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2019
8 Feb 2019
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2019/
June | 2019
20 Jun 2019
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2019/jun/
Monetary Transmission in a Deregulated Financial System
19 Nov 2012
RDP
PDF
825KB
textbook models - a liquid (in the sense of ease of making transactions) asset. ... as "money" in the Tobin-type framework do not resemble at all the textbook.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8811.pdf
September | 2018
20 Sep 2018
Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2018/sep/
Introduction
6 May 2018
RDP
2018-05
Modern macroeconomic textbooks typically suggest that there is an inverse relationship between interest rates and business investment (e.g. ... Mankiw 2007; Blanchard 2017). In the textbook description, this inverse relationship is essential to
https://www.rba.gov.au/publications/rdp/2018/2018-05/introduction.html
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Introduction
1 Dec 1988
RDP
8811
Download the Paper 826. KB. Traditional textbook theories of monetary policy rely heavily on the Hicksian IS/LM model in which the monetary authorities control an exogenous “money” stock in implementing ... Indeed, it is argued in this paper that
https://www.rba.gov.au/publications/rdp/1988/8811/introduction.html
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The FRB/US Model
10 Dec 2014
RDP
2014-02
FRB/US differs from many models published in textbooks and academic journals in that it is not designed for expositional purposes. ... The channels through which monetary and fiscal policy work in FRB/US are summarised by intermediate macroeconomics
https://www.rba.gov.au/publications/rdp/2014/2014-02/model.html
Related Literature
12 May 2023
RDP
2023-04
Overall, they find that Action shocks affect the economy like textbook monetary policy shocks.
https://www.rba.gov.au/publications/rdp/2023/2023-04/related-literature.html
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Introduction
11 Oct 2022
RDP
2022-04
shocks. Interestingly, conventional macroeconomic theory also does not rule out this non-response; in the textbook New Keynesian model (e.g.
https://www.rba.gov.au/publications/rdp/2022/2022-04/introduction.html
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Monetarism: An Interpretation and Assessment
1 Dec 1980
RDP
8009
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1980/8009.html