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RBA Glossary definition for inflation

inflation – A measure of the change (increase) in the general level of prices.

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The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows

1 Feb 1991 RDP 9101
David W.R. Gruen
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1991/9101.html

The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows

1 Feb 1991 RDP 9101
David W. R. Gruen
Research Discussion Paper – RDP 9101 The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows.
https://www.rba.gov.au/publications/rdp/1991/9101/

References

1 Feb 1991 RDP 9101
David W.R. Gruen
233, A.N.U. Ball, L. (1990), ‘Why does high inflation raise inflation uncertainty?’, NBER Working Paper No. ... 3299. Feldstein, M. (1976), ‘Inflation, income taxes and the rate of interest: a theoretical analysis’, American Economic Review, 66,
https://www.rba.gov.au/publications/rdp/1991/9101/references.html

Discussion

1 Feb 1991 RDP 9101
David W.R. Gruen
RDP 9101: The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows 4. ... Thus, a change in steady inflation, dπ, induces a change in the nominal interest rate of.
https://www.rba.gov.au/publications/rdp/1991/9101/discussion.html

Introducing Uncertainty

1 Feb 1991 RDP 9101
David W.R. Gruen
Download the Paper 384. KB. 3a The possibility that steady inflation will end. ... When inflation is low, there is general agreement that it should be kept low.
https://www.rba.gov.au/publications/rdp/1991/9101/introducing-uncertainty.html

Appendix

1 Feb 1991 RDP 9101
David W.R. Gruen
1/ε is the mean length of time for which the steady inflation regime is expected to persist. ... The steady-inflation (regime I) equilibrium again satisfies equations (12′), (13′) and (14′).
https://www.rba.gov.au/publications/rdp/1991/9101/appendix.html

Introduction

1 Feb 1991 RDP 9101
David W.R. Gruen
Figure 1 INFLATION RATES. (12 month ended). Figure 2 REAL PRE-TAX 3 MONTH INTEREST RATES. ... Table 1. Average Inflation and Real Interest Rates. Mar ′84 – Jun ′90 (expressed as % p.a.).
https://www.rba.gov.au/publications/rdp/1991/9101/introduction.html

The Model when the Future is Certain

1 Feb 1991 RDP 9101
David W.R. Gruen
The main modification is to include a tax system which is not inflation-neutral. ... equilibrium real exchange rate is also a function of the rate of domestic inflation (equation 10).
https://www.rba.gov.au/publications/rdp/1991/9101/model-when-the-future-is-certain.html