Search: depreciation
RBA Glossary definition for depreciation
depreciation – A fall in the value of an asset. In foreign-exchange terms, it is a relative decrease in the value of one currency compared to another.
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The US Current Account Deficit: A Re-Examination of the Role of Private Saving
1 Nov 2005
RDP
2005-09
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2005/2005-09.html
Real Exchange Rate Model
31 Dec 2005
RDP
2005-09
T. /Q. t. , where. is the CPI real exchange rate (defined so that a home real depreciation is an increase in Q. ... the. term is also rising. Both contribute to a real depreciation for the home country.
https://www.rba.gov.au/publications/rdp/2005/2005-09/real-exchange-rate-model.html
Introduction
31 Dec 2005
RDP
2005-09
Section 3 takes up a related issue – does the adjustment of the US current account require a large real depreciation? ... We show that if indeed the deficit can be explained by higher future income shares, then the size of the required real
https://www.rba.gov.au/publications/rdp/2005/2005-09/introduction.html
Model Simulations
31 Dec 2005
RDP
2005-09
years. Under that assumption, the overall real depreciation for the US in 10 years will be only 15.5 per cent. ... As we have noted, this model could conclude that there will be a real appreciation rather than a real depreciation for the US.
https://www.rba.gov.au/publications/rdp/2005/2005-09/model-simulations.html