Search: fiscal transparency

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RBA Glossary definition for fiscal transparency

fiscal transparency – The facility which enables investors and other interested parties to satisfy themselves as to the nature and quality of the decision process pursued by policy-makers in government or the corporate entity concerned. One of the 12 key standards identified by the Financial Stability Forum as the minimum required for good practice in sound financial systems. Fiscal transparency strengthens accountability of the government and decreases the risk of maintaining unsustainable policies.

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Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference – 2008

14 Jul 2008 Conferences
E Philip Davis
It may also conflict with fiscal rules if there is a guarantee by the fiscal authority. ... This potential fiscal burden, in turn, helps motivate the separation of regulation from central banks (Goodhart and Schoenmaker 1995).
https://www.rba.gov.au/publications/confs/2008/davis.html

Financial-asset Prices and Monetary Policy: Theory and Evidence | Conference – 1997

21 Jul 1997 Conferences
Frank Smets
Using an MCI is beneficial in terms of practicality and because it contributes to transparency about how the central bank intends to achieve its announced inflation target. ... This increased transparency may be more important in a monetary-policy
https://www.rba.gov.au/publications/confs/1997/smets.html

Inflation Targeting in New Zealand: An Experience in Evolution

10 Feb 2020 Conferences PDF 1482KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-mcdermott-williams.pdf

Welfare-Maximizing Monetary Policy under Parameter Uncertainty

13 Dec 2007 Research Workshop PDF 312KB
Reserve Bank of Australia Workshop 2007: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2007/edge.pdf

The Australian Economic ‘Miracle’: A View from the North | Conference – 2000

24 Jul 2000 Conferences
Charles Bean
Certainly current fiscal innovations such as Charter for Budget Honesty (1998) and the adoption of accruals accounting are likely to help by increasing the transparency of fiscal policy and make it ... In that case the recent innovations to increase
https://www.rba.gov.au/publications/confs/2000/bean.html

Discussion | Conference – 2018

12 Apr 2018 Conferences
Hutchins Center on Fiscal & Monetary Policy at Brookings, Hutchins Center Working Paper No 15. ... A participant stated that monetary policy and fiscal policy ultimately have to be consistent.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton-disc.html

What Have We Learned in the Past 50 Years about the International Financial Architecture?

22 Jul 2010 Conferences PDF 77KB
RBA Conference Volume 2010
https://www.rba.gov.au/publications/confs/2010/pdf/crockett.pdf

Monetary and Macroprudential Policies: The Case for a Separation of Powers

10 Feb 2020 Conferences PDF 1527KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-broadbent.pdf

The Australian Government's Current Approach to Monetary Policy: An Evaluation | Conference – 1997

21 Jul 1997 Conferences
Peter J. Stemp
This ideal of transparency is unlikely to be present when the adopted regime involves finetuning. ... Transparency: measures the extent to which information and forecasts used in determining the stance of monetary policy are clearly available.
https://www.rba.gov.au/publications/confs/1997/stemp.html

The Changing Way We Pay: Trends in Consumer Payments

4 Feb 2015 RDP PDF 1225KB
Research Discussion Paper. The Changing Way We Pay: Trends in Consumer Payments. Crystal Ossolinski, Tai Lam and David Emery. RDP 2014-05. The Discussion Paper series is intended to make the results of the current economic research within the
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-05.pdf