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RBA Glossary definition for Nominal interest rate

Nominal interest rate – The nominal interest rate refers to the cost of borrowing money before adjustment for inflation i.e. it includes compensation for the expected erosion of the value of the borrowed funds due to inflation. It is the cost visible to the borrower, and is composed of the real interest rate plus inflation.

RBA Glossary definition for interest rate

interest rate – The term used to describe the cost of borrowing money or the return to the owner of the funds which are invested or lent out. It is usually expressed as a percent per annum of the amount of money borrowed, lent or invested.

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Austerity in the Aftermath of the Great Recession.

17 Jan 2017 Research Workshop PDF 3425KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-tesar.pdf

Optimal Automatic Stabilizers

17 Jan 2017 Research Workshop PDF 592KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-mckay.pdf

Same Spain, Less Pain?

17 Jan 2017 Research Workshop PDF 1230KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-gomez-gonzales.pdf

Putting the Cycle Back into Business Cycle Analysis

17 Jan 2017 Research Workshop PDF 7471KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-portier.pdf

The Power of Unconventional Monetary Policy in a Liquidity Trap

17 Jan 2017 Research Workshop PDF 532KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-masayuki.pdf

DRAFT_APPENDIX

11 Dec 2016 Research Workshop PDF 3222KB
GDP. %GDPt. t. where it. is the nominal interest rate, r is the long-run real interest rate, t. ... ut. ) t. ,. where it. is the nominal interest rate, t.
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-tesar-appendix.pdf

Are Low Interest Rates Deflationary? A Paradox of Perfect-Foresight Analysis

8 Apr 2016 Research Workshop PDF 664KB
Reserve Bank of Australia Research Workshop 2015: Quantitative Macroeconomics
https://www.rba.gov.au/publications/workshops/research/2015/pdf/rba-workshop-2015-garcia-schmidt-woodford.pdf

Reviving the Limit Cycle View of Macroeconomic Fluctuations

8 Apr 2016 Research Workshop PDF 685KB
Reserve Bank of Australia Research Workshop 2015: Quantitative Macroeconomics
https://www.rba.gov.au/publications/workshops/research/2015/pdf/rba-workshop-2015-beaudry-galizia-portier.pdf

Forward Guidance and the State of the Economy

7 Apr 2016 Research Workshop PDF 420KB
Reserve Bank of Australia Research Workshop 2015: Quantitative Macroeconomics
https://www.rba.gov.au/publications/workshops/research/2015/pdf/rba-workshop-2015-keen-richter-throckmorton.pdf

Private News and Monetary Policy

7 Apr 2016 Research Workshop PDF 487KB
Reserve Bank of Australia Research Workshop 2015: Quantitative Macroeconomics
https://www.rba.gov.au/publications/workshops/research/2015/pdf/rba-workshop-2015-fujiwara-waki.pdf