Search: aggregate supply
RBA Glossary definition for aggregate supply
aggregate supply – Gross domestic product as measured by the value of goods and services produced.
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Appendix A: Identifying the Effect of Credit Supply Shocks
31 Dec 2013
RDP
2013-05
Credit demand shock:. Credit supply shock:. The credit demand shock consists of two terms – an aggregate shock that is common to all regions. ... The credit supply shock also consists of two terms – an aggregate shock that is common to all banks.
https://www.rba.gov.au/publications/rdp/2013/2013-05/appendix-a.html
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Appendix C: Asset Supplies not Equal to the Traders' Minimum-Variance Portfolio
1 Jun 1993
RDP
9307
RDP 9307: Explaining Forward Discount Bias: Is it Anchoring? Appendix C: Asset Supplies not Equal to the Traders' Minimum-Variance Portfolio. ... where x = κγ. /(1 – α). The excess return on the foreign asset, x, is a risk premium required in the
https://www.rba.gov.au/publications/rdp/1993/9307/appendix-c.html
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Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
PDF
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
MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
1 Aug 2019
RDP
2019-07
Because aggregate supply ultimately determines the growth rates of income and expenditure, the supply-side trends enter many of the equations in MARTIN. ... In contrast, we model imports at the aggregate level. The non-resource exports equations share a
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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New Classical Models and unobserved aggregates
19 Nov 2012
RDP
PDF
912KB
In. particular, I assume that the supply of aggregate output is determined by a. ... aggregate supply from its natural rate, p is the log of the nominal price t.
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
21 Jun 2023
RDP
2023-05
This paper presents new insights on the direct impact of lower rates on bank profitability, after controlling for other factors that operate indirectly through monetary policy's independent impact on aggregate ... On the supply side, banks might also
https://www.rba.gov.au/publications/rdp/2023/2023-05/full.html
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Introduction
31 Dec 2010
RDP
2010-05
by three equations: one for aggregate demand, one for aggregate supply and a monetary policy rule for the short-term nominal interest rate. ... The empirical evidence is mixed. Rudebusch and Svensson (1999, 2002) find little role for monetary aggregates
https://www.rba.gov.au/publications/rdp/2010/2010-05/introduction.html
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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
account for feedback between economic variables. For example, an increase in aggregate demand. ... potential growth rate is 2.75 per cent. Because aggregate supply ultimately determines the growth rates of income and expenditure, the.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
22 Dec 2023
RDP
2023-09
Measures constructed from Demmou, Stefanescu and Arquie (2019). aggregate_data.xlsx – data used for producing aggregate local projection results (Figures 2 and B3). ... Code to construct aggregate local projections results: aggregate_lp.do. Code to
https://www.rba.gov.au/publications/rdp/2023/2023-09/read-me.html
Monetary Policy Transmission
9 Dec 2019
RDP
2019-11
Figure 14: Impact of Money Supply Shock. One standard deviation shock, cumulative impulse responses. ... Conducted largely through the State Council, the formulation of aggregate supply and demand management policies is more tightly coordinated compared
https://www.rba.gov.au/publications/rdp/2019/2019-11/monetary-policy-transmission.html
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