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RBA Glossary definition for basis point
basis point – A basis point is 1/100th of 1 per cent or 0.01 per cent, so 100 basis points (bps) is equal to 1 percentage point. The term is used in money and securities markets to define differences in interest or yield. If an interest rate were to increase from 2 per cent to 3 per cent, it is said to have risen by 100 basis points (bps) or one percentage point.
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Ruling Out Unboundedness Using Alternative Restrictions
11 Oct 2022
RDP
2022-04
Download the Paper 2,225. KB. In the context of estimating the effects of monetary policy, the identified set for the impulse responses to a 100 basis point shock may be ... η. ˜. 2. ,. 1. ,. 0. |. λ. ). However, it seems similarly difficult to come
https://www.rba.gov.au/publications/rdp/2022/2022-04/ruling-out-unboundedness-using-alternative-restrictions.html