Search: GFC
RBA Glossary definition for GFC
GFC – Global Financial Crisis
Search Results
Financial Conditions and Downside Risk to Economic Activity in Australia
23 Mar 2021
RDP
2021-03
Following the GFC, FCIs emerged as a potentially useful metric of financial conditions, based on the work of Hatzius et al (2010). ... The FCI indicates financial conditions became more expansionary from around 2006–07 before tightening significantly
https://www.rba.gov.au/publications/rdp/2021/2021-03/full.html
Introduction
1 Mar 2021
RDP
2021-03
booms. The global financial crisis (GFC) showed that financial stress at a single financial institution can, under certain conditions, spread quickly through the network of interbank exposures (Haldane 2009). ... Following the GFC, FCIs emerged as a
https://www.rba.gov.au/publications/rdp/2021/2021-03/introduction.html
Modelling Risks to Economic Activity from Changing Financial Conditions
1 Mar 2021
RDP
2021-03
The FCI indicates financial conditions became more expansionary from around 2006–07 before tightening significantly during the GFC (i.e. ... Notably, however, our estimates suggest that financial conditions since March 2020 have not been as restrictive
https://www.rba.gov.au/publications/rdp/2021/2021-03/modelling-risks-to-economic-activity-from-changing-financial-conditions.html
How Do Financial Conditions Affect Risks to Economic Outcomes?
1 Mar 2021
RDP
2021-03
The biggest changes occur around times of major downturns such as the 1982 recession, the 1989–91 recession, the GFC in 2008 and more recently the COVID-19 pandemic.
https://www.rba.gov.au/publications/rdp/2021/2021-03/how-do-financial-conditions-affect-risks-to-economic-outcomes.html