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Introduction

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
Most loans are variable rate, and even the fixed-rate loans tend to have rates fixed for less than three years (far less than the 30-year mortgages common in the ... Forecasted amplifications would be smaller, as some combination of fiscal, monetary and
https://www.rba.gov.au/publications/rdp/2022/2022-01/introduction.html

How Might COVID-19 Have Affected the Banking Sector and What Feedback Would This Have Had on the Real Economy?

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
This is obviously unrealistic, as both monetary and fiscal policies would respond differently if the economic outcomes were different. ... Moreover, by spreading the cost of capital replenishment across new and existing loans, the financial accelerator
https://www.rba.gov.au/publications/rdp/2022/2022-01/how-might-covid-19-have-affected-the-banking-sector-and-what-feedback-would-this-have-had-on-the-real-economy.html

MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
Most loans are variable rate, and even the fixed-rate loans tend to have rates fixed for less than three years (far less than the 30-year mortgages common in the ... credit supply, resulting in a much larger financial accelerator mechanism than with our
https://www.rba.gov.au/publications/rdp/2022/2022-01/full.html