Search: central bank

Sort by: Relevance Date
1–5 of 5 collapsed search results for central bank
Did you mean centralbank?

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.

Search Results

Estimating Inflation Expectations with a Limited Number of Inflation-indexed Bonds

1 Mar 2011 RDP 2011-01
Richard Finlay and Sebastian Wende
Richard Finlay and Sebastian Wende. March 2011. 480. KB. The authors thank Rudolph van der Merwe for help with the central difference Kalman filter, as well as Adam Cagliarini, Jonathan Kearns, ... Responsibility for any remaining errors rests with the
https://www.rba.gov.au/publications/rdp/2011/2011-01/

Appendix C: Central Difference Kalman Filter

31 Dec 2011 RDP 2011-01
Richard Finlay and Sebastian Wende
Download the Paper 480. KB. The central difference Kalman filter is a type of sigma-point filter. ... L is the number of latent factors and h is the central difference step size, which is set to.
https://www.rba.gov.au/publications/rdp/2011/2011-01/appendix-c.html

Data and Model Implementation

31 Dec 2011 RDP 2011-01
Richard Finlay and Sebastian Wende
We overcome this problem by using a central difference Kalman filter, which is a type of non-linear Kalman filter. ... Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank of Australia acknowledges the Aboriginal and Torres
https://www.rba.gov.au/publications/rdp/2011/2011-01/data-and-mod-imp.html

Introduction

31 Dec 2011 RDP 2011-01
Richard Finlay and Sebastian Wende
Download the Paper 480. KB. Reliable and accurate estimates of inflation expectations are important to central banks given the role of these expectations in influencing inflation and economic activity. ... Inflation expectations may also indicate over
https://www.rba.gov.au/publications/rdp/2011/2011-01/introduction.html

Results

31 Dec 2011 RDP 2011-01
Richard Finlay and Sebastian Wende
The latest data, corresponding to December 2010, show 1-year-ahead inflation expectations reaching 3 per cent, close to the Reserve Bank of Australia forecast for inflation of 2 over the ... As the terminology suggests, inflation expectations represent
https://www.rba.gov.au/publications/rdp/2011/2011-01/results.html