Search: Clearing

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1–4 of 4 collapsed search results for Clearing

RBA Glossary definition for Clearing

Clearing – The process of transmitting, reconciling and in some cases confirming payment instructions prior to settlement; it may include netting of instructions and the calculation of final positions for settlement.

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The Market-Clearing Model

1 May 1990 RDP 9001
Jerome Fahrer
The Market-Clearing Model. Jerome Fahrer. May 1990.
https://www.rba.gov.au/publications/rdp/1990/9001/market-clearing-model.html

Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy

1 May 1990 RDP 9001
Jerome Fahrer
https://www.rba.gov.au/publications/rdp/1990/9001/

Welfare and Policy

1 May 1990 RDP 9001
Jerome Fahrer
g. = 0. Appropriate amounts of public expenditure on foreign goods alone will lead to a replication of the market-clearing real exchange rate. ... The market-clearing current account will not be replicated, but this in itself has no welfare implications.
https://www.rba.gov.au/publications/rdp/1990/9001/welfare-and-policy.html

The Sticky Real Exchange Rate Model

1 May 1990 RDP 9001
Jerome Fahrer
See e.g. Dornbusch 1989.). In this section I relax the market-clearing assumptions of section 2. ... Note that the market-clearing condition d d. = 0 is retained in deriving equation (18).
https://www.rba.gov.au/publications/rdp/1990/9001/sticky-real-exchange-rate-model.html