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Monetary policy, output and employment

Author

Listed:
  • David Archer

    (Reserve Bank of New Zealand)

Abstract

This article discusses why output and employment are not included in the Bank's operating objectives, leaving price stability the sole objective.

Suggested Citation

  • David Archer, 1994. "Monetary policy, output and employment," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 57, December.
    • Handle: RePEc:nzb:nzbbul:december1994:2
    as

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    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/1994/1994dec57-4archer.pdf
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    References listed on IDEAS

    as
    1. Ball, Laurence & Romer, David, 2003. "Inflation and the Informativeness of Prices," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 35(2), pages 177-196, April.
    2. Ball, Laurence, 1995. "Time-consistent policy and persistent changes in inflation," Journal of Monetary Economics, Elsevier, vol. 36(2), pages 329-350, November.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Paul Dalziel, 1997. "Setting the Reserve Bank’s Inflation Target: The New Zealand Debate," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 4(3), pages 285-296.

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