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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data
13 Feb 2024
RDP
PDF
1260KB
Specifically, Beckers (2020) estimates an augmented Taylor rule that includes a forecast for. ... that implied by the rule. As such, this approach removes the anticipatory component of monetary.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-01.pdf
Firms’ Price-setting Behaviour: Insights from Earnings Calls
6 Nov 2023
RDP
PDF
1677KB
Within. a Bayesian framework, these modifications are done mechanically according to Bayes’ rule. ... representations through dictionary look-up and date–time detection rules. It maps phrases such as.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-06.pdf
Consumption Behavior across the Distribution of Liquid Assets
19 Dec 2023
Research Workshop
PDF
2239KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-graham-mcdowall.pdf
Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects
19 Dec 2023
RDP
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1692KB
Doing so does not. change the results. While we are confident that we have removed all false positives, we cannot rule out the possibility. ... does not change the results (Figure I1). 12 We can’t rule out the possibility that the nature of the early
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-10.pdf
Term Structure Rules for Monetary Policy
19 Apr 2006
RDP
PDF
315KB
preferences of the monetaryauthority, policy rules of the second type produce better results than the standardTaylor-type rule. ... Any rule constrained to belong to a given set of rules cannot perform better thanthis optimal rule.
https://www.rba.gov.au/publications/rdp/2006/pdf/rdp2006-02.pdf
Endogenous Production Networks and Non-linear Monetary Transmission
19 Dec 2023
Research Workshop
PDF
2202KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-ghassibe.pdf
Doing Less, with Less: Capital Misallocation, Investment and the Productivity Slowdown in Australia
16 Mar 2023
RDP
PDF
1288KB
reflect increasing use of intangible capital, which is often poorly measured, though we can’t rule out. ... by increased use of mis-measured intangible and digital capital, though we cannot rule out that this.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-03.pdf
Macrofinancial Stress Testing on Australian Banks
13 Sep 2023
RDP
PDF
1940KB
primarily using decision rules and accounting identities that are uniformly applied to profit and. ... capital ratios. These decision rules are founded on a principal that banks will choose to maintain.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf
Monetary Policy and the Predictability of Nominal
17 Jan 2017
Research Workshop
PDF
506KB
https://www.rba.gov.au/publications/workshops/research/2016/pdf/rba-workshop-2016-eichenbaum.pdf
The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey
21 Nov 2023
RDP
PDF
2354KB
no-surcharge’ rules, thereby freeing merchants to surcharge card payments. The Reserve Bank’s. ... rules are aimed at supporting the efficiency of the payments system, by ensuring that consumers.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf