An edition of Monetary arrangements for New Zealand
(2001)
Monetary arrangements for New Zealand
by Peter R. Hartley
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Subjects
Financial institutions, Money, Monetary policyPlaces
New Zealand| Edition | Availability |
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1
Monetary arrangements for New Zealand
2001, New Zealand Business Roundtable
in English
1877148687 9781877148682
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Book Details
Table of Contents
Machine generated contents note: List of Figures iv
About the authorv
Acknowledgements vi
1 Introduction and overview 1
1.1 Abandoning the New Zealand dollar 2
1.2 Government review of monetary policy 4
1.3 What, if anything should be done? 7
2 Conduct of policy under current arrangements 9
2.1 Inflation as a policy concern 10
2.2 Short-run real effects, and long lags 17
2.3 Strict and flexible inflation targeting 21
2.4 New approaches to monetary policy? 36
3 Alternative monetary arrangements 39
3.1 Monetary policy and globalisation 39
3.2 Monetary union 42
3.3 Dollarisation or a currency board as long-run goals 50
3.4 Competitive base money supply 57
4 Conclusion 65
5 Appendix: Monetary policy and the economy 69
5.1 What can the Reserve Bank control? 69
5.2 Money, real interest rates and output 73
5.3 Inflation and interest rates in an open economy 96
6 References 113.
Edition Notes
Includes bibliographical references (p. 113-114).
"May 2001."
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| February 3, 2010 | Edited by WorkBot | add more information to works |
| December 9, 2009 | Created by WorkBot | add works page |