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The Australian Government's Current Approach to Monetary Policy: An Evaluation

In: Monetary Policy and Inflation Targeting

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  • Peter J Stemp

    (University of Melbourne)

Abstract

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Suggested Citation

  • Peter J Stemp, 1997. "The Australian Government's Current Approach to Monetary Policy: An Evaluation," RBA Annual Conference Volume (Discontinued), in: Philip Lowe (ed.),Monetary Policy and Inflation Targeting, Reserve Bank of Australia.
    • Handle: RePEc:rba:rbaacv:acv1997-12
    as

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    File URL: https://www.rba.gov.au/publications/confs/1997/pdf/stemp.pdf
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    References listed on IDEAS

    as
    1. Kenneth Rogoff, 1985. "The Optimal Degree of Commitment to an Intermediate Monetary Target," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(4), pages 1169-1189.
    2. Walsh, Carl E, 1995. "Is New Zealand's Reserve Bank Act of 1989 an Optimal Central Bank Contract?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(4), pages 1179-1191, November.
    3. 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.
    4. Peter J. Stemp, 1996. "The Role of Monetary Policy in Australia: A Minimalist Approach," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 29(1), pages 10-28, January.
    5. Walsh, Carl E, 1995. "Optimal Contracts for Central Bankers," American Economic Review, American Economic Association, vol. 85(1), pages 150-167, March.
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    Cited by:

    1. Prof. Neil D. Karunaratne, 2000. "Inflation Targeting Macroeconomic Distortions and the Policy Reaction Function," Discussion Papers Series 269, School of Economics, University of Queensland, Australia.

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