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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Financial Stability: Ten Questions and about Seven Answers | Conference – 2010

9 Feb 2010 Conferences
Jaime Caruana
One of them, I believe, is the rigour with which rules were enforced. ... Fourth, new mutual assessment processes will ensure that internationally agreed rules are enforced in all jurisdictions.
https://www.rba.gov.au/publications/confs/2010/caruana.html

Expectations and the Neutrality of Interest Rates

27 Nov 2023 Conferences PDF 477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf

Discussion of Evaluating Simple Monetary Policy: Theory and Evidence

7 Dec 2006 Conferences PDF 31KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/macklem.pdf

Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough?

27 Nov 2006 Conferences PDF 221KB
RBA Conference Volume 2003
https://www.rba.gov.au/publications/confs/2003/pdf/bean.pdf

Which Monetary-policy Regime for Australia? | Conference – 1997

21 Jul 1997 Conferences
Warwick McKibbin
Both rules should really be called the BHM rule but actually significantly predate that identification. ... or I will refer to this class of rules generically as the BHM rule.
https://www.rba.gov.au/publications/confs/1997/mckibbin.html

Designing Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Andrew G. Haldane
Such a feedback rule encapsulates quite neatly the operational practice of most inflation targeters. ... Finally, what if the transmission lag is underestimated by one period, giving a policy rule,.
https://www.rba.gov.au/publications/confs/1997/haldane.html

Overview

28 Dec 2022 Conferences PDF 402KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-overview.pdf

It Takes More Than a Bubble to Become Japan | Conference – 2003

18 Aug 2003 Conferences
Adam Posen
This dispute turns on the definition of a policy rule for the inflation-targeting central bank, and the information content of asset prices for inflation and output beyond factors normally considered. ... on its own terms would have led to rate increases
https://www.rba.gov.au/publications/confs/2003/posen.html

Financial-asset Prices and Monetary Policy: Theory and Evidence | Conference – 1997

21 Jul 1997 Conferences
Frank Smets
Recently, a number of authors have criticised the use of asset prices in feedback rules of monetary policy. ... the inflation target and. the current output gap. This target rule is a generalisation of the type of simple interest-rate rules proposed by
https://www.rba.gov.au/publications/confs/1997/smets.html

Panel Discussion on Fifty Years of Monetary Policy: What Have We Learned? | Conference – 2010

9 Feb 2010 Conferences
We have often described our approach as being ‘rule-based, but not rule-bound’. ... But the flexibility accorded by a ‘rule-based, but not rule-bound’ approach can be oriented in other directions.
https://www.rba.gov.au/publications/confs/2010/cagliarini-kent-stevens-disc.html