Search: central bank
RBA Glossary definition for central bank
central bank – A non-commercial bank, which may or may not be independent of government, which has some or all of the following functions: conduct monetary policy; oversee the stability of the financial system; issue currency notes; act as banker to the government; supervise financial institutions and regulate payments systems.
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Changes in the Behaviour of Banks and Their Implications for Financial Aggregates
1 Jul 1989
RDP
8904
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1989/8904.html
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Optimal Monetary Policy and the Sources of Local-Currency Price Stability
13 Dec 2007
Research Workshop
PDF
411KB
Reserve Bank of Australia Workshop 2007: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2007/corsetti.pdf
Research Discussion Papers – 2024
1 Jan 2024
RDP
The views expressed in RDPs are those of the authors and do not necessarily represent those of the Bank. ... Chris Becker, Anny Francis, Calebe de Roure and Brendan Wilson. RDP 2024-02 Valuing Safety and Privacy in Retail Central Bank Digital Currency.
https://www.rba.gov.au/publications/rdp/2024/
Asset-price Bubbles and Monetary Policy
1 Dec 2009
RDP
PDF
63KB
In this case, the central bank’s forecast of future inflation might actuallyfall. ... If current inflation isabove target, the central bank cannot immediately return it to target.
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9709.pdf
Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
13 Feb 2024
RDP
PDF
1260KB
Fornaro and Wolf 2023). That said, the results do not suggest that central banks should focus mainly. ... other factors. For example, the central bank is likely to raise rates if it expects economic activity and.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-01.pdf
The Macroeconomy, the Term Structure and Monetary Policy Under Imperfect Information
31 Dec 2006
RDP
2006-05
where I. t. is the information set of the central bank at time t. ... where Z. t. is the vector of variables that are observable to the central bank and.
https://www.rba.gov.au/publications/rdp/2006/2006-05/macroeconomy-term-structure-and-monetary-policy-under-imperfect-information.html
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Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
9 May 2024
RDP
PDF
4625KB
determined by the central bank. The minimum and maximum auction value during the period is. ... maturity dates that coincide with the liquidity management task undertaken by the central bank.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf
The Implementation of Monetary Policy in Australia
1 Dec 2009
RDP
PDF
190KB
Essentially these rest on the nowwell-documented arguments for central-bank accountability. Among the specificbenefits:. • ... Suppose, forexample, that the central bank raises nominal (and real) interest rates to combat aninflation shock.
https://www.rba.gov.au/publications/rdp/1997/pdf/rdp9703.pdf
Where's the Money‽ An Investigation into the Whereabouts and Uses of Australian Banknotes
10 Dec 2018
RDP
2018-12
interest rates, monetary policy, money, payments. The Reserve Bank of Australia is the sole issuer and redeemer of Australian banknotes. ... Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank of Australia acknowledges the
https://www.rba.gov.au/publications/rdp/2018/2018-12.html
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China's Evolving Monetary Policy Framework in International Context
9 Dec 2019
RDP
2019-11
Third, elements of The People's Bank of China's communication framework are broadly evolving along the lines observed elsewhere, with remaining exceptions mostly a result of China's unique institutional ... Reserve Bank of Australia, 2001–2024. All
https://www.rba.gov.au/publications/rdp/2019/2019-11.html
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