Search: financial aggregates

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1–8 of 8 collapsed search results for financial aggregates

RBA Glossary definition for financial aggregates

financial aggregates – A Reserve Bank of Australia data series specifying measures of the supply of money and credit. It includes some or all of: currency on issue; current deposits with banks; other deposits of the private non-bank sector with banks; borrowings from the private sector by non-bank depository corporations; and credit (loans, advances and bills discounted to the private sector).

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The Property Ladder after the Financial Crisis: The First Step Is a Stretch but Those Who Make It Are Doing OK

11 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
The global financial crisis (GFC) focused attention on household debt in dramatic fashion. ... And what implications does this have for our understanding of the growing level of aggregate household debt?
https://www.rba.gov.au/publications/rdp/2017/2017-05.html

The Property Ladder after the Financial Crisis: The First Step is a Stretch but Those Who Make It Are Doing OK

1 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
future. We also look at changes in FHB behaviour since the financial crisis. ... Interpreting the net effect of these changes on financial fragility is, however, difficult.
https://www.rba.gov.au/publications/rdp/2017/2017-05/full.html

‘Generation Rent’ and the First Step on the Property Ladder

18 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
Importantly, whichever explanation is true, it has implications for our understanding of aggregate debt levels. ... Overall, the proportion of indebted FHBs is lower than prior to the financial crisis.
https://www.rba.gov.au/publications/rdp/2017/2017-05/generation-rent-and-the-first-step-on-the-property-ladder.html

Appendix A: Data

18 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
RDP 2017-05: The Property Ladder after the Financial Crisis: The First Step is a Stretch but Those Who Make It Are Doing OK Appendix A: Data. ... broadly in line with aggregate measures.
https://www.rba.gov.au/publications/rdp/2017/2017-05/appendix-a.html

Introduction

18 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
There are also important distributional considerations that affect what meaning can be attached to the aggregate values. ... future. We also look at changes in FHB behaviour since the financial crisis.
https://www.rba.gov.au/publications/rdp/2017/2017-05/introduction.html

Conclusion

18 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
So the rise in aggregate and individual debt ratios do not appear to be associated with an increase in household financial vulnerability – at least as far as first home buyers are ... While saving a deposit is a stretch, it is also a sign of financial
https://www.rba.gov.au/publications/rdp/2017/2017-05/conclusion.html

Appendix B: Heckman Selection Model

18 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
RDP 2017-05: The Property Ladder after the Financial Crisis: The First Step is a Stretch but Those Who Make It Are Doing OK Appendix B: Heckman Selection Model. ... it. is a vector of household and aggregate-level controls. ϕ is the standard normal
https://www.rba.gov.au/publications/rdp/2017/2017-05/appendix-b.html

How Much Debt Do FHBs Take on?

18 Sep 2017 RDP 2017-05
John Simon and Tahlee Stone
taking on ‘too much’ debt given the increase in housing prices since the financial crisis. ... Interpreting the net effect of these changes on financial fragility is, however, difficult.
https://www.rba.gov.au/publications/rdp/2017/2017-05/how-much-debt-do-fhbs-take-on.html