Search: financial aggregates
RBA Glossary definition for financial aggregates
financial aggregates – A Reserve Bank of Australia data series specifying measures of the supply of money and credit. It includes some or all of: currency on issue; current deposits with banks; other deposits of the private non-bank sector with banks; borrowings from the private sector by non-bank depository corporations; and credit (loans, advances and bills discounted to the private sector).
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The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data
21 Jun 2023
RDP
2023-05
This paper presents new insights on the direct impact of lower rates on bank profitability, after controlling for other factors that operate indirectly through monetary policy's independent impact on aggregate ... Previous studies have tended to rely on
https://www.rba.gov.au/publications/rdp/2023/2023-05/full.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
During the financial crisis, precautionary demand for liquidity rose and became more inelastic at. ... to pay of most institutions. Amidst uncertain and unsettled financial market conditions, many.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-03.pdf
The Role of Superannuation in the Financial Sector and in Aggregate Saving: A Review of Recent Trends
19 Apr 2007
RDP
PDF
960KB
Graph 8: Financial Aggregates Per Cent to GDP. Source: See Appendix. ... Battellino, R. and N. McMillan (19891, "Changes in the Behaviour of Banks and their Implications for Financial Aggregates", in Studies in Money and Credit, Reserve Bank of Australia,
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9112.pdf
Do Interest Rates Affect Business Investment? Evidence from Australian Company-level Data
9 May 2018
RDP
2018-05
Also, since the global financial crisis, the spread between the rates paid by companies at the top and bottom of the distribution has widened. ... Borrowing rates for a large portion of companies, including smaller and riskier ones, have remained high in
https://www.rba.gov.au/publications/rdp/2018/2018-05.html
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MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy
20 Aug 2019
RDP
PDF
1571KB
account for feedback between economic variables. For example, an increase in aggregate demand. ... Financial markets. N2R Two-year government bond rate Per cent Nominal RBA, Yieldbroker.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-07.pdf
The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment
25 Jan 2023
RDP
PDF
1588KB
To analyse the full datasetI aggregate household demand for homes of different values in different locations. ... However, the pattern observed at the aggregate levelis also evident at disaggregated levels.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-01.pdf
The Consequences of Low Interest Rates for the Australian Banking Sector
21 Dec 2022
RDP
2022-08
The policy easing increases aggregate demand, thereby increasing business revenues and property prices, and reducing unemployment. ... no evidence of an aggregate reduction in credit supply (let alone a reversal rate).
https://www.rba.gov.au/publications/rdp/2022/2022-08/full.html
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References
26 Oct 2023
RDP
2023-07
Blanchard OJ and D Quah (1989), ‘The Dynamic Effects of Aggregate Demand and Supply Disturbances’, The American Economic Review, 79(4), pp 655–673. ... Caggiano G and E Castelnuovo (2023), ‘Global Financial Uncertainty’, Journal of Applied
https://www.rba.gov.au/publications/rdp/2023/2023-07/references.html
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The Role of Collateral in Borrowing
20 Jan 2021
RDP
2021-01
banking, debt, financial markets, interest rates, money. This paper studies the role of collateral in credit markets under stress. ... In aggregate, collateralised borrowing expands substantially, predominantly collateralised against second-best (but
https://www.rba.gov.au/publications/rdp/2021/2021-01.html
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How Risky is Australian Household Debt?
25 Aug 2020
RDP
2020-05
Lower real interest rates and financial liberalisation can account for much of the remaining increase. ... or because the history of financial liberalisation is littered with examples of subsequent busts).
https://www.rba.gov.au/publications/rdp/2020/2020-05/full.html
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