Search: HAC Rule

Sort by: Relevance Date
11–20 of 504 search results for HAC Rule
Did you mean accrue?

RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

Search Results

Optimal Monetary Policy Rules

31 Dec 2011 RDP 2011-02
Callum Jones and Mariano Kulish
The settings of the optimised rules are similar. Figure 6 shows the loss function as we depart from the optimal value of one of the parameters in the policy rule – holding ... For some preferences long-term interest rate rules perform as well as the
https://www.rba.gov.au/publications/rdp/2011/2011-02/opt-monetary-policy-rules.html
See 11 more results from "RDP 2011-02"

Policy Rule Changes or Deviations?

1 Apr 2021 RDP 2021-04
Calvin He
However, it remains unclear whether the monetary policy surprises identified reflect deviations from a policy rule. (. ... To evaluate if the ‘surprises’ should be interpreted as policy rule changes or deviations, I test if the policy reaction
https://www.rba.gov.au/publications/rdp/2021/2021-04/policy-rule-changes-or-deviations.html
See 8 more results from "RDP 2021-04"

Choosing an Optimal Policy Rule

1 Jul 1989 RDP 8905
Malcolm L. Edey
RDP 8905: Monetary Policy Instruments: A Theoretical Analysis 3. Choosing an Optimal Policy Rule. ... A pure interest rate rule (one that is not expressible as an inverted money rule) arises in the case where ρ.
https://www.rba.gov.au/publications/rdp/1989/8905/choosing-an-optimal-policy-rule.html
See 9 more results from "RDP 8905"

Policy Rules for Open Economies

1 Dec 2009 RDP PDF 138KB
2.2 Calibration 4. 3. Efficient Instrument Rules 5. 3.1 The Variables in the Rule 5. ... 5. 3. Efficient Instrument Rules. Following Taylor (1994), the optimal policy rule is defined as the one that minimisesa weighted sum of output variance and
https://www.rba.gov.au/publications/rdp/1998/pdf/rdp9806.pdf

Does Monetary Policy Affect Non-mining Business Investment in Australia? Evidence from BLADE

7 Jan 2024 RDP PDF 1715KB
measures the shock as a deviation from a Taylor Rule, augmented with measures of financial. ... from that implied by the rule. He produces two main measures: a preferred measure that also.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-09.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
See 1 more results from "RDP 2024-01"

Introduction

31 Dec 2002 RDP 2002-05
Andrew Stone and Sharon Wardrop
A comparison of policy rules and economic outcomes points to the rule the Fed has been using in recent years as a better way to run monetary policy than the way ... Taylor's analysis appeared to provide powerful evidence in support of, if not the
https://www.rba.gov.au/publications/rdp/2002/2002-05/introduction.html
See 1 more results from "RDP 2002-05"

Appendix A: Further Details

1 Sep 1996 RDP 9603
Malcolm Edey and John Simon
The RBL rules stipulate a maximum amount of superannuation that can benefit from concessional taxation (initially $400,000, to be indexed by AWE). ... 3. 3. 15. Those industries which were subject to award superannuation continue to be bound by those
https://www.rba.gov.au/publications/rdp/1996/9603/appendix-a.html
See 5 more results from "RDP 9603"

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

13 Feb 2024 RDP PDF 1260KB
Specifically, Beckers (2020) estimates an augmented Taylor rule that includes a forecast for. ... that implied by the rule. As such, this approach removes the anticipatory component of monetary.
https://www.rba.gov.au/publications/rdp/2024/pdf/rdp2024-01.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