Search: monetary policy

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1–10 of 13 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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Uncertainty and Monetary Policy in Good and Bad Times

18 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
Research Discussion Paper – RDP 2017-06 Uncertainty and Monetary Policy in Good and Bad Times. ... Counterfactual simulations suggest that the effectiveness of systematic US monetary policy in stabilising real activity in the aftermath of an
https://www.rba.gov.au/publications/rdp/2017/2017-06.html

Uncertainty and Monetary Policy

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times 5. ... However, we cannot rule out the possibility that the nonlinear effects of systematic monetary policy uncovered in our analysis are also capturing nonlinearities related to other
https://www.rba.gov.au/publications/rdp/2017/2017-06/uncertainty-and-monetary-policy.html

Uncertainty and Monetary Policy in Good and Bad Times

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
Next, we investigate whether the effectiveness of systematic US monetary policy is state-dependent. ... However, we cannot rule out the possibility that the nonlinear effects of systematic monetary policy uncovered in our analysis are also capturing
https://www.rba.gov.au/publications/rdp/2017/2017-06/full.html

Results

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times 4. ... Next, we analyse the response of systematic monetary policy to macroeconomic uncertainty.
https://www.rba.gov.au/publications/rdp/2017/2017-06/results.html

Appendix C: Further Results on Risk Management-driven Policy Decisions

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times Appendix C: Further Results on Risk Management-driven Policy Decisions. ... the Taylor rule are likely to downplay the dynamics effects induced by the role played by risk management in
https://www.rba.gov.au/publications/rdp/2017/2017-06/appendix-c.html

Uncertainty and Monetary Policy in Good and Bad Times

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
Research Discussion Paper – RDP 2017-06 Uncertainty and Monetary Policy in Good and Bad Times.
https://www.rba.gov.au/publications/rdp/2017/2017-06/sections.html

Appendix B: Robustness Analysis

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times Appendix B: Robustness Analysis. ... As recalled by Bernanke (2013), however, monetary policy works mainly through the term structure, and in particular via long-term interest rates.
https://www.rba.gov.au/publications/rdp/2017/2017-06/appendix-b.html

References

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times References. ... Greenspan A (2004), ‘Risk and Uncertainty in Monetary Policy’, The American Economic Review, 94(2), pp 33–40.
https://www.rba.gov.au/publications/rdp/2017/2017-06/references.html

Appendix A: Technical Details

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times Appendix A: Technical Details.
https://www.rba.gov.au/publications/rdp/2017/2017-06/appendix-a.html

Introduction

1 Oct 2017 RDP 2017-06
Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari
RDP 2017-06: Uncertainty and Monetary Policy in Good and Bad Times 1. ... Next, we investigate whether the effectiveness of systematic US monetary policy is state-dependent.
https://www.rba.gov.au/publications/rdp/2017/2017-06/introduction.html