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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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Resilience of Australian Households and Businesses

6 Oct 2023 FSR – October 2023
Resilience of Australian Households and Businesses | Financial Stability Review – October 2023
https://www.rba.gov.au/publications/fsr/2023/oct/household-business-finances-in-australia.html

QUANTITATIVE EASINGEmail: w.cui@ucl.ac.uk and v.sterk@ucl.ac.uk. We thank Marios Angeletos, Richard Harrison, and seminar participants at…

18 Nov 2018 Research Workshop PDF 872KB
Thus, even though aggressive QE rules can be very powerful from a macro stabilization. ... of the economy, such as prices, and is denoted by a scalar for simplicity.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf

The Rise in Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
This is true for Australia and for most advanced economies. We explore the determinants of liquidity across households and over time, using a range of household surveys for Australia.
https://www.rba.gov.au/publications/rdp/2021/2021-10.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

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

Bibliography

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
Carmichael, J. (1990), “Inflation” in Grenville, S. (ed.) The Australian Macro-Economy in the 1980s, Reserve Bank of Australia, Sydney. ... ed.) The Australian Macro-Economy in the 1980s, Reserve Bank of Australia, Sydney.
https://www.rba.gov.au/publications/rdp/1990/9004/bibliography.html
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Research Workshop – 2011

16 Dec 2011 Research Workshop
The Reserve Bank of Australia 2011 research workshop, 'Monetary Policy in Open Economies'
https://www.rba.gov.au/publications/workshops/research/2011/

Financial Stability Assessment

5 Oct 2023 FSR - October 2023 PDF 160KB
https://www.rba.gov.au/publications/fsr/2023/oct/pdf/00-overview.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
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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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
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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