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11–15 of 15 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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Appendix A: Algorithms for Inference

3 Jan 2023 RDP 2022-09
Matthew Read
RDP 2022-09: Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions Appendix A: Algorithms for Inference. ... When interest is in the impulse responses to a 100 basis point monetary policy shock
https://www.rba.gov.au/publications/rdp/2022/2022-09/appendix-a.html

References

3 Jan 2023 RDP 2022-09
Matthew Read
Berkelmans L (2005), ‘Credit and Monetary Policy: An Australian SVAR’, RBA Research Discussion Paper No 2005-06. ... Fraser B (1993a), ‘Some Aspects of Monetary Policy’, Talk to Australian Business Economists (ABE), Sydney, 31 March.
https://www.rba.gov.au/publications/rdp/2022/2022-09/references.html

Supplementary Information for RDP 2022-09: Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector…

3 Jan 2023 RDP 2022-09
Matthew Read
Research Discussion Paper – RDP 2022-09 Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions.
https://www.rba.gov.au/publications/rdp/2022/2022-09/supplementary-information.html

Non-technical summary for ‘The Rise in Household Liquidity’

3 Jan 2023 RDP 2022-09
Matthew Read
Previous estimates of the macroeconomic effects of Australian monetary policy have usually been based on strong, potentially controversial, identifying restrictions. ... Restrictions on how the central bank sets monetary policy in response to
https://www.rba.gov.au/publications/rdp/2022/2022-09/non-technical-summary.html

Estimates under Different Sets of Sign Restrictions

3 Jan 2023 RDP 2022-09
Matthew Read
These restrictions are consistent with monetary policy rules that are typically embedded in macroeconomic models. ... This suggests that the proxy and monetary policy shock are fairly weakly correlated.
https://www.rba.gov.au/publications/rdp/2022/2022-09/estimates-under-different-sets-of-sign-restrictions.html