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RBA Glossary definition for monetary aggregates

monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector

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The Relationship Between Financial Indicators and Economic Activity: 1968–1987 | Conference – 1989

31 Dec 1968 Conferences
Michele Bullock, Dirk Morris and Glenn Stevens
The evidence for monetary and credit aggregates is mixed. M1 tends to lead private spending (though this is probably not independent of interest rates). ... For the monetary and credit aggregates, all data are from the Reserve Bank Bulletin.
https://www.rba.gov.au/publications/confs/1989/bullock-morris-stevens.html

OECD Country Experiences with Disinflation | Conference – 1992

10 Jul 1992 Conferences
Palle Schelde-Andersen
A fourth but separate issue is the interpretation of changes in monetary aggregates. ... Considering the importance assigned to monetary policy in reducing the rate of inflation, the development in monetary aggregates is conspicuous by its absence in
https://www.rba.gov.au/publications/confs/1992/schelde-andersen.html

Financial System Liquidity, Asset Prices and Monetary Policy

27 Nov 2006 Conferences PDF 279KB
RBA Conference Volume 2005
https://www.rba.gov.au/publications/confs/2005/pdf/shin.pdf

Expectations and the Neutrality of Interest Rates

27 Nov 2023 Conferences PDF 477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf

Wrap-up Panel Discussion

27 Nov 2023 Conferences PDF 144KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-panel-discussion.pdf

Financial System Liquidity, Asset Prices and Monetary Policy | Conference – 2005

11 Jul 2005 Conferences
Hyun Song Shin
1. Introduction. Monetary policy works by manipulating asset prices, especially long-term interest rates. ... The loop thus created will generate amplified responses to the changing of monetary policy.
https://www.rba.gov.au/publications/confs/2005/shin.html

Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018

12 Apr 2018 Conferences
Ben Broadbent
The distinct Monetary Policy Committee (MPC) and Financial Policy Committee (FPC) should become a single ‘FMPC’. ... Differences in objectives also drive many results concerning fiscal and monetary policy coordination.
https://www.rba.gov.au/publications/confs/2018/broadbent.html

Decomposing Supply and Demand Driven Inflation

23 Nov 2023 Conferences PDF 847KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-shapiro-presentation.pdf

Oil Price Shocks, Monetary Policy and Stagflation | Conference – 2009

17 Aug 2009 Conferences
Lutz Kilian
RBA Annual Conference – 2009 Oil Price Shocks, Monetary Policy and Stagflation Lutz Kilian. ... Price stability has become universally accepted as the key objective of monetary policy.
https://www.rba.gov.au/publications/confs/2009/kilian.html

Discussion of Inflation and Interest Rates

20 Dec 2023 Conferences PDF 150KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane-discussion.pdf