Search: SOEs
RBA Glossary definition for SOEs
SOEs – state owned enterprises
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The Life of Australian Banknotes
3 Sep 2015
RDP
2015-10
Its aim is to present preliminary results of research so as to encourage discussion and comment.
https://www.rba.gov.au/publications/rdp/2015/2015-10/
Appendix A: Deriving the Feige Steady-state Equation
1 Dec 2015
RDP
2015-10
where C(t) equals banknotes on issue at time t. So given the average life of a banknote can be calculated as the number of lifetime transactions relative to the number
https://www.rba.gov.au/publications/rdp/2015/2015-10/appendix-a.html
Survival Modelling
1 Dec 2015
RDP
2015-10
Technically, p is estimated using a logistic function so that its value is restricted to be between zero and one.
https://www.rba.gov.au/publications/rdp/2015/2015-10/survival-modelling.html
Traditional Steady-state or Turnover Method
1 Dec 2015
RDP
2015-10
The remaining population thereafter is much younger and therefore is likely to experience fewer deaths for a time, and so subsequent life estimates are likely to be overestimated for some time.
https://www.rba.gov.au/publications/rdp/2015/2015-10/traditional-steady-state-or-turnover-method.html
Limitations of the Steady-state Methods
1 Dec 2015
RDP
2015-10
Over the past twenty or so years, however, there have been a number of exogenous shocks, as follows.
https://www.rba.gov.au/publications/rdp/2015/2015-10/limitations-of-the-steady-state-methods.html