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RBA Glossary definition for fiscal transparency

fiscal transparency – The facility which enables investors and other interested parties to satisfy themselves as to the nature and quality of the decision process pursued by policy-makers in government or the corporate entity concerned. One of the 12 key standards identified by the Financial Stability Forum as the minimum required for good practice in sound financial systems. Fiscal transparency strengthens accountability of the government and decreases the risk of maintaining unsustainable policies.

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Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada

10 Feb 2020 Conferences PDF 1639KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-carter-mendes-schembri.pdf

Robust Design Principles for Monetary Policy Committees

10 Feb 2020 Conferences PDF 1517KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-archer-levin.pdf

Is Monetary Policy Less Effective When Interest Rates Are Persistently Low?

10 Feb 2020 Conferences PDF 1690KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-borio-hofmann.pdf

Monetary Policy and Financial Stability

10 Feb 2020 Conferences PDF 1844KB
RBA Conference Volume 2017
https://www.rba.gov.au/publications/confs/2017/pdf/rba-conference-volume-2017-dellariccia-habermeier-haksar-mancini-griffoli.pdf

The Institutional Design Framework for Monetary Policy

9 Dec 2019 RDP 2019-11
Bradley Jones and Joel Bowman
Accountability and transparency – the central bank is held accountable by lawmakers for meeting these monetary policy objectives. ... As discussed below, the mechanisms for transparency are more similar than those for accountability per se.
https://www.rba.gov.au/publications/rdp/2019/2019-11/the-institutional-design-framework-for-monetary-policy.html
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China’s Evolving Monetary Policy Framework in International Context

4 Dec 2019 RDP PDF 1923KB
monetary, macroprudential, fiscal and industrial policies are jointly co-determined under the auspices. ... institutional set-up, increased focus on the management of expectations via increased transparency.
https://www.rba.gov.au/publications/rdp/2019/pdf/rdp2019-11.pdf

Discussion of Monetary and Macroprudential Policies: The Case for a Separation of Powers

18 Dec 2018 Conferences PDF 83KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-broadbent-discussion.pdf

Discussion of Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years

18 Dec 2018 Conferences PDF 105KB
RBA Conference Volume 2018
https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-mckibbin-panton-discussion.pdf

Heterogeneous Global Cycles ∗ Maryam Farboodi MIT Péter Kondor ...

2 Dec 2018 Research Workshop PDF 3705KB
identical independent of their transparency. Moreover, the aggregate shock does not affect any of. ... In. contrast, good firms with transparency ω [0, ω1] are only partially financed.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-farboodi.pdf

QUANTITATIVE EASINGEmail: w.cui@ucl.ac.uk and v.sterk@ucl.ac.uk. We thank Marios Angeletos, Richard Harrison, and seminar participants at…

18 Nov 2018 Research Workshop PDF 872KB
assets. Cui (2016) studies the optimal monetary-fiscal policy mix in a model in which the.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf