Search: 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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Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions
3 Jan 2023
RDP
2022-09
However, the restrictions do not rule out positive price responses at short-to-medium horizons or an exchange rate depreciation on impact. ... Given the inability of restrictions on the monetary policy reaction function to rule out price puzzles and
https://www.rba.gov.au/publications/rdp/2022/2022-09/full.html
Estimates under Different Sets of Sign Restrictions
3 Jan 2023
RDP
2022-09
However, the restrictions do not rule out positive price responses at short-to-medium horizons or an exchange rate depreciation on impact. ... Given the inability of restrictions on the monetary policy reaction function to rule out price puzzles and
https://www.rba.gov.au/publications/rdp/2022/2022-09/estimates-under-different-sets-of-sign-restrictions.html