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IT – Information Technology

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MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

18 Jan 2022 RDP 2022-01
Anthony Brassil, Mike Major and Peter Rickards
During large downturns, monetary policy is more effective than usual because it can reduce loan losses and therefore moderate any reduction in credit supply.
https://www.rba.gov.au/publications/rdp/2022/2022-01.html
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What Is Driving Participation and Diversity Trends in Economics? A Survey of High School Students

29 Jun 2021 RDP 2021-06
Tanya Livermore and Mike Major
In particular, it remains that females have less interest in Economics and a less clear idea of ‘whether they would be good at it’ or what the subsequent career opportunities may ... be. Furthermore, students from a lower socio-economic background
https://www.rba.gov.au/publications/rdp/2021/2021-06.html
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The Causes, Challenges and Consequences of the Low Interest Rate Environment

30 Dec 2022 Conferences Conference 2022
Papers and presentations presented at Reserve Bank of Australia 2022 Conference
https://www.rba.gov.au/publications/confs/2022/

Financial Conditions and Downside Risk to Economic Activity in Australia

23 Mar 2021 RDP 2021-03
Luke Hartigan and Michelle Wright
As such, it provides a way to quantify the economic costs of financial instability. ... In order to implement this framework, we develop a new financial conditions index for Australia and show that it correlates closely with previous episodes of
https://www.rba.gov.au/publications/rdp/2021/2021-03.html
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Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
It is designed with a focus on understanding systemic vulnerabilities and a philosophy of prioritising transparency over complexity. ... The paper sets out the key features of this model, how it was used during the past two years and the areas in which
https://www.rba.gov.au/publications/rdp/2022/2022-03.html
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Discussion on Australia's Prosperous 2000s: Housing and the Mining Boom | Conference – 2011

24 Jul 2000 Conferences
It is worth stressing the centrality of the Asian development story for Australia. ... If individuals are risk averse, then it makes sense to save more now.
https://www.rba.gov.au/publications/confs/2011/kearns-lowe-disc.html

Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!

12 May 2023 RDP 2023-04
Jonathan Hambur and Qazi Haque
For example, it suggests that: (i) signalling/forward guidance shocks tended to raise expected future policy rates in the mid-2010s as the RBA highlighted rising risks in housing markets; (ii) ... Although the approach provides little new information on
https://www.rba.gov.au/publications/rdp/2023/2023-04.html
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How Risky is Australian Household Debt?

25 Aug 2020 RDP 2020-05
Jonathan Kearns, Mike Major and David Norman
It is commonly cited as a major risk to numerous countries, including Australia.
https://www.rba.gov.au/publications/rdp/2020/2020-05.html
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Low Wage Growth

4 Apr 2019 Conference2019
The Reserve Bank of Australia 2019 conference, ‘Low Wage Growth’
https://www.rba.gov.au/publications/confs/2019/

Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
It captures around 8,000 firms each year from 2005/06 to 2019/20. ... For example, the central bank is likely to raise rates if it expects economic activity and inflation to increase.
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
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