Search: Trend

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RBA Glossary definition for Trend

Trend – A trend series is a seasonally adjusted series that has been further adjusted to remove irregular effects and �smooth� out the series to show the overall �trend� of the data over time. This series is usually provided by the Australian Bureau of Statistics.

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Appendix D: Robustness Checks

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
These trends for the period November 2019 to February 2020 are shown in Figure 2. ... Adding these controls has no material effect on our results, which provides further confidence that parallel trends holds.
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-d.html

Robustness and Potential Biases

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
Download the Paper 1.79. MB. The validity of our difference-in-differences approach rests on the parallel trends assumption. ... In all cases, we do not find any evidence to suggest that the parallel trends assumption is violated.
https://www.rba.gov.au/publications/rdp/2020/2020-07/robustness-and-potential-biases.html

How Many Jobs Did JobKeeper Keep?

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
This is the parallel trends assumption. We do a range of robustness checks on this assumption in our paper. ... However, having treatment and control groups that are balanced along a number of observable and unobservable dimensions prior to the program
https://www.rba.gov.au/publications/rdp/2020/2020-07/full.html

Empirical Strategy

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
This is the parallel trends assumption. We do a range of robustness checks on this assumption in our paper. ... However, having treatment and control groups that are balanced along a number of observable and unobservable dimensions prior to the program
https://www.rba.gov.au/publications/rdp/2020/2020-07/empirical-strategy.html

Appendix E: Alternative Identification Strategy

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
Parallel trends: the treatment and control groups are far less balanced on observable dimensions than in the baseline approach (Table E1). ... Indeed, there is some evidence of an ‘effect’ of JobKeeper before the program was announced (Figure E3,
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-e.html