Search: Real interest rate
RBA Glossary definition for Real interest rate
Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
Search Results
Appendix A: The Affine Term Structure Model
27 Feb 2018
RDP
2018-02
RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia Appendix A: The Affine Term Structure Model. ... t. 1. ; for any random variable Z. t. 1. ,. where. without a superscript is
https://www.rba.gov.au/publications/rdp/2018/2018-02/appendix-a.html
Appendix D: Descriptive Statistics
27 Feb 2018
RDP
2018-02
RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia Appendix D: Descriptive Statistics. ... 0.987. 0.988. 0.988. 0.988. na. Real. Mean (ppt). na. na. na.
https://www.rba.gov.au/publications/rdp/2018/2018-02/appendix-d.html
Robustness Checks
27 Feb 2018
RDP
2018-02
RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia 5. ... Nominal and real interest rates, and term premia, follow fairly similar paths to those estimated using the full sample,
https://www.rba.gov.au/publications/rdp/2018/2018-02/robustness-checks.html
Appendix B: The JSZ Normalisation
27 Feb 2018
RDP
2018-02
RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia Appendix B: The JSZ Normalisation. ... as desired. The survey data are assumed to be noisy observations on the true underlying
https://www.rba.gov.au/publications/rdp/2018/2018-02/appendix-b.html
Read Me File for RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in…
1 Feb 2018
RDP
2018-02
Research Discussion Paper – RDP 2018-02 Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia. ... Both are found in the ‘Real rate zero coupon’ subfolder. To run, run the
https://www.rba.gov.au/publications/rdp/2018/2018-02/read-me.html
Data and Estimation
27 Feb 2018
RDP
2018-02
RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia 3. ... Consistent with Abrahams et al (2016) we use the first K principal components from a panel of nominal interest rates.
https://www.rba.gov.au/publications/rdp/2018/2018-02/data-and-estimation.html
References
27 Feb 2018
RDP
2018-02
RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia References. ... Vlieghe G (2017), ‘Real Interest Rates and Risk’, Speech given at The Society of Business Economists Annual
https://www.rba.gov.au/publications/rdp/2018/2018-02/references.html
Supplementary information for RDP 2018-02: Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest…
1 Feb 2018
RDP
2018-02
Research Discussion Paper – RDP 2018-02 Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia.
https://www.rba.gov.au/publications/rdp/2018/2018-02/supplementary-information.html