Search: MC

Sort by: Relevance Date
1–2 of 2 collapsed search results for MC

RBA Glossary definition for MC

MC – Markets Committee (of the BIS)

Search Results

Natural Resources in a Small Open Economy

31 Dec 2013 RDP 2013-14
Isaac Gross and James Hansen
ϕ. mc. 0.5. Investment cost parameter. κ. 3. Responsiveness parameter (marginal costs).
https://www.rba.gov.au/publications/rdp/2013/2013-14/natural-resources-small-economy.html

Natural Resources in Partial Equilibrium

31 Dec 2013 RDP 2013-14
Isaac Gross and James Hansen
where ϕ. mc. is a parameter that governs the sensitivity of exploration costs to shocks and, thus, the incentive to engage in exploration activity; Q. ... The parameters ϕ. mc. , κ and ρ. r. only affect the shape of IRFs and have no bearing on the
https://www.rba.gov.au/publications/rdp/2013/2013-14/natural-resources-partial-equilibrium.html