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1–4 of 4 collapsed search results for depreciation

RBA Glossary definition for depreciation

depreciation – A fall in the value of an asset. In foreign-exchange terms, it is a relative decrease in the value of one currency compared to another.

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Model Dynamics

23 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
Figure 14: Gross Domestic Product. Sources: Authors' calculations; RBA. Figure 15 shows the responses of six key aggregate variables to a transitory 10 per cent real exchange rate depreciation. ... The depreciation reduces the price of
https://www.rba.gov.au/publications/rdp/2019/2019-07/model-dynamics.html

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
Higher wages and import prices (because of exchange rate depreciation), in conjunction with increased capacity pressures, put upward pressure on inflation. ... In most theoretical models, the steady-state investment-to-output ratio is a function of trend
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html

Core Equations

23 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
In most theoretical models, the steady-state investment-to-output ratio is a function of trend GDP growth and the capital depreciation rate. ... Holding relative resource export prices fixed, this share converges to a stable value in the long run, which
https://www.rba.gov.au/publications/rdp/2019/2019-07/core-equations.html

A Stylised Description of the Model

23 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
Higher wages and import prices (because of exchange rate depreciation), in conjunction with increased capacity pressures, put upward pressure on inflation.
https://www.rba.gov.au/publications/rdp/2019/2019-07/a-stylised-description-of-the-model.html