Search: lending and credit aggregates
RBA Glossary definition for lending and credit aggregates
lending and credit aggregates – Reserve Bank of Australia measures of lending and credit made available to the private non-finance sector (including public trading enterprises) or, the government sector by those financial intermediaries whose liabilities are included in broad money. Broad money is defined as currency plus bank current deposits of the private non-bank sector, plus all other bank deposits of the private non-bank sector plus borrowings from the private sector by non-bank financial intermediaries (NBFIs), less the latter's holdings of currency and bank deposits.
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The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets
1 Feb 2020
RDP
2020-02
Suppose that each market has a different sensitivity to changes in aggregate output growth. (. ... X. i. ,. t. is a vector of controls for both local and aggregate market conditions.
https://www.rba.gov.au/publications/rdp/2020/2020-02/full.html
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The Distributional Effects of Monetary Policy: Evidence from Local Housing Markets
14 Feb 2020
RDP
PDF
1878KB
markets. Suppose that each market has a different sensitivity to changes in aggregate output growth. ( ... ,i tX is a vector of controls for both local and aggregate market conditions.
https://www.rba.gov.au/publications/rdp/2020/pdf/rdp2020-02.pdf
Main Equations
8 Oct 2019
RDP
2019-01
The liberalisation of credit markets, emphasised by Yates (2011, Section 2.2) among others, led to a narrowing in lending margins. ... For example, tightening in lending limits seems to be important in the decline in house prices in 2018.
https://www.rba.gov.au/publications/rdp/2019/2019-01/main-equations.html
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The Rise in Household Liquidity
24 Nov 2021
RDP
PDF
1793KB
associated with aggregate mortgage debt over the past couple of decades in Australia. ... not reduce the mortgage principal outstanding, but balances in redraw accounts do reduce credit.
https://www.rba.gov.au/publications/rdp/2021/pdf/rdp2021-10.pdf
Credit Spreads, Monetary Policy and the Price Puzzle
1 Jan 2020
RDP
2020-01
t. including credit risk spreads in money market or lending rates. ... Second, to capture changes to domestic credit market conditions, I use two measures of money market and lending rate spreads.
https://www.rba.gov.au/publications/rdp/2020/2020-01/full.html
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Uncertainty and Monetary Policy in Good and Bad Times
1 Oct 2017
RDP
2017-06
This dampens the response of aggregate durable consumption to macroeconomic shocks, including policy changes. ... These macroeconomic aggregates would have followed a similar historical path regardless of risk management.
https://www.rba.gov.au/publications/rdp/2017/2017-06/full.html
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Why Do Companies Fail?
24 Nov 2016
RDP
2016-09
By our estimates, less than 1 per cent of aggregate corporate debt is currently at risk, with debt at risk concentrated in some very large companies. ... Our estimates suggest that trade credit (or business-to-business lending) is an important component
https://www.rba.gov.au/publications/rdp/2016/2016-09.html
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MEETING ON MONETARY ISSUES Reserve Bank of Australia Research ...
15 Oct 2014
RDP
PDF
980KB
3. broader monetary and credit aggregates to guage better the growth of total financing. ... Marzouk and Valentine estimated a series of equations for Ml. M3 and two broader aggregates - one similar to broad money and a wider credit aggregate.
https://www.rba.gov.au/publications/rdp/1985/pdf/rdp8502.pdf
Appendix B: Estimation and Sensitivity Testing of Net Monetary Benefit
8 Oct 2018
RDP
2018-11
Figure B1: How Do You Redeem Your Rewards Points? Share of rewards credit card holders, 2016. ... Footnotes. I use the October 2016 seasonal factor from the aggregate consumer credit card payment series in the RBA's monthly retail payment statistics,
https://www.rba.gov.au/publications/rdp/2018/2018-11/appendix-b.html
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Emergency Liquidity Injections
3 Oct 2019
RDP
PDF
2093KB
of requiring emergency lending, objective (ii) requires that emergency borrowing is more expensive. ... emergency lending policies, if for sufficiently long terms, can simultaneously provide liquidity support.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-10.pdf