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.
Search Results
Financial Stability: Ten Questions and about Seven Answers | Conference – 2010
9 Feb 2010
Conferences
Here, too, there has been progress. While capital requirements can keep institutions strong, financial stability depends on market structure and its plumbing, namely clearing and settlements.
https://www.rba.gov.au/publications/confs/2010/caruana.html
Policy Panel | Conference – 2013
19 Aug 2013
Conferences
On OTC reforms, it is also worth mentioning that there is a bias towards standardised derivatives, which go through central clearing and have a lower capital requirement as a result. ... He gave the example of the central clearing of interest rate swaps,
https://www.rba.gov.au/publications/confs/2013/policy-panel-2013.html
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
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
Discussion on The Unfolding Turmoil of 2007–2008: Lessons and Responses | Conference – 2008
20 Aug 2007
Conferences
What could be done to fix this? Often discussed – including by Ben and Eli – is the value of organising centralised clearing, thereby significantly lowering counterparty risks. ... They are enthusiastically pushing for centralised clearing in order
https://www.rba.gov.au/publications/confs/2008/cohen-remolona-disc.html
Discussion on Industrial Relations Reform and Labour Market Outcomes: A Comparison of Australia, New Zealand and the United Kingdom |…
9 Jun 1998
Conferences
The first is that a combination of union monopoly power and government intervention, such as minimum wages and the provision of welfare benefits, has raised real wages above the market-clearing
https://www.rba.gov.au/publications/confs/1998/quiggin-disc.html
Summaries of the Papers | Conference – 1998
9 Jun 1998
Conferences
The existence of this curve reflects non-market-clearing aspects of the labour market, such as inflexible institutional arrangements, nominal rigidities or efficiency wage effects.
https://www.rba.gov.au/publications/confs/1998/summaries-98.html
Monetary Targeting: The International Experience | Conference – 1989
20 Jun 1989
Conferences
All variables are measured as deviations from steady state values. It is assumed that output supply is fixed, so that the market clearing condition y. ... Using the market clearing condition that y. t. = 0, the output variable can be eliminated from
https://www.rba.gov.au/publications/confs/1989/edey.html
Discussion on Central Bank Liquidity Provision and Core Funding Markets | Conference – 2013
19 Aug 2013
Conferences
Elevated spreads may still be consistent with the market clearing, and the case for intervention might involve a more subjective assessment.
https://www.rba.gov.au/publications/confs/2013/johnson-santor-disc.html