Search: lending and credit aggregates

Sort by: Relevance Date
1–7 of 7 collapsed search results for lending and credit aggregates

RBA Glossary definition for lending and credit aggregates

lending and credit aggregates – Reserve Bank of Australia measures of lending and credit made available to the private non-finance sector (including public trading enterprises) or, the government sector by those financial intermediaries whose liabilities are included in broad money. Broad money is defined as currency plus bank current deposits of the private non-bank sector, plus all other bank deposits of the private non-bank sector plus borrowings from the private sector by non-bank financial intermediaries (NBFIs), less the latter's holdings of currency and bank deposits.

Search Results

The Relationship between Financial Indicators and Economic Activity: Some Further Evidence

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1989/8903.html

Data

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
the yield on 90-day bank-accepted bills;. monetary aggregates M1, M3, and broad money;. ... lending/credit aggregates bank lending, lending by all financial intermediaries (AFI lending) and credit; and.
https://www.rba.gov.au/publications/rdp/1989/8903/data.html

VAR Estimation Results

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
There are a number of instances of complex relationships between the bill rate and the financial aggregates, where lags of the aggregate help explain the bill rate and vice versa. ... Similar conclusions are evident: the broad lending and credit
https://www.rba.gov.au/publications/rdp/1989/8903/var-estimation-results.html

Appendix B: Tests using Alternative Data

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
AFI lend. Nom GDP. Credit. Nom GDP. 1.458. 0.284. Nom GDP. ... Broad money, AFI lending, Credit, TWI – quadratic time trend. Results for tests using detrended data are available from the authors on request.
https://www.rba.gov.au/publications/rdp/1989/8903/appendix-b.html

Introduction

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
Download the Paper 1,507. KB. The role of money and credit in the economy, and particularly the empirical relationships between monetary and credit aggregates and measures of economic activity, have ... Broad monetary and credit aggregates tended to be
https://www.rba.gov.au/publications/rdp/1989/8903/introduction.html

Conclusions

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
Download the Paper 1,507. KB. On the basis of the results, there is further support for the notion that measures of economic activity lead the broader lending/credit aggregates, which ... No consistent leading or lagging relationship for the narrower
https://www.rba.gov.au/publications/rdp/1989/8903/conclusions.html

Appendix C: Data

1 Jun 1989 RDP 8903
Glenn Stevens and Susan Thorp
bank lending is lending (including bills discounted) to the private sector by trading and savings banks;. ... credit is AFI lending plus bank bills outstanding other than those held by financial intermediaries (which are already included in AFI lending);.
https://www.rba.gov.au/publications/rdp/1989/8903/appendix-c.html