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Research Papers: Reserve Bank of Australia
31 Dec 1977
RDP
1977-07
3H. Hawkins R.G., Margaret R. Kelly and R.E. Lightfoot, Factor Demands, Stocks and Prices: An Interrelated Approach. ... 7707. Jonson, P.D., R.W. Rankin and J.C. Taylor, Money and the Balance of Payments, October 1977.
https://www.rba.gov.au/publications/rdp/1977/7707/research-papers-reserve-bank-of-australia.html
References
31 Dec 1977
RDP
1977-07
RDP 1977-07: Money and the Balance of Payments References. P.D. Jonson, R.W. ... Forthcoming in Johnson, Mussa and Wymer (1977).]. Sayers, R.S. (1976), The Bank of England 1891–1944.
https://www.rba.gov.au/publications/rdp/1977/7707/references.html
Introduction
31 Dec 1977
RDP
1977-07
Jonson, R.W. Rankin and J.C. Taylor. October 1977. Considerable interest has been generated in recent years by the so-called “monetary approach to the balance of payments”. ... The estimation programme used is RESIMUL, written by C.R. Wymer. This
https://www.rba.gov.au/publications/rdp/1977/7707/introduction.html
Concluding Comments
31 Dec 1977
RDP
1977-07
P.D. Jonson, R.W. Rankin and J.C. Taylor. October 1977. The results reported in this paper suggest that, in both the Australian and U.K.
https://www.rba.gov.au/publications/rdp/1977/7707/concluding-comments.html
Appendix B: Dynamic and Non-Dynamic Simulation Performance of the Models
31 Dec 1977
RDP
1977-07
P.D. Jonson, R.W. Rankin and J.C. Taylor. October 1977. MODEL A. ... 4.6. 4.2. 3.9. 2.9. 5.3. 7. r. b. 11.2. 17.1. 002.
https://www.rba.gov.au/publications/rdp/1977/7707/appendix-b.html
Preface for RDP 7707: Money and the Balance of Payments
1 Oct 1977
RDP
7707
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1977/7707.html
Theoretic Background
31 Dec 1977
RDP
1977-07
P.D. Jonson, R.W. Rankin and J.C. Taylor. October 1977. In classical closed-economy theory, an increase in money will, in the long run and as a first approximation,
https://www.rba.gov.au/publications/rdp/1977/7707/theoretic-background.html
Appendix A: The Specification of the Core Models
31 Dec 1977
RDP
1977-07
r. b. official interest rate: in U.K. model, Bank Rate;. in RBA76, bond rate. ... QUS. dummy variable for devaluation of $US, 1973. r. w. world interest rate.
https://www.rba.gov.au/publications/rdp/1977/7707/appendix-a.html
Results with the U.K. Model
31 Dec 1977
RDP
1977-07
Model. P.D. Jonson, R.W. Rankin and J.C. Taylor. October 1977. Before turning to the results of testing the five versions of the U.K. ... 3.5. 13.5. R – RMSPE1. 17.7. 20.2. 17.4. 18.7. 17.3. 19.2. –
https://www.rba.gov.au/publications/rdp/1977/7707/results-with-the-uk-model.html
Comparison of U.K. and Australian Model Results
31 Dec 1977
RDP
1977-07
and Australian Model Results. P.D. Jonson, R.W. Rankin and J.C. Taylor.
https://www.rba.gov.au/publications/rdp/1977/7707/comparison-of-uk-and-australian-model-results.html