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Is the Phillips Curve Still a Curve? Evidence from the Regions
31 Aug 2021
RDP
2021-09
Figure 2 is based on job-level WPI data. Data accessed during a secondment to the ABS – not available for release.
https://www.rba.gov.au/publications/rdp/2021/2021-09/read-me.html
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Core Equations
23 Aug 2019
RDP
2019-07
The WPI captures pure wage effects, abstracting from compositional changes in employment and labour quality. ... However, real WPI will grow more slowly than aggregate labour productivity, because the WPI is partly quality adjusted.
https://www.rba.gov.au/publications/rdp/2019/2019-07/core-equations.html
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Appendix A: Summary of Minimum Wage Decisions
6 May 2018
RDP
2018-06
date. (c) Before and after periods refer to the timing of the WPI surveys used in the regression analysis.
https://www.rba.gov.au/publications/rdp/2018/2018-06/appendix-a.html
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The Resource Boom and Structural Change
31 Dec 2013
RDP
2013-03
Sources: ABS; authors' calculations. Figure 12: Relative Wage Levels. Sector WPI as a ratio to aggregate WPI, 2003/04 average = 1.0. ... Notes: WPI refers to the wage price index. (a) Excludes agriculture.
https://www.rba.gov.au/publications/rdp/2013/2013-03/resource-boom-struct-change.html
Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? | Conference – 2004
9 Aug 2004
Conferences
RBA Annual Conference – 2004 Inflation Targeting and Japan: Why has the Bank of Japan not Adopted Inflation Targeting? Takatoshi Ito. 1. Introduction. By any historical or cross-sectional standard, the Japanese economic slump from 1992 to 2004 has
https://www.rba.gov.au/publications/confs/2004/ito.html
It Takes More Than a Bubble to Become Japan | Conference – 2003
18 Aug 2003
Conferences
No residential property price burst. 9. 0. 9. WPI deflation and share booms. ... Total periods of WPI deflation. Industrial share price burst within 36 months prior.
https://www.rba.gov.au/publications/confs/2003/posen.html
New Evidence
1 Oct 1998
RDP
9811
Inflation rates were calculated as monthly changes in the CPI (or the WPI when the CPI was unavailable) from the IFS.
https://www.rba.gov.au/publications/rdp/1998/1998-11/new-evidence.html
Appendix B: A Framework for Analysis
1 Feb 1998
RDP
9803
where wpi is Australia's trading partner weighted average export prices and twi is the nominal TWI. ... where wpi. trend. is the trend of the Australian trading partner weighted average of world export prices.
https://www.rba.gov.au/publications/rdp/1998/1998-03/appendix-b.html
Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
RBA Annual Conference – 1997 Evaluating Simple Monetary-policy Rules for Australia Gordon de Brouwer and James O'Regan. Generally, the ultimate objectives of monetary policy are low and stable inflation and maximum sustainable economic growth.
https://www.rba.gov.au/publications/confs/1997/de-brouwer-oregan.html
Discussion on Inflation, Indicators and Monetary Policy | Conference – 1992
10 Jul 1992
Conferences
C3. WPI. (4)0.90. (4)0.83. (4)0.83. (5)0.89. (5)0.89. (5)0.88. (5)0.86. (4)0.83. (4)0.81. ... WPI. (11)0.67. (11)0.66. (11)0.58. (11)0.74. (10)0.67. (4)0.57. (3)0.35. (13)0.37. (3)0.54. (8)0.64.
https://www.rba.gov.au/publications/confs/1992/blundell-wignall-lowe-tarditi-disc.html