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How Infrastructure Fits In
15 Jun 2018
Speech
PDF
199KB
Despite the role of the state in the provision and management of these types of infrastructure, theyare not ‘public goods’ in the textbook sense. ... Textbook public goods are non-rival and non-excludable: their benefits aren't diminished by an extra
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-06-15.pdf
What Happened to the Study of Economics?
4 Jul 2018
Speech
PDF
385KB
Much has been made in recent years of the fact that females (orminority groups) rarely appear in textbooks, other than in stereotypic roles. ... 7]. See Stevenson B (2018), ‘Gender and Racial Diversity in Economics Textbooks’, Presentation at Gender
https://www.rba.gov.au/speeches/2018/pdf/sp-so-2018-05-26.pdf
Exchange Rate and Crises
27 Feb 2001
Speech
PDF
53KB
19961992Source: IMF International Financial Statistics. 198819841980197619721968. If all this sounds a bit textbook-ish, consider the experience of Singapore. ... We notedearlier that the textbook equilibrating forces were largely absent - as foreign
https://www.rba.gov.au/speeches/1998/pdf/sp-dg-160198.pdf
On Europe’s Effects on Australian Financial Markets
14 Feb 2012
Speech
PDF
216KB
Collateral multipliers don’t appear in standard textbooks, but they are an important construct in the world of shadow banking, where repo, collateral hypothecation etc are crucial.
https://www.rba.gov.au/speeches/2012/pdf/sp-ag-140212.pdf
US Monetary Policy and Australian Financial Conditions
10 Dec 2018
Speech
PDF
338KB
7]. I direct you to any undergraduate finance textbook for a worked example that, under simplifying assumptions,demonstrates how to exploit the basis to earn a risk-free profit.
https://www.rba.gov.au/speeches/2018/pdf/sp-ag-2018-12-10.pdf
8/30/2019 Panel participation by Philip Lowe, Governor, at the ...
30 Aug 2019
Speech
PDF
184KB
So from that viewpoint, the textbook still applies. At the same time, though,we feel that we have no autonomy when it comes to shifts in the global equilibrium real interestrate.
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-08-25.pdf
Climate Change and the Economy
13 Mar 2019
Speech
PDF
273KB
Climateevents have been good examples of supply shocks. Indeed, droughts are often the textbook exampleused to illustrate a supply shock.
https://www.rba.gov.au/speeches/2019/pdf/sp-dg-2019-03-12.pdf
Watching the Invisibles
13 Jun 2019
Speech
PDF
380KB
Graph 6. The textbooks also talk about ‘structural unemployment’ as being part of the NAIRU.
https://www.rba.gov.au/speeches/2019/pdf/sp-ag-2019-06-12-2.pdf
Monetary Policy During COVID
6 May 2021
Speech
PDF
638KB
You might recall that economics textbooks used to talk aboutmonetary policy in terms of buying and selling government bonds to control the money supply.
https://www.rba.gov.au/speeches/2021/pdf/sp-dg-2021-05-06.pdf