Search: fiscal transparency
RBA Glossary definition for fiscal transparency
fiscal transparency – The facility which enables investors and other interested parties to satisfy themselves as to the nature and quality of the decision process pursued by policy-makers in government or the corporate entity concerned. One of the 12 key standards identified by the Financial Stability Forum as the minimum required for good practice in sound financial systems. Fiscal transparency strengthens accountability of the government and decreases the risk of maintaining unsustainable policies.
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Star Wars at Central Banks
11 Feb 2021
RDP
2021-02
A benign explanation for central banks' lower research transparency levels might be the preliminary status of discussion papers. ... Burlig F (2018), ‘Improving Transparency in Observational Social Science Research: A Pre-Analysis Plan Approach’,
https://www.rba.gov.au/publications/rdp/2021/2021-02/full.html
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Public Sector Growth and the Current Account in Australia: A Longer Run Perspective
19 Nov 2012
RDP
PDF
1267KB
RDP1990-02
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9002.pdf
Research Discussion Papers – 1988
31 Dec 1988
RDP
RDP 8813 The Fiscal Deficit and the Current Account: Twins or Distant Relatives?.
https://www.rba.gov.au/publications/rdp/1988/
Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
16 Mar 2023
RDP
PDF
1288KB
et al (2020) given its parsimony, transparency and robustness, and to be consistent with previous.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf
Policy Implications
29 Sep 2015
RDP
2015-02
It is nevertheless important that – subject to confidentiality constraints – CCPs provide sufficient transparency about their exposures, risk models and frameworks to assist participants in modelling and managing their potential obligations in
https://www.rba.gov.au/publications/rdp/2015/2015-02/policy-implications.html
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The Intertemporal Government Budget Constraint and Tests for Bubbles
19 Nov 2012
RDP
PDF
650KB
is said to be engaging in bubble financing of it's fiscal deficit. ... residual for financing fiscal deficits. 22. APPENDIX 1: DATA SOURCES. Government Spending and Taxation.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8809.pdf
Economic Policy Settings and Terms of Trade Episodes
9 Dec 2014
RDP
2014-01
For much of the 20. th. century, fiscal policy has been relatively unresponsive to large movements in the terms of trade. ... In the most recent episode, fiscal policy has arguably been more countercyclical, especially at the time of the global financial
https://www.rba.gov.au/publications/rdp/2014/2014-01/eco-policy-settings-terms-trade-epi.html
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References
31 Dec 2013
RDP
2013-10
Journal of Monetary Economics. , 53(5), pp 1063–1093. Fernández-Villaverde J, PA Guerrón-Quintana, K Kuester and JF Rubio-Ramírez (2012), ‘Fiscal Volatility Shocks and Economic Activity’, NBER Working Paper ... Journal of Environmental Economics
https://www.rba.gov.au/publications/rdp/2013/2013-10/references.html
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DSGE Reno: Adding a Housing Block to a Small Open Economy Model
1 Apr 2018
RDP
2018-04
Fiscal policy is assumed passive with lump-sum taxation. The world economy is significantly less detailed. ... Following RSH, fiscal policy is assumed to be passive. The government issues bonds and raises lump-sum taxes for expenditures.
https://www.rba.gov.au/publications/rdp/2018/2018-04/full.html
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The World Economy from 1979 to 1988: Results from the MSG2 Model
19 Nov 2012
RDP
PDF
1398KB
14. Table 7: Sustained 1% GNP U.S. Fiscal Expansion (Deviation from Baseline). ... fiscal action. If foreign wages and prices are fixed, then the U.S.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8901.pdf