Search: monetary policy

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1–10 of 14 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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Anticipatory Monetary Policy and the ‘Price Puzzle’

22 May 2017 RDP 2017-02
James Bishop and Peter Tulip
Research Discussion Paper – RDP 2017-02 Anticipatory Monetary Policy and the ‘Price Puzzle’. ... This suggests that VARs may not be the most reliable way to analyse monetary policy.
https://www.rba.gov.au/publications/rdp/2017/2017-02.html

Introduction

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
These results are difficult to explain. We think this raises important questions about the reliability of VARs for the analysis of monetary policy. ... These episodes convinced many observers that monetary policy has a strong effect on inflation.
https://www.rba.gov.au/publications/rdp/2017/2017-02/introduction.html

Anticipatory Monetary Policy and the ‘Price Puzzle’

1 May 2017 RDP 2017-02
James Bishop and Peter Tulip
Research Discussion Paper – RDP 2017-02 Anticipatory Monetary Policy and the ‘Price Puzzle’. ... The estimated residuals from this regression become the measure of ‘monetary policy shocks’.
https://www.rba.gov.au/publications/rdp/2017/2017-02/full.html

Appendix B: Additional Results

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
RDP 2017-02: Anticipatory Monetary Policy and the ‘Price Puzzle’ Appendix B: Additional Results. ... James Bishop and Peter Tulip. May 2017. 2.10. MB. Figure B1: Effect of Monetary Policy on the Price Level – FAVAR.
https://www.rba.gov.au/publications/rdp/2017/2017-02/appendix-b.html

Appendix A: Details of the VAR

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
RDP 2017-02: Anticipatory Monetary Policy and the ‘Price Puzzle’ Appendix A: Details of the VAR. ... It uses a recursive identification scheme: monetary policy is assumed to respond to, but not to affect, other variables contemporaneously, with the
https://www.rba.gov.au/publications/rdp/2017/2017-02/appendix-a.html

References

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
RDP 2017-02: Anticipatory Monetary Policy and the ‘Price Puzzle’ References. James Bishop and Peter Tulip. ... Berkelmans L (2005), ‘Credit and Monetary Policy: An Australian SVAR’, RBA Research Discussion Paper No 2005-06.
https://www.rba.gov.au/publications/rdp/2017/2017-02/references.html

Anticipatory Monetary Policy and the ‘Price Puzzle’

1 May 2017 RDP 2017-02
James Bishop and Peter Tulip
Research Discussion Paper – RDP 2017-02 Anticipatory Monetary Policy and the ‘Price Puzzle’.
https://www.rba.gov.au/publications/rdp/2017/2017-02/sections.html

Data for RDP 2017-02: Anticipatory Monetary Policy and the ‘Price Puzzle’

22 May 2017 RDP 2017-02
James Bishop and Peter Tulip
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2017/2017-02-data.html

Appendix C: Forecast Data and Alternative Specifications

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
RDP 2017-02: Anticipatory Monetary Policy and the ‘Price Puzzle’ Appendix C: Forecast Data and Alternative Specifications. ... In addition to the forecast-based procedure in Romer and Romer (2004), we can also identify policy shocks using measures of
https://www.rba.gov.au/publications/rdp/2017/2017-02/appendix-c.html

What's Going on?

29 May 2017 RDP 2017-02
James Bishop and Peter Tulip
https://www.rba.gov.au/publications/rdp/2017/2017-02/whats-going-on.html