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RBA Glossary definition for HFCE

HFCE – household final consumption expenditure

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Appendix E: Extra VAR Results

14 Mar 2016 RDP 2016-01
Angus Moore
measures. The only exception is the ‘one lag’ specification. This specification eliminates the responses of investment, consumption and employment growth (and flips the sign of the response of durable goods HFCE
https://www.rba.gov.au/publications/rdp/2016/2016-01/appendix-e.html

Measuring Economic Uncertainty and Its Effects

1 Feb 2016 RDP 2016-01
Angus Moore
Notes: Machinery and equipment (M&E) investment growth, durable goods household final consumption expenditure (HFCE) growth and employment growth are annualised; omitted responses are in Figure E3; estimation covers June quarter
https://www.rba.gov.au/publications/rdp/2016/2016-01/full.html

The Effects of Uncertainty on the Australian Economy

14 Mar 2016 RDP 2016-01
Angus Moore
Notes: Machinery and equipment (M&E) investment growth, durable goods household final consumption expenditure (HFCE) growth and employment growth are annualised; omitted responses are in Figure E3; estimation covers June quarter
https://www.rba.gov.au/publications/rdp/2016/2016-01/the-effects-of-uncertainty-on-the-australian-economy.html