Search: HAC Rule
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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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Discussion on Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
All the rules are constrained to be backward-looking, by which I mean they do not include any expected future values of the variables in the rule. ... an explicit open-economy dimension in the monetary rule; and the potential for forward-looking rules to
https://www.rba.gov.au/publications/confs/1997/macklem.html
Evaluating Simple Monetary-policy Rules for Australia | Conference – 1997
21 Jul 1997
Conferences
Consistent with Ball's (1997) model, nominal-income rules are relatively inefficient, with the efficient frontier lying outside the Taylor-rule frontier. ... Recall that the Taylor-rule frontier in Figure 1 shows outcomes from the efficient Taylor rules.
https://www.rba.gov.au/publications/confs/1997/de-brouwer-oregan.html
Monetary Targeting: The International Experience | Conference – 1989
20 Jun 1989
Conferences
Sargent (1979), in his widely-used textbook, provided a somewhat extreme summing up of the problems associated with interest rate rules, concluding (p 362) “there is no interest rate rule that ... rule. One of the advantages claimed for the use of
https://www.rba.gov.au/publications/confs/1989/edey.html
Inflation
29 Nov 2023
Conferences
Conference 2023
Papers and presentations presented at Reserve Bank of Australia 2023 Conference
https://www.rba.gov.au/publications/confs/2023/
Money and Finance | Conference – 1990
21 Jun 1990
Conferences
The arguments for fixed monetary rules, conditional rules, or discretion are discussed in 5(a). ... Section 5(d) considers the possibility of contingent rules and surveys some recent results.
https://www.rba.gov.au/publications/confs/1990/milbourne.html
A Factor Model Analysis of the Effects of Inflation Targeting on the Australian Economy | Conference – 2018
12 Apr 2018
Conferences
RBA Annual Conference – 2018 A Factor Model Analysis of the Effects of Inflation Targeting on the Australian EconomyLuke Hartigan and James Morley. 1.6. MB. A quick look at the data in Figure 1 makes it clear that the introduction of inflation
https://www.rba.gov.au/publications/confs/2018/hartigan-morley.html
The Causes, Challenges and Consequences of the Low Interest Rate Environment
30 Dec 2022
Conferences
Conference 2022
Papers and presentations presented at Reserve Bank of Australia 2022 Conference
https://www.rba.gov.au/publications/confs/2022/
Twenty-five Years of Inflation Targeting in Australia: Are There Better Alternatives for the Next Twenty-five Years? | Conference – 2018
12 Apr 2018
Conferences
A policy rule targeting a specific level of nominal income can be expressed as:. ... There are a number of additional considerations regarding the form of nominal income rules.
https://www.rba.gov.au/publications/confs/2018/mckibbin-panton.html
Low Wage Growth
4 Apr 2019
Conference
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2019
The Reserve Bank of Australia 2019 conference, ‘Low Wage Growth’
https://www.rba.gov.au/publications/confs/2019/
Monetary Policy and Inflation Targeting
21 Jul 1997
Conference
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1997
The Reserve Bank of Australia 1997 conference is on the topic: ‘Monetary Policy and Inflation Targetinge’
https://www.rba.gov.au/publications/confs/1997/