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1–10 of 13 collapsed search results for monetary aggregates

RBA Glossary definition for monetary aggregates

monetary aggregates – A series of measures of the values of currency on issue, current deposits with banks, other deposits with banks, plus borrowings from the private sector by non-bank financial institutions (NBFIs) less currency and bank deposits by NBFIs. Components consist of: 'M1' defined as currency plus bank current deposits from the private non-bank sector; 'M3' defined as M1 plus all other authorised deposit-taking institution (ADI) deposits from the private non-ADI sector, plus certificates of deposit issued by banks, less ADI deposits held with one another; 'Broad money' defined as M3 plus other short-term liquid AFI liabilities held by the private sector, except those held by other AFIs ; 'Money base' defined as holdings of banknotes and coins by the private sector plus deposits of banks with the Reserve Bank of Australia (RBA) and other RBA liabilities to the private non-bank sector

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The 1893 Bank Crashes and Monetary Aggregates

1 Apr 1993 RDP 9303
David T. Merrett
Research Discussion Papers contain the results of economic research within the Reserve Bank
https://www.rba.gov.au/publications/rdp/1993/9303.html

Existing Estimates of Monetary Aggregates

1 Apr 1993 RDP 9303
David T. Merrett
RDP 9303: The 1893 Bank Crashes and Monetary Aggregates 2. Existing Estimates of Monetary Aggregates. ... 1893. Only M3 peaked immediately before the banking crisis. Why then did monetary aggregates decline?
https://www.rba.gov.au/publications/rdp/1993/9303/existing-est-monetary-agg.html

Alternative Series of Monetary Aggregates within Australia 1893–1914

1 Apr 1993 RDP 9303
David T. Merrett
It is now possible to compare the revised estimate of monetary aggregates with the series produced by Schedvin. ... Table 4: Estimates of Revised Monetary Aggregates, M1, M2 and M3, Australia 1890–1914.
https://www.rba.gov.au/publications/rdp/1993/9303/alternative-monetary-aggregates-aus-1893-1914.html

The 1893 Bank Crashes and Monetary Aggregates

1 Apr 1993 RDP 9303
David T. Merrett
Research Discussion Paper – RDP 9303 The 1893 Bank Crashes and Monetary Aggregates.
https://www.rba.gov.au/publications/rdp/1993/9303/

Appendix C: Estimate of Deposit Receipts and Inscribed Stock Held by Banks within Australia 1893–1914

1 Apr 1993 RDP 9303
David T. Merrett
RDP 9303: The 1893 Bank Crashes and Monetary Aggregates Appendix C: Estimate of Deposit Receipts and Inscribed Stock Held by Banks within Australia 1893–1914.
https://www.rba.gov.au/publications/rdp/1993/9303/appendix-c.html

Appendix A: Interminable Stock and ‘Other Liabilities’ 1893–1914

1 Apr 1993 RDP 9303
David T. Merrett
RDP 9303: The 1893 Bank Crashes and Monetary Aggregates Appendix A: Interminable Stock and ‘Other Liabilities’ 1893–1914.
https://www.rba.gov.au/publications/rdp/1993/9303/appendix-a.html

Conclusions

1 Apr 1993 RDP 9303
David T. Merrett
Download the Paper 50. KB. The revised series of monetary aggregates presented in this paper suggest a monetary contraction of unparalleled proportions in Australian history. ... The relative magnitude of the monetary disturbance of the 1890s raises the
https://www.rba.gov.au/publications/rdp/1993/9303/conclusions.html

Introduction

1 Apr 1993 RDP 9303
David T. Merrett
RDP 9303: The 1893 Bank Crashes and Monetary Aggregates 1. Introduction. ... Australian Banking and Monetary Statistics 1817–1945. provide data for this period that have been widely accepted.
https://www.rba.gov.au/publications/rdp/1993/9303/introduction.html

References

1 Apr 1993 RDP 9303
David T. Merrett
RDP 9303: The 1893 Bank Crashes and Monetary Aggregates References. David T. ... Juttner, D.J. (1987),. Financial Markets, Interest Rates and Monetary Economics. , Longman Cheshire, Melbourne.
https://www.rba.gov.au/publications/rdp/1993/9303/references.html

Appendix D: Estimate of Market Value of Deposit Receipts and Inscribed Stock held by Banks in Australia 1894–1914

1 Apr 1993 RDP 9303
David T. Merrett
RDP 9303: The 1893 Bank Crashes and Monetary Aggregates Appendix D: Estimate of Market Value of Deposit Receipts and Inscribed Stock held by Banks in Australia 1894–1914.
https://www.rba.gov.au/publications/rdp/1993/9303/appendix-d.html