Search: yield
RBA Glossary definition for yield
yield – The expected rate of return expressed as a percentage of the net outlay or net proceeds of an investment, not of its face value.
Search Results
Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
15 Feb 2024
RDP
2024-01
This is not the case for simpler Romer and Romer-style shocks (Bishop and Tulip 2017) or measures based on high-frequency changes in bond yields over a 90-minute window ... A measure based on high-frequency changes in bond yields based on a 90-minute
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
15 Feb 2024
RDP
2024-01
cr: cash rate, quarterly average – RBA statistical table F1.1 Interest Rates and Yields – Money Market – Monthly. ... cr_lvl: cash rate level, quarterly average – RBA statistical table F1.1 Interest Rates and Yields – Money Market – Monthly.
https://www.rba.gov.au/publications/rdp/2024/2024-01/read-me.html
Results
15 Feb 2024
RDP
2024-01
A measure based on high-frequency changes in bond yields based on a 90-minute window around announcements (Hambur and Haque 2023), which we call ‘levels shock’.
https://www.rba.gov.au/publications/rdp/2024/2024-01/results.html
References
15 Feb 2024
RDP
2024-01
Hambur J and Q Haque (2023), ‘Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication?
https://www.rba.gov.au/publications/rdp/2024/2024-01/references.html
Data and Methodology
15 Feb 2024
RDP
2024-01
This is not the case for simpler Romer and Romer-style shocks (Bishop and Tulip 2017) or measures based on high-frequency changes in bond yields over a 90-minute window
https://www.rba.gov.au/publications/rdp/2024/2024-01/data-and-methodology.html
Through Which Channels Does Monetary Policy Affect Innovation?
15 Feb 2024
RDP
2024-01
Footnotes. This measure is based on high-frequency changes in bond yields.
https://www.rba.gov.au/publications/rdp/2024/2024-01/through-which-channels-does-monetary-policy-affect-innovation.html