RDP 8703: Money Demand, Own Interest Rates and Deregulation Appendix C: Data Sources
May 1987
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M1 | = | currency plus current deposits with all trading banks; unadjusted, 3 month
average over quarter. Source: Reserve Bank of Australia Bulletin Database as at August 1986 (see Table A1 of Reserve Bank of Australia (RBA) Bulletin). |
M3 | = | currency plus bank deposits of the private non-bank sector; unadjusted, 3 month
average over quarter. Source: RBA Bulletin Database as at November 1986 (see Table A1 of RBA Bulletin). |
Broad Money | = | M3 plus borrowings from private sector by Non-Bank Financial Institutions less
the latter's holdings of currency and bank deposits; unadjusted, 3 month
average over quarter. Source: RBA Bulletin Database as at November 1986 (see Table A1 of RBA Bulletin). |
R | = | Two year Treasury Bond yield, 3 month average over quarter. Source: Bulletin Database as at August 1986 (see Table J2 of RBA Bulletin). |
RBM | = | Broad Money own rate: quarterly average of monthly weighted average of interest rates on broad money assets. |
RM3 | = | M3 own rate: quarterly monthly weighted average of interest rates on M3 assets. Notes on calculation of RBM and RM3 in Appendix D. (All interest rates normalised by dividing by 100.) |
Y | = | Gross Domestic Product, current price, unadjusted series. Source: Australian Bureau of Statistics (ABS) Quarterly Estimates, June 1986. |
P | = | Gross National Expenditure deflator. |