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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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Firms’ Price-setting Behaviour: Insights from Earnings Calls

6 Nov 2023 RDP PDF 1677KB
supply shocks. Firms’ price-setting sentiment also appears more sensitive to rising input costs. ... aggregate indices from both methodologies can identify significant turning points in the economy.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-06.pdf

Overview

4 Aug 2023 SMP – August 2023
Overview | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/overview.html

Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

13 Feb 2024 RDP PDF 1260KB
reduces (increases) aggregate research and development (R&D) spending, and that lower (higher). ... firm to finance innovative activity. This can reflect: tighter aggregate credit supply; lower asset prices.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-01.pdf

Economic Outlook

5 May 2023 SMP – May 2023
Economic Outlook | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/economic-outlook.html

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
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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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

Economic Outlook

10 Nov 2023 SMP – November 2023
Economic Outlook | Statement on Monetary Policy – November 2023
https://www.rba.gov.au/publications/smp/2023/nov/economic-outlook.html

Overview

6 Dec 2023 SMP - August 2023 PDF 81KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/overview.pdf

Inflation

5 Nov 2021 SMP – November 2021
Domestic and global supply shortages have particularly affected prices of timber and steel inputs. ... ongoing supply disruptions at overseas factories and sustained global and domestic demand (Graph 4.7).
https://www.rba.gov.au/publications/smp/2021/nov/inflation.html

Domestic Economic Conditions

5 May 2023 SMP – May 2023
Domestic Economic Conditions | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/domestic-economic-conditions.html