Research Discussion Papers 2021–2024

2024

RDP 2024-10 How Do Global Shocks Affect Australia?

Patrick Hendy and Benjamin Beckers

RDP 2024-09 The ‘Clean Energy Transition’ and the Cost of Job Displacement in Energy-intensive Industries

César Barreto, Jonas Fluchtmann, Alexander Hijzen, Stefano Lombardi, Patrick Bennett, Antoine Bertheau, Winnie Chan, Andrei Gorshkov, Jonathan Hambur, Nick Johnstone, Benjamin Lochner, Jordy Meekes, Tahsin Mehdi, Balázs Muraközy, Gulnara Nolan, Kjell Salvanes, Oskar Nordström Skans and Rune Vejlin

RDP 2024-08 Modelling Reserve Demand with Deposits and the Cost of Collateral

Laurence Bristow

RDP 2024-07 How Do Households Form Inflation and Wage Expectations?

Anthony Brassil, Yahdullah Haidari, Jonathan Hambur, Gulnara Nolan and Callum Ryan

RDP 2024-06 Examining the Macroeconomic Costs of Occupational Entry Regulations

Joel Bowman, Jonathan Hambur and Nathan Markovski

RDP 2024-05 Sign Restrictions and Supply-demand Decompositions of Inflation

Matthew Read

RDP 2024-04 Nowcasting Quarterly GDP Growth during the COVID-19 Crisis Using a Monthly Activity Indicator

Luke Hartigan and Tom Rosewall

RDP 2024-03 Demand in the Repo Market: Indirect Perspectives from Open Market Operations from 2006 to 2020

Chris Becker, Anny Francis, Calebe de Roure and Brendan Wilson

RDP 2024-02 Valuing Safety and Privacy in Retail Central Bank Digital Currency

Zan Fairweather, Denzil Fiebig, Adam Gorajek, Rochelle Guttmann, June Ma and Jack Mulqueeney

RDP 2024-01 Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

Omer Majeed, Jonathan Hambur and Robert Breunig

2023

RDP 2023-10 Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects

Kim Nguyen and Jonathan Hambur

RDP 2023-09 Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE

Gulnara Nolan, Jonathan Hambur and Philip Vermeulen

RDP 2023-08 The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson

RDP 2023-07 Identification and Inference under Narrative Restrictions

Raffaella Giacomini, Toru Kitagawa and Matthew Read

RDP 2023-06 Firms' Price-setting Behaviour: Insights from Earnings Calls

Callan Windsor and Max Zang

RDP 2023-05 The Impact of Interest Rates on Bank Profitability: A Retrospective Assessment Using New Cross-country Bank-level Data

Callan Windsor, Terhi Jokipii and Matthieu Bussiere

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