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The New Zealand approach to rules and discretion in monetary policy

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  • Archer, David J.

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  • Archer, David J., 1997. "The New Zealand approach to rules and discretion in monetary policy," Journal of Monetary Economics, Elsevier, vol. 39(1), pages 3-15, June.
    • Handle: RePEc:eee:moneco:v:39:y:1997:i:1:p:3-15
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    References listed on IDEAS

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    1. Ball, Laurence, 1995. "Time-consistent policy and persistent changes in inflation," Journal of Monetary Economics, Elsevier, vol. 36(2), pages 329-350, November.
    2. Robert P. Flood & Peter Isard, 1989. "Monetary Policy Strategies," IMF Staff Papers, Palgrave Macmillan, vol. 36(3), pages 612-632, September.
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    Cited by:

    1. Guthrie, Graeme & Wright, Julian, 2000. "Open mouth operations," Journal of Monetary Economics, Elsevier, vol. 46(2), pages 489-516, October.
    2. Emmanuel Carré, 2014. "The origins of inflation targeting regime: the science of central banking or the art of central bankers?," Cahiers d’économie politique / Papers in Political Economy, L'Harmattan, issue 66, pages 127-172.
    3. P Arestis & A Mihailov, 2009. "Flexible Rules cum Constrained Discretion: A New Consensus in Monetary Policy," Economic Issues Journal Articles, Economic Issues, vol. 14(2), pages 27-54, September.
    4. Abubakar Addy & Alexander Mihailov & Stephen Kwame Opata, 2026. "Inflation Targeting Near 40 across Space and Time: Bayesian Model Comparison of Central Bank Deeds," Economics Discussion Papers em-dp2026-02, Department of Economics, University of Reading.
    5. Devine, Máiréad & McCoy, Daniel, 1997. "Inflation Targeting: A Review of the Issues," Research Technical Papers 5/RT/97, Central Bank of Ireland.
    6. Lynn E. Browne & Rebecca Hellerstein & Jane Sneddon Little, 1998. "Inflation, asset markets, and economic stabilization: lessons from Asia," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-32.
    7. Lees, Kirdan & Warburton, Sam, 2010. "A happy "half way-house"? Medium term inflation targeting in New Zealand," Journal of International Money and Finance, Elsevier, vol. 29(5), pages 819-839, September.
    8. repec:rdg:wpaper:em-dp2007-53 is not listed on IDEAS
    9. Razzak, Weshah, 2026. "What The RBNZ Monetary Policy Statements Tell Us About Inflation Targeting in New Zealand 1990-2025," MPRA Paper 128887, University Library of Munich, Germany.
    10. Sergi Bruno S. & Hsing Yu, 2010. "Responses of Monetary Policy to Inflation, the Output Gap, and Real Exchange Rates: The Case of Australia, Canada, and New Zealand," Global Economy Journal, De Gruyter, vol. 10(2), pages 1-11, May.
    11. Singleton,John, 2010. "Central Banking in the Twentieth Century," Cambridge Books, Cambridge University Press, number 9780521899093.
    12. MKC Jackson, 2002. "Reserve Bank Independence : A Post Keynesian Perspective," South African Journal of Economics, Economic Society of South Africa, vol. 70(1), pages 29-52, March.

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