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.
Search Results
China’s Evolving Monetary Policy Framework in International Context
4 Dec 2019
RDP
PDF
1923KB
Source: Central banks. 4 Cooperatives continued to operate in townships, and the Bank of China’s foreign operations continued after 1949. ... most central banks in advanced economies (the exceptions being the Bank of England, and to a.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf
MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
26 Aug 2019
RDP
2019-07
forecasting, interest rates, modelling, money. This paper introduces MARTIN – the Reserve Bank of Australia's (RBA) current model of the Australian economy. ... In contrast to other large-scale models used at the RBA – and at many other central banks
https://www.rba.gov.au/publications/rdp/2019/2019-07.html
See 12 more results from "RDP 2019-07"
Anticipatory Monetary Policy and the ‘Price Puzzle’
22 May 2017
RDP
2017-02
Romer and Romer (2004) and Cloyne and Hürtgen (2016) successfully remove the price puzzle from US and UK data, respectively, by purging the cash rate of systematic policy responses to central ... Reserve Bank of Australia, 2001–2024. All rights
https://www.rba.gov.au/publications/rdp/2017/2017-02.html
See 13 more results from "RDP 2017-02"
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
PDF
1715KB
However, the RBA owns the copyright in this paper. Reserve Bank of Australia 2023. ... and John Simon for their helpful comments, as well as seminar participants at the RBA, Central Bank.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf
Cost-benefit Analysis of Leaning against the Wind
11 Jul 2019
RDP
2019-05
Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank of Australia acknowledges the Aboriginal and Torres Strait Islander Peoples of Australia as the Traditional Custodians of this land,
https://www.rba.gov.au/publications/rdp/2019/2019-05.html
See 14 more results from "RDP 2019-05"
Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020
15 May 2024
RDP
2024-03
Over the years, the Reserve Bank of Australia has published data and analysis of the repo market by providing indirect perspectives using data from its own open market operations that are ... This paper contributes to this work. The Reserve Bank conducts
https://www.rba.gov.au/publications/rdp/2024/2024-03.html
See 1 more results from "RDP 2024-03"
Monetary Policy, Equity Markets and the Information Effect
22 Apr 2021
RDP
2021-04
financial markets, forecasting, interest rates, monetary policy, money. Central banks analyse copious amounts of information to assess the economic outlook to then set monetary policy. ... However, looking beyond monetary policy announcements yields some
https://www.rba.gov.au/publications/rdp/2021/2021-04.html
See 19 more results from "RDP 2021-04"
Emergency Liquidity Injections
10 Oct 2019
RDP
2019-10
This reduces banks' losses on illiquid securities without incentivising more liquidity risk-taking. ... Liquidity injections via securities purchases cannot credibly be penalising, because the policy does not require banks to commit future income.
https://www.rba.gov.au/publications/rdp/2019/2019-10.html
See 13 more results from "RDP 2019-10"
Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach
28 Feb 2017
RDP
2017-01
Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank of Australia acknowledges the Aboriginal and Torres Strait Islander Peoples of Australia as the Traditional Custodians of this land,
https://www.rba.gov.au/publications/rdp/2017/2017-01.html
See 12 more results from "RDP 2017-01"
Modelling the Australian Exchange Rate, Long Bond Yield and Inflationary Expectations
1 Dec 2009
RDP
PDF
170KB
Research Discussion Paper. 9608. November 1996. Economic Analysis Department. Reserve Bank of Australia. ... This is a revised version of a paper prepared for the Bank for InternationalSettlements Central Bank Econometrics Meeting, 14th-15th December 1995
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9608.pdf