Search: exchange rates
RBA Glossary definition for exchange rates
exchange rates – The price of one currency expressed in terms of another currency. Any exchange rate can be quoted two ways, e.g. Australian dollars per US dollar (USD/AUD) or US dollars per Australian dollar (AUD/USD). The convention for the Australian dollar is that it is quoted as the foreign currency price of the Australian dollar. This is sometimes referred to as the 'Indirect' method of quoting.
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Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy
1 May 1990
RDP
9001
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1990/9001.html
The Sticky Real Exchange Rate Model
1 May 1990
RDP
9001
Fig. 9: REAL EXCHANGE RATE. Fig. 10: REAL IMPORTS. Fig. 11: REAL EXPORTS. ... that the real exchange rate, while sluggish, adjusts eventually to its equilibrium value.
https://www.rba.gov.au/publications/rdp/1990/9001/sticky-real-exchange-rate-model.html
Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy
1 May 1990
RDP
9001
https://www.rba.gov.au/publications/rdp/1990/9001/
Conclusions
1 May 1990
RDP
9001
RDP 9001: Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy 5. ... Download the Paper 955. KB. This paper has used a simple model of current account and exchange rate determination to ask two questions:.
https://www.rba.gov.au/publications/rdp/1990/9001/conclusions.html
The Market-Clearing Model
1 May 1990
RDP
9001
RDP 9001: Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy 2. ... However, the paths for exports and imports and the real exchange rate are different.
https://www.rba.gov.au/publications/rdp/1990/9001/market-clearing-model.html
References
1 May 1990
RDP
9001
RDP 9001: Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy References. ... Mussa, Michael (1984), “The Theory of Exchange Rate Determination”, in John F.O.
https://www.rba.gov.au/publications/rdp/1990/9001/references.html
Welfare and Policy
1 May 1990
RDP
9001
RDP 9001: Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy 4. ... Table 1. Welfare Loss From Real Exchange Rate Stickiness. γ. x=0.2.
https://www.rba.gov.au/publications/rdp/1990/9001/welfare-and-policy.html
Introduction
1 May 1990
RDP
9001
RDP 9001: Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy 1. ... A sticky real exchange rate is introduced into the model in section 3.
https://www.rba.gov.au/publications/rdp/1990/9001/introduction.html