Search: GFC

Sort by: Relevance Date
1–4 of 4 collapsed search results for GFC

RBA Glossary definition for GFC

GFC – Global Financial Crisis

Search Results

Survival Modelling

1 Dec 2015 RDP 2015-10
Alexandra Rush
GFC. A dummy variable that controls for the potential increase in precautionary demand for $20 and $50 banknotes during the GFC and equals one between October 2008 and August 2009. ... 0.05. GFC. 0.05. 0.14. Distribution policy. 0.25. 0.24. Quality
https://www.rba.gov.au/publications/rdp/2015/2015-10/survival-modelling.html

Appendix C: Other Survival Model Specifications

1 Dec 2015 RDP 2015-10
Alexandra Rush
0.10. Federation $5. 0.21. Y2K. 0.06. 0.10. GFC. 0.02. 0.09. Distribution policy.
https://www.rba.gov.au/publications/rdp/2015/2015-10/appendix-c.html

Introduction

1 Dec 2015 RDP 2015-10
Alexandra Rush
While simple to construct, a key limitation to these measures is that they are very sensitive to demand shocks, such as the global financial crisis (GFC), and cannot control for changes
https://www.rba.gov.au/publications/rdp/2015/2015-10/introduction.html

Limitations of the Steady-state Methods

1 Dec 2015 RDP 2015-10
Alexandra Rush
Two examples include Y2K and the GFC where the public's demand for banknotes increased substantially. ... For example, in late 2008, the demand for $50 banknotes increased sharply in response to the GFC.
https://www.rba.gov.au/publications/rdp/2015/2015-10/limitations-of-the-steady-state-methods.html