Search: tradables
RBA Glossary definition for tradables
tradables – Tradable items are things whose prices are largely determined on the world market like oil, motor vehicles and clothing. As such, the prices of tradable items are heavily influenced by exchange rate movements. By comparison, non-tradables refers to things that are not readily exported or imported, like medical services, housing and haircuts. As such, their prices are largely determined domestically.
Search Results
Inflation Measurement for Central Bankers | Conference – 2004
9 Aug 2004
Conferences
That is, poorer, more labour-intensive countries (for example, Greece, Portugal and Spain) generally have lower price levels since non-tradables, in general, are more labour intensive and hence relatively cheaper
https://www.rba.gov.au/publications/confs/2004/hill.html
Monetary Transmission in a Deregulated Financial System
19 Nov 2012
RDP
PDF
825KB
housing and fixed investment (typically with an important share of non-traded goods) more toward the export- and import-competing (tradable goods) industries".
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8811.pdf
Trade and the Global Recession
7 Apr 2016
Research Workshop
PDF
535KB
Reserve Bank of Australia Research Workshop 2015: Quantitative Macroeconomics
https://www.rba.gov.au/publications/workshops/research/2015/pdf/rba-workshop-2015-eaton-kortum-neiman-romalis.pdf
Three Australian Asset-price Bubbles
27 Nov 2006
Conferences
PDF
264KB
RBA Conference Volume 2003
https://www.rba.gov.au/publications/confs/2003/pdf/simon.pdf
References
1 Jan 1992
RDP
9201
Goldstein, Morris and Lawrence Officer (1979), “New Measures of Prices and Productivity For Tradable and Nontradable Goods”, Review of Income and Wealth, 25, 413–427.
https://www.rba.gov.au/publications/rdp/1992/9201/references.html
See 1 more results from "RDP 9201"
Money and Finance | Conference – 1990
21 Jun 1990
Conferences
If the change in the exchange rate is considered permanent, this should increase demand for non-tradable goods. ... Finally, any increases in demand will cause an additional inflationary effect upon the prices of non-tradable goods.
https://www.rba.gov.au/publications/confs/1990/milbourne.html
Wrap-up Discussion | Conference – 2011
16 Aug 2011
Conferences
Substitution between domestic production and imports may see non-tradables output falling, but the income effect may be enough to overwhelm the substitution effect.
https://www.rba.gov.au/publications/confs/2011/wrap-up-disc-2011.html
Change and Constancy in the Financial System: Implications for Financial Distress and Policy | Conference – 2007
20 Aug 2007
Conferences
of less easily tradable instruments such as loans.
https://www.rba.gov.au/publications/confs/2007/borio.html
Appendix A: Factor Mobility and Output Volatility – A Simple Model
31 Dec 2005
RDP
2005-08
Footnote. For simplicity, prices of outputs are assumed to be fixed to unity, which can occur if for example both outputs are tradable and the country in question is a small
https://www.rba.gov.au/publications/rdp/2005/2005-08/appendix-a.html
The Model
31 Dec 2007
RDP
2007-06
Some broad features of the model are: all output is tradable; prices are sticky as in Calvo (1983); there is full exchange rate pass-through; and there are complete securities markets.
https://www.rba.gov.au/publications/rdp/2007/2007-06/model.html