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RBA Glossary definition for direct debit

direct debit – A pre-authorised debit on the payer's bank account initiated by the recipient (payee).

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Credit, Money, Interest and Prices

26 Nov 2018 Research Workshop PDF 1403KB
That paper has a rich description of bank decisions, whereas the non-financial side is static.The banking sector in this paper is a simplified version that operates as a direct
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
Finally,rate refinancing is especially policy relevant because the Fed can fairly directly affect incentives for raterefinancing but has less direct control on cash out incentives via house prices. ... have no direct dependence on pastpolicy actions.14
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-berger.pdf

Missing Growth from Creative Destruction Philippe Aghion, Antonin Bergeaud ...

20 Nov 2018 Research Workshop PDF 339KB
the opportunity cost of time and the direct costs of travel. ... 21Dolfen et al. (2018) estimate 79 cents in direct costs (fuel, depreciation) and 80 cents inindirect costs (opportunity cost of time based on after-tax wages), for a total of
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-huiyu-li.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
The direct. effect of this transformation on consumption depends on the difference in the marginal. ... MPCL = MPCI , other things equal. In this case, QE would have no direct effect on.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-sterk.pdf

Endogenous Technology Adoption and R&D as Sources of Business ...

21 Jun 2018 Research Workshop PDF 943KB
We are. forced to introduce this asymmetry because we do not have a direct observable to measure.
https://www.rba.gov.au/publications/workshops/research/2018/pdf/rba-workshop-2018-comin.pdf

Market Structure and Monetary Non-neutrality

4 Jan 2018 Research Workshop PDF 1832KB
spect to profits, a firm’s optimal price is increasing in the price of its direct competitor. ... Q(S, S′) = βP(S)C(S). P(S′)C(S′). (5). 2.2 Firms. I consider the problem for firm i, denoting its direct competitor i.
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-simon-mongey.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

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

Exchange Rate Policies at the Zero Lower Bound

4 Jan 2018 Research Workshop PDF 1012KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-javier-bianchi.pdf

Trading Down and the Business Cycle

4 Jan 2018 Research Workshop PDF 894KB
https://www.rba.gov.au/publications/workshops/research/2017/pdf/rba-workshop-2017-arlene-wong.pdf