Search: aggregate demand
RBA Glossary definition for aggregate demand
aggregate demand – Gross domestic product as measured by the sum of final expenditure on goods and services produced.
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BA-MARTIN in Detail
18 Jan 2022
RDP
2022-01
The result is that banks make different choices to what a monopolist would choose, thereby causing what is known as an ‘aggregate demand externality’. ... With four major banks, each of the majors would likely account for the effects of their
https://www.rba.gov.au/publications/rdp/2022/2022-01/ba-martin-in-detail.html
MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model
18 Jan 2022
RDP
2022-01
The result is that banks make different choices to what a monopolist would choose, thereby causing what is known as an ‘aggregate demand externality’. ... weights are mostly determined by aggregate variables – such as housing prices and
https://www.rba.gov.au/publications/rdp/2022/2022-01/full.html
How Might COVID-19 Have Affected the Banking Sector and What Feedback Would This Have Had on the Real Economy?
18 Jan 2022
RDP
2022-01
the aggregate demand externalities are larger). Therefore, approximating the RBA's stress testing framework requires a lower. ... large reductions in credit demand (due to the original COVID-19 downside scenario shocks).
https://www.rba.gov.au/publications/rdp/2022/2022-01/how-might-covid-19-have-affected-the-banking-sector-and-what-feedback-would-this-have-had-on-the-real-economy.html