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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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The Debate on Alternatives for Monetary Policy in Australia

7 Dec 2006 Conferences PDF 85KB
RBA Conference Volume 1997
https://www.rba.gov.au/publications/confs/1997/pdf/edey.pdf

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
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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
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Low Wage Growth

4 Apr 2019 Conference – 2019
The Reserve Bank of Australia 2019 conference, ‘Low Wage Growth’
https://www.rba.gov.au/publications/confs/2019/

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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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

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

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

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

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