Search: monetary policy
RBA Glossary definition for monetary policy
monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.
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Macrofinancial Stress Testing on Australian Banks
13 Sep 2023
RDP
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1940KB
banking system. Our approach draws on many of the characteristics that the International Monetary. ... from policy responses that mitigate stress (such as the monetary easing that would likely occur.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf
Firms’ Price-setting Behaviour: Insights from Earnings Calls
6 Nov 2023
RDP
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1677KB
approach with each word coming from new dictionaries developed in consultation with policy experts. ... central bank communication can change the market’s assessment of current economic conditions –. the so-called ‘communication channel’ of
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-06.pdf
The Real Effects of Debt Covenants: Evidence from Australia
24 Oct 2022
RDP
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1647KB
transmission of monetary policy shocks while other types of covenants appear to mitigate. ... Appendix D: Direct Effects – Robustness Checks 23. Appendix E: Monetary Policy Shocks 25.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-05.pdf
Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
9 May 2024
RDP
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4625KB
Most of this work was completed while the authors were working on monetary policy. ... conduct of domestic monetary policy operations. Finally, the terms at which the Reserve Bank.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf
Non-technical summary for 'The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets
14 Feb 2020
RDP
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342KB
RDP 2020-02 non-technical summary
https://www.rba.gov.au/publications/rdp/2020/2020-02/rdp-2020-02-non-technical-summary.pdf
Monetary Policy Instruments: A Theoretical Analysis
19 Nov 2012
RDP
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571KB
MONETARY POLICY INSTRUMENTS: A THEORETICAL ANALYSIS. Malcolm L. Edey'". Research Discussion Paper 8905. ... 19. References. Friedman, B.M. (1988), "Targets and Instruments of Monetary Policy", NBER Working Paper No.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8905.pdf
Non-technical summary for 'The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country…
16 Jun 2023
RDP
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188KB
RDP 2023-05 non-technical summary
https://www.rba.gov.au/publications/rdp/2023/2023-05/rdp-2023-05-non-technical-summary.pdf
Anticipatory Monetary Policy and the ‘Price Puzzle’
18 May 2017
RDP
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2157KB
The estimated residuals from this regression become the measure of ‘monetary policy shocks’. ... Following the literature, we assume that monetary policy does not affect inflation contemporaneously.
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-02.pdf
Issues in Modelling Monetary Policy
1 Dec 2009
RDP
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94KB
ISSUES IN MODELLING MONETARY POLICY. Malcolm Edey and John Romalis. Research Discussion Paper9604. ... Tight’monetary policy can then be defined as keeping the real interest rate higher thanneutral.
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9604.pdf
Asset Prices, Credit Growth, Monetary and Other Policies: An Australian Case Study
14 Sep 2010
RDP
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296KB
regulatory policy. ii. Table of Contents. 1. Introduction 1 . 2. Asset Prices, Monetary and Other Policies 4 2.1 The Recent Debate 4 2.2 International Policy Responses – Some Examples 7 . ... More recent discussion has focused on these
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-06.pdf