RDP 2013-01: Currency Demand during the Global Financial Crisis: Evidence from Australia References
January 2013 – ISSN 1320-7229 (Print), ISSN 1448-5109 (Online)
- Download the Paper 634KB
Amromin G and S Chakravorti (2009), ‘Whither Loose Change? The Diminishing Demand for Small-Denomination Currency’, Journal of Money, Credit and Banking, 41(2–3), pp 315–335.
Baumol WJ (1952), ‘The Transactions Demand for Cash: An Inventory Theoretic Approach’, The Quarterly Journal of Economics, 66(4), pp 545–556.
Beyer A (2009), ‘A Stable Model for Euro Area Money Demand: Revisiting the Role of Wealth’, European Central Bank Working Paper No 1111.
Bjørnland HC (2003), ‘A Stable Demand for Money Despite Financial Crisis: The Case of Venezuela’, University of Olso Department of Economics Memorandum No 12/2003.
Bloxham P, C Kent and M Robson (2010), ‘Asset Prices, Credit Growth, Monetary and Other Policies: An Australian Case Study’, RBA Research Discussion Paper No 2010-06.
Carlin P (2004), ‘Currency Note Processing and Distribution Arrangements in Australia’, Presentation at the Currency Conference, Rome, 2–5 May.
Cohen AM and WE Norton (1969), ‘Demand Equations for Money’, RBA Research Discussion Paper No 3.
de Brouwer G, I Ng and R Subbaraman (1993), ‘The Demand for Money in Australia: New Tests on an Old Topic’, RBA Research Discussion Paper No 9314.
Diamond DW and PH Dybvig (1983), ‘Bank Runs, Deposit Insurance, and Liquidity’, Journal of Political Economy, 91(3), pp 401–419.
Dodd R (2007), ‘Subprime: Tentacles of a Crisis’, Finance & Development, 44(4), pp 15–19.
Drehmann M, C Goodhart and M Krueger (2002), ‘The Challenges Facing Currency Usage: Will the Traditional Transaction Medium be Able to Resist Competition from the New Technologies?’, Economic Policy, 17(34), pp 195–227.
Edey M (2009), ‘The Evolving Financial Situation’, Presentation at the Finsia Financial Services Conference 2009 ‘The Next Horizon: Future Challenges, Opportunities and Regulatory Impacts for the Industry’, Sydney, 28 October.
Ellis L (2009), ‘The Global Financial Crisis: Causes, Consequences and Countermeasures’, Remarks to the Centre for Strategic Economic Studies ‘Emerging from the Global Storm: Growth and Climate Change Policies in Australia’ Conference, Melbourne, 15 April.
Emery D, T West, and D Massey (2008), ‘Household Payments Patterns in Australia’, in Payments System Review Conference, Proceedings of a Conference, Reserve Bank of Australia, Sydney, pp 139–176.
Felmingham B and Q Zhang (2001), ‘The Long Run Demand for Broad Money in Australia Subject to Regime Shifts’, Australian Economic Papers, 40(2), pp 146–155.
Fitz-Gibbon B and M Gizycki (2001), ‘A History of Last-Resort Lending and Other Support for Troubled Financial Institutions in Australia’, RBA Research Discussion Paper No 2001-07.
Holder RF (1970), Bank of New South Wales: A History, 2 vols, Angus and Robertson, Sydney.
Judson RA and RD Porter (2004), ‘Currency Demand by Federal Reserve Cash Office: What Do We Know?’, Journal of Economics & Business, 56(4), pp 273–285.
Kent CJ (2011), ‘Two Depressions, One Banking Collapse: Lessons from Australia’, Journal of Financial Stability, 7(3), pp 126–137.
Khamis M and AM Leone (1999), ‘Can Currency Demand be Stable Under a Financial Crisis? The Case of Mexico’, IMF Working Paper No WP/99/53.
Lim LK (1995), ‘Cointegration and an Error Correction Model of Money Demand for Australia’, Mathematics and Computers in Simulation, 39(3–4), pp 293–297.
Miyagawa S and Y Morita (2009), ‘Financial Crisis of Finland, Sweden, Norway and Japan’, Journal of the Faculty of Economics, KGU, 19(1), pp 45–77.
RBA (Reserve Bank of Australia) (2000), ‘The Impact of Y2K on Financial Markets in Australia’, RBA Bulletin, January, pp 1–4.
RBA (2008), Financial Stability Review, March.
RBA (2009a), Annual Report 2009.
RBA (2009b), Financial Stability Review, March.
RBA (2009c), ‘The RBA's Role in Processing the Fiscal Stimulus Payments’, RBA Bulletin, August, pp 1–4.
Reinhart CM and KS Rogoff (2009), This Time is Different: Eight Centuries of Financial Folly, Princeton University Press, Princeton.
Rohling TA and MW Tapley (1998), ‘Optimal Regulation of Electronic Money: Lessons from the “Free Banking” Era in Australia’, Economic Papers, 17(4), pp 7–29.
Shin HS (2009), ‘Reflections on Northern Rock: The Bank Run that Heralded the Global Financial Crisis’, The Journal of Economic Perspectives, 23(1), pp 101–119.
Stevens G, S Thorp and J Anderson (1987), ‘The Australian Demand Function for Money: Another Look at Stability’, RBA Research Discussion Paper No 8701.
Taylor JB (2008), ‘The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong,’ in A Festschrift in Honour of David Dodge's Contributions to Canadian Public Policy, Proceedings of a Conference Held by the Bank of Canada, pp 1–18.
Taylor L and D Uren (2010), Shitstorm: Inside Labor's Darkest Days, Melbourne University Press, Melbourne.
Tobin J (1956), ‘The Interest-Elasticity of Transactions Demand for Cash’, The Review of Economics and Statistics, 38(3), pp 241–247.