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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Discussion of Inflation and Interest Rates

20 Dec 2023 Conferences PDF 150KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane-discussion.pdf

Do Monetary Policy and Economic Conditions Impact Innovation? Evidence from Australian Administrative Data

15 Feb 2024 RDP 2024-01
Omer Majeed, Jonathan Hambur and Robert Breunig
This approach is widely used in the literature (Ramey 2016). Specifically, Beckers (2020) estimates an augmented Taylor rule that includes a forecast for economic conditions and a number of indicators of ... bond spreads, option-implied volatility). The
https://www.rba.gov.au/publications/rdp/2024/2024-01/full.html
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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

Appendix

1 Feb 1991 RDP 9101
David W.R. Gruen
RDP 9101: The Effect of Steady Inflation on Interest Rates and the Real Exchange Rate in a World with Free Capital Flows Appendix. David W. R. Gruen. February 1991. Download the Paper 384. KB. There are two relevant justifications – the first
https://www.rba.gov.au/publications/rdp/1991/9101/appendix.html

A Snapshot of Inflation Targeting in its Adolescence

27 Nov 2006 Conferences PDF 283KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/kuttner.pdf

Methodology

19 Dec 2023 RDP 2023-09
In particular, Beckers (2020) estimates an augmented Taylor rule that includes forecasts for economic conditions, as well as a number of indicators of financial conditions (e.g. ... bond spreads, option-implied volatility). The shocks are then
https://www.rba.gov.au/publications/rdp/2023/2023-09/methodology.html

Monetary Policy and Inflation Targeting

21 Jul 1997 Conference – 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/

Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects

19 Dec 2023 RDP PDF 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

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

Data

21 Dec 2023 RDP 2023-10
Kim Nguyen and Jonathan Hambur
Doing so does not change the results. While we are confident that we have removed all false positives, we cannot rule out the possibility of false negatives where firms are using
https://www.rba.gov.au/publications/rdp/2023/2023-10/data.html
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