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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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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
Log. Real. ABS. xs. Services exports. Log. Real. ABS. wy. Major trading partner GDP. ... Together, these variables determine the potential growth rates of GDP, employment and real wages.
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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DSGE Reno: Adding a Housing Block to a Small Open Economy Model

6 Apr 2018 RDP 2018-04
Christopher G Gibbs, Jonathan Hambur and Gabriela Nodari
Second, the pick-up in housing investment has significantly supported the economy over the past five years, adding a percentage point to GDP growth and a percentage point to inflation, in
https://www.rba.gov.au/publications/rdp/2018/2018-04.html
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Credit Spreads, Monetary Policy and the Price Puzzle

1 Jan 2020 RDP 2020-01
Benjamin Beckers
where. e. t. h. |. t. is the forecast error of annualised underlying inflation, the unemployment rate, or annualised real GDP growth. ... Table 6: Credit Market Conditions and GDP Forecast Errors. 1994:Q1–2018:Q4. Predictor.
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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Extensions

10 Jul 2019 RDP 2019-05
Trent Saunders and Peter Tulip
the level of the detrended credit-to-GDP ratio, or credit gap, and the product of the credit gap and real credit growth, both lagged two years. ... larger in magnitude than –0.6, which would occur if the credit-to-GDP ratio was 6 percentage points
https://www.rba.gov.au/publications/rdp/2019/2019-05/extensions.html
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The Global and Macro-financial Environment

6 Oct 2023 FSR – October 2023
The Global and Macro-financial Environment | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/global-financial-environment.html

FSR March 2007 List of tables

10 Mar 2007 FSR – March 2007
26.2. 27. Assets to GDP. –. 168.8. Non-financial. corporations. 28. ... 33. Household debt to GDP. –. 102.8. 34. Household debt service and principal payments to income.
https://www.rba.gov.au/publications/fsr/2007/mar/tables.html

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

20 Aug 2019 RDP PDF 1571KB
In conjunction. with Assumption 1, this means that expenditure components of GDP, like consumption or. ... these variables determine the potential growth rates of GDP, employment and real wages.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf

The GFC Investment Tax Break

25 Jun 2018 RDP 2018-07
David Rodgers and Jonathan Hambur
General equilibrium estimates suggest that both GDP growth and the cash rate would have been significantly lower in 2009 without the tax break.
https://www.rba.gov.au/publications/rdp/2018/2018-07.html
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Robustness Exercises

3 Jan 2023 RDP 2022-09
Matthew Read
I therefore consider replacing GDP. t. in the VAR with the unemployment rate, UR. ... Figure 11: Impulse Responses – Unemployment. Notes: Estimates obtained under a version of Restriction (6) modified to account for the unemployment rate replacing real
https://www.rba.gov.au/publications/rdp/2022/2022-09/robustness-exercises.html
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Box A: Ongoing Financial Regulatory Reform in China

10 Feb 2020 FSR October 2018 PDF 647KB
https://www.rba.gov.au/publications/fsr/2018/oct/pdf/box-a.pdf