Researcher Profiles Richard Finlay

Richard Finlay

Domestic Markets Department (on extended leave)

Current research interests: financial markets, mathematical statistics

Contact: finlayr@rba.gov.au

Richard currently works in the Domestic Markets dealing room. He holds a PhD in mathematical statistics from the University of Sydney, and a PhD in Economics from the University of NSW.

Academic publications

  • Finlay R, D Titkov and M Xiang (2023) ‘The Yield and Market Function Effects of the Reserve Bank of Australia's Bond Purchases’
    Economic Record, 99(326), pp 359–384.
    Also released as RBA Research Discussion Paper No 2022-02.
  • Finlay R, A Staib and M Wakefield (2020) ‘Where's the Money‽ An Investigation into the Whereabouts and Uses of Australian Banknotes’ Australia Economic Review, 53(1), pp 22–34.
    Also released as RBA Research Discussion Paper No 2018-12.
  • Finlay R, E Seneta (2017) ‘A Scalar-valued Infinitely Divisible Random Field with Pólya Autocorrelation’ Statistics and Probability Letters, 122, pp 141–146.
  • Finlay R and F Price (2015) ‘Household Saving in Australia’ The B.E. Journal of Macroeconomics, 15(2), pp 677–704.
    Also released as RBA Research Discussion Paper No 2014-03.
  • Rees D, D Lancaster and R Finlay (2015) ‘A State-space Approach to Australian Gross Domestic Product Measurement’ Australia Economic Review, 48(2), pp 133–149.
    Also released as RBA Research Discussion Paper No 2014-12.
  • Windsor C, J Jääskelä and R Finlay (2015) ‘Housing Wealth Effects: Evidence from an Australian Panel’ Economica, 82(327), pp 552–577.
  • Finlay R and J Jääskelä (2014) ‘Credit Supply Shocks and the Global Financial Crisis in Three Small Open Economies’ Journal of Macroeconomics, 40, pp 270–276.
  • Finlay R and E Seneta (2014) ‘Random Fields with Pólya Correlation Structure’ Journal of Applied Probability, 51(4), pp 1,037–1,050.
  • Finlay R and S Wende (2012) ‘Estimating Inflation Expectations with a Limited Number of Inflation-Indexed Bonds’ International Journal of Central Banking, 8(2), pp 111–142.
    Also released as RBA Research Discussion Paper No 2011-01.
  • Finlay R and E Seneta (2012) ‘A Generalized Hyperbolic Model for a Risky Asset with Dependence’ Statistics and Probability Letters, 82(12), pp 2,164–2,169.
  • Finlay R, E Seneta and D Wang (2012) ‘An Inverse Gamma Activity Time Process with Noninteger Parameters and a Self-Similar Limit’ Journal of Applied Probability, 49(2), pp 441–450.
  • Finlay R and C Jones (2011) ‘Time-Varying Term Premia and the Expectations Hypothesis in Australia’ Applied Economics Letters, 18(2), pp 133–136.
  • Finlay R, T Fung and E Seneta (2011) ‘Autocorrelation Functions’ International Statistical Review, 79(2), pp 255–271.
  • Finlay R and M Chambers (2009) ‘A Term Structure Decomposition of the Australian Yield Curve’ Economic Record, 85(271), pp 383–400
    Also released as RBA Research Discussion Paper No 2008-09.
  • Finlay R and E Seneta (2008) ‘Option Pricing with VG–like Models’ International Journal of Theoretical and Applied Finance, 11(8), pp 943–955.
  • Finlay R and E Seneta (2008) ‘Stationary-Increment Variance-Gamma and T Models: Simulation and Parameter Estimation’ International Statistical Review, 76(2), pp 167–186.
  • Finlay R and E Seneta (2007) ‘A Gamma Activity Time Process with Noninteger Parameter and Self-Similar Limit’ Journal of Applied Probability, 44(4), pp 950–959.
  • Finlay R and E Seneta (2006) ‘Stationary-Increment Student and Variance-Gamma Processes’ Journal of Applied Probability, 43(2), pp 441–453.

Other Research Papers

Policy Publications