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Optimal Monetary Policy with Real-time Signal Extraction from the Bond Market

2 Dec 2009 RDP PDF 222KB
The filtering problem of the centralbank is then solved, taking the term structure model as given. ... andin the euro area business cycles: a Bayesian DSGE approach’, European CentralBank Working Paper No 391.
https://www.rba.gov.au/publications/rdp/2006/pdf/rdp2006-05.pdf

Identifying the Efficacy of Central Bank Interventions: Evidence from Australia

8 May 2012 RDP PDF 128KB
The paper proceeds as follows. There is a brief review, in Section 2, of centralbank intervention practices and the associated literature. ... Centralbanks can choose the method of intervention, ranging from direct trades withcommercial banks, to
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-04.pdf

OPTIMAL MONETARY POLICY WITH ENDOGENOUS CAPITAL AND A CREDIT FRICTION

15 Dec 2011 Research Workshop PDF 406KB
Reserve Bank of Australia Workshop 2011
https://www.rba.gov.au/publications/workshops/research/2011/pdf/hansen.pdf

Tests of Simple Targeting Rules for Monetary Policy

2 Dec 2008 Research Workshop PDF 353KB
Reserve Bank of Australia Workshop 2008: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2008/otto.pdf

A Model of Secular Stagnation: Theory and Quantitative Evaluation

17 Jan 2017 Research Workshop PDF 904KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-mehrotra.pdf

QUANTITATIVE EASINGEmail: w.cui@ucl.ac.uk and v.sterk@ucl.ac.uk. We thank Marios Angeletos, Richard Harrison, and seminar participants at…

18 Nov 2018 Research Workshop PDF 872KB
QUANTITATIVE EASING. Wei Cui† and Vincent Sterk†‡. †University College London and CfM‡CEPR. November 16, 2018. Abstract. Is Quantitative Easing (QE) an effective substitute for conventional monetary pol-icy? We study this question using a
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf

Exchange Rate Policies at the Zero Lower Bound

4 Jan 2018 Research Workshop PDF 1012KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-javier-bianchi.pdf

Forward Guidance and the State of the Economy

7 Apr 2016 Research Workshop PDF 420KB
Reserve Bank of Australia Research Workshop 2015: Quantitative Macroeconomics
https://www.rba.gov.au/publications/workshops/research/2015/pdf/rba-workshop-2015-keen-richter-throckmorton.pdf

Inflation Targeting in a Small Open Economy

1 Dec 2009 RDP PDF 421KB
1. Introduction. The practice of inflation targeting is becoming increasingly popular amongst centralbanks. ... Flexible inflation targeting allows the centralbank to maintain low, and relatively stable inflation, while promoting stability inproduct and
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9807.pdf

Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates

13 Dec 2012 Research Workshop PDF 867KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/swanson-williams.pdf