Search: year-average growth
RBA Glossary definition for year-average growth
year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.
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Research Workshop – 2018
14 Dec 2018
Research Workshop
The Reserve Bank of Australia 2018 research workshop, 'Quantitative Macroeconomics'
https://www.rba.gov.au/publications/workshops/research/2018/
Productivity and Misallocation in GeneralEquilibrium David Rezza Baqaee LSE ...
4 Dec 2018
Research Workshop
PDF
330KB
TFP growth over the period 1997-2015. We implement our structural results and. ... Allocative efficiencyand output decrease (increase) if its markup is larger (smaller) than the average markup.
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
in the first round and a third in the ballotage the year before. ... think it is an AR(1) process although they are unsure about the long run average level of.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-nicolini.pdf
Heterogeneous Global Cycles ∗ Maryam Farboodi MIT Péter Kondor ...
2 Dec 2018
Research Workshop
PDF
3705KB
and high growth. However, during busts the firms in these countries can obtain new credit only at. ... transparency ω. Let ωc = Ec[ω] denote the implied transparency of country c, which is defined asthe average transparency of the firms in that country
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-farboodi.pdf
Credit, Money, Interest and Prices
26 Nov 2018
Research Workshop
PDF
1403KB
rates. The average interbank rate is endoge-nous and equal to ı̄ ft. ... 8)With this function, we obtain the average cost function in (2) through:.
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
misses some growth because inflation is likely to be below-average for items. ... contribution to missing growth on average over 1983–2013, which totals 54 basis.
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
8. 10. 1990m1 2000m1 2010m1 2020m1. Average Outstanding Mortgage Rate Current 30 Year FRM. ... 19For the current 30 year mortgage fixed rate, we use the current average 30 year agency conforming rate as provided byFreddie Mac.
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
2018) estimate an. average MPC of 63 percent in the first year, based on high-quality administrative data on. ... spend on average 17 percent of additional liquid wealth. Over the first year, the MPC out.
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
an endogenous decline in capacity growth. Hall (2014) emphasizes how the collapse in. ... a three year centered moving average. The figure reveals a positive correlation between the.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-comin.pdf
Trading Down and the Business Cycle
4 Jan 2018
Research Workshop
PDF
894KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-arlene-wong.pdf