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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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Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy

1 Jan 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2002/2002-01.html

Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy

1 Jan 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
Research Discussion Paper – RDP 2002-01 Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy. ... Guy Debelle and Jenny Wilkinson. January 2002. 272. KB. This paper is a revised version of a paper presented at a Central Bank
https://www.rba.gov.au/publications/rdp/2002/2002-01/

Appendix A: A Small Macroeconomic Model of Australia

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
The primary difference is that aggregate inflation is not modelled in an error-correction framework. ... where p. f. is the foreign price level, measured using G7 core inflation.
https://www.rba.gov.au/publications/rdp/2002/2002-01/appendix-a.html

Appendix B: Data

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
RDP 2002-01: Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy Appendix B: Data. ... Source:. Statistics Canada, Datastream code CNB1226. Inflation. Definition:. Index of personal consumption expenditures, seasonally
https://www.rba.gov.au/publications/rdp/2002/2002-01/appendix-b.html

Conclusion

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
RDP 2002-01: Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy 5. ... Most notably, the effect of exchange rate changes on inflation has become more muted.
https://www.rba.gov.au/publications/rdp/2002/2002-01/conclusion.html

Introduction

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
RDP 2002-01: Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy 1. ... a measure of non-traded, or ‘domestic’, inflation rather than the aggregate inflation rate.
https://www.rba.gov.au/publications/rdp/2002/2002-01/introduction.html

References

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
RDP 2002-01: Inflation Targeting and the Inflation Process: Some Lessons from an Open Economy References. ... Inflation Targeting and Central Bank Behavior’, Federal Reserve Bank of New York Staff Report No 88.
https://www.rba.gov.au/publications/rdp/2002/2002-01/references.html

Evidence of Changes in the Inflation Process

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
Import prices have for some time exerted a restraining influence on consumer price inflation. ... k. = δ. 1. δ. 2. δ. 3. ) and the perceived inflation target (π. =
https://www.rba.gov.au/publications/rdp/2002/2002-01/evidence-of-changes-in-the-inflation-process.html

Which Inflation Rate to Target in an Open Economy?

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
Note that exchange rate changes affect inflation more rapidly than they do output. ... One also needs to know which measure of inflation enters the objective function.
https://www.rba.gov.au/publications/rdp/2002/2002-01/which-inflation-rate-to-target-in-an-open-economy.html

Evidence from a Small Empirical Macro Model

31 Dec 2002 RDP 2002-01
Guy Debelle and Jenny Wilkinson
This occurs because exchange rate changes have a muted effect on aggregate inflation. ... These results are also very sensitive to the nature of the inflation process.
https://www.rba.gov.au/publications/rdp/2002/2002-01/evidence-from-a-small-empirical-macro-model.html