Search: money market
RBA Glossary definition for money market
money market – The market which deals in short-term discount securities such as Treasury notes, bank bills and promissory notes. Major participants in this market include the Reserve Bank of Australia, banks, superannuation funds, insurance companies, investment trusts, investment banks, building societies and large corporates.
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Preface for RDP 7705: Modelling Monetary Disequilibrium
1 Sep 1977
RDP
7705
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1977/7705.html
Monetary Disequilibrium and its Channels of Influence
31 Dec 1977
RDP
1977-05
This may be because disturbances from the supply side of the money market are larger and more frequent than disturbances in other markets. ... a portfolio decision modified by a measure of flow disequilibrium in the money market.
https://www.rba.gov.au/publications/rdp/1977/7705/monetary-disequilibrium-and-its-channels-of-influence.html
A model with a Conventional Demand Function for Money
31 Dec 1977
RDP
1977-05
The correspondence is not exact, because Kouri and Porter (1974) use a discrete time specification and impose rather than estimate rapid adjustment in the money market, but models 4 and 5 ... Therefore if the money market is always in equilibrium then (1/
https://www.rba.gov.au/publications/rdp/1977/7705/a-model-with-a-conventional-demand-function-for-money.html
Introduction
31 Dec 1977
RDP
1977-05
One area of the relevant literature is that dealing with the effects of monetary disequilibrium, defined as the gap between the demand for and supply of money. ... The paper also discusses some evidence for a direct influence of excess money on the
https://www.rba.gov.au/publications/rdp/1977/7705/introduction.html
The Effect of Dropping the Monetary Disequilibrium Variable
31 Dec 1977
RDP
1977-05
In the current model the direct influence of flow disequilibrium in the money market leads to an immediate capital outflow, which is reversed later as the domestic interest rate rises. ... effects of monetary disequilibrium continue to operate until
https://www.rba.gov.au/publications/rdp/1977/7705/the-effect-of-dropping-the-monetary-disequilibrium-variable.html