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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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Panel Discussion on Fifty Years of Monetary Policy: What Have We Learned? | Conference – 2010
9 Feb 2010
Conferences
We have often described our approach as being ‘rule-based, but not rule-bound’. ... But the flexibility accorded by a ‘rule-based, but not rule-bound’ approach can be oriented in other directions.
https://www.rba.gov.au/publications/confs/2010/cagliarini-kent-stevens-disc.html
Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough?
27 Nov 2006
Conferences
PDF
221KB
RBA Conference Volume 2003
https://www.rba.gov.au/publications/confs/2003/pdf/bean.pdf
The Key Obstacles to Success in Economic Catching Up by China | Conference – 2016
18 Mar 2016
Conferences
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
Financial-asset Prices and Monetary Policy: Theory and Evidence | Conference – 1997
21 Jul 1997
Conferences
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
Expectations and the Neutrality of Interest Rates
27 Nov 2023
Conferences
PDF
477KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-cochrane.pdf
Monetary Policy Frameworks Away from the ELB
20 Dec 2023
Conferences
PDF
4375KB
RBA Annual Conference 2023
https://www.rba.gov.au/publications/confs/2023/pdf/rba-conference-2023-de-fiore-mojon-rees-sandri.pdf
Asset Prices, Financial Imbalances and Monetary Policy: Are Inflation Targets Enough? | Conference – 2003
18 Aug 2003
Conferences
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
It Takes More Than a Bubble to Become Japan | Conference – 2003
18 Aug 2003
Conferences
This dispute turns on the definition of a policy rule for the inflation-targeting central bank, and the information content of asset prices for inflation and output beyond factors normally considered. ... on its own terms would have led to rate increases
https://www.rba.gov.au/publications/confs/2003/posen.html
What Works Among Active Labour Market Policies: Evidence from OECD Countries' Experiences | Conference – 1998
9 Jun 1998
Conferences
Low earnings are not themselves a social event. (f) The taxes and benefits are calculated using the rules applying in Detroit, Michigan. ... Related to this, there is a growing interest in the issue of the rules used to control job-search behaviour and
https://www.rba.gov.au/publications/confs/1998/martin.html
What Caused the Decline in US Business Cycle Volatility? | Conference – 2005
11 Jul 2005
Conferences
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