Search: macro economy

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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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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

References

23 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
RDP 2019-07: MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy References. ... Lawson J and D Rees (2008), ‘A Sectoral Model of the Australian Economy’, RBA Research Discussion Paper No 2008-01.
https://www.rba.gov.au/publications/rdp/2019/2019-07/references.html