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The Evolution of Monetary Policy: From Money Targets to Inflation Targets

In: Monetary Policy and Inflation Targeting

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  • Stephen Grenville

    (Reserve Bank of Australia)

Abstract

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Suggested Citation

  • Stephen Grenville, 1997. "The Evolution of Monetary Policy: From Money Targets to Inflation Targets," RBA Annual Conference Volume (Discontinued), in: Philip Lowe (ed.),Monetary Policy and Inflation Targeting, Reserve Bank of Australia.
    • Handle: RePEc:rba:rbaacv:acv1997-08
    as

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    File URL: https://www.rba.gov.au/publications/confs/1997/pdf/grenville.pdf
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    References listed on IDEAS

    as
    1. Corden, W M, 1989. "Australian Macroeconomic Policy Experience," The Economic Record, The Economic Society of Australia, vol. 65(189), pages 152-164, June.
    2. Guy Debelle & Glenn Stevens, 1995. "Monetary Policy Goals for Inflation in Australia," RBA Research Discussion Papers rdp9503, Reserve Bank of Australia.
    3. Alex Cukierman, 1992. "Central Bank Strategy, Credibility, and Independence: Theory and Evidence," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262031981, December.
    4. Bernie Fraser, 1992. "Two Perspectives On Monetary Policy," Economic Papers, The Economic Society of Australia, vol. 11(4), pages 19-29, December.
    5. Friedman, Benjamin M, 1988. "Lessons on Monetary Policy from the 1980s," Journal of Economic Perspectives, American Economic Association, vol. 2(3), pages 51-72, Summer.
    6. Stephen Grenville, 1996. "Recent Developments in Monetary Policy: Australia and Abroad," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 29(1), pages 29-39, January.
    7. McCallum, Bennett T., 1985. "Bank deregulation, accounting systems of exchange, and the unit of account: A critical review," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 23(1), pages 13-45, January.
    8. Chris Eichbaum, 1993. "Challenging The Intellectual Climate Of The Times: Why The Reserve Bank Of Australia Is Too Independent," Economic Papers, The Economic Society of Australia, vol. 12(1), pages 1-17, March.
    9. Peter J. Stemp & C. W. Murphy, 1991. "Monetary Policy in Australia: The Conflict between Short‐Term and Medium‐Term Objectives," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 24(2), pages 20-31, April.
    10. Malcolm L. Edey, 1989. "Monetary Policy Instruments: A Theoretical Analysis," RBA Research Discussion Papers rdp8905, Reserve Bank of Australia.
    11. Doug McTaggart & Colin Rogers, 1990. "Monetary Policy and the Terms of Trade: A Case for Monetary Base Control in Australia?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 23(2), pages 38-49, June.
    12. Guy Debelle, 1996. "The Ends of Three Small Inflations: Australia, New Zealand and Canada," Canadian Public Policy, University of Toronto Press, vol. 22(1), pages 56-78, March.
    13. Tobin, James, 1983. "Monetary Policy: Rules, Targets, and Shocks," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 15(4), pages 506-518, November.
    14. Jonson, P D & Rankin, R W, 1986. "On Some Recent Developments in Monetary Economics," The Economic Record, The Economic Society of Australia, vol. 62(178), pages 257-267, September.
    15. P.D. Jonson & R.W. Rankin, 1986. "On Some Recent Developments in Monetary Economics," RBA Research Discussion Papers rdp8605, Reserve Bank of Australia.
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