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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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References

1 Dec 1991 RDP 9112
Malcolm Edey, Robin Foster and Ian Macfarlane
36, December 1988. Edey, M.L. and M. Britten-Jones (1990), “Saving and Investment”, in The Australian Macro-economy in the 1980s, Reserve Bank of Australia, 1990.
https://www.rba.gov.au/publications/rdp/1991/9112/references.html

5.1 Focus Topic: Vulnerabilities in China's Financial System

6 Oct 2023 FSR – October 2023
5.1 Focus Topic: Vulnerabilities in China's Financial System | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/focus-topic-vulnerabilities-in-chinas-financial-system.html

Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
1. Introduction. Relatively strong growth in the value of outstanding banknotes has been a consistent feature of the Australian economy for many decades. ... in the late 1990s to around 40 per cent now, or 35 per cent after subtracting cash used in
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html
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The Role of Collateral in Borrowing

14 Jan 2021 RDP PDF 1784KB
collateral. In addition, the global financial crisis was largely exogenous to the Australian economy. ... modest compared to other advanced economies. With these data, we answer the following questions.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-01.pdf

DSGE Reno: Adding a Housing Block to a Small Open Economy Model

1 Apr 2018 RDP 2018-04
Christopher G Gibbs, Jonathan Hambur and Gabriela Nodari
Households in the world economy may invest in their own and Australian nominal bonds. ... The foreign economy is modelled as a standard closed economy sticky-price model.
https://www.rba.gov.au/publications/rdp/2018/2018-04/full.html
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5.1 Focus Topic: Vulnerabilities in China's Financial System

9 Oct 2023 FSR - October 2023 PDF 289KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/05-focus-topic-vulnerabilities-in-chinas-financial-system.pdf

Labour Market Adjustment: Evidence on Interstate Labour Mobility

1 Dec 2009 RDP PDF 313KB
Section 6 concludes. 2. Theory and Existing Evidence. The Australian states can be considered as a series of small open economies with a fixed exchange rate.
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9801.pdf

The Impact of Financial Intermediaries on Resource Allocation and Economic Growth

1 Feb 2006 RDP PDF 699KB
The rate at which an economy grows is a positive fullction of the efficiency of this process. ... Romer shows that the equilibrium growth rate in thls economy (g) is given by:.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9213.pdf

Financial Stability Review

1 Apr 2004 FSR PDF 611KB
This could pose diffi culties both for fi nancial institutions and the global economy. ... Finally, a more medium-term risk arises from developments in the global economy.
https://www.rba.gov.au/publications/fsr/2004/mar/pdf/0304.pdf

Box A: Non-performing Loans at Asian Banks

10 Mar 2014 FSR – March 2014
To date, increases in aggregate NPLs have occurred in some economies, particularly in India but also in Korea. ... However, definitions differ so it may not be meaningful to compare the level of NPL ratios across economies.
https://www.rba.gov.au/publications/fsr/2014/mar/box-a.html