Search: aggregate demand
RBA Glossary definition for aggregate demand
aggregate demand – Gross domestic product as measured by the sum of final expenditure on goods and services produced.
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Direct Effects of Money on Aggregate Demand: Another Look at the Evidence
26 Aug 2010
RDP
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179KB
05. RESEARCHDISCUSSIONPAPER. Direct Eff ects of Money on Aggregate Demand: Another Look at the Evidence. ... The empirical evidence is mixed. Rudebusch and Svensson (1999, 2002) find littlerole for monetary aggregates in empirical aggregate demand
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-05.pdf
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
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1715KB
A. reduction of the policy interest rate stimulates investment by: increasing aggregate demand;. ... local projection model using (log) aggregate real non-mining investment (gross fixed capital.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf
Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
13 Feb 2024
RDP
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1260KB
One is the. demand channel: contractionary monetary policy may weaken aggregate demand and therefore. ... As a. contractionary monetary policy shock lowers aggregate demand in the economy, it also lowers the.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-01.pdf
The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment
25 Jan 2023
RDP
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1588KB
To analyse the full datasetI aggregate household demand for homes of different values in different locations. ... Lower heterogeneityfor the mortgage rate response is consistent with the lack of systematic variation in the response ofWTPs to the mortgage
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-01.pdf
The Demand for Money in Australia: New Tests on an Old Topic
30 Nov 2009
RDP
PDF
135KB
invelocity that have affected all the monetary aggregates at one time or another. ... These last four monetary aggregates are shown inFigure 5. Figure 5: Real Monetary Aggregates.
https://www.rba.gov.au/publications/rdp/1993/pdf/rdp9314.pdf
Firms’ Price-setting Behaviour: Insights from Earnings Calls
6 Nov 2023
RDP
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1677KB
for our products remain strong. Demand demand. strong. Tabcorp Response: And with the price increase, all of the dividends through. ... consumer demand increasing; and consumer demand decreasing. We parse the text of every.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-06.pdf
New Classical Models and unobserved aggregates
19 Nov 2012
RDP
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912KB
t-1. The demand for aggregate output is assumed to be proportional to the. ... H - p & t t t. 4. d where yt is the log of the (proportionate) deviation of current aggregate demand from its natural rate, M is the log of the true,
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8601.pdf
The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
8 Jun 2023
RDP
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1310KB
aggregate demand.1 All else equal, lower interest rates are likely to directly impact bank profitability. ... demand. On the supply side, banks might also increase their profitability by increasing their business.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf
MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
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1571KB
account for feedback between economic variables. For example, an increase in aggregate demand. ... aggregate demand. Accounting for feedback mechanisms is particularly important for understanding.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
Identification and Inference under Narrative Restrictions
20 Oct 2023
RDP
PDF
1128KB
References 31. 1. Introduction. Understanding the dynamic causal effects of structural shocks is one of the central problems inmacroeconometrics, and there is increasing empirical demand for methods that require minimalidentifying assumptions.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-07.pdf