Research Discussion Papers 2021–2023

2023

RDP 2023-04 Can We Use High-frequency Yield Data to Better Understand the Effects of Monetary Policy and Its Communication? Yes and No!

Jonathan Hambur and Qazi Haque

RDP 2023-03 Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia

Jonathan Hambur and Dan Andrews

RDP 2023-02 Did Labour Market Concentration Lower Wages Growth Pre-COVID?

Jonathan Hambur

RDP 2023-01 The Effect of Credit Constraints on Housing Prices: (Further) Evidence from a Survey Experiment

Tom Cusbert

2022

RDP 2022-09 Estimating the Effects of Monetary Policy in Australia Using Sign-restricted Structural Vector Autoregressions

Matthew Read

RDP 2022-08 The Consequences of Low Interest Rates for the Australian Banking Sector

Anthony Brassil

RDP 2022-07 The Term Funding Facility: Has It Encouraged Business Lending?

Sharon Lai, Kevin Lane and Laura Nunn

RDP 2022-06 Do Australian Households Borrow to Keep up with the Joneses?

Kim Nguyen

RDP 2022-05 The Real Effects of Debt Covenants: Evidence from Australia

Kim Nguyen

RDP 2022-04 The Unit-effect Normalisation in Set-identified Structural Vector Autoregressions

Matthew Read

RDP 2022-03 Macrofinancial Stress Testing on Australian Banks

Nicholas Garvin, Samuel Kurian, Mike Major and David Norman

RDP 2022-02 The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases

Richard Finlay, Dmitry Titkov and Michelle Xiang

RDP 2022-01 MARTIN Gets a Bank Account: Adding a Banking Sector to the RBA's Macroeconometric Model

Anthony Brassil, Mike Major and Peter Rickards

2021

RDP 2021-11 Smells Like Animal Spirits: The Effect of Corporate Sentiment on Investment

Gianni La Cava

RDP 2021-10 The Rise in Household Liquidity

Gianni La Cava and Lydia Wang

RDP 2021-09 Is the Phillips Curve Still a Curve? Evidence from the Regions

James Bishop and Emma Greenland

RDP 2021-08 Job Loss, Subjective Expectations and Household Spending

Gabrielle Penrose and Gianni La Cava

RDP 2021-07 Macroprudential Limits on Mortgage Products: The Australian Experience

Nicholas Garvin, Alex Kearney and Corrine Rosé

RDP 2021-06 What Is Driving Participation and Diversity Trends in Economics? A Survey of High School Students

Tanya Livermore and Mike Major

RDP 2021-05 Central Bank Communication: One Size Does Not Fit All

Joan Huang and John Simon

RDP 2021-04 Monetary Policy, Equity Markets and the Information Effect

Calvin He

RDP 2021-03 Financial Conditions and Downside Risk to Economic Activity in Australia

Luke Hartigan and Michelle Wright

RDP 2021-02 Star Wars at Central Banks

Adam Gorajek, Joel Bank, Andrew Staib, Benjamin Malin and Hamish Fitchett

RDP 2021-01 The Role of Collateral in Borrowing

Nicholas Garvin, David W Hughes and José-Luis Peydró