Search: broad money

Sort by: Relevance Date
12 of 2 collapsed search results for broad money
Did you mean broadmoney?

RBA Glossary definition for broad money

broad money – The widest definition of money published by the Reserve Bank of Australia (RBA). Broad money is defined as currency plus ADI deposits from the non-AFI private sector, plus other short-term liquid AFI liabilities held by the non-AFI private sector.

Search Results

Credit Spreads, Monetary Policy and the Price Puzzle

1 Jan 2020 RDP 2020-01
Benjamin Beckers
an omitted systematic and contemporaneous response of the cash rate to credit and money market conditions. ... the response to several measures of risk premia in lending and money market rates.
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html

Biased Romer and Romer Estimates – The Role of Credit Spreads

28 Jan 2020 RDP 2020-01
Benjamin Beckers
However, adding this broad range of indicators to the VAR model is not feasible without applying some dimension reduction technique. ... As a result, risk premia on money and fixed income markets rose sharply, reflecting increased risk aversion, greater
https://www.rba.gov.au/publications/rdp/2020/2020-01/biased-romer-and-romer-estimates-the-role-of-credit-spreads.html