Search: monetary aggregates

Help
Contents
Metadata
Published
Display
per page
Results from
Sort by: Relevance Date
51–60 of 2,220 search results for monetary aggregates

RBA Glossary definition for monetary aggregates

monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector

Search Results

Appendix B: Additional Details on the Model

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
To estimate the implied effect of JobKeeper on aggregate employment in Section 8.1 we use the following formula,. ... Total employment effect. =. δ. 10.26. m. Autor et al (2020) use a similar calculation to estimate the aggregate effect of the PPP on US
https://www.rba.gov.au/publications/rdp/2020/2020-07/appendix-b.html
See 20 more results from "RDP 2020-07"

Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018

12 Apr 2018 Conferences
Ben Broadbent
The distinct Monetary Policy Committee (MPC) and Financial Policy Committee (FPC) should become a single ‘FMPC’. ... Differences in objectives also drive many results concerning fiscal and monetary policy coordination.
https://www.rba.gov.au/publications/confs/2018/broadbent.html

Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

29 Dec 2022 RDP PDF 1886KB
money demand. Since my SVAR does not include any monetary aggregates, I do not consider such restrictions. ... They also impose zero restrictions on the coefficients of some monetary aggregates in the monetary policy reaction.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-09.pdf

Wrap-up Panel Discussion

27 Nov 2023 Conferences PDF 144KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-panel-discussion.pdf

Financial System Liquidity, Asset Prices and Monetary Policy

27 Nov 2006 Conferences PDF 279KB
RBA Conference Volume 2005
https://www.rba.gov.au/publications/confs/2005/pdf/shin.pdf

Aggregate Effects of Covenant Composition

25 Oct 2022 RDP 2022-05
Kim Nguyen
composition of covenants to capture the average partial response to a monetary policy shock. ... I examine how this has changed over time to quantify how changes in composition affected monetary policy pass-through.
https://www.rba.gov.au/publications/rdp/2022/2022-05/aggregate-effects-of-covenant-composition.html
See 18 more results from "RDP 2022-05"

Macrofinancial Stress Testing on Australian Banks

13 Sep 2023 RDP PDF 1940KB
banking system. Our approach draws on many of the characteristics that the International Monetary. ... from policy responses that mitigate stress (such as the monetary easing that would likely occur.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
MARTIN captures many features of the Australian economy and monetary policy transmission mechanism. ... Examining variables in a system allows us to isolate the roles that individual channels play in determining aggregate economic outcomes, and aids our
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
See 11 more results from "RDP 2019-07"

Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia

16 Mar 2023 RDP PDF 1288KB
whatever is inhibiting productive firms from investing is also holding back aggregate investment. ... have held back aggregate investment, with firm-level average investment declining most in.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf

References

19 Dec 2023 RDP 2023-09
RDP 2023-09: Does Monetary Policy Affect Non-mining Business Investment in Australia? ... Beckers B (2020), ‘Credit Spreads, Monetary Policy and the Price Puzzle’, RBA Research Discussion Paper No 2020-01.
https://www.rba.gov.au/publications/rdp/2023/2023-09/references.html