Search: ECM
RBA Glossary definition for ECM
ECM – Error-correction ratio
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Household Economic Inequality in Australia
25 Oct 2017
RDP
PDF
4842KB
27. 5.1 Error Components Model. We next use an error components model (ECM) to decompose residual incomeinequality. ... The ECM has been standard in the inequality literature sinceGottschalk and Moffitt (1994).
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-15.pdf
Trade Invoicing Currency and First-stage Exchange Rate Pass-through
21 Jun 2016
RDP
PDF
1136KB
aggregate error correction models (ECMs) of import prices. Third, we show that invoicing currency. ... Our results imply. that the speed of adjustment in an ECM framework for exchange rate changes to import prices.
https://www.rba.gov.au/publications/rdp/2016/pdf/rdp2016-05.pdf
External Review - RBA Economic Group Forecasts and Analysis
4 Apr 2016
Speech
PDF
722KB
One also needs to note that ADL equations would need to be given an ECM form since they will not produce rules that would converge to a long-run path.
https://www.rba.gov.au/speeches/2016/pdf/sp-ag-2016-04-06-external-forecast-review-final-report.pdf
Modelling the Australian Dollar
1 Oct 2015
RDP
PDF
1421KB
With this purpose in mind, the paper also discusses several extensions to the ECM. ... 3. The Baseline ECM. The baseline ECM is specified to address the following question:.
https://www.rba.gov.au/publications/rdp/2015/pdf/rdp2015-12.pdf
RBAFOI-141513
4 Mar 2015
PDF
2223KB
documents regarding foreign central bank bond purchases and levels of the Australian dollar
https://www.rba.gov.au/information/foi/disclosure-log/pdf/141513.pdf
A State-space Approach to Australian GDP Measurement
4 Feb 2015
RDP
PDF
904KB
Research Discussion Paper. A State-space Approach to Australian GDP Measurement. Daniel Rees, David Lancaster and Richard Finlay. RDP 2014-12. The Discussion Paper series is intended to make the results of the current economic research within the
https://www.rba.gov.au/publications/rdp/2014/pdf/rdp2014-12.pdf
documents produced since 1 January 2014 in relation to the appropriate level of the exchange rate
12 Sep 2014
PDF
822KB
appropriate level of the exchange rate
https://www.rba.gov.au/information/foi/disclosure-log/pdf/141503.pdf
RBAFOI-131412
28 Jan 2014
PDF
1207KB
exchange rates
https://www.rba.gov.au/information/foi/disclosure-log/pdf/131412.pdf
An Analysis of the Determinants of Imports
19 Nov 2012
RDP
PDF
966KB
Finally, the full error correction models (ECM) are estimated. Initially four lags of each of the differenced explanators are included, and then the. ... These quite different paths to the new equilibrium in response to a demand shock can be explained by
https://www.rba.gov.au/publications/rdp/1989/pdf/rdp8910.pdf
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