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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. repec:bla:ecorec:v:65:y:1989:i:189:p:152-64 is not listed on IDEAS
    2. Guy Debelle & Glenn Stevens, 1995. "Monetary Policy Goals for Inflation in Australia," RBA Research Discussion Papers rdp9503, Reserve Bank of Australia.
    3. Cukierman Alex, 1992. "CENTRAL BANK STRATEGY, CREDIBILITY, AND INDEPENDANCE: THEORY AND EVIDENCE: Compte Rendu par Dominique Cariofillo," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 3(4), pages 581-590, 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. Alex Cukierman, 1992. "Central Bank Strategy, Credibility, and Independence: Theory and Evidence," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262031981, April.
    15. repec:bla:ecorec:v:62:y:1986:i:178:p:257-67 is not listed on IDEAS
    16. 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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