The New Zealand approach to rules and discretion in monetary policy

Journal of Monetary Economics

Volumn 39, Issue 1, 1997, Pages 3-15

  Archer, David J ^a  

^a RESERVE BANK OF NEW ZEALAND   (New Zealand)

Author keywords

Central banking; Inflation targeting; Monetary policy; Rules and discretion

Indexed keywords

EID: 0031161096     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(97)00005-6     Document Type: Article

References (5)

1. Ball, L., 1990. Time-consistent policy and persistent changes in inflation. NBER Working Paper No. 3529.
2. Bryant, R.C., Hooper, P.H., Mann, C.L., 1993. Evaluating policy regimes and analytical models: Background and project summary. In: Bryant, R.C., Hooper, P.H., Mann, C.L. (Eds.), Evaluating policy regimes: new research in empirical macroeconomics. Brookings Institution, Washington, DC, pp. 3-41.
3. Debelle, G., 1994. The ends of three small inflations: Australia, New Zealand and Canada. MIT, February 1994, Mimeo.
4. Fischer, S., 1994. Modern central banking. Paper prepared for the Bank of England Tercentenary Symposium on Central Banking, June 1994.
5. Flood, R.P., Isard, P., 1989. Monetary Policy Strategies. IMF Staff Papers, September, pp. 612-632.