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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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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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The Money Market And Institutional Markets

1 Sep 1995 RDP 9506
Gordon de Brouwer
More recently, when Marston (1993) tested parity relationships for the G7 countries, he first used prime rates and then used euro rates to demonstrate the effect of capital controls.
https://www.rba.gov.au/publications/rdp/1995/9506/money-market-and-institutional-markets.html

Global Demand, Supply and Commodity Prices

31 Dec 2011 RDP 2011-08
Ellis Connolly and David Orsmond
production in the G7 economies and the former Soviet Union falling significantly (Figure 4).
https://www.rba.gov.au/publications/rdp/2011/2011-08/global-demand-supply-and-com-prices.html

Issues in Formulating an Inflation Objective

1 Mar 1995 RDP 9503
Guy Debelle and Glenn Stevens
See Lebow, Roberts and Stockton (1992), who provide a useful review of this history for the G7 economies. ... The weighted average RMSE of the individual OECD forecasts for the G7 countries over the period 1974–1992 was 1.5 per cent.
https://www.rba.gov.au/publications/rdp/1995/9503/issues-in-formulating-an-inflation-objective.html

The Distribution of City Sizes

31 Dec 2001 RDP 2001-08
Luci Ellis and Dan Andrews
Figure 2: Rank-size Relationship – G7 Countries. Figure 3: Rank-size Relationship – Other Developed Countries.
https://www.rba.gov.au/publications/rdp/2001/2001-08/distribution-of-city-sizes.html

Developments to Date

1 Dec 1993 RDP 9315
Warren Tease and Jenny Wilkinson
Growth in net non-interest income has occurred in all but one of the G7 countries over the 1980s as banks, in the face of increased competition for their traditional business,
https://www.rba.gov.au/publications/rdp/1993/9315/developments-to-date.html

Growth Theories and Empirical Evidence

1 Oct 1995 RDP 9507
Palle Andersen and David Gruen
It has also recently been supported by an analysis of the trade-off between inflation and the output-gap for the G7 countries. ... The difference rises with the variance of output growth, and has averaged about half a per cent for the G7 countries.
https://www.rba.gov.au/publications/rdp/1995/9507/growth-theories-and-empirical-evidence.html

Methods of Estimating the Output Gap

1 Aug 1998 RDP 9809
Gordon de Brouwer
Gerlach and Smets (1997) have used this approach to estimate output gaps for the G7 economies.
https://www.rba.gov.au/publications/rdp/1998/1998-09/methods-of-estimating-the-output-gap.html