Search: depreciation

Sort by: Relevance Date
1–6 of 6 collapsed search results for 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.

Search Results

Explaining the Recent Performance of Australia's Manufactured Exports

1 Aug 1993 RDP 9310
Gordon Menzies and Geoffrey Heenan
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1993/9310.html

Conclusion

1 Aug 1993 RDP 9310
Gordon Menzies and Geoffrey Heenan
It appears that the historic depreciation in the mid-1980s enabled many firms to cover their sunk costs and export for the first time. ... Nevertheless, the model does not support the view that exchange rate depreciations or recessions are necessary to
https://www.rba.gov.au/publications/rdp/1993/9310/conclusion.html

Evidence of Hysteresis

1 Aug 1993 RDP 9310
Gordon Menzies and Geoffrey Heenan
The historic depreciation in the mid-1980s was a catalytic event for would-be exporters. ... Responding to the depreciation and the recession, pathbreaking firms established themselves in overseas markets.
https://www.rba.gov.au/publications/rdp/1993/9310/evidence-hysteresis.html

Manufactured Exports: The Stylized Facts

1 Aug 1993 RDP 9310
Gordon Menzies and Geoffrey Heenan
Similarly, episodes of depreciation tend to be associated with accelerations in the growth rate of manufactured exports (albeit lagged). ... One possible explanation is that the sharp depreciation of the mid-1980s may have had an hysteretic effect.
https://www.rba.gov.au/publications/rdp/1993/9310/manufactured-exports.html

Introduction

1 Aug 1993 RDP 9310
Gordon Menzies and Geoffrey Heenan
A case for hysteresis is developed where the catalysts for change are the historic mid-1980s exchange rate depreciation, the most recent recession and the process of internationalisation begun in the
https://www.rba.gov.au/publications/rdp/1993/9310/introduction.html

A Sunk Cost Model

1 Aug 1993 RDP 9310
Gordon Menzies and Geoffrey Heenan
L. and P. W. respectively. Exchange rate depreciation or an increase in world demand should, other things being constant, be reflected in a rise in the world price of exports, when
https://www.rba.gov.au/publications/rdp/1993/9310/sunk-cost-model.html