Showing 1 - 10 of 293
The paper finds that, given New Zealand's conservative approach in implementing the Basel II framework, New Zealand banks' headline capital ratios underestimate their capital strength. A comparison with Canadian, UK and Australian banks highlights the impact of New Zealand's more conservative...
Persistent link: https://www.econbiz.de/10013085973
integration is limited in Asia. This paper estimates how much Australia and other countries in the Asia-Pacific region would gain …
Persistent link: https://www.econbiz.de/10012777956
Theoretical models on the relationship between prices and exchange rates predict that the magnitude of expenditure switching affects the optimal choice of exchange rate regime. Focusing on the transmission of terms-of-trade shocks to domestic real variables we document that the magnitude of the...
Persistent link: https://www.econbiz.de/10012907952
This paper discusses the evolution of the household debt in Australia and finds that while higher-income and higher …
Persistent link: https://www.econbiz.de/10012869296
Australia. We find that fiscal transfers offset 4-11 percent of idiosyncratic shocks (risk-sharing) and 13-24 percent of …
Persistent link: https://www.econbiz.de/10012977823
This paper revisits options for fiscal anchors in Australia against the backdrop of a medium-term budget balance anchor …
Persistent link: https://www.econbiz.de/10012929922
another important aspect of the pandemic: its fallout on medium-term potential output through scarring. Taking Australia and …
Persistent link: https://www.econbiz.de/10013250089
Since the Australian dollar was floated in December 1983, the Australian central bank (Reserve Bank of Australia) has … to December 2001, this paper examines what effects, if any, foreign exchange operations by the Reserve Bank of Australia …
Persistent link: https://www.econbiz.de/10013211943
Labor markets in Australia have adjusted smoothly to significant declines in commodity priceswith little increase in …
Persistent link: https://www.econbiz.de/10012950426
China and Australia have increasingly strong links, especially through trade. These are driven by demand from China for … to a services-driven, consumer-led economy. Using ANZIMF, the Australia-New Zealand Integrated Monetary and Fiscal model … to Australia. One simple takeaway is central to each risk - while the real GDP response to shocks in Australia typically …
Persistent link: https://www.econbiz.de/10012913908