RBA Annual Conference – 2023 Inflation
Sydney,
The Reserve Bank of Australia's annual research conference brought together senior central bankers; economists from think tanks and the public and private sectors; and academics to look at the current inflationary challenge. This included a consideration of the nature and causes of the current inflation, the economic consequences and the policy challenges. The conference concluded with a Panel Discussion that considered the implications of the inflationary experience.
The Conference was conducted under the Chatham House rule.
Papers
Section One: Comparison of Global and Australian Inflation
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Pandemic-era Inflation Drivers and Global Spillovers
(presentation) 1.1MB -
Discussant: John Romalis, Macquarie University
(presentation) 540KB -
General discussion
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Inflation and Inequality: How High Inflation is Affecting Different Australian Households
(presentation) 2MB -
Discussant: Cassandra Goldie, Australian Council of Social Service (presentation)
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General discussion
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Decomposing Supply and Demand Driven Inflation
(presentation) 850KB -
Discussant: Benjamin Beckers, Reserve Bank of Australia
(presentation) 545KB -
General discussion
Section Two: Economic Consequences
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Wage-Price Spirals: What Is the Historical Evidence?
(presentation) 1.5MB -
General discussion
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Competition, Markups, and Inflation: Evidence from Australian Firm-level Data
(presentation) 2.20MB -
Discussant: Petr Sedláček, University of New South Wales
(presentation) 1.3MB -
General discussion
Section Three: Policy Consequences
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Monetary Policy Frameworks Away from the ELB
(presentation) 3.5MB -
Discussant: Penelope Smith, Reserve Bank of Australia (presentation)
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General discussion
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Discussant: Bruce Preston, University of Melbourne
(presentation) 3.5MB -
General discussion
Section Four: Policy Panel
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Wrap-up Panel Discussion
Contributors and Participants
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Biographies of Presenters
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List of Participants