Research Discussion Papers 2001–2010
2010
RDP2010-05
Direct Effects of Money on Aggregate Demand: Another Look at the Evidence
Stephen Elias and Mariano Kulish
RDP2010-04
Employment Composition: A Study of Australian Employment Growth, 2002–2006
Jeremy Lawson and Crystal Ossolinski
RDP2010-03
Modelling Inflation in Australia
David Norman and Anthony Richards
RDP2010-02
Learning in an Estimated Small Open Economy Model
Jarkko Jääskelä and Rebecca McKibbin
RDP2010-01
Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Adam Cagliarini, Tim Robinson and Allen Tran
2009
RDP2009-10
Global Relative Price Shocks: The Role of Macroeconomic Policies
Adam Cagliarini and Warwick McKibbin
RDP2009-09
Volatility
in International Capital Movements
Chris Becker and Clare Noone
RDP2009-08
Leverage
Constraints and the International Transmission of
Shocks
Michael B Devereux and James Yetman
RDP2009-07
Estimating
Marginal Propensities to Consume in Australia Using
Micro Data
Laura Berger-Thomson, Elaine Chung and Rebecca
McKibbin
RDP2009-06
Inflation
Volatility and Forecast Accuracy
Jamie Hall and Jarkko Jääskelä
RDP2009-05
Macroeconomic
Volatility and Terms of Trade Shocks
Dan Andrews and Daniel Rees
RDP2009-04
Price
Incentives and Consumer Payment Behaviour
John Simon, Kylie Smith and Tim West
RDP2009-03
Competition
Between Payment Systems: Results
George Gardner and Andrew Stone
RDP2009-02
Competition
Between Payment Systems
George Gardner and Andrew Stone
RDP2009-01
Currency
Misalignments and Optimal Monetary Policy: A
Re-examination
Charles Engel
2008
RDP2008-10
Solving Linear Rational Expectations Models
with Predictable Structural Changes
Adam Cagliarini and Mariano Kulish
RDP2008-09
A Term Structure Decomposition of the
Australian Yield Curve
Richard Finlay and Mark Chambers
RDP2008-08
The Role of International Shocks in Australia's
Business Cycle
Philip Liu
RDP2008-07
A Medium-scale Open Economy Model of Australia
Jarkko Jääskelä and Kristoffer Nimark
RDP2008-06
Promoting Liquidity: Why and How?
Jonathan Kearns and Philip Lowe
RDP2008-05
Understanding the Flattening Phillips Curve
Ken Kuttner and Tim Robinson
RDP2008-04
A Small BVAR-DSGE Model for Forecasting
the Australian Economy
Andrew Hodge, Tim Robinson and Robyn Stuart
RDP2008-03
Monetary Transmission and the Yield Curve in a Small Open Economy
Mariano Kulish and Daniel Rees
RDP2008-02
Combining Multivariate Density Forecasts
Using Predictive Criteria
Hugo Gerard and Kristoffer Nimark
RDP2008-01
A Sectoral Model of the Australian Economy
Jeremy Lawson and Daniel Rees
2007
RDP2007-12
Dynamic Pricing and Imperfect Common Knowledge
Kristoffer Nimark
RDP2007-11
Global Imbalances and the Global Saving Glut – A Panel Data Assessment
Anthony Legg, Nalini Prasad and Tim Robinson
RDP2007-10
Trade Costs and Some Puzzles in International Macroeconomics
Luke Willard
RDP2007-09
Private Business Investment in Australia
Lynne Cockerell and Steven Pennings
RDP2007-08
The Effect of the Australian Superannuation Guarantee on Household Saving Behaviour
Ellis Connolly
RDP2007-07
More Potent Monetary Policy? Insights from a Threshold Model
Jarkko Jääskelä
RDP2007-06
The Butterfly Effect of Small Open Economies
Jarkko Jääskelä and Mariano Kulish
RDP2007-05
Labour Force Participation and Household Debt
Rochelle Belkar, Lynne Cockerell and Rebecca Edwards
RDP2007-04
Productivity Growth: The Effect of Market Regulations
Christopher Kent and John Simon
RDP2007-03
Forecasting with Factors: The Accuracy of Timeliness
Christian Gillitzer and Jonathan Kearns
RDP2007-02
Current Account Deficits: The Australian Debate
Rochelle Belkar, Lynne Cockerell and Christopher Kent
RDP2007-01
A Structural Model of Australia as a Small Open Economy
Kristoffer Nimark
2006
RDP2006-12
Housing and Housing Finance:
The View from Australia and Beyond
Luci Ellis
RDP2006-11
Component-smoothed Inflation: Estimating the Persistent
Component of Inflation in Real Time
Christian Gillitzer and John Simon
RDP2006-10
The Performance of Trimmed Mean Measures of Underlying Inflation
Andrea Brischetto and Anthony Richards
RDP2006-09
Limiting Foreign Exchange Exposure through Hedging:
The Australian Experience
Chris Becker and Daniel Fabbro
RDP2006-08
A Survey of Housing Equity Withdrawal and
Injection in Australia
Carl Schwartz, Tim Hampton, Christine Lewis and David Norman
RDP2006-07
Household Saving and Asset Valuations in Selected
Industrialised Countries
Paul Hiebert
RDP2006-06
Ageing, Retirement and Savings:
A General Equilibrium Analysis
Mariano Kulish, Kathryn Smith and Christopher Kent
RDP2006-05
Optimal Monetary Policy with Real-time
Signal Extraction from the Bond Market
Kristoffer Nimark
RDP2006-04
Measuring Housing Price Growth – Using Stratification
to Improve Median-based Measures
Nalini Prasad and Anthony Richards
RDP2006-03
Australian House Prices:
A Comparison of Hedonic and Repeat-sales Measures
James Hansen
RDP2006-02
Term Structure Rules for Monetary Policy
Mariano Kulish
RDP2006-01
Modelling Manufactured Exports:
Evidence from Australian States
David Norman
2005
RDP2005-12
Financial Constraints, the User Cost of Capital
and Corporate Investment in Australia
Gianni La Cava
RDP2005-11
A Small Model of the Australian Macroeconomy: An Update
Andrew Stone, Troy Wheatley and Louise Wilkinson
RDP2005-10
Housing and the Household Wealth Portfolio:
The Role of Location
Marion Kohler and Kylie Smith
RDP2005-09
The US Current Account Deficit:
A Re-examination of the Role of Private Saving
Charles Engel
RDP2005-08
Declining Output Volatility:
What Role for Structural Change?
Christopher Kent, Kylie Smith and James Holloway
RDP2005-07
The Australian Business Cycle:
A Coincident Indicator Approach
Christian Gillitzer, Jonathan Kearns and Anthony Richards
RDP2005-06
Credit and Monetary Policy: An Australian SVAR
Leon Berkelmans
RDP2005-05
Underlying Inflation: Concepts,
Measurement and Performance
Ivan Roberts
RDP2005-04
Monetary Policy, Asset-price Bubbles and
the Zero Lower Bound
Tim Robinson and Andrew Stone
RDP2005-03
Property Owners in Australia: A Snapshot
Marion Kohler and Anthony Rossiter
RDP2005-02
The Impact of Monetary Policy on the Exchange Rate:
A Study Using Intraday Data
Jonathan Kearns and Phil Manners
RDP2005-01
Long-term Patterns in Australia's Terms of Trade
Christian Gillitzer and Jonathan Kearns
2004
RDP2004-11
Trade Openness: An Australian Perspective
Simon Guttmann and Anthony Richards
RDP2004-10
News and Interest Rate Expectations:
A Study of Six Central Banks
Ellis Connolly and Marion Kohler
RDP2004-09
Co-movement of Australian State Business Cycles
David Norman and Thomas Walker
RDP2004-08
Housing Construction Cycles and Interest Rates
Laura Berger-Thomson and Luci Ellis
RDP2004-07
The Profitability of Speculators in Currency Futures Markets
Jonathan Kearns and Phil Manners
RDP2004-06
Profitability of Reserve Bank Foreign Exchange Operations:
Twenty Years After The Float
Chris Becker and Michael Sinclair
RDP2004-05
Big Fish in Small Ponds: The Trading Behaviour and
Price Impact of Foreign Investors in Asian Emerging Equity Markets
Anthony Richards
RDP2004-04
Inflation Convergence Across Countries
Markus Hyvonen
RDP2004-03
Fear of Sudden Stops: Lessons from Australia and Chile
Ricardo J Caballero, Kevin Cowan and Jonathan Kearns
RDP2004-02
The Impact of Rating Changes in Australian Financial Markets
Adam Creighton, Luke Gower and Anthony Richards
RDP2004-01
The Impact of Superannuation on Household Saving
Ellis Connolly and Marion Kohler
2003
RDP2003-12
The Real-time Forecasting Performance of Phillips Curves
Tim Robinson, Andrew Stone and Marileze van Zyl
RDP2003-11
How Should Monetary Policy Respond to Asset-price Bubbles?
David Gruen, Michael Plumb and Andrew Stone
RDP2003-10
Productivity and Inflation
Tim Bulman and John Simon
RDP2003-09
Housing Leverage in Australia
Luci Ellis, Jeremy Lawson and Laura Roberts-Thomson
RDP2003-08
A Tale of Two Surveys: Household Debt and Financial
Constraints in Australia
Gianni La Cava and John Simon
RDP2003-07
Housing Wealth, Stock Market Wealth and Consumption:
A Panel Analysis for Australia
Nikola Dvornak and Marion Kohler
RDP2003-06
The Characteristics and Trading Behaviour of
Dual-listed Companies
Jaideep Bedi, Anthony Richards and Paul Tennant
RDP2003-05
What Do Financial Market Data Tell Us About
Monetary Policy Transparency?
Jonathan Coppel and Ellis Connolly
RDP2003-04
Identifying the Efficacy of Central Bank Interventions:
Evidence from Australia
Jonathan Kearns and Roberto Rigobon
RDP2003-03
Australia's Medium-run Exchange Rate:
A Macroeconomic Balance Approach
Nikola Dvornak, Marion Kohler and Gordon Menzies
RDP2003-02
Do Collective Action Clauses Influence Bond Yields?
New Evidence from Emerging Markets
Mark Gugiatti and Anthony Richards
RDP2003-01
Business Surveys and Economic Activity
Chris Aylmer and Troy Gill
2002
RDP2002-08
Currency Crises and Macroeconomic Performance
Luke Gower and Alan Krause
RDP2002-07
An Exploration of Marginal Attachment to
the Australian Labour Market
Matthew Gray, Alexandra Heath and Boyd Hunter
RDP2002-06
Output Gaps in Real Time:
Are They Reliable Enough to Use for Monetary Policy?
David Gruen, Tim Robinson and Andrew Stone
RDP2002-05
Real-time National Accounts Data
Andrew Stone and Sharon Wardrop
RDP2002-04
Labour Market Adjustment in Regional Australia
Jeremy Lawson and Jacqueline Dwyer
RDP2002-03
International Financial Liberalisation and
Economic Growth
Ben McLean and Sona Shrestha
RDP2002-02
Australian Use of Information Technology and
its Contribution to Growth
John Simon and Sharon Wardrop
RDP2002-01
Inflation Targeting and the Inflation Process:
Some Lessons from an Open Economy
Guy Debelle and Jenny Wilkinson
2001
RDP2001-10
A Select Bibliography of Published Research by
Staff of the Reserve Bank of Australia: 1991–2001
Susan Hornby and Ivan Roberts
RDP2001-09
What do Sentiment Surveys Measure?
Ivan Roberts and John Simon
RDP2001-08
City Sizes, Housing Costs, and Wealth
Luci Ellis and Dan Andrews
RDP2001-07
A History of Last-resort Lending and Other Support
for Troubled Financial Institutions in Australia
Bryan Fitz-Gibbon and Marianne Gizycki
RDP2001-06
The Effect of Macroeconomic Conditions on Banks'
Risk and Profitability
Marianne Gizycki
RDP2001-05
Understanding OECD Output Correlations
Glenn Otto, Graham Voss and Luke Willard
RDP2001-04
Measuring the Real Exchange Rate:
Pitfalls and Practicalities
Luci Ellis
RDP2001-03
The Response of Financial Markets in Australia and
New Zealand to News about the Asian Crisis
Luci Ellis and Eleanor Lewis
RDP2001-02
Changes in the Determinants of Inflation in Australia
Jacqueline Dwyer and Kenneth Leong
RDP2001-01
The Decline in Australian Output Volatility
John Simon