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Weighted Monetary Aggregates: Empirical Evidence for Australia

In: Divisia Monetary Aggregates

Author

Listed:
  • G. C. Lim
  • Vance L. Martin

Abstract

December 1983 represents a watershed in the development of the Australian financial system. This point in time coincides with the floating of the Australian dollar on world financial markets, and marks the culmination of a period of rapid financial deregulation and innovation. Some of the major changes included the removal of interest-rate ceilings and quantitative controls, and the granting of licences to foreign banks.

Suggested Citation

  • G. C. Lim & Vance L. Martin, 2000. "Weighted Monetary Aggregates: Empirical Evidence for Australia," Palgrave Macmillan Books, in: Michael T. Belongia & Jane M. Binner (ed.), Divisia Monetary Aggregates, chapter 11, pages 249-262, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28823-2_12
    DOI: 10.1057/9780230288232_12
    as

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