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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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Conclusion

31 Dec 2013 RDP 2013-10
Patricia Gómez-González and Daniel Rees
RDP 2013-10: Stochastic Terms of Trade Volatility in Small Open Economies 8. ... of trade, a plausibly exogenous relative price for small open commodity-exporting economies.
https://www.rba.gov.au/publications/rdp/2013/2013-10/conclusion.html
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Start Spreading the News: News Sentiment and Economic Activity in Australia

23 Dec 2020 RDP 2020-08
Kim Nguyen and Gianni La Cava
The NSI complements other high-frequency economic indicators in its ability to ‘nowcast’ the economy. ... how this might affect beliefs amongst consumers about the outlook for the economy.
https://www.rba.gov.au/publications/rdp/2020/2020-08/full.html
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How Risky is Australian Household Debt?

19 Aug 2020 RDP PDF 1880KB
across advanced economies in the late 1980s to the top quartile by 2018. ... Figure 3: Household Debt and Ownership. Available advanced economies, debt as at 2018.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-05.pdf

The Determinants of Corporate Leverage: A Panel Data Analysis

1 Dec 1993 RDP 9313
Geoffrey Shuetrim, Philip Lowe and Steve Morling
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1993/9313.html
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Monetary Transmission in a Deregulated Financial System

19 Nov 2012 RDP PDF 825KB
differential rate of return on bank deposits and other assets in the economy. ... Prepared for the Conference on the Australian Macro-Economy and the. NIF88 Model, March.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8811.pdf

The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data

1 Jul 2019 RDP 2019-06
Fiona Price, Benjamin Beckers and Gianni La Cava
This suggests that a high level of household debt may weigh on spending even when the economy is in a more ‘normal’ phase of the business cycle. ... If debt has no direct effect on spending but affects spending only when there are shocks to income or
https://www.rba.gov.au/publications/rdp/2019/2019-06/full.html
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Explaining Monetary Spillovers: The Matrix Reloaded

8 Apr 2019 RDP PDF 1861KB
economy’s interest rates to monetary policy shocks in major advanced economies. ... premium components) in a large economy can drive those in other economies.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-03.pdf

Forthcoming in Economic Record December 1983 ECONOMIC FORECASTS AND ...

23 Feb 2017 RDP PDF 762KB
2. respectively the best-known forecaster of the international. economy and of the U.S. ... Kmenta anu J. Ramsey, (eds) Large Scale Macro-Econometric Models, North-Holland. 1981.
https://www.rba.gov.au/publications/rdp/1983/pdf/rdp8302.pdf

Job-search Methods, Neighbourhood Effects and the Youth Labour Market

1 Dec 2009 RDP PDF 115KB
The model presented here takes the demandside of the economy as given and does not develop any general equilibrium results.This is a relatively straightforward exercise, requiring some further modificationsto the
https://www.rba.gov.au/publications/rdp/1999/pdf/rdp1999-07.pdf

Non-technical summary for 'Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment'

26 Nov 2021 RDP PDF 414KB
RDP 2021-11 non-technical summary
https://www.rba.gov.au/publications/rdp/2021/2021-11/rdp-2021-11-non-technical-summary.pdf