Search: financial disturbance
RBA Glossary definition for financial disturbance
financial disturbance – An event or incident, which causes a significant loss of confidence by depositors or investors in a financial institution or a disruption to financial markets.
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Empirical Application
31 Dec 2013
RDP
2013-06
One possibility is that this reflects the rapid series of interest rate cuts that occurred in Australia during the global financial crisis. ... For example, Dungey and Pagan (2000) find that foreign financial shocks are particularly important.
https://www.rba.gov.au/publications/rdp/2013/2013-06/empirical-application.html
See 2 more results from "RDP 2013-06"
Monetary Policy Instruments: A Theoretical Analysis
19 Nov 2012
RDP
PDF
571KB
so that the price level is proportional to the money stock, and fluctuates randomly around the steady state according to the real and financial disturbances in each period. ... 2 disturbance (au), the accuracy of the price information on which policy is.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8905.pdf
Exchange Rate Regimes and the Volatility of Financial Prices: The Australian Case
19 Nov 2012
RDP
PDF
918KB
external disturbances. Rather, the results suggest that it was due to a change in. ... in Australian financial markets just prior to and just after the floating of the.
https://www.rba.gov.au/publications/rdp/1986/pdf/rdp8608.pdf
Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime
19 Nov 2012
RDP
PDF
753KB
This is justified if the innovation in consumer prices equals the innovation in producer prices plus a random disturbance:. ... The data are seasonally adjusted. The sources for the data were the International Financial Statistics,.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8909.pdf
The Fiscal Deficit and the Current Account: Twins or Distant Relatives?
19 Nov 2012
RDP
PDF
815KB
a) A Minimal Formal Model. With the aim to incorporate both the direct and the indirect effects of various disturbances and therefore to ensure consistency between the elasticities and the ... This is an example of the general point that the relationship
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8813.pdf
The Balance of Payments in the 1980s
19 Nov 2012
RDP
PDF
2310KB
world financial markets remove a constraint which allowed the current. account deficit to rise? ... financial markets meant that it was easier to maintain expenditure in the face.
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9003.pdf
VAR Forecasting Models of the Australian Economy: A Preliminary Analysis
19 Nov 2012
RDP
PDF
785KB
We added. several financial variables (money supply, a short-term interest rate, an. ... information from the December 1985 Quarterly Estimates), forecast the. financial year 1986-87.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8802.pdf
Capital Flows and Exchange Rate Determination
19 Nov 2012
RDP
PDF
1148KB
those which are more related to short-term financial factors, particularly interest rate differentials. ... Table 7. Unanticipated Disturbances and the Exchange Rate. Exchange a Lllu t M•u.
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8908.pdf
Consumption and Permanent Income: The Australian Case
19 Nov 2012
RDP
PDF
865KB
Where et is a white noise disturbance. For steady state consumption to be. ... return on financial assets) and r (the real rate used to discount future.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8808.pdf
Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries
19 Nov 2012
RDP
PDF
906KB
where 'rt represents disturbances that cause divergences between domestic and foreign wages e.g. ... The sources for the data were the International Financial Statistics, published by the International Monetary Fund and the OECD Economic Outlook.
https://www.rba.gov.au/publications/rdp/1990/pdf/rdp9006.pdf