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RBA Glossary definition for HAC Rule
HAC Rule – Honour All Cards Rule
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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
Discussion of Evaluating Simple Monetary Policy: Theory and Evidence
7 Dec 2006
Conferences
PDF
31KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/macklem.pdf
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
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
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
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
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
Overview
28 Dec 2022
Conferences
PDF
402KB
RBA Annual Conference 2022
https://www.rba.gov.au/publications/confs/2022/pdf/rba-conference-2022-overview.pdf
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
The Economics of Shadow Banking | Conference – 2013
19 Aug 2013
Conferences
Authorities may have to depart from widely accepted minimal cost rules in debt management (Garbade 2007). ... Prevailing legal rules, such as the ‘safe harbour’ provision, allow some QFCs to be exempt from ‘automatic stay’ during bankruptcy, i.e.
https://www.rba.gov.au/publications/confs/2013/singh.html