Search: CLS Bank
RBA Glossary definition for CLS Bank
CLS Bank – CLS Bank is a multi-currency bank, regulated by the Federal Reserve Bank of New York, which uses central bank funds to simultaneously settle cross-currency transactions in real time through a process known as Continuous Linked Settlement (CLS).
RBA Glossary definition for CLS
CLS – Continuous Linked Settlement. A process enabling simultaneous foreign exchange settlement across the globe, eliminating the settlement risk caused by delays arising from time-zone differences.
Search Results
The Impact of Monetary Policy on the Exchange Rate: A Study Using Intraday Data
5 May 2005
RDP
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158KB
BoC) (RBNZ) LDNIB1M). 3-month 90-day bank 3-month bankers 3-month 3-month LIBOR. ... And what don’t we know?)’, Reserve Bank of AustraliaBulletin,September, pp 15–33.
https://www.rba.gov.au/publications/rdp/2005/pdf/rdp2005-02.pdf
Exchange Rate Regimes and the Volatility of Financial Prices: The Australian Case
19 Nov 2012
RDP
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918KB
Robert G. Trevor Stephen G. Donald. Reserve Bank of Australia. Research Discussion Paper. ... VARs comprising the following eight financial prices: the Australian. trade-weighted index (AUSTWI); the Australian 90 day bank accepted bill rate.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8608.pdf
Monetary Policy and the Exchange Rate: Evaluation of VAR Models
30 Sep 2010
RDP
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334KB
Jarkko Jääskelä and David Jennings. Research Discussion Paper2010-07. September 2010. Economic Research DepartmentReserve Bank of Australia. ... Source: Reserve Bank of Australia. RBA cash rate (r): Nominal official cash rate.
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-07.pdf
The Sticky Information Phillips Curve: Evidence for Australia
15 Apr 2015
RDP
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737KB
Christian Gillitzer. 1. Introduction. Modelling inflation is a core task for inflation-targeting central banks. ... Like othercentral banks, the Reserve Bank of Australia (RBA) evaluates and uses a varietyof models for inflation.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-04.pdf
A Density-based Estimator of Core/Periphery Network Structures: Analysing the Australian Interbank Market
5 Feb 2018
RDP
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1627KB
owned bank. The financial crisis caused the core to shrink to around five banks – the four major. ... banks. Therefore, changing the CP split (e.g. changing a bank’s designation from core to.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-01.pdf
More Potent Monetary Policy? Insights from a Threshold Model
30 Jul 2007
RDP
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201KB
Jarkko J̈aäskel̈a. Research Discussion Paper2007-07. July 2007. Economic Research DepartmentReserve Bank of Australia. ... CPI inflation ( π): Quarterly, based on the weighted median consumer price indexexcluding taxes and interest (Reserve Bank of
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-07.pdf
The Effect of Uncertainty on Monetary Policy: How Good are the Brakes?
1 Dec 2009
RDP
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277KB
models is a crucial characteristic indetermining a rule that the central bank should follow. ... US: Reifschneider, Tetlow and Williams (1999)UK: Bank of England (1999). 3.4 Data uncertainty.
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-07.pdf
Nominal Wage Rigidity in Australia
1 Dec 2009
RDP
PDF
279KB
The views expressed herein are those of theauthors and do not necessarily reflect those of the Reserve Bank of Australia. ... measures of average earnings see Reserve Bank of Australia (1996).12 For details of the design of the index see ABS (1998).
https://www.rba.gov.au/publications/rdp/2000/pdf/rdp2000-08.pdf
Credit and Monetary Policy: An Australian SVAR
30 Sep 2005
RDP
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204KB
In fact, both studies found thatimmediately after the shock the level of bank loans actuallyincreased. ... Oftenthese studies have used only bank credit, because they have focused on the creditchannel.
https://www.rba.gov.au/publications/rdp/2005/pdf/rdp2005-06.pdf
Understanding the Flattening Phillips Curve
30 Sep 2008
RDP
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317KB
We have received usefulcomments from Jeremy Rudd and Charles Steindel. The views expressed hereinare those of the authors and not necessarily the Reserve Bank of Australia. ... Bean C (2006), ‘Globalisation and Inflation’, Bank of England Quarterly
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-05.pdf