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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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Statistical Method for Estimating Willingness to Pay

19 Apr 2024 RDP 2024-02
Zan Fairweather, Denzil Fiebig, Adam Gorajek, Rochelle Guttmann, June Ma and Jack Mulqueeney
Our motivation for including age helps us to form a partial picture of generational differences in preferences, which are interesting to the extent that they help to forecast changes in aggregate
https://www.rba.gov.au/publications/rdp/2024/2024-02/statistical-method-for-estimating-willingness-to-pay.html
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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
We find that contractionary (expansionary) monetary policy reduces (increases) aggregate research and development (R&D) spending, and that lower (higher) R&D spending reduces (increases) future productivity.
https://www.rba.gov.au/publications/rdp/2024/2024-01.html
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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

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

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

Adoption and Firm Profitability

21 Dec 2023 RDP 2023-10
Kim Nguyen and Jonathan Hambur
RDP 2023-10: Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects 5. Adoption and Firm Profitability. Kim Nguyen and Jonathan Hambur. December 2023. Download the Paper 1.65. MB. We employ a panel event study framework
https://www.rba.gov.au/publications/rdp/2023/2023-10/adoption-and-firm-profitability.html
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Appendix B: Aggregate Data Results

19 Dec 2023 RDP 2023-09
Evidence from BLADE Appendix B: Aggregate Data Results. Gulnara Nolan, Jonathan Hambur and Philip Vermeulen. ... Download the Paper 1.74. MB. Figure B1: Aggregate Non-mining Investment Response.
https://www.rba.gov.au/publications/rdp/2023/2023-09/appendix-b.html

Introduction

19 Dec 2023 RDP 2023-09
investment. Indeed, a negative relationship between investment and interest rates is hard to find in aggregate time series data (e.g. ... This can make it hard to identify the effect of monetary policy on investment using aggregate data.
https://www.rba.gov.au/publications/rdp/2023/2023-09/introduction.html

References

19 Dec 2023 RDP 2023-09
Caballero RJ (1999), ‘Aggregate Investment’, in JB Taylor and M Woodford (eds), Handbook of Macroeconomics: Volume 1B, Handbooks in Economics 15, Elsevier Science, Amsterdam, pp 813–862.
https://www.rba.gov.au/publications/rdp/2023/2023-09/references.html

Non-technical summary for ‘Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE’

19 Dec 2023 RDP 2023-09
This allows us to explore both the aggregate effects of monetary policy, as well as the channels through which monetary policy affects investment.
https://www.rba.gov.au/publications/rdp/2023/2023-09/non-technical-summary.html