Search: monetary policy

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1–10 of 12 collapsed search results for monetary policy

RBA Glossary definition for monetary policy

monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.

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Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime

1 Dec 1989 RDP 8909
Jerome Fahrer
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1989/8909.html

The Model

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime 2. ... Anticipated changes in the exchange rate are determined by monetary policy; only the innovations are assumed to be random.
https://www.rba.gov.au/publications/rdp/1989/8909/model.html

Estimation

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime 4.
https://www.rba.gov.au/publications/rdp/1989/8909/estimation.html

Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime

1 Dec 1989 RDP 8909
Jerome Fahrer
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1989/8909/

Appendix 2: Testing the Overidentifying Restrictions

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime Appendix 2: Testing the Overidentifying Restrictions.
https://www.rba.gov.au/publications/rdp/1989/8909/appendix-2.html

Appendix 3: Calculating the Variance of Θ

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime Appendix 3: Calculating the Variance of Θ.
https://www.rba.gov.au/publications/rdp/1989/8909/appendix-3.html

Results

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime 5. ... to changes in the way monetary policy was conducted in these countries over the sample period.
https://www.rba.gov.au/publications/rdp/1989/8909/results.html

Appendix 1: Data Definitions and Sources

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime Appendix 1: Data Definitions and Sources. ... The sources for the data were the International Financial Statistics, published by the International Monetary Fund and the OECD
https://www.rba.gov.au/publications/rdp/1989/8909/appendix-1.html

References

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime References. ... 1985), “Optimal Wage Indexation, Foreign Exchange Intervention, and Monetary Policy”,. American Economic Review. ,
https://www.rba.gov.au/publications/rdp/1989/8909/references.html

Introduction

1 Dec 1989 RDP 8909
Jerome Fahrer
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime 1. ... Specifically, monetary policy can be used to obtain a degree of nominal exchange rate flexibility.
https://www.rba.gov.au/publications/rdp/1989/8909/introduction.html