Search: 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
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
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
Appendix A: Data
18 Sep 2017
RDP
2017-05
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
‘Generation Rent’ and the First Step on the Property Ladder
18 Sep 2017
RDP
2017-05
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
Introduction
18 Sep 2017
RDP
2017-05
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
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
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
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