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The New Zealand approach to central bank autonomy

Author

Listed:
  • Michele Lloyd

    (Reserve Bank of New Zealand)

Abstract

This article explains the rationale behind the monetary policy arrangements established by the Reserve Bank of New Zealand Act 1989.

Suggested Citation

  • Michele Lloyd, 1992. "The New Zealand approach to central bank autonomy," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 55, Septemebe.
  • Handle: RePEc:nzb:nzbbul:september1992:1
    as

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    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/1992/1992sep55-3Lloyd.pdf
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    Citations

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    Cited by:

    1. Christina D. Romer & David H. Romer, 1997. "Institutions for Monetary Stability," NBER Chapters, in: Reducing Inflation: Motivation and Strategy, pages 307-334, National Bureau of Economic Research, Inc.
    2. S. Eijffinger & M. Van Keulen, 1995. "Central bank independence in another eleven countries," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 48(192), pages 39-81.
    3. Leonardo Leiderman & Nissan Liviatan & Alfredo Thorne, 1995. "Shifting Nominal Anchors: The Experience of Mexico," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(2), pages 197-237, July-Dece.
    4. Frederic S. Mishkin & Adam S. Posen, 1997. "Inflation targeting: lessons from four countries," Economic Policy Review, Federal Reserve Bank of New York, vol. 3(Aug), pages 9-110.
    5. Eric M. Leeper, 2009. "Anchoring fiscal expectations," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 72, pages 17-42, September.
    6. Stephen Kirchner, 1995. "Central Bank Independence and Accountability: The New Zealand Case," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 2(2), pages 169-180.

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