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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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Appendix A: The Specification of the Core Models
31 Dec 1977
RDP
1977-07
P. price of output. P. price of exports. R. international reserves. ... Reserve Bank of Australia, 2001–2024. All rights reserved. The Reserve Bank of Australia acknowledges the Aboriginal and Torres Strait Islander Peoples of Australia as the
https://www.rba.gov.au/publications/rdp/1977/7707/appendix-a.html
Preface for RDP 7707: Money and the Balance of Payments
1 Oct 1977
RDP
7707
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1977/7707.html
Introduction
31 Dec 1977
RDP
1977-07
with the demand for money assumed to be given, the monetary approach emphasises the balance-sheet identity between money, international reserves and domestic credit in a way which requires that the ... level of international reserves adjusts to offset
https://www.rba.gov.au/publications/rdp/1977/7707/introduction.html
Theoretic Background
31 Dec 1977
RDP
1977-07
However, even with a theoretically appropriate stock-adjustment model of capital flows and an endogenous trade account, with changes in international reserves feeding into the money supply process, conventional models do ... The issue of the speed with
https://www.rba.gov.au/publications/rdp/1977/7707/theoretic-background.html
References
31 Dec 1977
RDP
1977-07
Sydney: Reserve Bank of Australia; 244–247. Jonson, P.D. (1975), “An Investigation of the U.K. ... Kouri, P.J.K. and Porter, M.G. (1974), “International Capital Flows and Portfolio Equilibrium.” Journal of Political Economy 82: 443–468.
https://www.rba.gov.au/publications/rdp/1977/7707/references.html
Results with the U.K. Model
31 Dec 1977
RDP
1977-07
The change in international reserves is determined as the change in the quantity of money less the change in domestic credit, and this specification allows strong direct effects of money on ... It is assumed that the authorities use the rate primarily as
https://www.rba.gov.au/publications/rdp/1977/7707/results-with-the-uk-model.html
Alternative Specifications for the Monetary Sector
31 Dec 1977
RDP
1977-07
Capital flows are determined residually by the identity connecting the trade balance and the change in international reserves. ... The change in international reserves is also influenced by exogenous government capital flows and valuation effects,
https://www.rba.gov.au/publications/rdp/1977/7707/alternative-specifications-for-the-monetary-sector.html