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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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The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data

21 Jun 2023 RDP 2023-05
Callan Windsor, Terhi Jokipii and Matthieu Bussiere
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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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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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

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

Introduction

31 Dec 2010 RDP 2010-05
Stephen Elias and Mariano Kulish
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 Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
credit supply, resulting in a much larger financial accelerator mechanism than with our baseline assumption. ... λ. z. t. ). 3.8.3 Credit supply reduction affects new loans only.
https://www.rba.gov.au/publications/rdp/2022/2022-01/full.html
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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

Commonwealth of Australia: In the Australian Competition Tribunal – April 2004 | Payments System | Submissions

8 May 2024 Submissions
Standard demand and supply analysis predicts that this will increase the price that issuers charge cardholders and reduce the price that acquirers charge merchants.
https://www.rba.gov.au/publications/submissions/payments-system/au-competition-tribunal/index.html

Other Mortgage Market Outcomes

1 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
APRA (2019b) also concludes that, for the investor policy, the aggregate trend in housing credit growth remained broadly unchanged. ... and Norman (2020) that, in aggregate, housing prices do not have a positive effect on household debt.
https://www.rba.gov.au/publications/rdp/2021/2021-07/other-mortgage-market-outcomes.html
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Firms' Price-setting Behaviour: Insights from Earnings Calls

11 Sep 2023 RDP 2023-06
Callan Windsor and Max Zang
A comparison of the aggregate forward-looking indices is shown in Figure C1. ... 1.6. 6. 17. Supply shortages. 07–20. 0.9. 1.7. 1.2. na. 20.
https://www.rba.gov.au/publications/rdp/2023/2023-06/full.html
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