RDP 2023-09: Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE Appendix C: Additional Microdata Results
December 2023
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![Figure C1: Investment Response to 100 Basis Point Monetary Policy Shock](images/figure-c1.gif)
Notes: Dots represent the point estimates of the differences in impulse responses. Bars represent 90 per cent confidence intervals.
Sources: ABS; Authors' calculations.
![Figure C2: Investment Response to 100 Basis Point Monetary Policy Shock](images/figure-c2.gif)
Notes: Dots represent the point estimates of the differences in impulse responses. Bars represent 90 per cent confidence intervals.
Sources: ABS; Authors' calculations.
![Figure C3: Investment Response to 100 Basis Point Monetary Policy Shock](images/figure-c3.gif)
Notes: Dots represent the point estimates of the differences in impulse responses. Bars represent 90 per cent confidence intervals.
Sources: ABS; Authors' calculations.
![Figure C4: Investment Response to 100 Basis Point Monetary Policy Shock](images/figure-c4.gif)
Notes: Dots represent the point estimates of the differences in impulse responses. Bars represent 90 per cent confidence intervals.
Sources: ABS; Authors' calculations.
![Figure C5: Share of Firms by Investment](images/figure-c5.gif)
Sources: ABS; Authors' calculations.
![Figure C6: Investment Response to 100 Basis Point Monetary Policy Shock](images/figure-c6.gif)
Notes: Monetary policy shock is instrumented via cash rate. Lighter shaded areas show 95 per cent confidence interval; darker show 90 per cent confidence interval.
Sources: ABS; Authors' calculations.
![Figure C7: Investment Response to 100 Basis Point Monetary Policy Shock](images/figure-c7.gif)
Notes: Monetary policy shock is defined as in Hambur and Haque (2023). Lighter shaded areas show 95 per cent confidence interval; darker show 90 per cent confidence interval.
Sources: ABS; Authors' calculations.
![Figure C8: Investment Response to 100 Basis Point Monetary Policy Shock](images/figure-c8.gif)
Notes: Non-mining. Lighter shaded areas show 95 per cent confidence interval; darker show 90 per cent confidence interval.
Sources: ABS; Authors' calculations.