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RBA Glossary definition for GFC

GFC – Global Financial Crisis

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Did Labour Market Concentration Lower Wages Growth Pre-COVID?

1 Mar 2023 RDP 2023-02
Jonathan Hambur
For GFC models, all controls other than firm FE are interacted with period dummies. ... Pre-GFC is 2005–2007. GFC is 2008–2010. Post GFC is 2011 to 2015.
https://www.rba.gov.au/publications/rdp/2023/2023-02/full.html

Appendix B: Regression robustness results

1 Mar 2023 RDP 2023-02
Jonathan Hambur
0.246. (0.023). 0.279. (0.011). Market Concentration GFC (HHI). 0.085. (0.021). Market Concentration post GFC (HHI).
https://www.rba.gov.au/publications/rdp/2023/2023-02/appendix-b.html

Why has the impact of concentration increased?

1 Mar 2023 RDP 2023-02
Jonathan Hambur
0.010. (0.004). Outside option Post GFC. 0.020. (0.004). R. 2. 0.670. ... Pre-GFC is 2005–2007. GFC is 2008–2010. Post GFC is 2011 to 2015.
https://www.rba.gov.au/publications/rdp/2023/2023-02/why-has-the-impact-of-concentration-increased.html