Research Discussion Papers 1981–1990

1990

RDP 9013 A Select Bibliography of Published Research by the Reserve Bank of Australia: 1969 – 1990

Suzanna Chiang and Michael Power

RDP 9012 Some Calculations on Inflation and Corporate Taxation in Australia

Heidi Willmann

RDP 9011 Inflation and Corporate Taxation in Australia

Chris Ryan

RDP 9010 Volatility of the Australian Dollar Exchange Rate

Lindsay Boulton, Mardi Dungey and Melissa Parkin

RDP 9009 An Empirical Model of Australian Interest Rates, Exchange Rates and Monetary Policy

Jerome Fahrer and Lynne-Ellen Shori

RDP 9008 Financial Deregulation and the Monetary Transmission Mechanism

Jerome Fahrer and Tom Rohling

RDP 9007 Operating Objectives for Monetary Policy

Malcolm Edey

RDP 9006 Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries

Jerome Fahrer

RDP 9005 Real Exchange Rates and Australian Export Competitiveness

Mathew Jones and Jenny Wilkinson

RDP 9004 Saving and Investment in the 1980s

Malcolm Edey and Mark Britten-Jones

RDP 9003 Balance of Payments in the 1980s

Warren Tease

RDP 9002 Public Sector Growth and the Current Account in Australia: A Longer Run Perspective

Warwick McKibbin and Steve Morling

RDP 9001 Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy

Jerome Fahrer

1989

RDP 8910 An Analysis of the Determinants of Imports

Tracey Horton and Jenny Wilkinson

RDP 8909 Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime

Jerome Fahrer

RDP 8908 Capital Flows and Exchange Rate Determination

Ian Macfarlane and Warren Tease

RDP 8907 Tax Policy and Housing Investment in Australia

Mark Britten-Jones and Warwick McKibbin

RDP 8906 A Random Walk around the $A: Expectations, Risk, Interest Rates and Consequences for External Imbalance

Jeremy Smith and David Gruen

RDP 8905 Monetary Policy Instruments: A Theoretical Analysis

Malcolm Edey

RDP 8904 Changes in the Behaviour of Banks and their Implications for Financial Aggregates

Ric Battellino and Nola McMillan

RDP 8903 The Relationship between Financial Indicators and Economic Activity: Some Further Evidence

Glenn Stevens and Susan Thorp

RDP 8902 Option Prices and Implied Volatilities: An Empirical Analysis

Malcolm Edey and Graham Elliott

RDP 8901 The World Economy from 1979 to 1988: Results from the MSG2 Model

Warwick McKibbin

1988

RDP 8813 The Fiscal Deficit and the Current Account: Twins or Distant Relatives?

Hans Genberg

RDP 8812 International Interest Rate Linkages and Monetary Policy: The Case of Australia

Ian Macfarlane

RDP 8811 Monetary Transmission in a Deregulated Financial System

Dirk Morris

RDP 8810 The Relationship between Actual Investment and Survey-based Expectations

Paul Brennan and Tania Milavec

RDP 8809 The Intertemporal Government Budget Constraint and Tests for Bubbles

Graham Elliott and Colm Kearney

RDP 8808 Consumption and Permanent Income: The Australian Case

Warwick McKibbin and Anthony Richards

RDP 8807 The Cost of Capital: Some Issues

Nigel Dews

RDP 8806 Employment, Output and Real Wages

Bill Russell and Warren Tease

RDP 8805 The Relationship Between Financial Indicators and Activity: 1968–1987

Michele Bullock, Dirk Morris and Glenn Stevens

RDP 8804 Pricing Behaviour in Australian Financial Future Markets

Malcolm Edey and Graham Elliott

RDP 8803 Do Financial Aggregates Lead Activity? A Preliminary Analysis

Michele Bullock, Glenn Stevens and Susan Thorp

RDP 8802 VAR Forecasting Models of the Australian Economy: A Preliminary Analysis

Robert Trevor and Susan Thorp

RDP 8801 Time-Consistent Policy: A Survey of the Issues

Warwick McKibbin

1987

RDP 8713 Estimating the Inflationary Effects of Depreciation

Tony Richards and Glenn Stevens

RDP 8712 Policy Analysis with the MSG2 Model

Warwick McKibbin

RDP 8711 Deviations from Purchasing Power Parity: The Australian Case

Adrian Blundell-Wignall and Marilyn Thomas

RDP 8710 Transmission of External Shocks in the RBII Model

Malcolm Edey, Elaine Kerrison and Gordon Menzies

RDP 8709 A Note on Aggregate Investment in Australia

Warwick McKibbin and Eric Siegloff

RDP 8708 Risk Effects Versus Monetary Effects in the Determination of Short-term Interest Rates

Malcolm Edey

RDP 8707 Asymmetric Information and Bid-Ask Spreads in the Eurocurrency Markets

Malcolm Edey

RDP 8706 Numerical Solution of Rational Expectations Models With and Without Strategic Behaviour

Warwick McKibbin

RDP 8705 The Economics of International Policy Coordination

Warwick McKibbin

RDP 8704 The Role and Consequences of Investment in Recent Australian Economic Growth

Jeffrey Carmichael and Nigel Dews

RDP 8703 Money Demand, Own Interest Rates and Deregulation

Adrian Blundell-Wignall and Susan Thorp

RDP 8702 Open Market Operations in Australia: A U.S. Perspective

Michael Dotsey

RDP 8701 The Australian Demand Function for Money: Another Look at Stability

Glenn Stevens, Susan Thorp and John Anderson

1986

RDP 8612 A Weekly Model of the Floating Australian Dollar

Jeffrey Sheen

RDP 8611 The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts

Jeffrey Sheen

RDP 8610 Equilibrium Exchange Rates and a Popular Model of International Asset Demands: An Inconsistency

Robert Trevor

RDP 8609 The Performance of Exchange Rate Forecasts

Philip Lowe and Robert Trevor

RDP 8608 Exchange Rate Regimes and the Volatility of Financial Prices: The Australian Case

Robert Trevor and Stephen Donald

RDP 8607 The Expectations Theory of the Term Structure and Short-Term Interest Rates in Australia

Warren Tease

RDP 8606 The Nation's Wealth: Some New Calculations for Australia

John Piggott

RDP 8605 On Some Recent Developments in Monetary Economics

Peter Jonson and Robert Rankin

RDP 8604 Leading Indexes: Do They?

Robert Trevor and Stephen Donald

RDP 8603 Risk Premia, Market Efficiency and the Exchange Rate: Some Evidence since the Float

Warren Tease

RDP 8602 Short-term Interest Rates, Weekly Money Announcements and Rational Forecasts

Robert Trevor

RDP 8601 New Classical Models and Unobserved Aggregates

Robert Trevor

1985

RDP 8502 Meeting on Monetary Issues

RDP 8501 Neoclassical Theory and Australian Business Investment: A Reappraisal

Ulrich Kohli and Chris Ryan

1984

RDP 8403 Modelling Recent Developments in Australian Asset Markets: Some Preliminary Results

Jerome Fahrer and Robert Rankin

RDP 8402 Financial Innovation Bibliography

Lindsay Boulton and Warren Tease

RDP 8401 The Equations of the RBA82 Model of the Australian Economy

Jerome Fahrer, Robert Rankin and John Taylor

1983

RDP 8303 The 1930's and the 1980's: Some Facts

Peter Jonson and Glenn Stevens

RDP 8302 Economic Forecasts and Their Assessment

Ian Macfarlane and John Hawkins

RDP 8301 Financial Innovations and Monetary Policy: A Preliminary Survey

Carolyn Moses

1982

RDP 8205 Methods of Investigating Causal Relationships between Time Series

John Anderson

RDP 8204 An Econometric Model of the Australian Trading Banks: 1974–1980

Matthew Butlin, Kim Hawtrey and Chris Ryan

RDP 8203 The Causal Relationship between Money Base and Money Supply in Australia: 1960–1979

Matthew Butlin and Chris Ryan

RDP 8202 The Market for Negotiable Certificates of Deposit in Australia: 1973–1980

Matthew Butlin and Kim Hawtrey

RDP 8201 Money, Wealth and Prices: An Empirical Analysis

Ulrich Kohli and Warwick McKibbin

1981

RDP 8105 Economy-wide Modelling: The Way Ahead

RDP 8104 External and Domestic Interactions: A Sensitivity Analysis (Further Results)

Peter Jonson, Warwick McKibbin and R.G. Trevor

RDP 8103 The Labour Market in Australia: A Review

Francis Campbell

RDP 8102 Overdraft Lending and Aggregating Demands Subject to Constraint

Matthew Butlin

RDP 8101T Overdrafts and Credit Rationing

Matthew Butlin

RDP 8101 The Effects of Seasonal Adjustment in Econometric Models

Margaret Beck