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Stable Rational Expectations Equilibria
31 Dec 2007
RDP
2007-06
This is the ‘butterfly effect’: a situation in which the failure to pin down the equilibrium of the large economy allows developments in the small economy to affect developments in the
https://www.rba.gov.au/publications/rdp/2007/2007-06/stable-rational-expectations.html
The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets
14 Feb 2020
RDP
PDF
1878KB
The key assumption to pin down the distributional effects of monetary policy on local housing prices. (
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-02.pdf
On Some Recent Developments in Monetary Economics
19 Nov 2012
RDP
PDF
829KB
were difficult to pin down. Links from varying activity to inflation were not.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8605.pdf
Housing Prices, Mortgage Interest Rates and the Rising Share of Capital Income in the United States
25 May 2016
RDP
PDF
1165KB
in different countries). This limits the impact of any confounding factors and helps to pin down the.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-04.pdf
Do Interest Rates Affect Business Investment? Evidence from Australian Company-level Data
27 Apr 2018
RDP
PDF
1257KB
using aggregate data. But even in micro data studies it can be hard to pin down the causal effect of interest rates on.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-05.pdf
Do Collective Action Clauses Influence Bond Yields? New Evidence from Emerging Markets
2 Dec 2009
RDP
PDF
91KB
DO COLLECTIVE ACTION CLAUSES INFLUENCE BOND YIELDS? NEW EVIDENCE FROM EMERGING MARKETS. Mark Gugiatti and Anthony Richards. Research Discussion Paper 2003-02. March 2003. International Department Economic Research Department. Reserve Bank of
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-02.pdf
The Sticky Information Phillips Curve: Evidence for Australia
15 Apr 2015
RDP
PDF
737KB
Because the outputgap enters both the SIPC and the NKPC when ω is above zero, the encompassingtest cannot precisely pin down the output gap parameters α and ρ in each
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-04.pdf
Monetary Policy and the Exchange Rate: Evaluation of VAR Models
30 Sep 2010
RDP
PDF
334KB
for some matrix H such that HH ′= PΣP′. An identification problem arises if thereare not enough restrictions to uniquely pin down H from the matrix V.
https://www.rba.gov.au/publications/rdp/2010/pdf/rdp2010-07.pdf
The Role of International Shocks in Australia’s Business Cycle
2 Dec 2009
RDP
PDF
372KB
for some matrix H such that HH ′= PΣP′. An identification problem arises if thereare not enough restrictions to uniquely pin down H from the matrix V.12.
https://www.rba.gov.au/publications/rdp/2008/pdf/rdp2008-08.pdf
The Butterfly Effect of Small Open Economies
27 Jun 2007
RDP
PDF
246KB
This is the ‘butterfly effect’: a situationin which the failure to pin down the equilibrium of the large economy allowsdevelopments in the small economy to affect developments in the large one.
https://www.rba.gov.au/publications/rdp/2007/pdf/rdp2007-06.pdf