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RBA Glossary definition for international reserves

international reserves – Holdings by a central bank of foreign exchange and gold.

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Hoarding

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
Another sample available to us is the Reserve Bank's Consumer Payments Survey. ... be international wholesale currency shipments that transport Australian banknotes to foreign banks and bureaux de change.
https://www.rba.gov.au/publications/rdp/2018/2018-12/hoarding.html

References

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
Data, Papers from the International Cash Conference, Deutsche Bundesbank, Frankfurt am Main, pp 119–151. ... Policy’, Journal of International Financial Markets, Institutions and Money, 14(3), pp 221–233.
https://www.rba.gov.au/publications/rdp/2018/2018-12/references.html

Introduction

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
roughly half to three-quarters of outstanding banknotes are hoarded; of this, we can allocate 10–20 percentage points to domestic hoarding, and up to 15 percentage points to international hoarding;. ... The allocation of total hoarded banknotes to
https://www.rba.gov.au/publications/rdp/2018/2018-12/introduction.html

Where's the Money‽ An Investigation into the Whereabouts and Uses of Australian Banknotes

10 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
interest rates, monetary policy, money, payments. The Reserve Bank of Australia is the sole issuer and redeemer of Australian banknotes. ... of wealth or for other purposes, of which we can allocate 10–20 percentage points to domestic hoarding and up
https://www.rba.gov.au/publications/rdp/2018/2018-12.html

Conclusion

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
percentage points to domestic hoarding and up to 15 percentage points to international hoarding; 4–8 per cent are used in the shadow economy; and 5–10 per cent are lost ... the upper estimate of 20 per cent of outstanding banknotes being used for
https://www.rba.gov.au/publications/rdp/2018/2018-12/conclusion.html

Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
Any remaining errors are the responsibility of the authors alone. The views in this paper are those of the authors and do not necessarily reflect the views of the Reserve Bank ... Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve
https://www.rba.gov.au/publications/rdp/2018/2018-12/sections.html

Background Data and International Comparisons

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
We now outline some key trends evident in the Reserve Bank's Consumer Payments Survey (CPS). ... Footnote. The Reserve Bank conducted the survey in 2007, 2010, 2013 and 2016; the next survey is planned for 2019.
https://www.rba.gov.au/publications/rdp/2018/2018-12/background-data-and-international-comparisons.html

Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
We now outline some key trends evident in the Reserve Bank's Consumer Payments Survey (CPS). ... Between 1992 and 1996, the Reserve Bank progressively introduced polymer banknotes to replace the previous paper banknotes.
https://www.rba.gov.au/publications/rdp/2018/2018-12/full.html

The Shadow Economy

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
5.4 Overall Assessment and International Comparison. Our estimates suggest that between roughly $3 and $6 billion worth of Australian banknotes are used in the shadow economy, split between underground production ( ... Reserve Bank of Australia,
https://www.rba.gov.au/publications/rdp/2018/2018-12/the-shadow-economy.html

Where's the Money? An Investigation into the Whereabouts and Uses of Australian Banknotes

1 Dec 2018 RDP 2018-12
Richard Finlay, Andrew Staib and Max Wakefield
The Stata code was run on Stata 13.0. The 2016 Consumer Payments Survey and the Card Features Database are held in the Payments Policy Department of the Reserve Bank of ... Figure 1 data – ‘GDP and Currency – Figure 1.xlsx’:. Data sourced from
https://www.rba.gov.au/publications/rdp/2018/2018-12/read-me.html