Search: MC
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
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
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
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
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
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
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