Search: Real interest rate
RBA Glossary definition for Real interest rate
Real interest rate – The real interest rate refers to the cost of borrowing money (i.e. the nominal interest rate) net of inflation. It takes account of the fact that part of the nominal interest that borrowers pay to lenders represents compensation for anticipated inflation. The remaining �real� component better reflects the economic cost of borrowing and the return to lending.
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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Discussion of Fiscal, Monetary and Macroprudential Regimes: Incentives-Values Compatibility in Constitutional Democracies and Global Trends …
29 Dec 2022
Conferences
PDF
84KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-tucker-del-negro-discussion.pdf
Measuring the Effect of the Zero Lower Bound on Medium- and Longer-Term Interest Rates
13 Dec 2012
Research Workshop
PDF
867KB
Reserve Bank of Australia Workshop 2012
https://www.rba.gov.au/publications/workshops/research/2012/pdf/swanson-williams.pdf
Risk Effects Versus Monetary Effects in the Determination of Short-term Interest Rates
19 Nov 2012
RDP
PDF
451KB
that the real interest rate is expressed as a deviation from a steady state. ... of these real interest rates can only be reconciled with the pure consumption.
https://www.rba.gov.au/publications/rdp/1987/pdf/rdp8708.pdf
Affine Endeavour: Estimating a Joint Model of the Nominal and Real Term Structures of Interest Rates in Australia
22 Feb 2018
RDP
PDF
1672KB
policy. Expectations for real interest rates, particularly a long way into the future, provide. ... rates, which some use as a measure of the neutral real interest rate, have declined somewhat over.
https://www.rba.gov.au/publications/rdp/2018/pdf/rdp2018-02.pdf
Gazing at r*: A Hysteresis Perspective
29 Dec 2022
Conferences
PDF
1071KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-beaudry-kartashova-meh-presentation.pdf
Discussion of The Economics of Low Interest Rates
29 Dec 2022
Conferences
PDF
2707KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-mian-discussion.pdf
Australia’s Real Exchange Rate – Is it Explained by the Terms of Trade or by Real Interest Differentials?
30 Nov 2009
RDP
PDF
530KB
These graphs provide some evidence that in the most recent period, relatively high Australian real interest rates have tended to keep the real exchange rate high. ... Mishkin (1987) agrees with their conclusions and states even more strongly that
https://www.rba.gov.au/publications/rdp/1991/pdf/rdp9108.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
Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE
7 Jan 2024
RDP
PDF
1715KB
A. reduction of the policy interest rate stimulates investment by: increasing aggregate demand;. ... change on investment. Indeed, a negative relationship between investment and interest rates is.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.pdf
Real Exchange Rates and Primary Commodity Prices
19 Dec 2019
Research Workshop
PDF
591KB
RBA Workshop 2019
https://www.rba.gov.au/publications/workshops/research/2019/pdf/rba-workshop-2019-nicolini.pdf