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Bridging the Textbook Gaps on How the RBA Implements a Change to the Cash Rate | Teacher Updates | Education

4 May 2023
Teacher Update Bridging the Textbook Gaps on How the RBA Implements a Change to the Cash Rate. ... Practice differs from theory and there are some gaps in the explanations provided by the typical textbook.
https://www.rba.gov.au/education/resources/teacher-updates/bridging-the-textbook-gaps-on-how-the-rba-implements-monetary-policy/

Readings | Education

22 Mar 2024
A set of slides, explaining the role of the RBA and the monetary policy formation and recent economic trends in Australia
https://www.rba.gov.au/education/teacher-materials/readings/

At a Glance: The Reality of Monetary Policy Implementation | Bridging the Textbook Gaps on How the RBA Implements a Change to the Cash Rate …

9 Mar 2023
What the textbook says. What actually happens. Understanding the implementation of monetary policy. ... Cash rate change. Typical Textbook Analysis. Actual Implementation Process. Central bank changes the quantity of system cash to change the cash rate.
https://www.rba.gov.au/education/resources/teacher-updates/bridging-the-textbook-gaps-on-how-the-rba-implements-monetary-policy/reality-of-monetary-policy-implementation.html

September | 2018

20 Sep 2018 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2018/sep/

2019

8 Feb 2019 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2019/

June | 2019

20 Jun 2019 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/2019/jun/

Monetary Transmission in a Deregulated Financial System

19 Nov 2012 RDP PDF 825KB
textbook models - a liquid (in the sense of ease of making transactions) asset. ... as "money" in the Tobin-type framework do not resemble at all the textbook.
https://www.rba.gov.au/publications/rdp/1988/pdf/rdp8811.pdf

Problems and Challenges of International Capital Flows

7 Dec 2000 Conferences PDF 20KB
So neither of the two so-called corner solutionsset out as the logical textbook alternatives are really useful. ... It certainly bears no resemblance to the textbook descriptionof gradual and smooth adjustment, nor to the theorising about identifying
https://www.rba.gov.au/publications/confs/1999/pdf/volcker.pdf

Introduction

1 Dec 1988 RDP 8811
Dirk Morris
Download the Paper 826. KB. Traditional textbook theories of monetary policy rely heavily on the Hicksian IS/LM model in which the monetary authorities control an exogenous “money” stock in implementing ... Indeed, it is argued in this paper that
https://www.rba.gov.au/publications/rdp/1988/8811/introduction.html
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Related Literature

12 May 2023 RDP 2023-04
Jonathan Hambur and Qazi Haque
Overall, they find that Action shocks affect the economy like textbook monetary policy shocks.
https://www.rba.gov.au/publications/rdp/2023/2023-04/related-literature.html
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