Search: appreciation
RBA Glossary definition for appreciation
appreciation – An increase in the value of an asset. In foreign-exchange terms, it is a relative increase in the value of one currency compared to another.
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Capital Flows, Hedge Funds and Market Failure: A Hong Kong Perspective | Conference – 1999
9 Aug 1999
Conferences
This is at best partially true. First, there is an asymmetry between betting on depreciation and appreciation of a currency. ... On the other hand, when the bet is on an appreciation, the central bank would have, in theory, an unlimited supply of
https://www.rba.gov.au/publications/confs/1999/yam.html
From the Washington Consensus to the New International Financial Architecture | Conference – 1999
9 Aug 1999
Conferences
Unlike the Mexican crisis of 1982, where external factors, such as a steep rise in the US interest rate and the sudden appreciation of the US dollar, played a major role ... Thus, as has been pointed out by many, including Paul Krugman, labour
https://www.rba.gov.au/publications/confs/1999/sakakibara.html
The Case for Inflation Targeting in East Asian Countries | Conference – 2001
24 Jul 2001
Conferences
If the capital inflows are more sustained and reflect improved fundamentals, an appreciation of the real exchange rate is likely to be required. ... It is generally preferable to achieve this real appreciation through an appreciation of the nominal
https://www.rba.gov.au/publications/confs/2001/debelle.html
Discussion on The Role of the Exchange Rate in Monetary Policy – the Experience of Other Countries | Conference – 1993
12 Jul 1993
Conferences
To achieve the necessary appreciation of the real value of the deutschemark (DM), other countries have had to experience lower inflation than in Germany. ... As a result, the system cracked. In particular, those countries whose currencies had experienced
https://www.rba.gov.au/publications/confs/1993/pesaran-lowe-disc.html
Discussion on Productivity: The Lost Decade | Conference – 2011
16 Aug 2011
Conferences
This has been masked somewhat by the moderate pace of tradables inflation since the early 2000s, primarily reflecting the appreciation of the exchange rate, which has contributed to aggregate inflation outcomes ... With the nominal exchange rate already
https://www.rba.gov.au/publications/confs/2011/eslake-disc.html
Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
The policy instrument is the nominal cash rate. Monetary policy reduces inflation by generating an output gap and an appreciation of the exchange rate. ... The appreciation of the nominal exchange rate induced by higher local interest rates also directly
https://www.rba.gov.au/publications/confs/1997/de-brouwer-oregan.html
Introduction | Conference – 1994
11 Jul 1994
Conferences
The appreciation has two effects. First, it redistributes part of the real income gains away from exporters, towards consumers of imports. ... Second, and perhaps more importantly, the appreciation reduces the Australian dollar price of imports.
https://www.rba.gov.au/publications/confs/1994/intro-94.html
A Perspective | Conference – 1992
10 Jul 1992
Conferences
In addition, it led to a real appreciation of the dollar that helped to moderate inflation, in effect shifting the short-term Phillips curve in a favourable direction. ... The appreciation itself had a contractionary effect, but I would guess that the
https://www.rba.gov.au/publications/confs/1992/corden.html
Taming the Real Estate Beast: The Effects of Monetary and Macroprudential Policies on Housing Prices and Credit | Conference – 2012
20 Aug 2012
Conferences
is expected nominal housing price appreciation. The property and income tax rates, τ. ... The second complication is that the risk premium, σ. t. , and the expected rate of real appreciation,. ,
https://www.rba.gov.au/publications/confs/2012/kuttner-shim.html
Property Prices and Bank Risk-taking | Conference – 2012
20 Aug 2012
Conferences
Could) limit household leverage and housing price appreciation. Loss of benefits from financial deepening. ... Could) limit leverage and price appreciation as well as sensitivity of banks to certain shocks.
https://www.rba.gov.au/publications/confs/2012/dellariccia.html