Search: Trend

Sort by: Relevance Date
1–6 of 6 collapsed search results for Trend

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.

Search Results

Results

23 Nov 2016 RDP 2016-08
Rachael McCririck and Daniel Rees
A number of papers identify an increase in trend productivity growth at this time (e.g. ... This specification implies that the economy can receive shocks that temporarily drive productivity growth away from its long-run trend.
https://www.rba.gov.au/publications/rdp/2016/2016-08/results.html

The Slowdown in US Productivity Growth: Breaks and Beliefs

1 Oct 2016 RDP 2016-08
Rachael McCririck and Daniel Rees
A desirable feature of the model is that it assumes that TFP growth follows a stochastic trend. ... A number of papers identify an increase in trend productivity growth at this time (e.g.
https://www.rba.gov.au/publications/rdp/2016/2016-08/full.html

Model

23 Nov 2016 RDP 2016-08
Rachael McCririck and Daniel Rees
A desirable feature of the model is that it assumes that TFP growth follows a stochastic trend. ... Figure 2: A Decrease in Trend Productivity Growth. Perhaps the most surprising response is that of investment growth.
https://www.rba.gov.au/publications/rdp/2016/2016-08/model.html

References

23 Nov 2016 RDP 2016-08
Rachael McCririck and Daniel Rees
Cogley T (2005), ‘How Fast Can the New Economy Grow? A Bayesian Analysis of the Evolution of Trend Growth’, Journal of Macroeconomics, 27(2), pp 179–207. ... Hoffmann M, MU Krause and T Laubach (2012), ‘Trend Growth Expectations and U.S.
https://www.rba.gov.au/publications/rdp/2016/2016-08/references.html

Appendix F: Including Multiple Observed Wage Series in Estimation

23 Nov 2016 RDP 2016-08
Rachael McCririck and Daniel Rees
It therefore may be an undesirable series to use to uncover trends in long-run growth.
https://www.rba.gov.au/publications/rdp/2016/2016-08/appendix-f.html

Introduction

23 Nov 2016 RDP 2016-08
Rachael McCririck and Daniel Rees
But even so, the level of GDP remains well below what an extrapolation of its pre-recession trend would imply.
https://www.rba.gov.au/publications/rdp/2016/2016-08/introduction.html