Search: financial aggregates
RBA Glossary definition for financial aggregates
financial aggregates – A Reserve Bank of Australia data series specifying measures of the supply of money and credit. It includes some or all of: currency on issue; current deposits with banks; other deposits of the private non-bank sector with banks; borrowings from the private sector by non-bank depository corporations; and credit (loans, advances and bills discounted to the private sector).
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China's Evolving Monetary Policy Framework in International Context
9 Dec 2019
RDP
2019-11
financial markets, interest rates, mining, monetary policy, money, open economy. China's monetary policy framework has evolved considerably over the years. ... arrangements. Fourth, our empirical analysis of monetary policy transmission points to both
https://www.rba.gov.au/publications/rdp/2019/2019-11.html
China's Evolving Monetary Policy Framework in International Context
1 Dec 2019
RDP
2019-11
Financial stability. Exchange rate stability. na. GDP growth: 6–6.5. Unemployment: 5.5. ... Low and stable inflation Full employment Financial stability. 1993. Target range of 2–3.
https://www.rba.gov.au/publications/rdp/2019/2019-11/full.html
Introduction
9 Dec 2019
RDP
2019-11
For instance, Fernald, Spiegel and Swanson (2014, p 101) suggest that ongoing institutional changes in China and ‘the liberalization of China's economy to date, particularly in its financial sector, has ... That said, we also acknowledge that a range
https://www.rba.gov.au/publications/rdp/2019/2019-11/introduction.html
Monetary Policy Transmission
9 Dec 2019
RDP
2019-11
and the near-constant state of change in the structure of the Chinese financial markets and wider economy. ... aggregates reflects idiosyncratic shocks to money demand rather than fundamental changes in monetary policy (e.g.
https://www.rba.gov.au/publications/rdp/2019/2019-11/monetary-policy-transmission.html
The Institutional Design Framework for Monetary Policy
9 Dec 2019
RDP
2019-11
with Shanghai a financial centre of global repute – ground to a halt through the 1930s and 1940s. ... Council, formulate and implement monetary policy, prevent and mitigate financial risks, and maintain financial stability’ (unofficial translation).
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-institutional-design-framework-for-monetary-policy.html
The PBC's Objectives and Operational Framework
9 Dec 2019
RDP
2019-11
Financial stability. Exchange rate stability. na. GDP growth: 6–6.5. Unemployment: 5.5. ... Low and stable inflation Full employment Financial stability. 1993. Target range of 2–3.
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-pbcs-objectives-and-operational-framework.html
Non-technical summary for ‘China's Evolving Monetary Policy Framework in International Context’
1 Dec 2019
RDP
2019-11
Another reason why China's monetary policy framework can be difficult to trace stems from its constant evolution, alongside profound changes in the economy and financial system. ... For instance, while output and bond yields in China are now more closely
https://www.rba.gov.au/publications/rdp/2019/2019-11/non-technical-summary.html