Search: Clearing
RBA Glossary definition for Clearing
Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.
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Introduction
6 May 2018
RDP
2018-06
Economic theory also makes no clear predictions. Although the traditional competitive model of the labour market suggests that a minimum wage rise will reduce employment – if set above the market clearing
https://www.rba.gov.au/publications/rdp/2018/2018-06/introduction.html
The Effect of Minimum Wage Increases on Wages, Hours Worked and Job Loss
1 May 2018
RDP
2018-06
Economic theory also makes no clear predictions. Although the traditional competitive model of the labour market suggests that a minimum wage rise will reduce employment – if set above the market clearing
https://www.rba.gov.au/publications/rdp/2018/2018-06/full.html