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The Sticky Information Phillips Curve: Evidence for Australia
15 Apr 2015
RDP
PDF
737KB
Because the outputgap enters both the SIPC and the NKPC when ω is above zero, the encompassingtest cannot precisely pin down the output gap parameters α and ρ in each
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-04.pdf
DSGE Reno: Adding a Housing Block to a Small Open Economy Model
1 Apr 2018
RDP
2018-04
d. A. d. and A. H. are normalising constants that pin down the steady state of the model so that it matches the data.
https://www.rba.gov.au/publications/rdp/2018/2018-04/full.html
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Econometric Perspectives on Economic Measurement
19 Jul 2018
RDP
PDF
1725KB
arithmetic means (see Fodor and Roubens (1995)). The role of f () is to pin down the specific type.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-08.pdf
Empirical Analysis
25 Sep 2015
RDP
2015-11
policy rule parameters and the standard deviations of the model's structural shocks – and those that, in addition to influencing the dynamics, pin down the steady state.
https://www.rba.gov.au/publications/rdp/2015/2015-11/empirical-analysis.html
The Neoclassical Inheritance
1 Aug 1986
RDP
8605
Even when interest rates varied, effects on real activity were difficult to pin down.
https://www.rba.gov.au/publications/rdp/1986/8605/neoclassical-inheritance.html
Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets
2 Dec 2009
RDP
PDF
91KB
DO COLLECTIVE ACTION CLAUSES INFLUENCE BOND YIELDS? NEW EVIDENCE FROM EMERGING MARKETS. Mark Gugiatti and Anthony Richards. Research Discussion Paper 2003-02. March 2003. International Department Economic Research Department. Reserve Bank of
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-02.pdf
Discussion and Conclusion
31 Dec 2011
RDP
2011-01
The inability to pin down the yield curve is highlighted in Figure 6 which shows three yield curves – one piecewise constant, one piecewise linear and starting from the current six-month
https://www.rba.gov.au/publications/rdp/2011/2011-01/discussion-and-conclusion.html
Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States
25 May 2016
RDP
PDF
1165KB
in different countries). This limits the impact of any confounding factors and helps to pin down the.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-04.pdf
Monetary Policy and the Exchange Rate: Evaluation of VAR Models
30 Sep 2010
RDP
PDF
334KB
for some matrix H such that HH ′= PΣP′. An identification problem arises if thereare not enough restrictions to uniquely pin down H from the matrix V.
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-07.pdf
The Butterfly Effect of Small Open Economies
27 Jun 2007
RDP
PDF
246KB
This is the ‘butterfly effect’: a situationin which the failure to pin down the equilibrium of the large economy allowsdevelopments in the small economy to affect developments in the large one.
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-06.pdf