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9 May 2024
RDP
PDF
4625KB
fixed interest rate in exchange for receiving the average cash rate recorded over the term of the swap. ... from financial institutions. This measure of the cash rate has been published by the Reserve Bank.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf
21 Nov 2023
RDP
PDF
2354KB
emerging, often enabled by mobile technology, while transactional use of cash is declining. ... with cash declined more modestly from 11 per cent to 8 per cent.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf
11 Dec 2023
RDP
2023-09
Gulnara Nolan, Jonathan Hambur and Philip Vermeulen
This suggests that evidence that some, particularly large, firms have sticky hurdle rates does not mean that they do not respond to monetary policy. ... We find evidence that financially constrained firms, and sectors that are more dependent on external
https://www.rba.gov.au/publications/rdp/2023/2023-09.html
See 1 more results from "RDP 2023-09"
19 Dec 2023
RDP
2023-09
We allow the shock to enter the model directly, similar to Durante et al (2022), rather than using it as an instrument for changes in the cash rate. ... That said, the results are reasonably robust to using the shock as an instrument for cash rate changes
https://www.rba.gov.au/publications/rdp/2023/2023-09/methodology.html
1 Dec 2018
RDP
2018-12
Richard Finlay, Andrew Staib and Max Wakefield
While we believe that the loss rates of paper banknotes serves as a reasonable indicator for the loss rate of polymer banknotes, there are some important reasons why they may differ. ... Thus, broadly speaking, only the transactional stock of banknotes
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html
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19 May 2022
RDP
PDF
1938KB
AGS yields to term-matched overnight indexed swap (OIS) rates.10 The cash rate target was reduced. ... the expected average overnight cash rate over the term of the OIS contract.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-02.pdf
18 May 2017
RDP
PDF
2157KB
For example, the ‘direct effect’ of interest rates is the difference between the overall inflation response and the response when the coefficients on the cash rate in the inflation equation are ... GDP but only lagged observations on the cash rate
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-02.pdf
16 Aug 2018
RDP
2018-09
Nicholas Garvin
False detection and false omission rates are estimated to be 3 per cent or less. ... From 2006 to 2015, the distribution of repo-rate spreads (to the cash rate) drifted up and tightened, and the market shifted towards overnight maturities.
https://www.rba.gov.au/publications/rdp/2018/2018-09.html
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13 Aug 2018
RDP
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2622KB
more narrowly around the cash rate. Another way to examine false detections is to look for implied interest rates that are not whole basis. ... 14. Figure 2: Repo Detections at Placebo Rates. Against spread to cash rate or to negative of cash rate, log
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-09.pdf
10 Dec 2023
RDP
PDF
160KB
RDP 2023-09 supplementary information
https://www.rba.gov.au/publications/rdp/2023/2023-09/rdp-2023-09-read-me.pdf