Search: Index of Commodity Prices

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RBA Glossary definition for Index of Commodity Prices

Index of Commodity Prices – A Reserve Bank of Australia-compiled index which provides a measure of price movements in rural and non-rural (including base metals) commodities in Australian Dollars (AUD), Special Drawing Rights (SDR) and United States Dollars (USD).

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Productivity and Misallocation in GeneralEquilibrium David Rezza Baqaee LSE ...

4 Dec 2018 Research Workshop PDF 330KB
fiF)wF. )yi,. 10The existence of a constant-returns-to-scale aggregate final demand function allows us to unambigu-ously define real GDP using the corresponding ideal price index. ... However, the shock also reduces its price, which in turn increasesthe
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-farhi.pdf

Heterogeneous Global Cycles ∗ Maryam Farboodi MIT Péter Kondor ...

2 Dec 2018 Research Workshop PDF 3705KB
single transparency and no other firms. Thus, we can index the countries by ωc up to a random. ... in the reminder of the paper we will use ω to index country transparency as well.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-farboodi.pdf

On the Risk of Leaving the Euro∗ Manuel Macera† ...

2 Dec 2018 Research Workshop PDF 545KB
the pricing function that maps realizations of M s into a price level. ... system for the price level, the first does not map into the second.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-nicolini.pdf

Credit, Money, Interest and Prices

26 Nov 2018 Research Workshop PDF 1403KB
One approach emphasizes the connection between money and prices, and theother between interest and prices. ... The reason is that a time-zero price determinesthe real distribution of wealth.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-bigio.pdf

Mortgage Prepayment and Path-Dependent Effects of Monetary Policy∗ David ...

20 Nov 2018 Research Workshop PDF 691KB
For example, a rise in house prices increases the incentive for cashout refinancing. ... on home prices,which are less directly influenced by monetary policy than are interest rates.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-berger.pdf

QUANTITATIVE EASINGEmail: w.cui@ucl.ac.uk and v.sterk@ucl.ac.uk. We thank Marios Angeletos, Richard Harrison, and seminar participants at…

18 Nov 2018 Research Workshop PDF 872KB
Huggett-Aiyagari tradition, combined with sticky prices in the NK tradition. A number. ... particular on price stickiness. With flexible prices, an increase in aggregate consumption.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf

Market Structure and Monetary Non-neutrality

4 Jan 2018 Research Workshop PDF 1832KB
pends on aggregate consumption C(S), the aggregate price index P(S), which the firm takes as. ... ture: sectoral monopoly. Under monopoly, the sectoral price index is the monopolist’s price, and.
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-simon-mongey.pdf

Negative Gearing and Welfare: A Quantitative Study for the Australian Housing Market

4 Jan 2018 Research Workshop PDF 791KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-simon-cho-may-li.pdf

Intergenerational Redistribution in the Great Recession

4 Jan 2018 Research Workshop PDF 460KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-dirk-krueger.pdf

Tariff Reductions, Entry, and Welfare: Theory and Evidence for the Last Two Decades

17 Jan 2017 Research Workshop PDF 1001KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-romalis.pdf