Search: SOEs

Sort by: Relevance Date
1–7 of 7 collapsed search results for SOEs

RBA Glossary definition for SOEs

SOEs – state owned enterprises

Search Results

Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
For monetary policy, this assumption is reflected in the so called ‘neutrality’ of monetary policy. ... The ABS do not provide the sample weights so we use unweighted data.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html

Conclusion

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
SMEs are less likely to innovate and adopt after a contractionary monetary policy shock, but large firms are more likely to do so. ... As such, monetary policy appears to affect innovation by affecting demand in the economy – so via the demand channel
https://www.rba.gov.au/publications/rdp/2024/2024-01/conclusion.html

Literature Review

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
For monetary policy, this assumption is reflected in the so called ‘neutrality’ of monetary policy.
https://www.rba.gov.au/publications/rdp/2024/2024-01/literature-review.html

Data and Methodology

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
The ABS do not provide the sample weights so we use unweighted data. ... We adopt this measure as our preferred shock measure because previous research found that it is able to overcome the so-called price puzzle in Australian data: that contractionary
https://www.rba.gov.au/publications/rdp/2024/2024-01/data-and-methodology.html

Macroeconomic Effects on Productivity

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
This could potentially reflect the fact that Australia imports innovation, and so while adoption of technologies declines the actual stock of global knowledge is unaffected, allowing firms to catch up more
https://www.rba.gov.au/publications/rdp/2024/2024-01/macroeconomic-effects-on-productivity.html

Copyright and Disclaimer Notice

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
2018, source data are de-identified and so data about specific individuals has not been viewed in conducting this analysis.
https://www.rba.gov.au/publications/rdp/2024/2024-01/copyright-and-disclaimer-notice.html

Through Which Channels Does Monetary Policy Affect Innovation?

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
So a 100 basis point shock (which is very large historically) would cause the share of SMEs noting that a lack of funds are hampering innovation to increase by around 15
https://www.rba.gov.au/publications/rdp/2024/2024-01/through-which-channels-does-monetary-policy-affect-innovation.html