Search: Real interest rate
RBA Glossary definition for Real interest rate
Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.
RBA Glossary definition for interest rate
interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.
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Short-term Interest Rates, Weekly Money Announcements and Rational Forecasts
1 May 1986
RDP
8602
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1986/8602.html
Introduction
1 May 1986
RDP
8602
These hypotheses each have different implications for the causal relationship between money and real interest rates. ... The interest rate response generally depends on the relationships between real output, interest rates and money.
https://www.rba.gov.au/publications/rdp/1986/8602/introduction.html
References
1 May 1986
RDP
8602
Karamouzis (1984). Monetary Policy and Real Interest Rates: New Evidence from the Money Stock Announcements. ... Journal of Monetary Economics. XIV, 225–240. Hardouvelis, G.A. (1985). Exchange Rates, Interest Rates and Money-Stock Announcements: A
https://www.rba.gov.au/publications/rdp/1986/8602/references.html