Search: fiscal transparency
RBA Glossary definition for fiscal transparency
fiscal transparency – The facility which enables investors and other interested parties to satisfy themselves as to the nature and quality of the decision process pursued by policy-makers in government or the corporate entity concerned. One of the 12 key standards identified by the Financial Stability Forum as the minimum required for good practice in sound financial systems. Fiscal transparency strengthens accountability of the government and decreases the risk of maintaining unsustainable policies.
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Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017
16 Mar 2017
Conferences
The problem could be exacerbated if the sovereign's creditworthiness came under strain: historically, fiscal crises have often occurred on the heels of financial crises (e.g. ... Jordà, Schularick and Taylor 2016). This is partly because financial booms
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html
The Australian Government's Current Approach to Monetary Policy: An Evaluation
7 Dec 2006
Conferences
PDF
70KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/stemp.pdf
Discussion | Conference – 2018
12 Apr 2018
Conferences
This led to some discussion on transparency and communication. A participant noted that these had previously been agreed as two key pillars of an effective inflation-targeting regime, and that they ... Lastly, the point was made that the role of fiscal
https://www.rba.gov.au/publications/confs/2018/broadbent-disc.html
Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach
1 Feb 2017
RDP
2017-01
Publishing estimates of uncertainty can also enhance a central bank's transparency, credibility, and accountability. ... Fiscal policy represents another area where conditioning assumptions could have implications for using historical forecast errors to
https://www.rba.gov.au/publications/rdp/2017/2017-01/full.html
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It Takes More Than a Bubble to Become Japan | Conference – 2003
18 Aug 2003
Conferences
From that point onwards, fiscal policy tended to be contractionary, and public investment has been declining since 1998. ... Of course, a package combining fiscal and monetary stimulus would have been best.
https://www.rba.gov.au/publications/confs/2003/posen.html
QUANTITATIVE EASINGEmail: w.cui@ucl.ac.uk and v.sterk@ucl.ac.uk. We thank Marios Angeletos, Richard Harrison, and seminar participants at…
18 Nov 2018
Research Workshop
PDF
872KB
assets. Cui (2016) studies the optimal monetary-fiscal policy mix in a model in which the.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf
Transcript of Question & Answer Session on 20 April 2023
20 Apr 2023
Speech
Transcript of Question & Answer Session , Media Briefing, Sydney
https://www.rba.gov.au/speeches/2023/sp-gov-2023-04-20-q-and-a-transcript.html
Central Counterparty Loss Allocation and Transmission of Financial Stress
16 Mar 2015
RDP
PDF
1285KB
One goal of the reform program is to ‘make derivative markets safer’ by reducing interconnectedness, improving counterparty risk management and increasing transparency.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-02.pdf
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
Minutes of discussions (without names) and voting records (with names) were to be disclosed with a delay of about one month, as a part of enhanced transparency. ... In Japan, one additional consideration is the impact of deflation on fiscal settings.
https://www.rba.gov.au/publications/confs/2004/ito.html
Liquidity, Financial Crises and the Lender of Last Resort – How Much of a Departure is the Sub-prime Crisis? | Conference – 2008
14 Jul 2008
Conferences
It may also conflict with fiscal rules if there is a guarantee by the fiscal authority. ... This potential fiscal burden, in turn, helps motivate the separation of regulation from central banks (Goodhart and Schoenmaker 1995).
https://www.rba.gov.au/publications/confs/2008/davis.html