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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.

Search Results

Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy

1 May 1990 RDP 9001
Jerome Fahrer
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
Jerome Fahrer
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
Jerome Fahrer
https://www.rba.gov.au/publications/rdp/1990/9001/

Conclusions

1 May 1990 RDP 9001
Jerome Fahrer
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
Jerome Fahrer
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
Jerome Fahrer
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
Jerome Fahrer
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
Jerome Fahrer
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