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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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Disagreement about Inflation Expectations

20 Apr 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
Research Discussion Paper – RDP 2016-02 Disagreement about Inflation Expectations. Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin. April 2016. 1.07. MB. inflation, monetary policy. Average and median measures of inflation
https://www.rba.gov.au/publications/rdp/2016/2016-02/

Descriptive Analysis

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
Sources: ABS; Authors' calculations; Consensus Economics; RBA. Figure 2: Year-ahead Inflation Expectations. ... Table 3: Cross-correlations of Standard Deviation of Expectations. Consensus Economics. RBA survey.
https://www.rba.gov.au/publications/rdp/2016/2016-02/descriptive-analysis.html

Appendix A: Extending the Model of Consumer Inflation Expectations

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
RDP 2016-02: Disagreement about Inflation Expectations Appendix A: Extending the Model of Consumer Inflation Expectations. Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin. April 2016. Download the Paper 1.07. MB. In Section
https://www.rba.gov.au/publications/rdp/2016/2016-02/appendix-a.html

Disagreement about Inflation Expectations

1 Apr 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
1990. Monthly. 15–20. Headline CPI. Market economists. RBA. 1993. Quarterly. 10–20. ... Sources: ABS; Authors' calculations; Consensus Economics; RBA. Figure 2: Year-ahead Inflation Expectations.
https://www.rba.gov.au/publications/rdp/2016/2016-02/full.html

Disagreement about Inflation Expectations

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
Research Discussion Paper – RDP 2016-02 Disagreement about Inflation Expectations. Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin. Download the Paper 1.07. MB. We would like to thank Andrea Brischetto, James Hansen, Greg
https://www.rba.gov.au/publications/rdp/2016/2016-02/sections.html

References

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
28(2), pp 153–176. Brischetto A and G de Brouwer (1999), ‘Householders' Inflation Expectations’, RBA Research Discussion Paper No 1999-03. ... Journal of Political Economy. , 85(3), pp 451–472. Jacobs D, D Perera and T Williams (2014),
https://www.rba.gov.au/publications/rdp/2016/2016-02/references.html

Conclusions

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
This is consistent with inflation expectations having become better anchored at the RBA's inflation target since the adoption of inflation targeting in 1993. ... Disagreement responds little to most macroeconomic news surprises. However, disagreement
https://www.rba.gov.au/publications/rdp/2016/2016-02/conclusions.html

Introduction

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
when current inflation deviates from the middle of the Reserve Bank of Australia's (RBA) 2–3 per cent target. ... A large majority of consumers expect inflation to lie outside of the RBA's target over time, with a sizeable fraction expecting inflation
https://www.rba.gov.au/publications/rdp/2016/2016-02/introduction.html

Data Sources

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
Download the Paper 1.07. MB. We use data from five separate surveys of inflation expectations, comprising different types of agents: the Consensus Economics survey and RBA survey, both of market ... 1990. Monthly. 15–20. Headline CPI. Market economists.
https://www.rba.gov.au/publications/rdp/2016/2016-02/data-sources.html

Why Does Disagreement Arise?

6 May 2016 RDP 2016-02
Alexander Ballantyne, Christian Gillitzer, David Jacobs and Ewan Rankin
https://www.rba.gov.au/publications/rdp/2016/2016-02/why-does-disagreement-arise.html