Search: monetary policy

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1–10 of 12 collapsed search results for monetary policy

RBA Glossary definition for monetary policy

monetary policy – monetary policy involves using interest rates to influence aggregate demand, employment and inflation in the economy.

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Output Gaps in Real Time: Are They Reliable Enough to Use for Monetary Policy?

1 Sep 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2002/2002-06.html

Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy?

1 Sep 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
https://www.rba.gov.au/publications/rdp/2002/2002-06/

Appendix A: Implementation of the Phillips Curve Approach

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy?
https://www.rba.gov.au/publications/rdp/2002/2002-06/appendix-a.html

Appendix C: Detailed Phillips Curve Specifications

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy?
https://www.rba.gov.au/publications/rdp/2002/2002-06/appendix-c.html

Appendix B: Statistical Properties of the Phillips Curve Approach

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy?
https://www.rba.gov.au/publications/rdp/2002/2002-06/appendix-b.html

Introduction

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy? ... The answer to this question is important because it determines, to a considerable extent, the appropriate strategy for the conduct of monetary policy.
https://www.rba.gov.au/publications/rdp/2002/2002-06/introduction.html

References

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy? ... McCallum BT (2001), ‘Should Monetary Policy Respond Strongly to Output Gaps?’, American Economic Review, 91(2), pp 258–262.
https://www.rba.gov.au/publications/rdp/2002/2002-06/references.html

Appendix D: Data Sources and Definitions

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy? ... For the period before this it is back-cast using the average quarterly spot price for crude from the International Monetary Fund (IMF) International Financial
https://www.rba.gov.au/publications/rdp/2002/2002-06/appendix-d.html

Conclusions

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy?
https://www.rba.gov.au/publications/rdp/2002/2002-06/conclusions.html

Results

31 Dec 2002 RDP 2002-06
David Gruen, Tim Robinson and Andrew Stone
RDP 2002-06: Output Gaps in Real Time: are they Reliable Enough to use for Monetary Policy?
https://www.rba.gov.au/publications/rdp/2002/2002-06/results.html