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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Designing Inflation Targets | Conference – 1997

21 Jul 1997 Conferences
Andrew G. Haldane
Such a feedback rule encapsulates quite neatly the operational practice of most inflation targeters. ... Finally, what if the transmission lag is underestimated by one period, giving a policy rule,.
https://www.rba.gov.au/publications/confs/1997/haldane.html

What Caused the Decline in US Business Cycle Volatility? | Conference – 2005

11 Jul 2005 Conferences
Robert J Gordon
of policy as the response coefficients in a Taylor rule monetary policy reaction function. ... We show that previous estimates of Taylor rule reaction functions are plagued by serial correlation.
https://www.rba.gov.au/publications/confs/2005/gordon.html

Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? | Conference – 2003

18 Aug 2003 Conferences
Charles Bean
Two general classes of simple rules are employed. Either an augmented Taylor rule:. ... One might then go on to consider whether particular simple rules represent sufficiently close approximations to the optimal rule to be useful guideposts for policy.
https://www.rba.gov.au/publications/confs/2003/bean.html

Financial-asset Prices and Monetary Policy: Theory and Evidence | Conference – 1997

21 Jul 1997 Conferences
Frank Smets
Recently, a number of authors have criticised the use of asset prices in feedback rules of monetary policy. ... the inflation target and. the current output gap. This target rule is a generalisation of the type of simple interest-rate rules proposed by
https://www.rba.gov.au/publications/confs/1997/smets.html

4 August 2020 | Minutes of the Monetary Policy Meeting of the Board

18 Aug 2020 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 August 2020
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2020/2020-08-04.html

The Green Metamorphosis of a Small Open Economy

19 Dec 2023 Research Workshop PDF 1260KB
RBA Workshop 2023
https://www.rba.gov.au/publications/workshops/research/2023/pdf/rba-workshop-2023-airaudo-pappa-seoane.pdf

The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016

18 Mar 2016 Conferences
Wing Thye Woo
But if the downward trend of 2011–18 were to continue instead of stabilising at 6 per cent from 2018 onward, could one rule out the scenario that China's growth ... distribution) and good governance (rule of law) are both necessary to ensure the
https://www.rba.gov.au/publications/confs/2016/woo.html

Business Cycle Implications of Internal Consumption Habit for New Keynesian Models

2 Dec 2008 Research Workshop PDF 440KB
Reserve Bank of Australia Workshop 2008: Monetary Policy in Open Economies
https://www.rba.gov.au/publications/workshops/research/2008/nason.pdf

4 September 2012 | Minutes of the Monetary Policy Meeting of the Board

18 Sep 2012 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 September 2012
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2012/04092012.html

Job Displacement and Trasferability of Human Capital

30 May 2022 Research Workshop PDF 464KB
RBA Workshop 2022
https://www.rba.gov.au/publications/workshops/research/2022/pdf/rba-workshop-2022-presentation-dechter.pdf