Search: basis point
RBA Glossary definition for basis point
basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.
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Non-technical summary for 'Monetary Policy, Equity Markets and the Information Effect'
20 Apr 2021
RDP
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395KB
RDP 2021-04 non-technical summary
https://www.rba.gov.au/publications/rdp/2021/2021-04/rdp-2021-04-non-technical-summary.pdf
A Model of the Australian Housing Market
5 Mar 2019
RDP
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1639KB
12. Figure 6: Responses of Dwelling Investment to a Sustained 100 Basis Point Reduction in Interest Rates. ... Sustained 100 basis point reduction. in real mortgage rates and user cost of housing.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-01.pdf
Australia's Prosperous 2000s: Housing and the Mining Boom
1 Feb 2012
RDP
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507KB
Monetary policy was also eased rapidly, with the cash rate cut by 100 basis points at the scheduled Reserve Bank board meeting just three weeks after the collapse of Lehman Brothers, ... and by a total of 375 basis points within five months of the Lehman
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-07.pdf
China’s Evolving Monetary Policy Framework in International Context
4 Dec 2019
RDP
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1923KB
remain substantial points of difference, reflecting China’s single-party state system in which the. ... analysis of monetary policy transmission points to both similarities and differences: while policy rates.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf
Uncertainty and Monetary Policy in Good and Bad Times
12 Oct 2017
RDP
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1508KB
et al (2015) and Casarin et al (2016) point to movements in financial uncertainty as possibly. ... by about 0.8 percentage points at its peak, and the reaction is short-lived.
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-06.pdf
Asset Prices, Credit Growth, Monetary and Other Policies: An Australian Case Study
14 Sep 2010
RDP
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296KB
In addition, monetary policy was tightened over this period; in mid 2002 there were two 25 basis point increases, and then another two increases of the same amount in late 2003. ... Mortgage interest rate margins were compressed significantly, by about
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-06.pdf
Is Declining Union Membership Contributing to Low Wages Growth?
2 Apr 2019
RDP
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1832KB
remained stable at around percentage point per year, despite changes to the industrial relations. ... a point that we will return to later. In countries where union membership is considerably different.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-02.pdf
Estimating Inflation Expectations with a Limited Number of Inflation-indexed Bonds
8 Mar 2011
RDP
PDF
479KB
We assume that the standarddeviation of the bond price measurement error is 4 basis points. ... This is motivatedby market liaison which suggests that, excluding periods of market volatility, thebid-ask spread has stayed relatively constant over the
https://www.rba.gov.au/publications/rdp/2011/pdf/rdp2011-01.pdf
Is the Phillips Curve Still a Curve? Evidence from the Regions
29 Aug 2021
RDP
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1706KB
for Australia and elsewhere; when the unemployment rate falls by 1 percentage point, annual wages. ... point change in the unemployment rate from its current level would lead to a 0.51 percentage points.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-09.pdf
How Many Jobs Did JobKeeper Keep?
2 Dec 2020
RDP
PDF
1843KB
Our analysis focuses on a sample of employees who were employed on a casual basis immediately. ... These groups should be similar on average, because they are all employed on a casual basis and.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-07.pdf