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RBA Glossary definition for RBA

RBA – Reserve Bank of Australia. Australia's central bank, the body corporate successor to the Commonwealth Bank established in 1912; created under its new name by the Reserve Bank Act 1959.

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Is the Phillips Curve Still a Curve? Evidence from the Regions

31 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
Research Discussion Paper – RDP 2021-09 Is the Phillips Curve Still a Curve? Evidence from the Regions. James Bishop and Emma Greenland. August 2021. 1,785. KB. 631. KB. Supplementary information. inflation, labour market, monetary policy. The way
https://www.rba.gov.au/publications/rdp/2021/2021-09.html

Is the Phillips Curve Still a Curve? Evidence from the Regions

31 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
https://www.rba.gov.au/publications/rdp/2021/2021-09/sections.html

Appendix A: RBA Aggregate Wage Phillips Curve Specification, Coefficients and Implied Slope

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
Download the Paper 1,707. KB. The current RBA wage Phillips curve forecasting model is specified as. :. %. ... Table A1: RBA Wage Phillips Curve Model – Estimated Coefficients. Estimated on March 1998 – December 2019.
https://www.rba.gov.au/publications/rdp/2021/2021-09/appendix-a.html

Supplementary Information for RDP 2021-09: Is the Phillips Curve Still a Curve? Evidence from the Regions

31 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
Research Discussion Paper – RDP 2021-09 Is the Phillips Curve Still a Curve? Evidence from the Regions. James Bishop and Emma Greenland. August 2021. Details of the supplementary information available for this research discussion paper can be
https://www.rba.gov.au/publications/rdp/2021/2021-09/supplementary-information.html

Appendix D: Persistence in Unemployment Fluctuations

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
Download the Paper 1,707. KB. As discussed in Section 7.2.3, Hazell et al's (2020) framework suggests that both the RBA's aggregate model and the baseline regional ... Overall, this suggests that while our regional estimates are helpful for examining the
https://www.rba.gov.au/publications/rdp/2021/2021-09/appendix-d.html

Conclusion

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
current juncture with a central forecast for the unemployment rate to fall to a four-decade low over the next few years (RBA 2021b). ... Our estimates of the slope and convexity of the Phillips curve are remarkably close to those from the RBA's current
https://www.rba.gov.au/publications/rdp/2021/2021-09/conclusion.html

Robustness

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
In contrast, in the RBA's aggregate model, wages growth depends on both the level of the unemployment gap and the change in the unemployment rate (see Appendix A).
https://www.rba.gov.au/publications/rdp/2021/2021-09/robustness.html

Appendix C: Geographic Classifications and Robustness

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
RDP 2021-09: Is the Phillips Curve Still a Curve? Evidence from the Regions Appendix C: Geographic Classifications and Robustness. James Bishop and Emma Greenland. September 2021. Download the Paper 1,707. KB. As discussed in Section 8.1, we examine
https://www.rba.gov.au/publications/rdp/2021/2021-09/appendix-c.html

Is the Phillips Curve Still a Curve? Evidence from the Regions

31 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
The time series data underlying the RBA's aggregate model estimate are not provided in this supplementary material. ... Figures 3 and 4 are generated in ‘RBA Aggregate Models - calculations.xlsx’ in the ‘output’ subfolder.
https://www.rba.gov.au/publications/rdp/2021/2021-09/read-me.html

Appendix B: Local Labour Market Definitions

1 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
RDP 2021-09: Is the Phillips Curve Still a Curve? Evidence from the Regions Appendix B: Local Labour Market Definitions. James Bishop and Emma Greenland. September 2021. Download the Paper 1,707. KB. US studies often use ‘commuting zones’ to
https://www.rba.gov.au/publications/rdp/2021/2021-09/appendix-b.html