RDP 2013-01: Currency Demand during the Global Financial Crisis: Evidence from Australia Appendix A: Data

Tom Cusbert and Thomas Rohling

January 2013 – ISSN 1320-7229 (Print), ISSN 1448-5109 (Online)

  • ASX 200 refers to the S&P/ASX 200 stock market index, from Bloomberg.
  • ASX volatility refers to the intraday range of the ASX 200 (expressed as a percentage of the midpoint), from Bloomberg.
  • ATM data are from the Australian Payments Clearance Association (APCA) website. Quarterly data are only available from June 1994 before which only annual data are available. Quarterly estimates are obtained by straight-line interpolation.
  • Banknotes on issue by denomination refer to the value of issued banknotes outside the RBA. These data are from internal RBA sources and seasonally adjusted by the authors, but are also available from the statistical tables on the RBA website, A6 Banknotes on Issue by Denomination.
  • Broad money data are from the statistical tables on the RBA website, D3 Monetary Aggregates, series mnemonic DMABMS.
  • Business confidence refers to the NAB business confidence index available from the statistical tables on the RBA website, G8 Indicators of Spending and Confidence, series mnemonic GICNBC.
  • Consumer confidence refers to the Westpac-Melbourne Institute consumer sentiment series available from the statistical tables on the RBA website, G8 Indicators of Spending and Confidence, series mnemonic GICWMICS.
  • Currency holdings of the non-bank sector data are from the statistical tables on the RBA website, D3 Monetary Aggregates, series mnemonics DMACN and DMACS.
  • Currency on issue refers to the sum of banknotes on issue and coins on issue. Coins on issue data are from the Royal Australian Mint.
  • Deposit rate data for at-call savings and term deposits are from the statistical tables on the RBA website, F4 Retail Deposit and Investment Rates.
  • EFTPOS terminals data are from the APCA website.
  • GDP is seasonally adjusted current price GDP from Australian Bureau of Statistics (ABS) Cat No 5206.0 ‘Australian National Accounts: National Income, Expenditure and Product’, series ID A2304418T.
  • Household wealth data are available from the statistical tables on the RBA website, B20 Selected Assets and Liabilities of the Private Non-financial Sectors, series mnemonic BSPNSHUFAT.
  • Population data are from ABS Cat No 3101.0 ‘Australian Demographic Statistics’, series ID A2060842F.
  • M3 data are from the statistical tables on the RBA website, D3 Monetary Aggregates, series mnemonic DMAM3S.
  • Retail currency withdrawals data are from internal sources and seasonally adjusted by the authors.
  • Self-employment is the ratio of self-employment to total employment. It was created and seasonally adjusted by the authors using ABS Cat No 6291.0.55.001 ‘Labour Force, Australia, Detailed – Electronic Delivery’, Table 08. Specifying series ID, the formula to create the series is: (A53534F+A53537L)/A53543J.
  • RBA cash rate refers to the target cash rate series from the statistical tables on the RBA website, F1 Interest Rates and Yields – Money Market – daily, series mnemonic FIRMMCRTD.
  • TWI refers to the quarterly average of the daily trade-weighted exchange rate from the statistical tables on the RBA website.
  • VIX refers to the Chicago Board Options Exchange SPX Volatility Index, from Bloomberg.