Search: monetary policy

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1–9 of 9 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.

Search Results

Credit and Monetary Policy: An Australian SVAR

1 Sep 2005 RDP 2005-06
Leon Berkelmans
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/2005/2005-06.html

Credit and Monetary Policy: An Australian SVAR

1 Sep 2005 RDP 2005-06
Leon Berkelmans
Research Discussion Paper – RDP 2005-06 Credit and Monetary Policy: An Australian SVAR.
https://www.rba.gov.au/publications/rdp/2005/2005-06/

Estimation and Results

31 Dec 2005 RDP 2005-06
Leon Berkelmans
RDP 2005-06: Credit and Monetary Policy: An Australian SVAR 3. Estimation and Results. ... This allows the impact of the instantaneous response of monetary policy to be considered).
https://www.rba.gov.au/publications/rdp/2005/2005-06/est-result.html

Conclusion

31 Dec 2005 RDP 2005-06
Leon Berkelmans
Monetary policy does not completely counteract higher inflation, which is above baseline for about three years after the shock to credit. ... Changes in credit are also moderated as a result of monetary policy's response.
https://www.rba.gov.au/publications/rdp/2005/2005-06/conclusion.html

References

31 Dec 2005 RDP 2005-06
Leon Berkelmans
RDP 2005-06: Credit and Monetary Policy: An Australian SVAR References. Leon Berkelmans. ... Monetary Policy and Inflation Targeting. , Proceedings of a Conference, Reserve Bank of Australia, Sydney, pp 125–158.
https://www.rba.gov.au/publications/rdp/2005/2005-06/references.html

Introduction

31 Dec 2005 RDP 2005-06
Leon Berkelmans
Both sides of the story suggest that tighter monetary policy will be associated with weaker credit growth. ... For example, Safaei and Cameron (2003) found an immediate impact of monetary policy on Canadian bank credit.
https://www.rba.gov.au/publications/rdp/2005/2005-06/introduction.html

Appendix B: Data Descriptions and Sources

31 Dec 2005 RDP 2005-06
Leon Berkelmans
RDP 2005-06: Credit and Monetary Policy: An Australian SVAR Appendix B: Data Descriptions and Sources.
https://www.rba.gov.au/publications/rdp/2005/2005-06/appendix-b.html

Appendix A: The SVAR Methodology

31 Dec 2005 RDP 2005-06
Leon Berkelmans
RDP 2005-06: Credit and Monetary Policy: An Australian SVAR Appendix A: The SVAR Methodology.
https://www.rba.gov.au/publications/rdp/2005/2005-06/appendix-a.html

The Set-up of the SVAR

31 Dec 2005 RDP 2005-06
Leon Berkelmans
RDP 2005-06: Credit and Monetary Policy: An Australian SVAR 2. The Set-up of the SVAR. ... In particular, for over half of the sample the objective of monetary policy has been an inflation target.
https://www.rba.gov.au/publications/rdp/2005/2005-06/set-up-svar.html