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RBA Glossary definition for monetary policy

monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.

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Appendix C: Additional Microdata Results

19 Dec 2023 RDP 2023-09
RDP 2023-09: Does Monetary Policy Affect Non-mining Business Investment in Australia? ... IV approach, full sample. Notes: Monetary policy shock is instrumented via cash rate.
https://www.rba.gov.au/publications/rdp/2023/2023-09/appendix-c.html

Read me file for Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Adminstrative Data

13 Feb 2024 RDP PDF 206KB
RDP 2024-01 supplementary information
https://www.rba.gov.au/publications/rdp/2024/2024-01/rdp-2024-01-read-me.pdf

The Lags of Monetary Policy

1 Dec 2009 RDP PDF 246KB
lag from monetary policy to outputgrowth has become any shorter in the 1990s. ... In setting monetary policy, policy-makers do notrely solely on data about the past, but base their decisions also on information aboutcurrent and expected future
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9702.pdf

Conclusion

19 Dec 2023 RDP 2023-09
RDP 2023-09: Does Monetary Policy Affect Non-mining Business Investment in Australia? ... helps us to understand how the effects of monetary policy could change over time.
https://www.rba.gov.au/publications/rdp/2023/2023-09/conclusion.html

Monetary Policy Goals for Inflation in Australia

30 Nov 2009 RDP PDF 85KB
is a relative paucity of academic literature on operating monetary policy withexplicit inflation targets. ... 1, monetary policy focuses completely on maintaining anoutput gap as small as possible.
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9503.pdf

International Interest Rate Linkages and Monetary Policy: The Case of Australia

1 Dec 1988 RDP 8812
Ian Macfarlane
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1988/8812.html
See 9 more results from "RDP 8812"

The Lags of Monetary Policy

1 Apr 1997 RDP 9702
David Gruen, John Romalis and Naveen Chandra
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1997/9702.html
See 8 more results from "RDP 9702"

An Optimising Model for Monetary Policy Analysis: Can Habit Formation Help?

1 Sep 1998 RDP 9812
Jeffrey C. Fuhrer
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1998/9812.html
See 12 more results from "RDP 9812"

Methodology

19 Dec 2023 RDP 2023-09
RDP 2023-09: Does Monetary Policy Affect Non-mining Business Investment in Australia? ... We employ a local projections approach (Jordà 2005) of the following form to trace out the effect of monetary policy shocks (shock.
https://www.rba.gov.au/publications/rdp/2023/2023-09/methodology.html

References

19 Dec 2023 RDP 2023-09
RDP 2023-09: Does Monetary Policy Affect Non-mining Business Investment in Australia? ... Beckers B (2020), ‘Credit Spreads, Monetary Policy and the Price Puzzle’, RBA Research Discussion Paper No 2020-01.
https://www.rba.gov.au/publications/rdp/2023/2023-09/references.html