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RBA Glossary definition for GFC

GFC – Global Financial Crisis

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The Australian Labour Market in the 2000s: The Quiet Decade | Conference – 2011

24 Jul 2000 Conferences
Jeff Borland
In particular, Australia managed to avoid a major recession during the GFC at the end of the decade. ... During the GFC, the mining states experienced larger slowdowns in employment growth than the non-mining states.
https://www.rba.gov.au/publications/confs/2011/borland.html

Monetary Policy, Equity Markets and the Information Effect

24 Oct 2021 RDP PDF 1573KB
However, there are. notable spikes in the series, especially around the global financial crisis (GFC). ... monetary policy surprises, but there is more variation around the GFC (Figure 6).
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-04.pdf

Introduction | Conference – 2018

12 Apr 2018 Conferences
John Simon
But, despite these significant macroeconomic improvements, the global financial crisis (GFC) has challenged the practice of central banking. ... The authors also note that the strength of the regime was demonstrated throughout the GFC.
https://www.rba.gov.au/publications/confs/2018/introduction.html

Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017

16 Mar 2017 Conferences
Claudio Borio and Boris Hofmann
Specifically, persistently low interest rates often prevail in the wake of balance sheet recessions, such as in the aftermath of the GFC. ... Indeed, the lacklustre recovery from the GFC has raised doubts about the effectiveness of extraordinary measures,
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html

Discussion of Capital Flow Policies, Monetary Policy and Coordination

27 Jul 2014 Conferences PDF 70KB
RBA Conference Volume 2014
https://www.rba.gov.au/publications/confs/2014/pdf/fratzscher-disc.pdf

Monetary Policy, Equity Markets and the Information Effect

23 Mar 2021 RDP 2021-04
Calvin He
However, there are notable spikes in the series, especially around the global financial crisis (GFC). ... around the GFC (Figure 6).
https://www.rba.gov.au/publications/rdp/2021/2021-04/full.html
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Do Australian Households Borrow to Keep up with the Joneses?

10 Nov 2022 RDP 2022-06
Kim Nguyen
Sources: ABS; Author's calculations. In contrast, the tourism industry experienced softer conditions in the years following the global financial crisis (GFC), reflecting the high exchange rate (Khandaker and Islam 2017). ... Post-GFC self-reported home
https://www.rba.gov.au/publications/rdp/2022/2022-06/full.html
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Job Loss, Subjective Expectations and Household Spending

18 Aug 2021 RDP 2021-08
Gabrielle Penrose and Gianni La Cava
Expectations of job loss for the average worker rose by more than the model-based probability estimates during both the economic downturn in 2001 and the global financial crisis (GFC). ... And, since around 2013, the difference between the expected and
https://www.rba.gov.au/publications/rdp/2021/2021-08/full.html
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The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016

18 Mar 2016 Conferences
Wing Thye Woo
The stimulus package introduced by the Chinese authorities in response to the GFC has increased the risk of a significant rise in NPLs. ... imparting the needed boost to capacity utilisation during the GFC would become a drag on future productivity
https://www.rba.gov.au/publications/confs/2016/woo.html

The Rise in Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
Research Discussion Paper – RDP 2021-10 The Rise in Household Liquidity. Gianni La Cava and Lydia Wang. November 2021. 1.71. MB. 1. The Rise in Household Liquidity. Households need liquid assets, such as cash, to get through periods of financial
https://www.rba.gov.au/publications/rdp/2021/2021-10/full.html
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