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Monetary policy implementation: changes to operating procedures

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Author Info
Anonymous (Reserve Bank of New Zealand)
Abstract

This article reproduces the document released to the financial markets on 8 February 1999, in which the Bank announced its intention to adopt an Official Cash Rate as its primary instrument for implementing monetary policy.

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File URL: http://www.rbnz.govt.nz/research/bulletin/1997_2001/1999mar62_1rbnz.pdf
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Publisher Info
Article provided by Reserve Bank of New Zealand in its journal Reserve Bank of New Zealand Bulletin.

Volume (Year): 62 (1999)
Issue (Month): (March)
Pages:
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Handle: RePEc:nzb:nzbbul:march1999:2

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  1. Leo Bonato & Robert St. Clair & Rainer Winkelmann, 1999. "Survey expectations of monetary conditions in New Zealand: determinants and implications for the transmission of policy," Reserve Bank of New Zealand Discussion Paper Series G99/6, Reserve Bank of New Zealand. [Downloadable!]
  2. Andy Brookes, 1999. "Monetary policy and the Reserve Bank balance sheet," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 62, December. [Downloadable!]
  3. Michael Woodford, 2001. "Monetary policy in the information economy," Proceedings, Federal Reserve Bank of Kansas City, pages 297-370. [Downloadable!]
    Other versions:
  4. Ian Nield, 2006. "Changes to liquidity management regime," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 69, pages 6p, December. [Downloadable!]
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