Search: GFC

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RBA Glossary definition for GFC

GFC – Global Financial Crisis

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Job Loss, Subjective Expectations and Household Spending

18 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
Expectations of job loss for the average worker rose by more than the model-based probability estimates during both the economic downturn in 2001 and the global financial crisis (GFC). ... And, since around 2013, the difference between the expected and
https://www.rba.gov.au/publications/rdp/2021/2021-08/full.html

Can Workers Predict Actual Labour Market Outcomes?

1 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
Expectations of job loss for the average worker rose by more than the model-based probability estimates during both the economic downturn in 2001 and the global financial crisis (GFC). ... And, since around 2013, the difference between the expected and
https://www.rba.gov.au/publications/rdp/2021/2021-08/can-workers-predict-actual-labour-market-outcomes.html