Search: ASX

Sort by: Relevance Date
1–10 of 11 collapsed search results for ASX

RBA Glossary definition for ASX

ASX – The Australian Securities Exchange is Australia's primary national exchange for equities, warrants and equity-related derivatives.

Search Results

Monetary Policy, Equity Markets and the Information Effect

23 Mar 2021 RDP 2021-04
Calvin He
forecasts for earnings growth of the ASX 200 and Australian Global Industry Classification Standard (GICS) sectors. ... Figure 3: Response of ASX 200 to Monetary Policy. 100 basis point monetary policy tightening.
https://www.rba.gov.au/publications/rdp/2021/2021-04/full.html

Results

1 Apr 2021 RDP 2021-04
Calvin He
Figure 3: Response of ASX 200 to Monetary Policy. 100 basis point monetary policy tightening. ... Overall, I find little evidence that the information effect is present in the earnings component of the ASX 200.
https://www.rba.gov.au/publications/rdp/2021/2021-04/results.html

Appendix C: Semi-elasticity versus Elasticity

1 Apr 2021 RDP 2021-04
Calvin He
Download the Paper 1,551. KB. The baseline estimates for the ASX 200 index are estimated as semi-elasticities. ... To account for these dynamics, one would need to estimate an elasticity of the ASX 200 to the discount factor.
https://www.rba.gov.au/publications/rdp/2021/2021-04/appendix-c.html

Beyond Board Meetings

1 Apr 2021 RDP 2021-04
Calvin He
Figure 7: Response of ASX 200 to Monetary Policy. 100 basis point monetary policy tightening, by communication type. ... somewhat weaker when analysing the response of one-year-ahead ASX 200 earnings forecasts (Figure 8).
https://www.rba.gov.au/publications/rdp/2021/2021-04/beyond-board-meetings.html

Robustness and Extensions

1 Apr 2021 RDP 2021-04
Calvin He
Figure 11: Response of Long-term ASX 200 Earnings Growth Forecasts to Monetary Policy. ... not. Figure 17: Response of ASX 200 Earnings Growth Forecasts to Monetary Policy.
https://www.rba.gov.au/publications/rdp/2021/2021-04/robustness-and-extensions.html

Appendix B: Regression Output

1 Apr 2021 RDP 2021-04
Calvin He
Download the Paper 1,551. KB. Table B1: Baseline Results. ASX 200 index. ... ASX 200. Earnings forecasts. One-year-ahead. Long-term. Excl GFC. Full sample. Excl GFC.
https://www.rba.gov.au/publications/rdp/2021/2021-04/appendix-b.html

Data and Method

1 Apr 2021 RDP 2021-04
Calvin He
forecasts for earnings growth of the ASX 200 and Australian Global Industry Classification Standard (GICS) sectors. ... For equity prices, I take the change in the ASX 200 index around monetary policy announcements.
https://www.rba.gov.au/publications/rdp/2021/2021-04/data-and-method.html

Monetary Policy, Equity Markets and the Information Effect

23 Mar 2021 RDP 2021-04
Calvin He
These files include:. /data/equities/asx-shock.csv and. /data/equities/asx-shock-all.csv: only show changes in the ASX 200 index around monetary policy event times.
https://www.rba.gov.au/publications/rdp/2021/2021-04/read-me.html

Non-technical summary for ‘Monetary Policy, Equity Markets and the Information Effect’

23 Mar 2021 RDP 2021-04
Calvin He
Contrary to the predictions of the information effect hypothesis, however, I estimate that the ASX 200 earnings growth forecasts one year into the future increase by 1.9 percentage points following ... And the ASX 200 index increases by around 3 per cent
https://www.rba.gov.au/publications/rdp/2021/2021-04/non-technical-summary.html

Introduction

1 Apr 2021 RDP 2021-04
Calvin He
In response to a 100 basis point contractionary monetary policy surprise, I estimate that the ASX 200 index declines by around 3 per cent. ... One-year-ahead ASX 200 earnings growth forecasts also fall by 1.9 percentage points following the same monetary
https://www.rba.gov.au/publications/rdp/2021/2021-04/introduction.html