Search: Real interest rate

Sort by: Relevance Date
21–30 of 2,073 search results for 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.

Search Results

Parameters of Money Demand, Own Rates and the Effectiveness of Intermediate Targets

1 May 1987 RDP 8703
Adrian Blundell-Wignall and Susan Thorp
Where own rate effects are present, containing the growth of a monetary aggregate in the face of inflation pressures would be more likely to be associated with rising real interest rates. ... rates. However, interactions are such that real interest rate
https://www.rba.gov.au/publications/rdp/1987/8703/parameters-of-money-demand-own-rates-and-the-effectiveness-of-intermediate-targets.html
See 10 more results from "RDP 8703"

Risk Effects Versus Monetary Effects in the Determination of Short-term Interest Rates

1 Oct 1987 RDP 8708
Malcolm L. Edey
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1987/8708.html
See 7 more results from "RDP 8708"

The Smoothing of Official Interest Rates | Conference – 1997

21 Jul 1997 Conferences
Philip Lowe and Luci Ellis
The task for the monetary authorities is simply to move the nominal interest rate in line with the random changes in the real interest rate. ... we simply assumed a linear relationship between the real interest rate and economic activity.
https://www.rba.gov.au/publications/confs/1997/lowe-ellis.html

The Role of the Exchange Rate in Monetary Policy – the Experience of Other Countries | Conference – 1993

12 Jul 1993 Conferences
Michael Artis
Then (real) interest rates and intervention target the FEER, whilst fiscal policy is used to target the nominal demand objective. ... 0 schedule would slope forward, as shown. This system is not stable (see Appendix C); but if nominal interest rates rise
https://www.rba.gov.au/publications/confs/1993/artis.html

Financial Stability in a Low Interest Rate Environment: An Australian Case Study | Conference – 2017

16 Mar 2017 Conferences
Luci Ellis and Charles Littrell
from a decline in the equilibrium real interest rate. ... A decline in real interest rates could occur because trend economic growth has declined, but that is not a scenario in which an increase in household indebtedness would be regarded as
https://www.rba.gov.au/publications/confs/2017/ellis-littrell.html

Annex: Real Interest Parity

1 Mar 1992 RDP 9203
Adrian Blundell-Wignall and Frank Browne
where E(R. mt. ) and. are the ex ante or expected domestic and foreign real interest rates. ... The major practical problem here is that ex ante real interest rates are not directly observable.
https://www.rba.gov.au/publications/rdp/1992/9203/annex-real-interest-parity.html
See 10 more results from "RDP 9203"

The Cross-country Relationship between Interest Rates and Inflation over Three Decades

6 Jul 2007 RDP PDF 928KB
Since the level of real interest rates will also impact on the rate of inflation,. ... New Zealand and the UK have experienced a rise in inflation, despite running pre-tax real interest rates above the world rate.
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9104.pdf

MARTIN Has Its Place: A Macroeconometric Model of the Australian Economy

1 Aug 2019 RDP 2019-07
Alexander Ballantyne, Tom Cusbert, Richard Evans, Rochelle Guttmann, Jonathan Hambur, Adam Hamilton, Elizabeth Kendall, Rachael McCririck, Gabriela Nodari and Daniel Rees
Examples include interest rates, the exchange rate, the expenditure components of real GDP, labour market variables and inflation. ... We proxy for the latter with the real mortgage interest rate, which captures the tendency for loan-to-valuation ratios
https://www.rba.gov.au/publications/rdp/2019/2019-07/full.html
See 11 more results from "RDP 2019-07"

Monetary Targeting: The International Experience | Conference – 1989

20 Jun 1989 Conferences
Malcolm Edey
information on which policy is based (. ), and the elasticity of real demand with respect to the real interest rate. ... The mechanism by which policy works can be thought of as being through the effect of the real interest rate on real demand.
https://www.rba.gov.au/publications/confs/1989/edey.html

Monthly Movements in the Australian Dollar and Real Short-term Interest Differentials: An Application of the Kalman Filter

19 Apr 2007 RDP PDF 487KB
In particular, the relationship between the real exchange rate and real interest rates has fallen under scrutiny since the late 1980s. ... One way of accessing real interest rate data is to use long-term (typically ten-year) real interest rates across
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9111.pdf