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RBA Glossary definition for RBA
RBA – Reserve Bank of Australia. Australia's central bank, the body corporate successor to the Commonwealth Bank established in 1912; created under its new name by the Reserve Bank Act 1959.
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Cost-benefit Analysis of Leaning against the Wind
11 Jul 2019
RDP
2019-05
Research Discussion Paper – RDP 2019-05 Cost-benefit Analysis of Leaning against the Wind. Trent Saunders and Peter Tulip. July 2019. 1.5. MB. Supplementary information. debt, financial markets, financial stability, households, monetary policy.
https://www.rba.gov.au/publications/rdp/2019/2019-05.html
Extensions
10 Jul 2019
RDP
2019-05
RDP 2019-05: Cost-benefit Analysis of Leaning against the Wind 5. Extensions. Trent Saunders and Peter Tulip. July 2019. Download the Paper 1,513. KB. Results like those in Figure 3 are common and appear in various forms in different papers. However,
https://www.rba.gov.au/publications/rdp/2019/2019-05/extensions.html
Cost-benefit Analysis of Leaning against the Wind
1 Jul 2019
RDP
2019-05
The forecast based on market quotes closely resembles the forecast in the May 2016 Statement on Monetary Policy (RBA 2016b). ... We also experimented with other VARs used for operational work within the RBA.
https://www.rba.gov.au/publications/rdp/2019/2019-05/full.html
Criticisms and Doubts
10 Jul 2019
RDP
2019-05
RDP 2019-05: Cost-benefit Analysis of Leaning against the Wind 6. Criticisms and Doubts. Trent Saunders and Peter Tulip. July 2019. Download the Paper 1,513. KB. A common criticism of the research on leaning against the wind is that more complicated
https://www.rba.gov.au/publications/rdp/2019/2019-05/criticisms-and-doubts.html
Appendix A: Decomposition of Dynamic Estimates
10 Jul 2019
RDP
2019-05
RDP 2019-05: Cost-benefit Analysis of Leaning against the Wind Appendix A: Decomposition of Dynamic Estimates. Trent Saunders and Peter Tulip. July 2019. Download the Paper 1,513. KB. This appendix provides details of how the change in social loss
https://www.rba.gov.au/publications/rdp/2019/2019-05/appendix-a.html
Appendix B: Endogenous Crisis Severity
10 Jul 2019
RDP
2019-05
RDP 2019-05: Cost-benefit Analysis of Leaning against the Wind Appendix B: Endogenous Crisis Severity. Trent Saunders and Peter Tulip. July 2019. Download the Paper 1,513. KB. This appendix discusses how the cost-benefit results change if we assume
https://www.rba.gov.au/publications/rdp/2019/2019-05/appendix-b.html
Cost-benefit Analysis of Leaning against the Wind
1 Jul 2019
RDP
2019-05
We also wish to thank Luci Ellis, Jonathan Kearns, Adam Gorajek, David Norman, David Orsmond, John Simon, Penny Smith, Stefano Tornielli di Crestvolant and participants at internal RBA seminars for helpful
https://www.rba.gov.au/publications/rdp/2019/2019-05/sections.html
Conclusion
10 Jul 2019
RDP
2019-05
RDP 2019-05: Cost-benefit Analysis of Leaning against the Wind 7. Conclusion. Trent Saunders and Peter Tulip. July 2019. Download the Paper 1,513. KB. Evaluations of leaning against the wind are subject to substantial disagreement and uncertainty.
https://www.rba.gov.au/publications/rdp/2019/2019-05/conclusion.html
References
10 Jul 2019
RDP
2019-05
Cusbert T and E Kendall (2018), ‘Meet MARTIN, the RBA's New Macroeconomic Model’, RBA Bulletin, March, viewed 15 March 2018. ... Saunders T and P Tulip (2019), ‘A Model of the Australian Housing Markets’, RBA Research Discussion Paper No 2019-01.
https://www.rba.gov.au/publications/rdp/2019/2019-05/references.html
Cost-benefit Analysis of Leaning against the Wind
1 Jul 2019
RDP
2019-05
Research Discussion Paper – RDP 2019-05 Cost-benefit Analysis of Leaning against the Wind. Trent Saunders and Peter Tulip. July 2019. This ‘read me’ file contains details of the code and data used in RDP 2019-05. Publically available plotting
https://www.rba.gov.au/publications/rdp/2019/2019-05/read-me.html