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RBA Glossary definition for depreciation

depreciation – A fall in the value of an asset. In foreign-exchange terms, it is a relative decrease in the value of one currency compared to another.

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Data Appendix

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
We perform our simulations by setting. DEPRECIATION (t) = d NET CAPITAL STOCK (t1). ... Table C1 compares simulations using a depreciation rate of 0.065 and the official figures (ABS Catalogue No.
https://www.rba.gov.au/publications/rdp/1990/9004/data-appendix.html

Trends in Saving and Investment

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
Net saving rates are calculated by deducting from income the estimated depreciation of the capital stock. ... Hayashi (1989) has recently estimated a depreciation rate of 9.8 per cent in Japan.
https://www.rba.gov.au/publications/rdp/1990/9004/trends-in-saving-and-investment.html

Saving and Investment

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
a depreciation rate would have to be added to obtain an estimate of the real level of capital costs). ... F = production function. I. t. = investment. δ = rate of depreciation. '
https://www.rba.gov.au/publications/rdp/1990/9004/saving-and-investment.html

Conclusions

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
sector. Secondly, household saving is usually quoted in net of depreciation terms, but the depreciation estimates are unreliable and highly sensitive to assumptions used in their construction.
https://www.rba.gov.au/publications/rdp/1990/9004/conclusions.html

Bibliography

1 Aug 1990 RDP 9004
Malcolm Edey and Mark Britten-Jones
Walters, R. and Dippelsman, R. (1985), “Estimates of Depreciation and Capital Stock, Australia”, Occasional Papers, Australian Bureau of Statistics.
https://www.rba.gov.au/publications/rdp/1990/9004/bibliography.html