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1–4 of 4 collapsed search results for monetary aggregates

RBA Glossary definition for monetary aggregates

monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector

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BA-MARTIN in Detail

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
weights are mostly determined by aggregate variables – such as housing prices and unemployment – and therefore depend on the decisions made by all banks. ... 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
Anthony Brassil, Mike Major and Peter Rickards
Forecasted amplifications would be smaller, as some combination of fiscal, monetary and regulatory policies would respond to the amplified downturn. ... This is obviously unrealistic, as both monetary and fiscal policies would respond differently if the
https://www.rba.gov.au/publications/rdp/2022/2022-01/full.html

Read me file

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
Aggregate bank capital ratio data. Aggregate bank losses data. Aggregate bank debt funding costs data.
https://www.rba.gov.au/publications/rdp/2022/2022-01/read-me.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
Anthony Brassil, Mike Major and Peter Rickards
This is obviously unrealistic, as both monetary and fiscal policies would respond differently if the economic outcomes were different. ... the aggregate demand externalities are larger). Therefore, approximating the RBA's stress testing framework
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