Search: Nominal interest rate
RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
Search Results
How Risky is Australian Household Debt?
25 Aug 2020
RDP
2020-05
consumption, debt, financial markets, financial stability, households, households, income and wealth, interest rates, modelling, money. ... In particular: fundamental factors (higher real incomes, a fall in nominal interest rates, financial
https://www.rba.gov.au/publications/rdp/2020/2020-05.html
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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
growth in the dwelling stock, changes in mortgage interest rates and the rate of inflation. ... of interest rates. This implies that the ratio of nominal dwelling investment to nominal consumption.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
PDF
1715KB
A. reduction of the policy interest rate stimulates investment by: increasing aggregate demand;. ... change on investment. Indeed, a negative relationship between investment and interest rates is.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf
Competition and the Phillips Curve
19 Dec 2023
Research Workshop
PDF
833KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-fujiwara-matsuyama.pdf
Conclusions
31 Dec 1977
RDP
1977-06
This is not to deny that market forces have influenced nominal interest rates; indeed, the bond rate reaction function allows for adjustment towards a target rate determined by the monetary growth ... similar way as the standard RBA76 model in which the
https://www.rba.gov.au/publications/rdp/1977/7706/conclusions.html
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Scenario Analysis
31 Dec 2014
RDP
2014-11
The model suggests that Australian nominal interest rates would have been considerably higher if the nominal exchange rate had not appreciated, reflecting higher domestic inflation. ... Higher inflation and stronger economic growth would have translated
https://www.rba.gov.au/publications/rdp/2014/2014-11/sce-analysis.html
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Data Appendix
1 Sep 1991
RDP
9108
Real interest rates are calculated by adjusting annualised nominal interest rates for annualised inflationary expectations. ... Short Nominal Interest Rates. US, UK, Japan and Germany – 3 month Eurocurrency rates taken at last trading day of month from
https://www.rba.gov.au/publications/rdp/1991/9108/data-appendix.html
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Read me file for Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
10 Dec 2023
RDP
PDF
160KB
RDP 2023-09 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-09/rdp-2023-09-read-me.pdf
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
22 Dec 2023
RDP
2023-09
nmbi: non-mining business investment – ABS national accounts. btcs: Beckers (2020) shock measure, not accounting for cash rate expectations. ... cr: cash rate changes – RBA statistical table F1.1 Interest Rates and Yields – Money Market – Monthly.
https://www.rba.gov.au/publications/rdp/2023/2023-09/read-me.html
Exchange Rate Policies at the Zero Lower Bound
4 Jan 2018
Research Workshop
PDF
1012KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-javier-bianchi.pdf