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RBA Glossary definition for aggregate supply

aggregate supply – Gross domestic product as measured by the value of goods and services produced.

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Firms' Price-setting Behaviour: Insights from Earnings Calls

11 Sep 2023 RDP 2023-06
Callan Windsor and Max Zang
A comparison of the aggregate forward-looking indices is shown in Figure C1. ... 1.6. 6. 17. Supply shortages. 07–20. 0.9. 1.7. 1.2. na. 20.
https://www.rba.gov.au/publications/rdp/2023/2023-06/full.html
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How Many Jobs Did JobKeeper Keep?

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
Research Discussion Paper – RDP 2020-07 How Many Jobs Did JobKeeper Keep? James Bishop and Iris Day. November 2020. 1.79. MB. 346. KB. Supplementary information. COVID-19, fiscal policy, labour market. The JobKeeper Payment is a wage subsidy to
https://www.rba.gov.au/publications/rdp/2020/2020-07.html
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MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
credit supply, resulting in a much larger financial accelerator mechanism than with our baseline assumption. ... λ. z. t. ). 3.8.3 Credit supply reduction affects new loans only.
https://www.rba.gov.au/publications/rdp/2022/2022-01/full.html
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Oil Price Shocks, Monetary Policy and Stagflation | Conference – 2009

17 Aug 2009 Conferences
Lutz Kilian
There are two main channels of transmission. One is the increased cost of producing domestic output (which is akin to an adverse aggregate supply shock); the other is the reduced purchasing ... Bernanke et al (1997), for example, implicitly take the
https://www.rba.gov.au/publications/confs/2009/kilian.html

The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
The RBA keeps the rate at target by controlling the aggregate supply of reserve balances via RBA repo auctions each morning, and the lack of cross-sectional variance is due to ... Figure 3: TED Spread and Loans Outstanding by Market. Daily aggregates
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia

22 Mar 2023 RDP 2023-03
Jonathan Hambur and Dan Andrews
So not only is aggregate investment falling, proportionately more of it is being done by the least productive firms. ... The use of gross investment also links the analysis more directly to the observed slowdown in aggregate investment.
https://www.rba.gov.au/publications/rdp/2023/2023-03/full.html
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The Relationship between Financial Indicators and Economic Activity: Some Further Evidence

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1989/8903.html
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The Model

1 May 1986 RDP 8602
Robert G. Trevor
t1. is the change in the money supply that is expected prior to the announcement, and µ. ... Perhaps more importantly, on 8 February 1980 the definition of the money supply aggregate reported in the H6 changed from “old” MI to MIB (not “shift
https://www.rba.gov.au/publications/rdp/1986/8602/model.html
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Financial-asset Prices and Monetary Policy: Theory and Evidence | Conference – 1997

21 Jul 1997 Conferences
Frank Smets
According to Equation (2), aggregate demand depends negatively on the expected real interest rate (r. ... I therefore assume that asset-market participants have information about current supply and demand shocks.
https://www.rba.gov.au/publications/confs/1997/smets.html

The Objectives for, and Conduct of, Monetary Policy in the 1990s | Conference – 1992

21 Jun 1990 Conferences
Charles Goodhart
as some monetary aggregate or the exchange rate, (as in the Exchange Rate Mechanism in Europe). ... velocity has been notorious, especially when the aggregate involved became the chosen target for the country' s monetary authority.
https://www.rba.gov.au/publications/confs/1992/goodhart.html