Search: liquidity

Sort by: Relevance Date
1–10 of 11 collapsed search results for liquidity

RBA Glossary definition for liquidity

liquidity – The capacity to sell an asset quickly without significantly affecting the price of that asset. Liquidity is also sometimes used to refer to assets that are highly liquid.

Search Results

Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter?

1 May 1996 RDP 9602
Gordon de Brouwer
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1996/9602.html

Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter?

1 May 1996 RDP 9602
Gordon de Brouwer
https://www.rba.gov.au/publications/rdp/1996/9602/

Appendix A: Definitions, Sources and Figures of Data

1 May 1996 RDP 9602
Gordon de Brouwer
RDP 9602: Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter? ... Figure 14: Liquidity Constraints in Singapore. Consumption: non-durables expenditure and total private expenditure 1991 constant prices,
https://www.rba.gov.au/publications/rdp/1996/9602/appendix-a.html

The Euler Equation with Liquidity Constraints

1 May 1996 RDP 9602
Gordon de Brouwer
Table 2: Proxies for the Liquidity Constraint. Liquidity constraint. Expected effect on consumption. ... It is appropriate to ask what information non-durables expenditure contains about liquidity constraints.
https://www.rba.gov.au/publications/rdp/1996/9602/euler-equation-with-liquidity-constraints.html

Introduction

1 May 1996 RDP 9602
Gordon de Brouwer
RDP 9602: Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter? ... A simple model of consumer choice is outlined which allows for liquidity constraints and changing real interest rates and demographics.
https://www.rba.gov.au/publications/rdp/1996/9602/introduction.html

Appendix B: Estimation Results

1 May 1996 RDP 9602
Gordon de Brouwer
Liquidity constraint defined as money/GDP ratio. Liquidity constraint defined as the deposit rate. ... Liquidity constraint defined as loan rate. Liquidity constraint defined as loan-deposit rate.
https://www.rba.gov.au/publications/rdp/1996/9602/appendix-b.html

Conclusion

1 May 1996 RDP 9602
Gordon de Brouwer
RDP 9602: Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter? ... Non-durable consumption in Hong Kong, Japan, Korea, Singapore, Taiwan and Thailand can be modelled as the outcome of liquidity-constrained
https://www.rba.gov.au/publications/rdp/1996/9602/conclusion.html

References

1 May 1996 RDP 9602
Gordon de Brouwer
RDP 9602: Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter? ... Zeldes, S.P. (1989), ‘Consumption and Liquidity Constraints: An Empirical Investigation’, Journal of Political Economy, 97(2), pp.
https://www.rba.gov.au/publications/rdp/1996/9602/references.html

Estimation And Results

1 May 1996 RDP 9602
Gordon de Brouwer
RDP 9602: Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter? ... The coefficients are stable over sub-periods, indicating no change in liquidity constraints.
https://www.rba.gov.au/publications/rdp/1996/9602/estimation-and-results.html

Domestic and International Effects

1 May 1996 RDP 9602
Gordon de Brouwer
RDP 9602: Consumption and Liquidity Constraints in Australia and East Asia: Does Financial Integration Matter? ... Download the Paper 346. KB. The proxies for liquidity constraints in Table 2 are defined in terms of domestic rather than international
https://www.rba.gov.au/publications/rdp/1996/9602/domestic-and-international-effects.html