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RBA Glossary definition for GDP

GDP – Gross Domestic Product. A key measure of the value of economic production in the economy. GDP is determined in one of three ways: the value of goods and services produced less the cost of production; the sum of incomes generated by production; the sum of final expenditure on goods and services produced plus exports minus imports. An average of the three approaches may be calculated and is also referred to as GDP.

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Uncertainty Shocks, Financial Frictions and Business Cycle Asymmetries Across Countries

19 Dec 2019 Research Workshop PDF 2144KB
RBA Workshop 2019
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-chatterjee.pdf

The Saving Glut of the Rich and the Rise in Household Debt

19 Dec 2019 Research Workshop PDF 620KB
RBA Workshop 2019
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-sufi.pdf

Bank of England Staff Working Paper No. 827

20 Sep 2019 Research Workshop PDF 4321KB
Employment and the collateral channel of monetary policy
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-foulis.pdf

Productivity and Misallocation in GeneralEquilibrium David Rezza Baqaee LSE ...

4 Dec 2018 Research Workshop PDF 330KB
Our ex-post reduced-form results couldbe generalized to cover generic heterogenous consumers, as long as real GDP is defined using the Laspeyreindex. ... Domar Weights. We define the revenue-based Domar weight λi of producer i to be its sales share as
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-farhi.pdf

On the Risk of Leaving the Euro∗ Manuel Macera† ...

2 Dec 2018 Research Workshop PDF 545KB
process for Greece’s primary balance as a percentage of GDP, though very similar estimates. ... the stationary Laffer curve and the maximum seigniorage as a percentage of GDP for the case.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-nicolini.pdf

Credit, Money, Interest and Prices

26 Nov 2018 Research Workshop PDF 1403KB
However, when households ap-proach borrowing limits, they switch to the inefficient choice.3 This mechanism maps GDP tothe fraction of borrowing constrained agents.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-bigio.pdf

Missing Growth from Creative Destruction Philippe Aghion, Antonin Bergeaud ...

20 Nov 2018 Research Workshop PDF 339KB
8. 9 4% 1. 9 (6%) = 2.9%. Presuming it correctly evaluates the growth in nominal GDP to be 4%, the.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-huiyu-li.pdf

Mortgage Prepayment and Path-Dependent Effects of Monetary Policy∗ David ...

20 Nov 2018 Research Workshop PDF 691KB
See Greenwald (2017) and Greenwald, Landvoigt and Van Nieuwerburgh (2018) for representative agent GEmodels with production where mortgage rate driven spending effects translate to important real GDP effects.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-berger.pdf

QUANTITATIVE EASINGEmail: w.cui@ucl.ac.uk and v.sterk@ucl.ac.uk. We thank Marios Angeletos, Richard Harrison, and seminar participants at…

18 Nov 2018 Research Workshop PDF 872KB
in real GDP of 0.58 percent and an increase in inflation of 0.62 percent. ... to six percent of annual GDP. Figure 1 suggests that this increase was largely driven by.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf

Endogenous Technology Adoption and R&D as Sources of Business ...

21 Jun 2018 Research Workshop PDF 943KB
is a measure of cyclical fluctuations in GDP, specifically detrended real GDP per capita. ... following Comin and Gertler (2006) we detrend GDP using a bandpass filter to capture.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-comin.pdf