Search: monetary aggregates

Sort by: Relevance Date
1120 of 1,031 search results for monetary aggregates

RBA Glossary definition for monetary aggregates

monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector

Search Results

OECD Country Experiences with Disinflation | Conference – 1992

10 Jul 1992 Conferences
Palle Schelde-Andersen
A fourth but separate issue is the interpretation of changes in monetary aggregates. ... Considering the importance assigned to monetary policy in reducing the rate of inflation, the development in monetary aggregates is conspicuous by its absence in
https://www.rba.gov.au/publications/confs/1992/schelde-andersen.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

Financial System Liquidity, Asset Prices and Monetary Policy | Conference – 2005

11 Jul 2005 Conferences
Hyun Song Shin
1. Introduction. Monetary policy works by manipulating asset prices, especially long-term interest rates. ... The loop thus created will generate amplified responses to the changing of monetary policy.
https://www.rba.gov.au/publications/confs/2005/shin.html

Expectations and the Neutrality of Interest Rates

27 Nov 2023 Conferences PDF 477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf

Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018

12 Apr 2018 Conferences
Ben Broadbent
The distinct Monetary Policy Committee (MPC) and Financial Policy Committee (FPC) should become a single ‘FMPC’. ... Differences in objectives also drive many results concerning fiscal and monetary policy coordination.
https://www.rba.gov.au/publications/confs/2018/broadbent.html

Oil Price Shocks, Monetary Policy and Stagflation | Conference – 2009

17 Aug 2009 Conferences
Lutz Kilian
RBA Annual Conference – 2009 Oil Price Shocks, Monetary Policy and Stagflation Lutz Kilian. ... Price stability has become universally accepted as the key objective of monetary policy.
https://www.rba.gov.au/publications/confs/2009/kilian.html

The Lessons for Monetary Policy | Conference – 1991

21 Jun 1991 Conferences
Ian Macfarlane
Not much will be said about the growth of other monetary aggregates because this has been covered elsewhere. ... This is lower than for any other money or credit aggregate, and is, therefore, not an indication that monetary policy had been eased.
https://www.rba.gov.au/publications/confs/1991/macfarlane.html

Is Monetary Policy Less Effective When Interest Rates Are Persistently Low? | Conference – 2017

16 Mar 2017 Conferences
Claudio Borio and Boris Hofmann
This evidence of potentially reduced effectiveness of unconventional monetary policy may reflect various factors. ... How relevant this effect is for aggregate macroeconomic outcomes remains an open question.
https://www.rba.gov.au/publications/confs/2017/borio-hofmann.html

The Transmission of Monetary Policy through Banks' Balance Sheets | Conference – 2018

12 Apr 2018 Conferences
Anthony Brassil, Jon Cheshire and Joseph Muscatello
In any case, aggregate pass-through is what most concerns a central bank. ... These components will then be aggregated to determine the aggregate pass-through of monetary policy to the major banks' discretionary lending and deposit rates (Section 5).
https://www.rba.gov.au/publications/confs/2018/brassil-cheshire-muscatello.html

Wrap-up Panel Discussion

27 Nov 2023 Conferences PDF 144KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-panel-discussion.pdf