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The theoretical basis for monetary policy


  • Arthur Grimes

    (Reserve Bank of New Zealand)


The monetary policy role of the Central Bank is discussed.

Suggested Citation

  • Arthur Grimes, 1990. "The theoretical basis for monetary policy," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 53, june.
  • Handle: RePEc:nzb:nzbbul:june1990:2

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    References listed on IDEAS

    1. Goldstein, Morris & Khan, Mohsin S & Officer, Lawrence H, 1980. "Prices of Tradable and Nontradable Goods in the Demand for Total Imports," The Review of Economics and Statistics, MIT Press, vol. 62(2), pages 190-199, May.
    2. K.W. Clements & L.A. Sjaastad, 1983. "How Protection Taxes Exporters," Economics Discussion / Working Papers 83-15, The University of Western Australia, Department of Economics.
    3. Dornbusch, Rudiger, 1974. "Tariffs and nontraded goods," Journal of International Economics, Elsevier, vol. 4(2), pages 177-185, May.
    4. Choi, Kwang-Ho & Cumming, Tracey A, 1986. "Who Pays for Protection in Australia?," The Economic Record, The Economic Society of Australia, vol. 62(179), pages 490-496, December.
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    Cited by:

    1. Francisco Nadal De Simone, 1997. "Current account and exchange rate behaviour under inflation targeting in a small open economy," Reserve Bank of New Zealand Discussion Paper Series G97/4, Reserve Bank of New Zealand.
    2. Francisco de A. Nadal-De Simone, 2001. "Inflation targeting in a small open economy: The behaviour of price variables," New Zealand Economic Papers, Taylor & Francis Journals, vol. 35(1), pages 101-142.
    3. 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.

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