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.
Search Results
Introduction
31 Dec 2010
RDP
2010-05
In the background of this equilibrium lies a money market with a central bank ready to supply as much money as needed for that market to clear at the interest rate ... These actions are felt in many financial markets – beyond the interbank market for
https://www.rba.gov.au/publications/rdp/2010/2010-05/introduction.html
Empirical Analysis
31 Dec 2010
RDP
2010-05
Over the full sample, however, the sum of real money growth coefficients becomes insignificant. ... Following the UK Money Market Reform on 18 May 2006, the Bank of England discontinued the series for M0, the Bank's main narrow money measure, and instead
https://www.rba.gov.au/publications/rdp/2010/2010-05/empirical-analysis.html
An Extended New Keynesian Model
31 Dec 2010
RDP
2010-05
Download the Paper 180. KB. In this section we discuss a model of the economy with an explicit equation describing the money market equilibrium. ... 0.95. ε. m. Inverse of intertemporal elasticity of substitution in real money balances.
https://www.rba.gov.au/publications/rdp/2010/2010-05/extended-keynesian-model.html