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RBA Glossary definition for GFC

GFC – Global Financial Crisis

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Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018

12 Apr 2018 Conferences
Warwick J McKibbin and Augustus J Panton
GFC. , which equals 0 for the period before the GFC and 1 otherwise. ... Table 2: Pre-GFC and Post-GFC Inflation and Expectations Dynamics. Dependent variable.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html

The Australian Financial System in the 2000s: Dodging the Bullet | Conference – 2011

24 Jul 2000 Conferences
Kevin Davis
Section 6 outlines how the GFC affected Australian financial markets and regulatory responses to that. ... in the following sections as relevant for understanding the Australian experience during the GFC.
https://www.rba.gov.au/publications/confs/2011/davis.html

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

Data

10 Jul 2019 RDP 2019-06
Fiona Price, Benjamin Beckers and Gianni La Cava
computers. While the time series for durables spending is more limited than that for non-durables, it does cover the GFC period. ... Second, during the GFC, which had its peak unemployment effect in Australia in 2009, durables spending fell by more for
https://www.rba.gov.au/publications/rdp/2019/2019-06/data.html
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From the Asian Miracle to an Asian Century? Economic Transformation in the 2000s and Prospects for the 2010s | Conference – 2011

24 Jul 2000 Conferences
Yiping Huang and Bijun Wang
Growth in China and India showed clear trends of acceleration, at least until the GFC. ... The GFC acted as a catalyst on the form of CMI multilateralisation (CMIM) in May 2009.
https://www.rba.gov.au/publications/confs/2011/huang-wang.html

Appendix D: Robustness Checks

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
cannot not do a similar placebo test for the last major downturn – namely, the GFC in 2008–09.
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-d.html
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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

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

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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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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