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RBA Glossary definition for depreciation

depreciation – A fall in the value of an asset. In foreign-exchange terms, it is a relative decrease in the value of one currency compared to another.

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Conclusion

1 May 1993 RDP 9304
Jacqueline Dwyer, Christopher Kent and Andrew Pease
It implies that the present environment of low inflation has not been threatened by currency depreciation because other factors have been in operation. ... It was proposed that the first round price effects of depreciation have been partially offset by
https://www.rba.gov.au/publications/rdp/1993/9304/conclusion.html
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The Forecasts

1 Jul 1986 RDP 8609
Philip W. Lowe and Robert G. Trevor
It shows that there was a small net depreciation of the Australian currency over the sample period. ... The bulk of the depreciation of the US$, however, occurred in late September 1985.
https://www.rba.gov.au/publications/rdp/1986/8609/forecasts.html
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Data

14 Jun 2016 RDP 2016-04
Gianni La Cava
This could be problematic if depreciation rates vary over time and differ across states in a systematic way. ... As will be shown, any confounding time-invariant variation in depreciation rates are dealt with in the statistical analysis.
https://www.rba.gov.au/publications/rdp/2016/2016-04/data.html
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Capital Account Liberalisation and China's Effect on Global Capital Flows | Conference – 2016

18 Mar 2016 Conferences
Alfred Schipke
The debate gained prominence following the renminbi depreciation in August 2015 and subsequent capital outflow pressures (Figures 1 and 2).
https://www.rba.gov.au/publications/confs/2016/schipke.html

Estimation

1 Oct 1987 RDP 8709
Warwick J. McKibbin and Eric S. Siegloff
and the second constructs a series for K using available data and an assumption about depreciation (δ) and adjustment costs (ϕ). ... In constructing the series for J and K, we assume a quarterly rate of depreciation on capital of 6 per cent per annum,
https://www.rba.gov.au/publications/rdp/1987/8709/estimation.html
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Results

1 Jan 1992 RDP 9201
Philip Lowe
Nominal shocks which cause a temporary fall in unemployment lead to a temporary real depreciation. ... This prediction appears to be borne out in the data. The depreciation is gradually worked off over time.
https://www.rba.gov.au/publications/rdp/1992/9201/results.html
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The Data

1 Dec 1994 RDP 9407
Jacqueline Dwyer and Ricky Lam
These additional observations permit estimation of the dynamics of pass-through to retail import prices during the depreciation of the mid 1980s as well as more recent episodes of major exchange
https://www.rba.gov.au/publications/rdp/1994/9407/the-data.html
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Recent Thinking About Exchange Rate Determination and Policy | Conference – 1993

12 Jul 1993 Conferences
Paul Krugman
have considerable market power, will respond to the depreciation by increasing their demands. ... The conclusion, however, is the same: depreciation simply doesn't ‘work’ in real terms.
https://www.rba.gov.au/publications/confs/1993/krugman.html

Appendix: RBII Specification

1 Nov 1984 RDP 8403
J.G. Fahrer and R.W. Rankin
real world exports of goods and services. y. real domestic output (net of depreciation). ... ȳ. real normal domestic output (net or depreciation). y. d. real disposable income.
https://www.rba.gov.au/publications/rdp/1984/8403/appendix.html
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Appendix 1: Australian Studies of the Cost of Capital

1 Jun 1992 RDP 9205
Nigel Dews, John Hawkins and Tracey Horton
His series differs from most others in taking explicit account of each of the various tax components and physical depreciation required to calculate the cost of capital. ... He first derives a cost of funds and then adjusts this to take specific account
https://www.rba.gov.au/publications/rdp/1992/9205/appendix-1.html
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