Search: IT
RBA Glossary definition for IT
IT – Information Technology
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Statistical Method for Estimating Willingness to Pay
19 Apr 2024
RDP
2024-02
ε. i. j. where HighFee. ij. is a dummy variable equal to one if account j has high fees ($25), and zero if it has low fees ($20). ... In our specification we also include a constant, and test whether it differs from the predicted value of zero, to gauge
https://www.rba.gov.au/publications/rdp/2024/2024-02/statistical-method-for-estimating-willingness-to-pay.html
Valuing Safety and Privacy in Retail Central Bank Digital Currency
11 Apr 2024
RDP
2024-02
The Online Appendix explains where to find the plan and contains all planned analysis that did not make it into this paper.
https://www.rba.gov.au/publications/rdp/2024/2024-02/sections.html
Valuing Safety and Privacy in Retail Central Bank Digital Currency
11 Apr 2024
RDP
2024-02
As it is a consumer survey, we are unable to comment on the CBDC attitudes of businesses. ... In that case it becomes impossible to identify the average willingness to pay to switch product characteristics.
https://www.rba.gov.au/publications/rdp/2024/2024-02/full.html
Non-technical summary for ‘Valuing Safety and Privacy in Retail Central Bank Digital Currency’
11 Apr 2024
RDP
2024-02
It could also include various other features, such as different levels of privacy. ... crime. For Australian consumers to value a retail CBDC enough to justify its introduction, it would need to offer more than simply being issued by the RBA.
https://www.rba.gov.au/publications/rdp/2024/2024-02/non-technical-summary.html
Summary and Discussion
11 Apr 2024
RDP
2024-02
Reasons beyond safety could also be contributing, such as views about whether it is appropriate for the government to perform this expanded role. ... Privacy settings for a retail CBDC – though it is not yet clear what they would be in practice –
https://www.rba.gov.au/publications/rdp/2024/2024-02/summary-and-discussion.html
Introduction
11 Apr 2024
RDP
2024-02
But the broader privacy literature also shows that people regularly forego privacy even when stating strong preferences for it. ... As it is a consumer survey, we are unable to comment on the CBDC attitudes of businesses.
https://www.rba.gov.au/publications/rdp/2024/2024-02/introduction.html
Valuing Safety and Privacy in Retail Central Bank Digital Currency
11 Apr 2024
RDP
2024-02
It is therefore not possible to provide unit record data to the public. ... Web search data. Although the data for Figure 3 is not provided it can be obtained from Google Trends (https://www.google.com/trends).
https://www.rba.gov.au/publications/rdp/2024/2024-02/read-me.html
Online Appendix
11 Apr 2024
RDP
2024-02
We conducted the cash use exercise in response to seminar feedback, and explored it in a separate model to age and income because it is a bad control for the age
https://www.rba.gov.au/publications/rdp/2024/2024-02/online-appendix.html
Main Results
11 Apr 2024
RDP
2024-02
It does not tell us how much Australians value the option of having an RBA account, which is also a relevant policy question when assessing the case for CBDC.
https://www.rba.gov.au/publications/rdp/2024/2024-02/main-results.html
Survey Question for the Discrete Choice Experiment
11 Apr 2024
RDP
2024-02
We offer an introduction here, as it pertains to our specific application, and highlight important features and our rationale along the way. ... In that case it becomes impossible to identify the average willingness to pay to switch product
https://www.rba.gov.au/publications/rdp/2024/2024-02/survey-question-for-the-discrete-choice-experiment.html