IDEAS home Printed from https://ideas.repec.org/a/rba/rbabul/sep2017-05.html
   My bibliography  Save this article

Structural Liquidity and Domestic Market Operations

Author

Listed:
  • Benn Robertson

    (Reserve Bank of Australia)

Abstract

The Reserve Bank is a net supplier of liquidity to the Australian financial system. This reflects demand for the Reserve Bank’s liabilities from its customers, as well as the asset allocation decisions of the Reserve Bank. The key drivers of variations in the amount of liquidity supplied by the Reserve Bank have been fluctuations in government deposits and the demand for banknotes. The Reserve Bank meets the demand for liquidity through its domestic market operations.

Suggested Citation

  • Benn Robertson, 2017. "Structural Liquidity and Domestic Market Operations," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 35-44, September.
    • Handle: RePEc:rba:rbabul:sep2017-05
    as

    Download full text from publisher

    File URL: https://www.rba.gov.au/publications/bulletin/2017/sep/pdf/bu-0917-5-structural-liquidity-and-domestic-market-operations.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Garreth Rule, 2015. "Understanding the central bank balance sheet," Handbooks, Centre for Central Banking Studies, Bank of England, number 32, April.
    2. Tom Cusbert & Thomas Rohling, 2013. "Currency Demand during the Global Financial Crisis: Evidence from Australia," RBA Research Discussion Papers rdp2013-01, Reserve Bank of Australia.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. George Pantelopoulos, 2021. "Can Central Banks circumvent the impossible trinity within their operational frameworks? Theory and evidence," The World Economy, Wiley Blackwell, vol. 44(7), pages 2041-2075, July.
    2. George Pantelopoulos, 2021. "Exogenous and endogenous sterilisation under managed exchange rates," Review of International Economics, Wiley Blackwell, vol. 29(4), pages 756-779, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Stein, Julian Alexander Cornelius & Braun, Dieter, 2019. "Stability of a time-homogeneous system of money and antimoney in an agent-based random economy," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 520(C), pages 232-249.
    2. Sarah Bell & Jon Frost & Boris Hofmann & Damiano Sandri & Hyun Song Shin, 2024. "Central bank capital and trust in money: lessons from history for the digital age," BIS Papers, Bank for International Settlements, number 146.
    3. Alberto Cardaci & Francesco Saraceno, 2015. "Inequality, Financialisation and economic crises : an agent-based model," SciencePo Working papers Main hal-03470036, HAL.
    4. Edward Kim & Terence Turton, 2014. "The Next Generation Banknote Project," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 1-12, March.
    5. Ramírez, Juan & Vásquez, José & Pereda, Javier, 2015. "Determinants of the Demand for Cash in Peru: A Non Linear Approach," Working Papers 2015-006, Banco Central de Reserva del Perú.
    6. Akhand Akhtar Hossain, 2015. "The Evolution of Central Banking and Monetary Policy in the Asia-Pacific," Books, Edward Elgar Publishing, number 14611.
    7. George Pantelopoulos, 2021. "Exogenous and endogenous sterilisation under managed exchange rates," Review of International Economics, Wiley Blackwell, vol. 29(4), pages 756-779, September.
    8. Cassie Davies & Mary-Alice Doyle & Chay Fisher & Samual Nightingale, 2016. "The Future of Cash," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 43-52, December.
    9. Mariam El Hamiani Khatat, 2018. "Monetary Policy and Models of Currency Demand," IMF Working Papers 2018/028, International Monetary Fund.
    10. Rua, António, 2018. "Modelling currency demand in a small open economy within a monetary union," Economic Modelling, Elsevier, vol. 74(C), pages 88-96.
    11. Camila Figueroa & Michael Pedersen, 2017. "Forecasting Demand for Denominations of Chilean Coins and Banknotes," Working Papers Central Bank of Chile 799, Central Bank of Chile.
    12. Alberto CARDACI & Francesco SARACENO, 2015. "Inequality, Financialisation and Economic Crises: An Agent-Based Macro Model," Departmental Working Papers 2015-21, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    13. Alberto Cardaci & Francesco Saraceno, 2017. "Inequality and Imbalances: a Monetary Union Agent-Based Model," Working Papers hal-03455341, HAL.
    14. Alberto Cardaci & Francesco Saraceno, 2015. "Inequality, Financialisation and Economic Crisis : an Agent-Based Model," Documents de Travail de l'OFCE 2015-27, Observatoire Francais des Conjonctures Economiques (OFCE).
    15. Gordon Flannigan & Andrew Staib, 2017. "The Growing Demand for Cash," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 63-74, September.
    16. Alberto Cardaci & Francesco Saraceno, 2019. "Inequality and imbalances: a monetary union agent-based model," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 853-890, July.
    17. Wang, Tianxi, 2021. "Government Bonds, Bank Liquidity and Non-Neutrality of Monetary Policy in the Steady," Economics Discussion Papers 29502, University of Essex, Department of Economics.
    18. Ramírez, Juan & Vásquez, José, 2014. "Circulante y PBI en el Perú," Revista Moneda, Banco Central de Reserva del Perú, issue 158, pages 11-15.
    19. Hanna Armelius & Carl Andreas Claussen & André Reslow, 2022. "Withering Cash: Is Sweden Ahead of the Curve or Just Special?," International Journal of Central Banking, International Journal of Central Banking, vol. 18(4), pages 1-52, October.
    20. Ragnheiður Jónsdóttir, 2019. "The Central Bank of Iceland's liquidity management system," Economics wp79, Department of Economics, Central bank of Iceland.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rba:rbabul:sep2017-05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Paula Drew (email available below). General contact details of provider: https://edirc.repec.org/data/rbagvau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.