov.au/publications/rdp/2005/2005-08/references.html
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Introduction

31 Dec 2010 RDP 2010-07
Jarkko Jääskelä and David Jennings
for G7 countries and Mojon and Peersman 2001 and Peersman and Smets 2003 for the euro area).
https://www.rba.gov.au/publications/rdp/2010/2010-07/introduction.html

Some Implications

1 Dec 1996 RDP 9612
Gordon de Brouwer and John Romalis
The literature indicates that, for the G7 countries at least, cross-country sectoral output links are weak, at least in comparison to domestic influences.
https://www.rba.gov.au/publications/rdp/1996/9612/some-implications.html

References

31 Dec 2010 RDP 2010-03
David Norman and Anthony Richards
Leith C and J Malley (2007), ‘Estimating Open Economy New Keynesian Phillips Curves for the G7’, Open Economies Review, 18(4), pp 405–426.
https://www.rba.gov.au/publications/rdp/2010/2010-03/references.html

Introduction

1 Feb 1991 RDP 9101
David W.R. Gruen
The real exchange rate is the trade-weighted index published by the Reserve Bank of Australia, deflated using the ratio of Australian ‘Medicare adjusted’ CPI to OECD G7 CPI.
https://www.rba.gov.au/publications/rdp/1991/9101/introduction.html

Overview of the Decade

31 Dec 2011 RDP 2011-07
Jonathan Kearns and Philip Lowe
Second, in a signal of the changing economic landscape, Australia's major trading partner growth remained positive thanks to strong growth in Asia and despite output in the G7 declining in
https://www.rba.gov.au/publications/rdp/2011/2011-07/overview-decade.html

Cross-country Comparisons of Income and Consumption Inequality

31 Dec 2015 RDP 2015-15
Rosetta Dollman, Greg Kaplan, Gianni La Cava and Tahlee Stone
Compared with the average of the G7 countries, Australia appears to have experienced a similar increase in disposable income inequality between the mid 1990s and late 2000s. ... Comparing the level of inequality in the 2000s to that in the 1990s, it
https://www.rba.gov.au/publications/rdp/2015/2015-15/cross-country-comparisons-of-income-and-consumption.html

The Implications of Different Exchange Rate Indices

31 Dec 2001 RDP 2001-04
Luci Ellis
0.0078. (3.151). 1.1709. (5.972). 0.5044. G7 GDP-weighted. 0.5237. (1.613). 0.2448. (3.409). ... 1.479). 0.0004. (0.592). 0.6550. G7 GDP-weighted. 1.6080. (2.809). 0.5126. (4.860). 0.6950.
https://www.rba.gov.au/publications/rdp/2001/2001-04/implications-of-different-exchange-rate-indices.html
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