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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New Financial Stability Governance and Central Banks | Conference – 2017
16 Mar 2017
Conferences
and CB communications on macroprudential policy and financial stability topics, which they interpret as capturing transparency and accountability. ... broaden support for the agencies' action as well as result in greater transparency for the decision.
https://www.rba.gov.au/publications/confs/2017/edge-liang.html
Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
The problem could be exacerbated if the sovereign's creditworthiness came under strain: historically, fiscal crises have often occurred on the heels of financial crises (e.g. ... Jordà, Schularick and Taylor 2016). This is partly because financial booms
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
The Australian Government's Current Approach to Monetary Policy: An Evaluation
7 Dec 2006
Conferences
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RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/stemp.pdf
Discussion | Conference – 2018
12 Apr 2018
Conferences
This led to some discussion on transparency and communication. A participant noted that these had previously been agreed as two key pillars of an effective inflation-targeting regime, and that they ... Lastly, the point was made that the role of fiscal
https://www.rba.gov.au/publications/confs/2018/broadbent-disc.html
Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach
1 Feb 2017
RDP
2017-01
Publishing estimates of uncertainty can also enhance a central bank's transparency, credibility, and accountability. ... Fiscal policy represents another area where conditioning assumptions could have implications for using historical forecast errors to
https://www.rba.gov.au/publications/rdp/2017/2017-01/full.html
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It Takes More Than a Bubble to Become Japan | Conference – 2003
18 Aug 2003
Conferences
From that point onwards, fiscal policy tended to be contractionary, and public investment has been declining since 1998. ... Of course, a package combining fiscal and monetary stimulus would have been best.
https://www.rba.gov.au/publications/confs/2003/posen.html
QUANTITATIVE EASINGEmail: w.cui@ucl.ac.uk and v.sterk@ucl.ac.uk. We thank Marios Angeletos, Richard Harrison, and seminar participants at…
18 Nov 2018
Research Workshop
PDF
872KB
assets. Cui (2016) studies the optimal monetary-fiscal policy mix in a model in which the.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
Minutes of discussions (without names) and voting records (with names) were to be disclosed with a delay of about one month, as a part of enhanced transparency. ... In Japan, one additional consideration is the impact of deflation on fiscal settings.
https://www.rba.gov.au/publications/confs/2004/ito.html
Central Counterparty Loss Allocation and Transmission of Financial Stress
16 Mar 2015
RDP
PDF
1285KB
One goal of the reform program is to ‘make derivative markets safer’ by reducing interconnectedness, improving counterparty risk management and increasing transparency.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-02.pdf
Restructuring and Reform: China 2016 | Conference – 2016
18 Mar 2016
Conferences
For firms judged to be in competitive industries, the current wave of reforms will likely improve transparency, clarify accountability and contribute to the development of equity markets. ... For instance, Moody's rated the bonds AAA, the highest
https://www.rba.gov.au/publications/confs/2016/naughton.html