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Introduction
1 Dec 1988
RDP
8811
Download the Paper 826. KB. Traditional textbook theories of monetary policy rely heavily on the Hicksian IS/LM model in which the monetary authorities control an exogenous “money” stock in implementing ... Indeed, it is argued in this paper that
https://www.rba.gov.au/publications/rdp/1988/8811/introduction.html
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Introduction
6 May 2018
RDP
2018-05
Modern macroeconomic textbooks typically suggest that there is an inverse relationship between interest rates and business investment (e.g. ... Mankiw 2007; Blanchard 2017). In the textbook description, this inverse relationship is essential to
https://www.rba.gov.au/publications/rdp/2018/2018-05/introduction.html
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The FRB/US Model
10 Dec 2014
RDP
2014-02
FRB/US differs from many models published in textbooks and academic journals in that it is not designed for expositional purposes. ... The channels through which monetary and fiscal policy work in FRB/US are summarised by intermediate macroeconomics
https://www.rba.gov.au/publications/rdp/2014/2014-02/model.html
Related Literature
12 May 2023
RDP
2023-04
Overall, they find that Action shocks affect the economy like textbook monetary policy shocks.
https://www.rba.gov.au/publications/rdp/2023/2023-04/related-literature.html
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Biographies of Contributors | Conference – 2001
24 Jul 2001
Conferences
His textbook, Macroeconomics, A European Perspective, written jointly with Michael Burda, is the first all-European macroeconomics textbook, now translated in seven languages.
https://www.rba.gov.au/publications/confs/2001/bios-2001.html
Monetarism: An Interpretation and Assessment
1 Dec 1980
RDP
8009
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1980/8009.html
Introduction
11 Oct 2022
RDP
2022-04
shocks. Interestingly, conventional macroeconomic theory also does not rule out this non-response; in the textbook New Keynesian model (e.g.
https://www.rba.gov.au/publications/rdp/2022/2022-04/introduction.html
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Problems and Challenges of International Capital Flows | Conference – 1999
9 Aug 1999
Conferences
So neither of the two so-called corner solutions set out as the logical textbook alternatives are really useful. ... It certainly bears no resemblance to the textbook description of gradual and smooth adjustment, nor to the theorising about identifying
https://www.rba.gov.au/publications/confs/1999/volcker.html
The Model
1 Jul 1998
RDP
9806
Equation (3) is similar to reduced-form equations for the exchange rate in many textbooks.
https://www.rba.gov.au/publications/rdp/1998/1998-06/model.html
Non-technical summary for ‘Job Loss, Subjective Expectations and Household Spending’
18 Aug 2021
RDP
2021-08
This is inconsistent with standard textbook models of household spending, but consistent with empirical research from other advanced economies.
https://www.rba.gov.au/publications/rdp/2021/2021-08/non-technical-summary.html