Search: interest rate
Did you mean
interest rates?
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
Search Results
Housing Construction Cycles and Interest Rates
1 Oct 2004
RDP
2004-08
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2004/2004-08.html
Housing Construction Cycles and Interest Rates
1 Oct 2004
RDP
2004-08
Research Discussion Paper – RDP 2004-08 Housing Construction Cycles and Interest Rates.
https://www.rba.gov.au/publications/rdp/2004/2004-08/
Appendix B: Econometric Results
31 Dec 2004
RDP
2004-08
0.11. †. 0.09. –. –. Interest rates (i). –. 0.00. –. –. Income (y). –. –. –. 0.16. †. CPI (p). –. 0.05. –. 0.012. †. Vacancy rate (v). –. –. 3.42. †. 1.56. Household growth (hh). –. –. 0.04. –. ... Interest rates (i).
https://www.rba.gov.au/publications/rdp/2004/2004-08/appendix-b.html
Empirical Estimates
31 Dec 2004
RDP
2004-08
We use the policy interest rate, not the mortgage rate, to ensure that we are comparing the effects of the same kinds of shocks to interest rates across countries. ... Because the inflation rate is already in the short-run dynamics to capture the effects
https://www.rba.gov.au/publications/rdp/2004/2004-08/empirical-estimates.html
Introduction
31 Dec 2004
RDP
2004-08
We find a dominant role for extrinsic interest-rate cyclicality in explaining the housing cycle. ... Although we do not formally model the response of permanent income to interest rates, it appears that the direct interest-rate effect and the indirect
https://www.rba.gov.au/publications/rdp/2004/2004-08/introduction.html
Appendix A: Data Sources
31 Dec 2004
RDP
2004-08
RDP 2004-08: Housing Construction Cycles and Interest Rates Appendix A: Data Sources. ... Policy interest rate. Interest rate targeted by central bank. Notes: The consumer price index for Australia excludes the effect of the GST.
https://www.rba.gov.au/publications/rdp/2004/2004-08/appendix-a.html
Discussion of Results
31 Dec 2004
RDP
2004-08
In Canada, five-year fixed-rate mortgages predominate, consistent with its intermediate degree of responsiveness to interest rates. ... 0.056. 0.029. 0.032. 0.045. 0.048. 0.007. 0.010. Notes: Interest rates are held constant at their mean rate in the
https://www.rba.gov.au/publications/rdp/2004/2004-08/discussion-of-results.html
References
31 Dec 2004
RDP
2004-08
RDP 2004-08: Housing Construction Cycles and Interest Rates References. Laura Berger-Thomson and Luci Ellis. ... Throop AW (1986), ‘Financial deregulation, interest rates, and the housing cycle’, Federal Reserve Bank of San Francisco Economic Review,
https://www.rba.gov.au/publications/rdp/2004/2004-08/references.html
Conclusion
31 Dec 2004
RDP
2004-08
RDP 2004-08: Housing Construction Cycles and Interest Rates 6. Conclusion. Laura Berger-Thomson and Luci Ellis. ... If housing demand displayed similar interest sensitivity in all countries, we should expect that movements in rates would be translated
https://www.rba.gov.au/publications/rdp/2004/2004-08/conclusion.html
Models of Housing Demand and Supply
31 Dec 2004
RDP
2004-08
and the price of finance (interest rates), as shown in Equation (4), while the scarcity of housing (the vacancy rate) matters at longer horizons. ... We use policy interest rates in all our models for cross-country comparability, even though this is not
https://www.rba.gov.au/publications/rdp/2004/2004-08/models-of-housing-demand-and-supply.html