Search: ECM
RBA Glossary definition for ECM
ECM – Error-correction ratio
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The Future of Inflation Targeting: Proceedings of a Conference
18 Apr 2012
Conferences
PDF
1390KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/conf-vol-2004.pdf
Inflation in an Era of Relative Price Shocks: Proceedings of a Conference
12 May 2010
Conferences
PDF
2491KB
RBA Conference Volume 2009
https://www.rba.gov.au/publications/confs/2009/pdf/conf-vol-2009.pdf
Discussion of Determinants of Agricultural and Mineral Commodity Prices
10 May 2010
Conferences
PDF
186KB
RBA Conference Volume 2009
https://www.rba.gov.au/publications/confs/2009/pdf/frankel-rose-disc.pdf
Household Saving and Asset Valuations in Selected Industrialised Countries
2 Dec 2009
RDP
PDF
212KB
12. The associated short-term specification of the ECM is:. st = α1ECMt1α2yt α3pteqα3pt. ... From the ECM estimations, reported in Table 1, the following observations can bemade:. •
https://www.rba.gov.au/publications/rdp/2006/pdf/rdp2006-07.pdf
Australia’s Medium-run Exchange Rate: A Macroeconomic Balance Approach
2 Dec 2009
RDP
PDF
217KB
We also compared the results to ECM and OLS estimates. Appendix C contains the details.
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-03.pdf
Housing Wealth, Stock Market Wealth and Consumption: A Panel Analysis for Australia
2 Dec 2009
RDP
PDF
130KB
23 Time series estimation techniques such as an error correction model (ECM) allow us alsoto judge how long it takes for the long-run effects of a permanent wealth change to ... IV ECM DOLS IV ECM DOLS. Yt 0.713 0.803 0.661 0.645 0.696 0.592.
https://www.rba.gov.au/publications/rdp/2003/pdf/rdp2003-07.pdf
Towards an Understanding of Australia’s Co-movement with Foreign Business Cycles
1 Dec 2009
RDP
PDF
148KB
TOWARDS AN UNDERSTANDING OF AUSTRALIA’SCO-MOVEMENT WITH FOREIGN BUSINESS CYCLES. Nicolas de Roos and Bill Russell. Research Discussion Paper. 9607. November 1996. Economic Research Department. Reserve Bank of Australia. We would like to especially
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9607.pdf
The Liberalisation and Integration of Domestic Financial Markets in Western Pacific Economies
1 Dec 2009
RDP
PDF
253KB
9 Cottarelli and Kourelis (1994) state that an ECM performs poorly, but this is because they. ... from the ECM as 1. 2. 1, β β. The pricing rules suggest that.
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9506.pdf
Superannuation and Saving
1 Dec 2009
RDP
PDF
102KB
SUPERANNUATION AND SAVING. Steven Morling and Robert Subbaraman. Research Discussion Paper. 9511. December 1995. Economic Analysis Department. Reserve Bank of Australia. The authors would like to thank Palle Andersen, Robin Foster, Alison Tarditi,
https://www.rba.gov.au/publications/rdp/1995/pdf/rdp9511.pdf
Why Does the Australian Dollar Move so Closely with the Terms of Trade?
1 Dec 2009
RDP
PDF
203KB
q tott t t= >λ ε λ. , 0 (6). To derive the second time-series model for Australia’s real exchange rate, we beginwith an unrestricted error-correction model (ECM):.
https://www.rba.gov.au/publications/rdp/1996/pdf/rdp9601.pdf