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RBA Glossary definition for GFC
GFC – Global Financial Crisis
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Appendix D: Robustness Checks
23 Nov 2020
RDP
2020-07
cannot not do a similar placebo test for the last major downturn – namely, the GFC in 2008–09.
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-d.html
Previous Literature
23 Nov 2020
RDP
2020-07
Boeri and Bruecker (2011), using an instrumental variables approach, find that STW schemes reduced employment losses during the GFC. ... Balleer et al (2016) argue that Germany's STW scheme contributed to the country's surprisingly muted rise in
https://www.rba.gov.au/publications/rdp/2020/2020-07/previous-literature.html
How Many Jobs Did JobKeeper Keep?
23 Nov 2020
RDP
2020-07
Boeri and Bruecker (2011), using an instrumental variables approach, find that STW schemes reduced employment losses during the GFC. ... Balleer et al (2016) argue that Germany's STW scheme contributed to the country's surprisingly muted rise in
https://www.rba.gov.au/publications/rdp/2020/2020-07/full.html
Appendix E: Alternative Identification Strategy
23 Nov 2020
RDP
2020-07
Sources: ABS; Authors' calculations. During the GFC, the rate of unemployment experienced by recent arrivals from New Zealand and the unemployment rate experienced by recent arrivals from other countries increased by
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-e.html