Search: HAC Rule
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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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Regulating the New Financial Markets | Conference – 1996
9 Jul 1996
Conferences
In London, the rules of the Stock Exchange were amended in 1986 to allow acquisition of member firms by outsiders, including banks. ... It would still be necessary to decide whose rules were to apply to which institutions.
https://www.rba.gov.au/publications/confs/1996/dale.html
On the Economics of Committed Liquidity Facilities | Conference – 2013
19 Aug 2013
Conferences
Our discussion is based on the revised rules issued in January 2013 (BCBS 2013). ... markets clear, that is. CLF rights are priced according to the central bank's rule,.
https://www.rba.gov.au/publications/confs/2013/bech-keister.html
Strategies for Controlling Inflation | Conference – 1997
21 Jul 1997
Conferences
If policy can be bound by a rule that prevents policy-makers from playing this game, then the time-inconsistency problem can be avoided. ... As pointed out in Bernanke and Mishkin (1992), no monetary-targeting central bank has ever adhered to strict,
https://www.rba.gov.au/publications/confs/1997/mishkin.html
What Have We Learned in the Past 50 Years about the International Financial Architecture? | Conference – 2010
9 Feb 2010
Conferences
And the International Monetary Fund (IMF) established rules for a managed international monetary system. ... In the late 1960s, the rules of the game were telling the United States that it should restrain domestic demand.
https://www.rba.gov.au/publications/confs/2010/crockett.html
Some Principles of Financial Regulation: Lessons from the United States | Conference – 1991
21 Jun 1991
Conferences
The rules as such, actual practice, and enforcement are all subject to change. ... We allow markets to make some of the decisions, subject to rules and constraints.
https://www.rba.gov.au/publications/confs/1991/wojnilower.html
Monetary and Macroprudential Policies: The Case for a Separation of Powers | Conference – 2018
12 Apr 2018
Conferences
Much of this involved the rules for individual institutions, most obviously minimum levels of capital for banks.
https://www.rba.gov.au/publications/confs/2018/broadbent.html
Discussion on A Perspective | Conference – 1992
10 Jul 1992
Conferences
The rules versus discretion debate was not clear cut, and could never be.
https://www.rba.gov.au/publications/confs/1992/corden-disc.html
Trade, Multinationals and Labour | Conference – 1994
11 Jul 1994
Conferences
RBA Annual Conference – 1994 Trade, Multinationals and Labour Robert Z. 1. Introduction. The theory of international trade suggests that free trade will raise national income. It does not, however, suggest that the incomes of all factors of
https://www.rba.gov.au/publications/confs/1994/lawrence.html
Apocalypse Then: The Evolution of the North Atlantic Economy and the Global Crisis | Conference – 2011
16 Aug 2011
Conferences
rule. As growth spillovers are small, there is little knock-on to monetary policy rates and bond yields. ... References. Alessandri P and AG Haldane (2009), ‘Banking on the State’, Presentation delivered at the Federal Reserve Bank of Chicago Twelfth
https://www.rba.gov.au/publications/confs/2011/bayoumi-bui.html
The Role of the Exchange Rate in Monetary Policy – the Experience of Other Countries | Conference – 1993
12 Jul 1993
Conferences
Artis and Taylor (1993a) have expressed this problem in analytical terms, simulated it on historical data and derived some ‘rule of thumb’ adjustments that can be made to take care of ... This deliberately ‘rules out’ the use of discretion by
https://www.rba.gov.au/publications/confs/1993/artis.html