Search: financial aggregates

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16 of 6 collapsed search results for financial aggregates

RBA Glossary definition for financial aggregates

financial aggregates – A Reserve Bank of Australia data series specifying measures of the supply of money and credit. It includes some or all of: currency on issue; current deposits with banks; other deposits of the private non-bank sector with banks; borrowings from the private sector by non-bank depository corporations; and credit (loans, advances and bills discounted to the private sector).

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The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
Reactions to financial stress also differ across markets at the borrower (conditional on lender) level. ... Section 2.2 summarises the financial environment in Australia during the period under analysis.
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html

The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
banking, debt, financial markets, interest rates, money. This paper studies the role of collateral in credit markets under stress. ... In aggregate, collateralised borrowing expands substantially, predominantly collateralised against second-best (but
https://www.rba.gov.au/publications/rdp/2021/2021-01.html

References

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
Allen F and D Gale (2000), ‘Financial Contagion’, Journal of Political Economy, 108(1), pp 1–33. ... Allen F and D Gale (2009), Understanding Financial Crises, Paperback edn, Clarendon Lectures in Finance, Oxford University Press, Oxford.
https://www.rba.gov.au/publications/rdp/2021/2021-01/references.html

Further Robustness

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
the second Monday in September (see Figure 3 for the market aggregates).
https://www.rba.gov.au/publications/rdp/2021/2021-01/further-robustness.html

The Repo and Unsecured Markets' Reactions to Stress

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
Figure 3: TED Spread and Loans Outstanding by Market. Daily aggregates during sample (2008) and placebo sample (2006). ... Aside from the aggregate plots of outstanding loans, all the analysis in this paper maintains representativeness across entities.
https://www.rba.gov.au/publications/rdp/2021/2021-01/the-repo-and-unsecured-markets-reactions-to-stress.html

Institutional Background and Data

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
Section 2.2 summarises the financial environment in Australia during the period under analysis. ... The Australian banks include all of the major Australian banks and some smaller Australian financial institutions.
https://www.rba.gov.au/publications/rdp/2021/2021-01/institutional-background-and-data.html