Search: macro economy
RBA Glossary definition for macro economy
macro economy – The economy looked at as a whole or in terms of major components measured by aggregates such as gross domestic product, the balance of payments and related links, in the context of the national economy. This contrasts with microeconomics which focuses upon specific firms or industries.
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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
1 Aug 2019
RDP
2019-07
August 2019. 1.5. MB. 1. Introduction. This paper presents a model of the Australian economy. ... MARTIN captures many features of the Australian economy and monetary policy transmission mechanism.
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
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Job Loss, Subjective Expectations and Household Spending
13 Aug 2021
RDP
PDF
2108KB
Job Loss, Subjective Expectations and Household Spending. Gabrielle Penrose and Gianni La Cava. Research Discussion Paper. R DP 2021- 08. Figures in this publication were generated using Mathematica. ISSN 1448-5109 (Online). The Discussion Paper
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-08.pdf
Other Matters | Reserve Bank of Australia Annual Report - 1990
30 Jun 1990
Annual Report
The Bank hosted a conference on the subject of “The Australian Macro-economy in the 1980s” in June 1990; the proceedings will be published later in 1990. ... Fred Hirsch and John H. Goldthorpe. The Political Economy of Inflation, 1978.
https://www.rba.gov.au/publications/annual-reports/rba/1990/other-matters.html
Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
1 May 2023
RDP
PDF
1465KB
Ramey (2016) for more details). This includes several papers looking at the Australian economy,. ... communication can affect the economy by changing expectations about future rates, as well as.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-04.pdf
Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
15 Feb 2024
RDP
2024-01
Changing aggregate demand in the economy is an important channel for monetary policy. ... As a contractionary monetary policy shock lowers aggregate demand in the economy, it also lowers the potential future profits of a firm.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
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Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
PDF
1715KB
overall investment and economy activity also softened (Figure C5). This provides some initial. ... firm entry and exit, meaning that there are fewer young firms in the economy.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf
The Year in Review
9 Mar 2023
RBA Annual Report
– 1988
Finally, confidence that appropriate macro-policy adjustments were being made grew throughout the year. ... high interest) economies. As well as Australia, these included, at times, the United Kingdom and Canada.
https://www.rba.gov.au/publications/annual-reports/rba/1988/year-review.html
Macrofinancial Stress Testing on Australian Banks
13 Sep 2023
RDP
PDF
1940KB
selling assets) or doing. things that mean they are not effectively performing their role in supporting the economy (which. ... the economy that is triggered by an industry-specific shock. For each size–industry category, the.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf
The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
8 Jun 2023
RDP
PDF
1310KB
reserves. Panel D: Baseline macro controls. Real GDP growth Year-on-year growth in real GDP. ... impact on the state of the economy and funding conditions. Bank-level controls are lagged one.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-05.pdf
Related Literature
12 May 2023
RDP
2023-04
likely to combine true policy shocks with additional information about the state of the economy – an information shock. ... Overall, they find that Action shocks affect the economy like textbook monetary policy shocks.
https://www.rba.gov.au/publications/rdp/2023/2023-04/related-literature.html
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