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RBA Glossary definition for IT

IT – Information Technology

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The Rise in Household Liquidity

10 Nov 2021 RDP 2021-10
Gianni La Cava and Lydia Wang
It is well documented that household wealth has risen significantly in recent decades and that both sides of the household balance sheet – assets and liabilities – have expanded.
https://www.rba.gov.au/publications/rdp/2021/2021-10.html
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Australian Money Market Divergence: Arbitrage Opportunity or Illusion?

16 Sep 2019 RDP 2019-09
Belinda Cheung and Sebastien Printant
Even after risks associated with creditworthiness, liquidity and other factors have been taken into account, it appears that unexploited arbitrage opportunities persist.
https://www.rba.gov.au/publications/rdp/2019/2019-09.html
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China's Evolving Monetary Policy Framework in International Context

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
However, official descriptions provide limited detail and it generally remains less well understood than befits the world's second largest economy.
https://www.rba.gov.au/publications/rdp/2019/2019-11.html
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Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia

27 Feb 2018 RDP 2018-02
Jonathan Hambur and Richard Finlay
Finally, the results suggest that real term premia have declined since the global financial crisis, which may reflect overseas factors given it has coincided with declines in US term premia.
https://www.rba.gov.au/publications/rdp/2018/2018-02.html
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Empirical Model

1 Dec 1993 RDP 9313
Geoffrey Shuetrim, Philip Lowe and Steve Morling
u. it. is a composite residual comprised of a firm-specific component, μ. ... where Y. it. is gross earnings, I. it. is interest payments and τ.
https://www.rba.gov.au/publications/rdp/1993/9313/empirical-model.html
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The Relationship between Financial Indicators and Economic Activity: 1968-1987

1 Aug 1988 RDP 8805
Michele Bullock, Dirk Morris and Glenn Stevens
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1988/8805.html
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Credit Spreads, Monetary Policy and the Price Puzzle

28 Jan 2020 RDP 2020-01
Benjamin Beckers
Inflation does not rise in response to an increase in the policy rate but, instead, the central bank raises its policy rate when it expects inflation to increase in the future. ... To identify the true causal effects of monetary policy on inflation, it
https://www.rba.gov.au/publications/rdp/2020/2020-01.html
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A History of Australian Equities

19 Jun 2019 RDP 2019-04
Thomas Mathews
iv) the current industry composition of the stock exchange is atypical relative to history, despite it being dominated by essentially the same companies for the past century; and v)
https://www.rba.gov.au/publications/rdp/2019/2019-04.html
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Is it Possible to Pick Good Forecasters?

1 Aug 1983 RDP 8302
Ian Macfarlane and J.R. Hawkins
Unfortunately, it is extremely difficult, if not impossible, to apply. The main difficulties are:. ... It is much more convenient to stick with error-minimisation as the criterion.
https://www.rba.gov.au/publications/rdp/1983/8302/is-it-possible-to-pick-good-forecasters.html
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Start Spreading the News: News Sentiment and Economic Activity in Australia

23 Dec 2020 RDP 2020-08
Kim Nguyen and Gianni La Cava
It captures key macroeconomic events, such as economic downturns, and typically moves ahead of survey-based measures of sentiment.
https://www.rba.gov.au/publications/rdp/2020/2020-08.html
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