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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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The Term Structure of Interest Rates, Real Activity and Inflation

1 May 1992 RDP 9204
Philip Lowe
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1992/9204.html

The Term Structure of Interest Rates, Real Activity and Inflation

1 May 1992 RDP 9204
Philip Lowe
Research Discussion Paper – RDP 9204 The Term Structure of Interest Rates, Real Activity and Inflation.
https://www.rba.gov.au/publications/rdp/1992/9204/

Appendix 1: Data

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation Appendix 1: Data. ... In the inflation change regressions, the three end-month interest rates are averaged for the quarter while, in the activity regressions, the interest rate
https://www.rba.gov.au/publications/rdp/1992/9204/appendix-1.html

Theory

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation 2. ... to. and reducing both the short and long steady state interest rates from.
https://www.rba.gov.au/publications/rdp/1992/9204/theory.html

Introduction

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation 1. ... It introduces a long term interest rate into a Keynesian model with long-run monetary neutrality.
https://www.rba.gov.au/publications/rdp/1992/9204/introduction.html

Appendix 2: Derivation of Dynamics

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation Appendix 2: Derivation of Dynamics. ... t. ). This yields:. The larger is θ, the quicker the output and interest rate responses reach their maxima.
https://www.rba.gov.au/publications/rdp/1992/9204/appendix-2.html

References

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation References. ... Download the Paper 439. KB. Bernanke, Ben S., “On The Predictive Power of Interest Rates and Interest Rate Spreads”, New England Economic Review, 1990,
https://www.rba.gov.au/publications/rdp/1992/9204/references.html

Appendix 3: Forecasting Ability of Selected Yield Spreads

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation Appendix 3: Forecasting Ability of Selected Yield Spreads.
https://www.rba.gov.au/publications/rdp/1992/9204/appendix-3.html

Summary and Conclusions

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation 5. ... Taken together, the results on activity and inflation are consistent with monetary policy having effects on real interest rates through price stickiness.
https://www.rba.gov.au/publications/rdp/1992/9204/summary-and-conclusions.html

The Yield Curve and Changes in Inflation

1 May 1992 RDP 9204
Philip Lowe
RDP 9204: The Term Structure of Interest Rates, Real Activity and Inflation 4. ... Accordingly, in estimating equation (16), the average of the three end-month interest rates for the quarter is used in place of the end quarter interest rate.
https://www.rba.gov.au/publications/rdp/1992/9204/yield-curve-and-changes-in-inflation.html