Search: Real interest rate
RBA Glossary definition for Real interest rate
Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.
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
A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
that includes the ‘real’ and ‘nominal’ factors from our approximate dynamic factor model and the policy interest rate. ... t. No. Real OCR. Interest rates. Δx. t. No. 3-month bank bill.
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html
The Changing Role of the Private Sector in China | Conference – 2016
18 Mar 2016
Conferences
These firms have consistently generated higher rates of growth of total factor productivity that, in turn, have been reflected in a higher return on assets. ... the interest payments due on these prior loans) and to finance wage payments, social security
https://www.rba.gov.au/publications/confs/2016/lardy.html
What the FOMC Says and Does When the Stock Market Booms | Conference – 2003
18 Aug 2003
Conferences
where. is the desired (equilibrium) short-term interest rate, r is the equilibrium real interest rate plus the inflation target, π. ... The fact is that the equilibrium or neutral real interest rate surely changes over time as the growth rate of the
https://www.rba.gov.au/publications/confs/2003/cecchetti.html
A Rebalancing Chinese Economy: Challenges and International Implications | Conference – 2016
18 Mar 2016
Conferences
To some extent, de facto interest rate deregulation since the late 2000s via rapid issuance of wealth management products with market-based interest rates may have offset the effect of regulated ... Logically, for instance, interest rates need to be
https://www.rba.gov.au/publications/confs/2016/ma-roberts-kelly.html
Discussion | Conference – 2018
12 Apr 2018
Conferences
The tentative experience so far suggests that negative interest rates mainly work through the exchange rate, which some would see as ‘beggar thy neighbour’ policy. ... As such, it was appropriate to consider improvements now. One issue raised was that
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton-disc.html
The Evolution of Monetary Policy: From Money Targets to Inflation Targets | Conference – 1997
21 Jul 1997
Conferences
With the economy quite weak and inflation coming down, nominal interest rates were eased to 11 per cent – representing a real interest rate of around 4 per cent. ... Nor, given the surprisingly high real interest rates needed to restrain growth in 1989,
https://www.rba.gov.au/publications/confs/1997/grenville.html
Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough?
27 Nov 2006
Conferences
PDF
221KB
RBA Conference Volume 2003
https://www.rba.gov.au/publications/confs/2003/pdf/bean.pdf
Exploring the Link between the Macroeconomic and Financial Cycles | Conference – 2017
16 Mar 2017
Conferences
rate; and the macroeconomic variables are gross domestic product (GDP), employment and the unemployment rate. ... This method has the advantage of being able to estimate classical cycles, rather than cycles in growth rates.
https://www.rba.gov.au/publications/confs/2017/cagliarini-price.html
Discussion on News and Interest Rate Expectations: A Study of Six Central Banks | Conference – 2004
9 Aug 2004
Conferences
The benchmark result in the paper is for the interest rate futures four quarters ahead. ... If nobody knew the objectives of monetary policy or the central bank's framework for setting interest rates, interest rates would be completely unpredictable and
https://www.rba.gov.au/publications/confs/2004/connolly-kohler-disc.html
Determinants of Agricultural and Mineral Commodity Prices | Conference – 2009
17 Aug 2009
Conferences
Volatility. Spot-futures spread. Inventories. Real interest rate. Risk. Hypothesised sign on coefficient. /. ... The estimated effects of real interest rates are often positive, although never significant.
https://www.rba.gov.au/publications/confs/2009/frankel-rose.html