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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Non-technical summary for 'Firms' Price-setting Behaviour: Insights from Earnings Calls'
5 Sep 2023
RDP
PDF
163KB
RDP 2023-06 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-06/rdp-2023-06-non-technical-summary.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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The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
8 Jun 2023
RDP
PDF
1310KB
demand. On the supply side, banks might also increase their profitability by increasing their business. ... et al (2017), while aggregate banking conditions might affect the stance of monetary policy, the.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf
Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
22 Mar 2023
RDP
2023-03
So not only is aggregate investment falling, proportionately more of it is being done by the least productive firms. ... The use of gross investment also links the analysis more directly to the observed slowdown in aggregate investment.
https://www.rba.gov.au/publications/rdp/2023/2023-03/full.html
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Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
16 Mar 2023
RDP
PDF
1288KB
whatever is inhibiting productive firms from investing is also holding back aggregate investment. ... have held back aggregate investment, with firm-level average investment declining most in.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf
Did Labour Market Concentration Lower Wages Growth Pre-COVID?
1 Mar 2023
RDP
2023-02
Some papers use instruments to help identify exogenous changes in market power/supply elasticity. ... It also suggests that aggregate concentration measures may not be sufficient to consider changes in local labour market power.
https://www.rba.gov.au/publications/rdp/2023/2023-02/full.html
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Did Labour Market Concentration Lower Wages Growth Pre-COVID?
28 Feb 2023
RDP
PDF
1812KB
1 More precisely, it reflects the elasticity of the labour supply curve facing the firm. ... Some papers use instruments to help identify exogenous changes in market power/supply elasticity.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-02.pdf
Aggregate Results
31 Jan 2023
RDP
2023-01
the price) assuming inelastic supply, and compares them to the average change in WTPs. ... Sources: Author's calculations; Fuster and Zafar (2021). Table 1: Aggregate Results from the Experimental Scenarios.
https://www.rba.gov.au/publications/rdp/2023/2023-01/aggregate-results.html
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The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment
25 Jan 2023
RDP
PDF
1588KB
Fuster and Zafar (2021)assume fixed supply in their representative agent user cost framework. ... However, the pattern observed at the aggregate levelis also evident at disaggregated levels.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-01.pdf
Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
3 Jan 2023
RDP
2022-09
this shock from shocks to aggregate demand and supply (This involves restricting the cash rate and prices to move in opposite directions following a monetary policy shock, as in Uhlig (2005). ... raise the interest rate and lower prices, while both
https://www.rba.gov.au/publications/rdp/2022/2022-09/full.html
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