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Fiscal Policy and the Inflation Target
4 Feb 2015
RDP
PDF
847KB
15. FRB/US differs from many models published in textbooks and academic journals in that it is not designed for expositional purposes. ... The channels through which monetary and fiscal policy work in FRB/US are summarised by intermediate macroeconomics
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-02.pdf
International Interest Rate Linkages and Monetary Policy: The Case of Australia
19 Nov 2012
RDP
PDF
1014KB
more similar to the textbook fixed exchange rate regime. than to a floating exchange rate regime. ... floating of the exchange rate was, as in the textbooks, to gain.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8812.pdf
Introduction
31 Jan 1999
RDP
1999-01
Since that time Phillips curves have appeared for many countries under many guises, have found their way into textbooks and conferences, and have become part of the standard set of tools
https://www.rba.gov.au/publications/rdp/1999/1999-01/introduction.html
Issues in Modelling Monetary Policy
1 Dec 2009
RDP
PDF
94KB
in the objective function. This kind of formulation is a standard feature of literature on thetheory of monetary policy, as for example in the textbook treatment of Blanchard and Fischer(1989).
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9604.pdf
The Standard Model Needs Changing
26 Jul 2018
RDP
2018-08
an econometric textbook by Berndt (1991), various statistical agency series, and countless research publications, including from recent years.
https://www.rba.gov.au/publications/rdp/2018/2018-08/the-standard-model-needs-changing.html
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Inflation in Australia: Causes, Inertia and Policy
18 Apr 2007
RDP
PDF
349KB
basis. In a world where labour markets resemble the textbook. model of perfect competition, a tightening of monetary policy will almost certainly be accompanied by a rapid fall in nominal wage
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9105.pdf
Results
31 Dec 2011
RDP
2011-05
The responses to a commodity-market specific shock are consistent with a textbook ‘commodity supply’ shock, where a disruption to the supply of commodities is followed by an increase in commodity
https://www.rba.gov.au/publications/rdp/2011/2011-05/results.html
Uncertainty and Monetary Policy in Good and Bad Times
1 Oct 2017
RDP
2017-06
Black Monday is a textbook example of an uncertainty-inducing event. In October 1987, the minutes report that:.
https://www.rba.gov.au/publications/rdp/2017/2017-06/full.html
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Tax Policy and Housing Investment in Australia
19 Nov 2012
RDP
PDF
886KB
The above formula is the formula for an annuity paying 0.04u each year for forty years and is given in any finance textbook.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8907.pdf
Loan Rate Stickiness: Theory and Evidence
31 Jan 2006
RDP
PDF
819KB
In the textbook world of perfect competition with complete information, price equals marginal cost and the derivative of price with respect to marginal cost equals one.
https://www.rba.gov.au/publications/rdp/1992/pdf/rdp9206.pdf