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RBA Glossary definition for HAC Rule

HAC Rule – Honour All Cards Rule

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Monetary Policy and Inflation Targeting

21 Jul 1997 Conference – 1997
The Reserve Bank of Australia 1997 conference is on the topic: ‘Monetary Policy and Inflation Targetinge’
https://www.rba.gov.au/publications/confs/1997/

Adoption of Emerging Digital General-purpose Technologies: Determinants and Effects

19 Dec 2023 RDP PDF 1692KB
Doing so does not. change the results. While we are confident that we have removed all false positives, we cannot rule out the possibility. ... does not change the results (Figure I1). 12 We can’t rule out the possibility that the nature of the early
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-10.pdf

Existing Measures of Tradeable Capacity

1 May 1994 RDP 9401
Jacqueline Dwyer and Christine Groeger
From this review, two main approaches to the allocation of resources emerge: the “rule of thumb” approach and the propensities approach. ... The rule of thumb approach is, however, impressionistic. Without actual knowledge about the extent to which
https://www.rba.gov.au/publications/rdp/1994/9401/existing-measures-tradeable.html
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Measuring Tense

11 Sep 2023 RDP 2023-06
Callan Windsor and Max Zang
Because of this, we trial two approaches: a rule-based tense tagging method and a zero-shot text classifier approach. ... The tagger can recognise a wide range of temporal representations through dictionary look-up and date–time detection rules.
https://www.rba.gov.au/publications/rdp/2023/2023-06/measuring-tense.html
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Data

21 Dec 2023 RDP 2023-10
Kim Nguyen and Jonathan Hambur
Doing so does not change the results. While we are confident that we have removed all false positives, we cannot rule out the possibility of false negatives where firms are using
https://www.rba.gov.au/publications/rdp/2023/2023-10/data.html
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A Snapshot of Inflation Targeting in its Adolescence

27 Nov 2006 Conferences PDF 283KB
RBA Conference Volume 2004
https://www.rba.gov.au/publications/confs/2004/pdf/kuttner.pdf

Macrofinancial Stress Testing on Australian Banks

20 Sep 2022 RDP 2022-03
Nicholas Garvin, Samuel Kurian, Mike Major and David Norman
The model projects how economic shocks may influence a bank's profitability, dividends, loan growth and capital position, primarily using decision rules and accounting identities that are uniformly applied to profit
https://www.rba.gov.au/publications/rdp/2022/2022-03.html
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Policy Issues

31 Dec 2006 RDP 2006-12
Luci Ellis
Old rules of thumb about individual mortgages have likewise been rendered obsolete.
https://www.rba.gov.au/publications/rdp/2006/2006-12/policy-issues.html

The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
The Reserve Bank first enacted rules in 2003 to require card schemes to remove their ‘no-surcharge’ rules, thereby freeing merchants to surcharge card payments. ... First, a default network can be set by the issuer of the card, and this might be
https://www.rba.gov.au/publications/rdp/2023/2023-08/full.html
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Macrofinancial Stress Testing on Australian Banks

13 Sep 2023 RDP PDF 1940KB
primarily using decision rules and accounting identities that are uniformly applied to profit and. ... capital ratios. These decision rules are founded on a principal that banks will choose to maintain.
https://www.rba.gov.au/publications/rdp/2022/pdf/rdp2022-03.pdf