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 Rise in Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
Overall, these developments in the mortgage market have contributed to reducing financial fragility. ... Figure 11: Household Liquid Assets. Months of disposable income, indebted owner, financial year.
https://www.rba.gov.au/publications/rdp/2021/2021-10/full.html

Conclusion

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
It would be interesting to investigate the macroeconomic and financial stability implications of such mortgage accounts. ... For example, these accounts may make aggregate consumption less volatile in Australia than other comparable countries.
https://www.rba.gov.au/publications/rdp/2021/2021-10/conclusion.html

The Rise in Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
Overall, these developments in the mortgage market have contributed to reducing financial fragility. ... Past research has shown that the liquidity of household balance sheets is a key determinant of financial resilience.
https://www.rba.gov.au/publications/rdp/2021/2021-10/the-rise-in-household-liquidity.html

Read me file

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
Do file: HILDA – Output – 2. do. Functions: Produces Table C1: Aggregate Household Liquidity Buffers, Statistical Area Level 4. ... Input: Lending indicator.xlsx. Do file: MP Shocks and Liquidity Buffers – Financial Accounts.do.
https://www.rba.gov.au/publications/rdp/2021/2021-10/read-me.html

How Do We Measure Household Liquidity?

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
Aggregate household liquidity buffers are measured using national accounts data from the Australian Bureau of Statistics (ABS). ... The aggregate household liquidity buffer is the ratio of household liquid assets to disposable income.
https://www.rba.gov.au/publications/rdp/2021/2021-10/how-do-we-measure-household-liquidity.html

Alternative Explanations for the Rise in Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
Figure 19: Household Liquid Assets by Age of Household Head. Months of disposable income, financial year. ... This suggests that the rise in income inequality has been important to the rise in aggregate liquidity.
https://www.rba.gov.au/publications/rdp/2021/2021-10/alternative-explanations-for-the-rise-in-household-liquidity.html

Stylised Facts about Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
Figure 10: Hand-to-mouth Households by Housing Tenure. Share of all households, financial year. ... Figure 11: Household Liquid Assets. Months of disposable income, indebted owner, financial year.
https://www.rba.gov.au/publications/rdp/2021/2021-10/stylised-facts-about-household-liquidity.html

Household Liquidity and Mortgage Debt Dynamics

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
However, the share of households facing higher income risk is not large enough to fully explain the rise in aggregate liquidity buffers, suggesting that other forces are at play too. ... household liquidity, such as risk preferences or financial literacy.
https://www.rba.gov.au/publications/rdp/2021/2021-10/household-liquidity-and-mortgage-debt-dynamics.html