Search: fiscal transparency
RBA Glossary definition for fiscal transparency
fiscal transparency – The facility which enables investors and other interested parties to satisfy themselves as to the nature and quality of the decision process pursued by policy-makers in government or the corporate entity concerned. One of the 12 key standards identified by the Financial Stability Forum as the minimum required for good practice in sound financial systems. Fiscal transparency strengthens accountability of the government and decreases the risk of maintaining unsustainable policies.
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Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach
1 Feb 2017
RDP
2017-01
Publishing estimates of uncertainty can also enhance a central bank's transparency, credibility, and accountability. ... Fiscal policy represents another area where conditioning assumptions could have implications for using historical forecast errors to
https://www.rba.gov.au/publications/rdp/2017/2017-01/full.html
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Central Counterparty Loss Allocation and Transmission of Financial Stress
16 Mar 2015
RDP
PDF
1285KB
One goal of the reform program is to ‘make derivative markets safer’ by reducing interconnectedness, improving counterparty risk management and increasing transparency.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-02.pdf
The Changing Way We Pay: Trends in Consumer Payments
4 Feb 2015
RDP
PDF
1225KB
Research Discussion Paper. The Changing Way We Pay: Trends in Consumer Payments. Crystal Ossolinski, Tai Lam and David Emery. RDP 2014-05. The Discussion Paper series is intended to make the results of the current economic research within the
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-05.pdf
What Happened?
1 May 1998
RDP
9805
The individual-country reserve figures may also miss co-ordinated intervention undertaken in support of currencies by (third party) monetary authorities or intervention that is funded through a country's fiscal ... The performance criteria on monetary
https://www.rba.gov.au/publications/rdp/1998/1998-05/what-happened.html
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Conclusions
31 Dec 2005
RDP
2005-04
In the former, policy-makers would be aware that fiscal policy could be called upon, if necessary, to aid in stimulating the economy and forestalling any risk of deflation becoming entrenched. ... Notwithstanding these caveats, our framework has the twin
https://www.rba.gov.au/publications/rdp/2005/2005-04/conclusions.html
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Superannuation | Submission to the Financial System Inquiry – March 2014 | Financial Sector | Submissions
1 Mar 2014
Submissions
provides greater transparency about fund performance and fees. aims to encourage consolidation among superannuation funds. ... The unlisted nature of many infrastructure investments means that there tends to be a lack of transparency and accessibility
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/superannuation.html
Understanding OECD Output Correlations
1 Dec 2009
RDP
PDF
226KB
This list is not exhaustive, for example it does not consider the transmission of confidence or sentiment nor does it consider the coordination of fiscal policies; however, it does capture what
https://www.rba.gov.au/publications/rdp/2001/pdf/rdp2001-05.pdf
Submission to the Financial System Inquiry March 2014
10 Nov 2017
Submissions
PDF
3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf
Competition in the Financial System - September 2017
19 Sep 2017
Submissions
PDF
969KB
Submission to the Productivity Commission Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/competition-in-the-financial-system/pdf/submission-to-productivity-commission-september-2017.pdf
Inflation Convergence Across Countries
9 Jun 2004
RDP
PDF
705KB
For example, they are subject to the same federal fiscal policy. ... Stone MR (2003), ‘Greater monetary policy transparency for the G3: lessons from full-fledged inflation targeters’, IMF Working Paper No 03/218.
https://www.rba.gov.au/publications/rdp/2004/pdf/rdp2004-04.pdf