Search: year-average growth
RBA Glossary definition for year-average growth
year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.
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Appendix C: Forecast Data and Alternative Specifications
29 May 2017
RDP
2017-02
The survey provides calendar-year average forecasts for real GDP growth and year-ended forecasts (to December quarter) for CPI inflation. ... BRW's survey was conducted once per quarter, typically during the final month of the quarter, and provided
https://www.rba.gov.au/publications/rdp/2017/2017-02/appendix-c.html
Robustness to Alternative Specifications
29 May 2017
RDP
2017-02
Accordingly, our first alternative specification replaces the two-quarter-ahead forecasts for year-ended GDP growth and inflation in Equation (9) with four-quarter-ahead forecasts. ... the coming and following December quarter along with Consensus
https://www.rba.gov.au/publications/rdp/2017/2017-02/robustness-to-alternative-specifications.html
Romer and Romer's Approach
29 May 2017
RDP
2017-02
This involves regressing changes in the cash rate on the forecasts for inflation and output growth. ... For these quarters, we interpolate forecasts using official forecasts from neighbouring quarters and Consensus forecasts for year-average growth in
https://www.rba.gov.au/publications/rdp/2017/2017-02/romer-and-romers-approach.html
Anticipatory Monetary Policy and the ‘Price Puzzle’
1 May 2017
RDP
2017-02
Accordingly, our first alternative specification replaces the two-quarter-ahead forecasts for year-ended GDP growth and inflation in Equation (9) with four-quarter-ahead forecasts. ... the coming and following December quarter along with Consensus
https://www.rba.gov.au/publications/rdp/2017/2017-02/full.html