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RBA Glossary definition for broad money

broad money – The widest definition of money published by the Reserve Bank of Australia (RBA). Broad money is defined as currency plus ADI deposits from the non-AFI private sector, plus other short-term liquid AFI liabilities held by the non-AFI private sector.

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Is the Phillips Curve Still a Curve? Evidence from the Regions

31 Aug 2021 RDP 2021-09
James Bishop and Emma Greenland
In what follows, we seek only to convey the broad intuition for each issue and how it is addressed using regional data. ... Employee income is a broad measure of labour costs that includes wages, bonuses, allowances, superannuation and redundancy payments
https://www.rba.gov.au/publications/rdp/2021/2021-09/full.html
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Is the Phillips Curve Still a Curve? Evidence from the Regions

29 Aug 2021 RDP PDF 1706KB
to convey the broad intuition for each issue and how it is addressed using regional data. ... Employee income is a broad measure of labour costs that includes wages, bonuses, allowances,.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-09.pdf

Non-technical summary for ‘Macroprudential Limits on Mortgage Products: The Australian Experience’

26 Jul 2021 RDP 2021-07
Nicholas Garvin, Alex Kearney and Corrine Rosé
The broad aim of macroprudential policy is to manage systemic risk in the financial sector.
https://www.rba.gov.au/publications/rdp/2021/2021-07/non-technical-summary.html
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What Is Driving Participation and Diversity Trends in Economics? A Survey of High School Students

29 Jun 2021 RDP 2021-06
Tanya Livermore and Mike Major
d). 50. 13. Not all about money. Economics is not all about money. ... Used for social good. Not all about money. Male. 0.01. 0.00.
https://www.rba.gov.au/publications/rdp/2021/2021-06/full.html
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What Is Driving Participation and Diversity Trends in Economics? A Survey of High School Students

24 Jun 2021 RDP PDF 1556KB
in particular, interest rates, inflation and money illusion). Using this test, only around half of. ... Not all about money Economics is not all about money(d) 30 7.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-06.pdf

Central Bank Communication: One Size Does Not Fit All

24 May 2021 RDP 2021-05
Joan Huang and John Simon
This suggests that a focus on simple readability metrics, as is common, may fail to increase a broad measure of readability. ... For simplicity, we divide the audience into 2 broad groups: economists and non-economists.
https://www.rba.gov.au/publications/rdp/2021/2021-05/full.html
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Discussion, Limitations and Future Research

1 Apr 2021 RDP 2021-04
Calvin He
Moreover, looking across industries suggests that the decline in earnings forecasts following a tightening in monetary policy is broad based but strongest in exchange rate-exposed sectors.
https://www.rba.gov.au/publications/rdp/2021/2021-04/discussion-limitations-and-future-research.html
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Financial Conditions and Downside Risk to Economic Activity in Australia

23 Mar 2021 RDP 2021-03
Luke Hartigan and Michelle Wright
FCIs are constructed as a weighted average of a broad range of indicators, including asset prices, credit, money, interest rates and the exchange rate. ... LD. 31. M3. RBA. Aus. 1976:Q3. 2020:Q3. LD. 32. Broad money.
https://www.rba.gov.au/publications/rdp/2021/2021-03/full.html
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Financial Conditions and Downside Risk to Economic Activity in Australia

17 Mar 2021 RDP PDF 1966KB
asset prices, credit, money, interest rates and the exchange rate. Subsequently, many policy. ... measures of: asset prices; interest rates and spreads; credit and money; debt securities outstanding;.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-03.pdf

The Role of Collateral in Borrowing

20 Jan 2021 RDP 2021-01
Nicholas Garvin, David W Hughes and José-Luis Peydró
We also present evidence of broad-based excess demand for high-quality collateral, as the repo market collateralised against second-best collateral (i.e. ... face value of securities, and money quantities consistent with a feasible repo rate.
https://www.rba.gov.au/publications/rdp/2021/2021-01/full.html
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