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1–2 of 2 collapsed search results for FPS

RBA Glossary definition for FPS

FPS – Faster Payments Service

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Empirical Results

1 Jun 1988 RDP 8804
Malcolm Edey and Graham Elliott
The second set of efficiency tests uses expected premiums (. fp. ... The method of constructing an instrument for the expected change in the premium (. fp. t. ) was outlined in Section 5.
https://www.rba.gov.au/publications/rdp/1988/8804/empirical-results.html

Specification of Empirical Tests

1 Jun 1988 RDP 8804
Malcolm Edey and Graham Elliott
where fp. t. is the proportionate futures premium (log futures price minus log spot price). ... An estimate of equation (5) can be used to obtain an instrument for the predictable change in the premium (. fp. t. ), which can then be used in the
https://www.rba.gov.au/publications/rdp/1988/8804/specification-of-empirical-tests.html