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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Semi-Annual Statement on Monetary Policy
31 Jul 2003
SMP
PDF
25KB
Proxies for real interest rates can be moreuseful over long periods, particularly wherethere are pronounced differences in theprevailing inflation rate and large movementsin nominal interest rates and inflationexpectations. ... It takes a long time
https://www.rba.gov.au/publications/smp/1997/may/pdf/box-4.pdf
Statement on Monetary Policy
30 Jul 2003
SMP
PDF
47KB
There are a number of measurement issuesthat arise in calculating real interest rates.There is no unique measure of this conceptbecause interest rates vary depending onsuch factors as the maturity and ... Another important issue is thatmeasures of real
https://www.rba.gov.au/publications/smp/2001/feb/pdf/box-b.pdf
The Real Exchange Rate in Sticky Price Models: Does Investment Matter?
2 Dec 2008
Research Workshop
PDF
436KB
Reserve Bank of Australia Workshop 2008: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2008/sondergaard.pdf
Measuring Monetary Policy when the Nominal Short-Term Interest Rate is Zero: A Dynamic Stochastic Genearl Equilibrium Approach
30 Nov 2009
Research Workshop
PDF
347KB
Reserve Bank of Australia Workshop 2009
https://www.rba.gov.au/publications/workshops/research/2009/pdf/kitamura.pdf
Statement on Monetary Policy
30 Jul 2003
SMP
PDF
33KB
August 2001Reserve Bank of Australia Bulletin. 51. The level of real interest rates is oneindicator of the stance of monetary policy.Monetary policy may be regarded asexpansionary when the real policy ... Secondly, theabove discussion has been in terms
https://www.rba.gov.au/publications/smp/2001/aug/pdf/box-d.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
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
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
Endogenous Production Networks and Non-linear Monetary Transmission
19 Dec 2023
Research Workshop
PDF
2202KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-ghassibe.pdf
Overview
6 Dec 2023
SMP
- August 2023
PDF
81KB
https://www.rba.gov.au/publications/smp/2023/aug/pdf/overview.pdf