Search: Real interest rate
RBA Glossary definition for Real interest rate
Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.
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.
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Read me file for Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
3 May 2023
RDP
PDF
247KB
RDP 2023-04 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-04/rdp-2023-04-read-me.pdf
Green and Sustainable Finance in Australia
15 Feb 2024
Bulletin
- September 2023
PDF
684KB
https://www.rba.gov.au/publications/bulletin/2023/sep/pdf/green-and-sustainable-finance-in-australia.pdf
Anticipatory Monetary Policy and the ‘Price Puzzle’
18 May 2017
RDP
PDF
2157KB
The small size of this response – which appears to imply that real interest rates decline in response to positive inflation surprises – is qualitatively similar (and in between) the estimates of Romer ... The left panel of Figure 6 shows the effect
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-02.pdf
A Model of the Australian Housing Market
5 Mar 2019
RDP
PDF
1639KB
persistent variables, such as real interest rates, real construction costs or real housing prices, do not. ... Figure 6 shows our estimated response of dwelling investment to real interest rates.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-01.pdf
Economic Literacy in Australia: A First Look
15 Feb 2024
Bulletin
- September 2023
PDF
818KB
https://www.rba.gov.au/publications/bulletin/2023/sep/pdf/economic-literacy-in-australia-a-first-look.pdf
Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States
25 May 2016
RDP
PDF
1165KB
5.2 Housing Income, Real Interest Rates and Consumer Price Inflation 22. ... share of total income) across US states and over time:. o H1a: Lower real interest rates are associated with higher net housing capital income (as a.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-04.pdf
International Interest Rate Linkages and Monetary Policy: The Case of Australia
19 Nov 2012
RDP
PDF
1014KB
measured by the short-term real interest rate. differential). 1 The equation is:. ... This. suggests that monetary policy's influence over the long-term. rate through short-term real interest rates has not.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8812.pdf
Long-term Interest Rates, Risk Premia and Unconventional Monetary Policy
4 Apr 2011
RDP
PDF
518KB
Battellino (2009) notes how the Reserve Bank of Australia has taken intoaccount interest rate spreads, which capture risk premia, in setting interest rates in the recentepisode. ... 25. R̂L,t 1LIEtL1. j=0 πt+ j1 is the long-term real interest rate, R̂L
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-02.pdf
Inflation and Corporate Taxation in Australia
19 Nov 2012
RDP
PDF
955KB
Also, the interaction of inflation with the tax treatment of nominal interest receipts and pay1nents probably exerts an influence on real interest rates and the real exchange rate; and. • ... Nominal interest rates could simply rise to maintain the
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9011.pdf
Cost-benefit Analysis of Leaning against the Wind
5 Jul 2019
RDP
PDF
1512KB
authoritative estimates of the effect of real interest rates on credit in Australia.5 This VAR implies. ... 5 This VAR includes gross national expenditure, GDP, inflation, the cash rate, interest rate differentials, real business.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-05.pdf