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IT – Information Technology

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The Unit-effect Normalisation in Set-identified Structural Vector Autoregressions

11 Oct 2022 RDP 2022-04
Matthew Read
I argue that it is therefore important to communicate about the extent to which the identified set may be unbounded, since this tells us about the informativeness of the identifying restrictions,
https://www.rba.gov.au/publications/rdp/2022/2022-04.html
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How Many Jobs Did JobKeeper Keep?

23 Nov 2020 RDP 2020-07
James Bishop and Iris Day
We find that one in five employees who received JobKeeper (and, thus, remained employed) would not have remained employed during this period had it not been for the JobKeeper Payment.
https://www.rba.gov.au/publications/rdp/2020/2020-07.html
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MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
During large downturns, monetary policy is more effective than usual because it can reduce loan losses and therefore moderate any reduction in credit supply.
https://www.rba.gov.au/publications/rdp/2022/2022-01.html
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Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020

9 May 2024 RDP PDF 4625KB
settlement and payment system obligations. It is more likely that demand for these purposes only. ... Since idtb maps each unit to. a bid, it represents the inverse bid function.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf

What Is Driving Participation and Diversity Trends in Economics? A Survey of High School Students

29 Jun 2021 RDP 2021-06
Tanya Livermore and Mike Major
In particular, it remains that females have less interest in Economics and a less clear idea of ‘whether they would be good at it’ or what the subsequent career opportunities may ... be. Furthermore, students from a lower socio-economic background
https://www.rba.gov.au/publications/rdp/2021/2021-06.html
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The Causes, Challenges and Consequences of the Low Interest Rate Environment

30 Dec 2022 Conferences Conference 2022
Papers and presentations presented at Reserve Bank of Australia 2022 Conference
https://www.rba.gov.au/publications/confs/2022/

Financial Conditions and Downside Risk to Economic Activity in Australia

23 Mar 2021 RDP 2021-03
Luke Hartigan and Michelle Wright
As such, it provides a way to quantify the economic costs of financial instability. ... In order to implement this framework, we develop a new financial conditions index for Australia and show that it correlates closely with previous episodes of
https://www.rba.gov.au/publications/rdp/2021/2021-03.html
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Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
It is designed with a focus on understanding systemic vulnerabilities and a philosophy of prioritising transparency over complexity. ... The paper sets out the key features of this model, how it was used during the past two years and the areas in which
https://www.rba.gov.au/publications/rdp/2022/2022-03.html
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Discussion on Australia's Prosperous 2000s: Housing and the Mining Boom | Conference – 2011

24 Jul 2000 Conferences
It is worth stressing the centrality of the Asian development story for Australia. ... If individuals are risk averse, then it makes sense to save more now.
https://www.rba.gov.au/publications/confs/2011/kearns-lowe-disc.html

Reforms to the Payment Systems (Regulation) Act 1998 Submission to Senate Economics Legislation Committee – February 2024 | Payments System …

23 Feb 2024 Submissions
The way Australians make payments has changed significantly since the existing regulatory frameworks were put in place, and it is important that regulation is able to adapt to new developments and
https://www.rba.gov.au/publications/submissions/payments-system/reforms-to-the-psra/index.html