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RBA Glossary definition for MC

MC – Markets Committee (of the BIS)

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The Efficiency of Central Clearing: A Segmented Markets Approach

24 Oct 2016 RDP PDF 2054KB
More formally, prices. and allocations at time t and market m are time invariant functions: :mp S , :mc S. ...  , :mc S ,. :ms S and :ms S.  , where the state space   2,m mS y  is defined for each market
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-07.pdf

Estimating the Aggregate NKPC via GMM

31 Dec 2010 RDP 2010-01
Adam Cagliarini, Tim Robinson and Allen Tran
where: ω is the share of firms that index their prices; ø = θ ω[1 – θ(1 – β)]; and mc. ... Also, note that if the e. λ,j. and mc. jt. were independent then it would be possible to express the moment condition as. =
https://www.rba.gov.au/publications/rdp/2010/2010-01/estimating-aggregate.html
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Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness

19 Mar 2010 RDP PDF 461KB
5. where: π j,t is inflation in sector j; β is the subjective discount factor of households;and mc j,t is the real marginal cost faced by firms in
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-01.pdf

References

18 May 2016 RDP 2016-03
Gianni La Cava and Callan Windsor
Journal of Banking & Finance. , 36(3), pp 898–912. Jensen MC (1986), ‘Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers’,.
https://www.rba.gov.au/publications/rdp/2016/2016-03/references.html
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Modelling Inflation in Australia

1 Jul 2010 RDP PDF 497KB
Reserve Bank of Australia. Reserve Bank of AustraliaEconomic Research Department. 2010. -03. RESEARCHDISCUSSIONPAPER. Modelling Infl ation inAustralia. David Norman and Anthony Richards. RDP 2010-03. MODELLING INFLATION IN AUSTRALIA. David Norman
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-03.pdf

Stress Testing the Australian Household Sector Using the HILDA Survey

5 Mar 2015 RDP PDF 1095KB
i i i i iFM Y DS MC R= , (1). ... where Y is household disposable income, DS is minimum debt-servicing costs (if any), MC is minimum consumption expenditure and R is rental payments (if any).
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-01.pdf

The Model

6 Apr 2018 RDP 2018-04
Christopher G Gibbs, Jonathan Hambur and Gabriela Nodari
The MC(k). j,t. are the marginal costs for firm k in sector j, which take the form:.
https://www.rba.gov.au/publications/rdp/2018/2018-04/the-model.html
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Appendix A: Log-linearised Equations of the Model

31 Dec 2013 RDP 2013-07
Sean Langcake and Tim Robinson
c. Consumption. i. Investment. w. Wages. va. Value added. mc. Marginal costs, domestic goods.
https://www.rba.gov.au/publications/rdp/2013/2013-07/appendix-a.html

References

31 Dec 2015 RDP 2015-13
Ivan Roberts and Graham White
Findley DF, BC Monsell, WR Bell, MC Otto and B-C Chen (1998), ‘New Capabilities and Methods of the X-12-ARIMA Seasonal-Adjustment Program’,.
https://www.rba.gov.au/publications/rdp/2015/2015-13/references.html

Appendix A: The Linearised Equations

31 Dec 2011 RDP 2011-02
Callum Jones and Mariano Kulish
Equations (A6) and (A7) give the supply-side relations, linking inflation to marginal costs mc.
https://www.rba.gov.au/publications/rdp/2011/2011-02/appendix-a.html