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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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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

The Relationship between Financial Indicators and Economic Activity: 1968–1987

19 Nov 2012 RDP PDF 1761KB
All financial aggregates and demand have been smoothed using a simple moving average. ... 19. before the associated movement in the financial aggregates. The strongest results are for lending.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8805.pdf

BA-MARTIN in Detail

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
choices that ensure we do not underestimate the financial accelerator effect, rather than exactly how banks would behave. ... credit supply, resulting in a much larger financial accelerator mechanism than with our baseline assumption.
https://www.rba.gov.au/publications/rdp/2022/2022-01/ba-martin-in-detail.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). ... 03 leaders.do. 04 By financial dependence.do. 05 Fin constrained.do. 06 capexregs.do
https://www.rba.gov.au/publications/rdp/2023/2023-09/read-me.html

Macrofinancial Stress Testing on Australian Banks

13 Sep 2023 RDP PDF 1940KB
Research Discussion Paper 2022-03. September 2022. Financial Stability Department Reserve Bank of Australia. ... and people’s welfare. According to the Bank for International Settlements (BCBS 2010), financial.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf

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
We model each of these quantities in nominal terms. Household assets consist of non-financial and financial assets. ... In the short run, trend real growth and movements in equity prices also influence financial assets.
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects

19 Dec 2023 RDP PDF 1692KB
5.2 Aggregate results 12. 5.3 The role of Board of Directors 14. ... financial details sourced from Morningstar. Table 1 displays the median values of various financial.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-10.pdf

The Relationship between Financial Indicators and Economic Activity: Some Further Evidence

19 Nov 2012 RDP PDF 1506KB
On the basis of the test results, which suggested the presence of unit roots, all the data on indicators of activity and financial aggregates were first-differenced. ... There are a number of instances of complex relationships between the bill rate and
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8903.pdf

References

1 Apr 1993 RDP 9303
David T. Merrett
RDP 9303: The 1893 Bank Crashes and Monetary Aggregates References. David T. ... Juttner, D.J. (1987),. Financial Markets, Interest Rates and Monetary Economics. , Longman Cheshire, Melbourne.
https://www.rba.gov.au/publications/rdp/1993/9303/references.html
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Aggregate Effects of Covenant Composition

25 Oct 2022 RDP 2022-05
Kim Nguyen
Aggregate Effects of Covenant Composition. Kim Nguyen. October 2022. ... However, to the extent that the same shifts have occurred amongst non-listed firms, this might still suggest some moderate aggregate effects.
https://www.rba.gov.au/publications/rdp/2022/2022-05/aggregate-effects-of-covenant-composition.html
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