Search: Nominal interest rate
RBA Glossary definition for Nominal interest rate
Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.
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.
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List of tables
10 Sep 2006
FSR
– September 2006
b) The banks' average standard variable housing rate prior to 2000; thereafter, the actual interest rate paid (including discounts) on new loans. ... a). 2004. 2005. 2006. (b). Interest rate. 0.02. 0.02. 0.01. Foreign exchange.
https://www.rba.gov.au/publications/fsr/2006/sep/tables.html
Appendix C: The Effect of Different Interest Rate Assumptions
1 Feb 1998
RDP
9803
The right-hand panel shows how nominal interest rates respond to this shock when policy-makers use a Taylor-type rule, responding to inflation and output forecasts four periods ahead, with ... If policy-makers are assumed to keep real, rather than nominal
https://www.rba.gov.au/publications/rdp/1998/1998-03/appendix-c.html
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Appendix A: Affine Term Structure Model
12 May 2023
RDP
2023-04
In the model the one-period nominal interest rate r. t. is given by. ... Consistent with ACM, our factors are the first K principal components from a panel of nominal interest rates.
https://www.rba.gov.au/publications/rdp/2023/2023-04/appendix-a.html
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Resilience of Australian Households and Businesses
22 Mar 2024
FSR
– March 2024
Resilience of Australian Households and Businesses | Financial Stability Review – March 2024
https://www.rba.gov.au/publications/fsr/2024/mar/resilience-of-australian-households-and-businesses.html
The Australian Experience
1 Jul 1990
RDP
9002
The second period of domestic interest rates above world interest rates began in 1981/82 and corresponded to a period of nominal exchange rate depreciation against the U.S. ... The fall in interest rates during 1987 corresponds to a period of nominal
https://www.rba.gov.au/publications/rdp/1990/9002/australian-experience.html
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The Consequences of Low Interest Rates for the Australian Banking Sector
19 Dec 2022
RDP
PDF
1588KB
meant by the ‘low interest rate environment’. Rather than referring to rates that are temporarily low,. ... evidence. In jurisdictions with a negative policy rate, retail deposit interest rates remained close to.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-08.pdf
Risk Effects Versus Monetary Effects in the Determination of Short-term Interest Rates
19 Nov 2012
RDP
PDF
451KB
An equation for nominal interest rates of various. maturities is derived, together with exact expressions for the theoretical. ... alternative approach, taking a simple macroeconomic equation for the. determination of nominal interest rates under price
https://www.rba.gov.au/publications/rdp/1987/pdf/rdp8708.pdf
Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
16 Mar 2023
RDP
PDF
1288KB
nominal interest rates hit the effective lower bound. While a range of explanations for weak productivity growth have been advanced, credible accounts. ... Jenner 2019). This low level of non-mining investment occurred despite declines in interest rates.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf
An Empirical Model of Australian Interest Rates, Exchange Rates and Monetary Policy
19 Nov 2012
RDP
PDF
729KB
For example, if nominal interest rates increase because inflation is expected to increase, the exchange rate will probably depreciate, contrary to the predictions of the portfolio balance. ... interest rates and the $A/$US exchange rate contemporaneously,
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9009.pdf
Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!
1 May 2023
RDP
PDF
1465KB
the future path of interest rates and premia based on data on yields. ... Many papers incorporate specific interest rates, such as the cash rate, or other short-term interest.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-04.pdf