Search: yield

Sort by: Relevance Date
1–10 of 11 collapsed search results for yield

RBA Glossary definition for yield

yield – The expected rate of return expressed as a percentage of the net outlay or net proceeds of an investment, not of its face value.

Search Results

Appendix 3: Forecasting Ability of Selected Yield Spreads

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation Appendix 3: Forecasting Ability of Selected Yield Spreads.
https://www.rba.gov.au/publications/rdp/1992/9204/appendix-3.html

The Yield Curve and Real Activity

1 May 1992 RDP 9204
Philip Lowe
TABLE 1: THE YIELD CURVE AND FUTURE CHANGES IN REAL ACTIVITY (1972:3–1982:2). ... Footnotes. It is assumed that the growth rates and the yield spreads are stationary.
https://www.rba.gov.au/publications/rdp/1992/9204/yield-curve-and-real-activity.html

The Yield Curve and Changes in Inflation

1 May 1992 RDP 9204
Philip Lowe
Mishkin (1990) assumes that the slope of the real yield curve is constant through time so that. ... They develop a technique to obtain a summary measure of the slope of the yield curve using yields on securities of all maturities.
https://www.rba.gov.au/publications/rdp/1992/9204/yield-curve-and-changes-in-inflation.html

The Term Structure of Interest Rates, Real Activity and Inflation

1 May 1992 RDP 9204
Philip Lowe
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1992/9204.html

The Term Structure of Interest Rates, Real Activity and Inflation

1 May 1992 RDP 9204
Philip Lowe
Research Discussion Paper – RDP 9204 The Term Structure of Interest Rates, Real Activity and Inflation. Philip Lowe. May 1992. 439. KB. The views expressed herein are those of the author and do not necessarily reflect those of the Reserve Bank of
https://www.rba.gov.au/publications/rdp/1992/9204/

Theory

1 May 1992 RDP 9204
Philip Lowe
Following this fall, the yield on the long bond is higher than that on the short bond. ... With the short rate fixed, at least for the interim period, the yield curve steepens.
https://www.rba.gov.au/publications/rdp/1992/9204/theory.html

Introduction

1 May 1992 RDP 9204
Philip Lowe
Changes in the slope of the nominal yield curve should simply reflect changes in the expected future path of inflation. ... This steepening of the yield curve is accompanied by lower real rates and increases in activity in the future.
https://www.rba.gov.au/publications/rdp/1992/9204/introduction.html

Appendix 1: Data

1 May 1992 RDP 9204
Philip Lowe
and are assessed secondary market yields as at the last day of the month.
https://www.rba.gov.au/publications/rdp/1992/9204/appendix-1.html

Summary and Conclusions

1 May 1992 RDP 9204
Philip Lowe
The yield curve does, however, provide a good guide to the cumulative growth in activity over the following six quarters. ... Any such changes could alter the relationship between the slope of the yield curve and the future path of economic activity.
https://www.rba.gov.au/publications/rdp/1992/9204/summary-and-conclusions.html

Appendix 2: Derivation of Dynamics

1 May 1992 RDP 9204
Philip Lowe
t. ). This yields:. The larger is θ, the quicker the output and interest rate responses reach their maxima.
https://www.rba.gov.au/publications/rdp/1992/9204/appendix-2.html