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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Trends in Employment, Output and Real Wages

1 Sep 1988 RDP 8806
Bill Russell and Warren J. Tease
RDP 8806: Employment, Output and Real Wages 2. Trends in Employment, Output and Real Wages. ... Trends in gross domestic product and full-time employment over the 1970s and 1980s are shown in Figure 1.
https://www.rba.gov.au/publications/rdp/1988/8806/trends-in-employment-output-and-real-wages.html

Employment, Output and Real Wages

1 Sep 1988 RDP 8806
Bill Russell and Warren J. Tease
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1988/8806/

Appendix 2: Estimation with an Alternative Real Wage Measure

1 Sep 1988 RDP 8806
Bill Russell and Warren J. Tease
Both real labour costs and GDP have a strong upward trend for most of the period. ... To reduce this problem the trend term was dropped from the equation, yielding the results in table 2.
https://www.rba.gov.au/publications/rdp/1988/8806/appendix-2.html

Simulation Results

1 Sep 1988 RDP 8806
Bill Russell and Warren J. Tease
had been constant; and the dotted line the estimate of employment had output grown on trend. ... For the first part of the period, employment would have been stronger had GDP grown at trend.
https://www.rba.gov.au/publications/rdp/1988/8806/simulation-results.html

Introduction

1 Sep 1988 RDP 8806
Bill Russell and Warren J. Tease
Section 2 outlines the broad trends in employment, output and wages in the 1970s and 1980s.
https://www.rba.gov.au/publications/rdp/1988/8806/introduction.html

Employment Output and Real Wages Revisited

1 Sep 1988 RDP 8806
Bill Russell and Warren J. Tease
W. = real wage per efficiency unit of labour. T. = time trend.
https://www.rba.gov.au/publications/rdp/1988/8806/employment-output-and-real-wages-revisited.html

Employment, Output and Wages: The Evidence from Previous Studies

1 Sep 1988 RDP 8806
Bill Russell and Warren J. Tease
Coghlan (1978), using the NIF-7 model of the Australian economy, found that if money wages had grown at below trend between 1974 and 1977 and if the real wage overhang
https://www.rba.gov.au/publications/rdp/1988/8806/employment-output-and-wages-the-evidence-from-previous-studies.html