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
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Appendix A: Deriving the IS Equation
23 Sep 2008
RDP
2008-04
From Equations (A6) and (A7), and using the market-clearing condition. , yields their Equation (27):.
https://www.rba.gov.au/publications/rdp/2008/2008-04/appendix-a.html
The Model
11 Jun 2008
RDP
2008-03
Complete international securities markets together with market clearing, imply the following relationship between the terms of trade, s.
https://www.rba.gov.au/publications/rdp/2008/2008-03/model.html
References
31 Dec 2014
RDP
2014-14
Econometrica. , 77(2), pp 363–402. APCA (Australian Payments Clearing Association) (2012), ‘The Decline of Cheques: Building a Bridge to the Digital Economy’, Final Report on the APCA Public Consultation ‘The ... Reserve Bank of Australia, Sydney.
https://www.rba.gov.au/publications/rdp/2014/2014-14/references.html
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Literature Review
31 Dec 2012
RDP
2012-05
payments. Bedford et al simulate operational disruptions in the UK RTGS system, Clearing House Automated Payment System (CHAPS), while Schmitz and Puhr (2007), Andersen and Madsen (2009), Glaser and Haene (2009)
https://www.rba.gov.au/publications/rdp/2012/2012-05/literature-review.html
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European Unemployment: Why is it So High and What Should be Done About it? | Conference – 1998
9 Jun 1998
Conferences
The implication of this argument, that wages are approximately market-clearing in response to shocks, leaves open the question why there are such large and apparently stable differences between the unemployment
https://www.rba.gov.au/publications/confs/1998/jackman.html
The Exchange Rate and Macroeconomic Policy in Australia | Conference – 1993
12 Jul 1993
Conferences
Adding further complications such as non-static exchange rate expectations and the absence of market clearing for non-traded goods and labour need not necessarily affect this result.
https://www.rba.gov.au/publications/confs/1993/pitchford.html
References
31 Dec 2012
RDP
2012-06
CPSS (Committee on Payment and Settlement Systems) (2012),. Statistics on Payment, Clearing and Settlement Systems in the CPSS Countries: Figures for 2010. ,
https://www.rba.gov.au/publications/rdp/2012/2012-06/references.html
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Developments in the Business of Banking | Conference – 1996
9 Jul 1996
Conferences
Banks' access to the centralised clearing system, allowing for the settlement of all payments, and their exclusive ability to be able to offer cheque accounts (which once were virtually the only ... For a payments system to operate effectively there must
https://www.rba.gov.au/publications/confs/1996/joss.html
The Model
21 Dec 2009
RDP
2009-08
Profit maximisation then implies that:. Equilibrium of the two-country world economy entails market clearing for the world market of the fixed asset, as well as each country's debt market. ... The full equilibrium is then described by Equations (2)–(6)
https://www.rba.gov.au/publications/rdp/2009/2009-08/model.html