Research Catalog

Title

Monetary arrangements for New Zealand / Peter Hartley.

Author

Hartley, Peter R.

Publication

Wellington, N.Z. : New Zealand Business Roundtable, [2001]

Items in the Library & Off-site

Holdings

Details

Additional Authors

New Zealand Business Roundtable.

Description

vi, 113 p. : ill.; 30 cm.

Subject

• Finance, Public > New Zealand
• Monetary policy > New Zealand

Note

• "May 2001."

Bibliography (note)

• Includes bibliographical references (p. 113-114).

Processing Action (note)

• committed to retain

Contents

Machine generated contents note: List of Figures iv -- About the authorv -- Acknowledgements vi -- 1 Introduction and overview 1 -- 1.1 Abandoning the New Zealand dollar 2 -- 1.2 Government review of monetary policy 4 -- 1.3 What, if anything should be done? 7 -- 2 Conduct of policy under current arrangements 9 -- 2.1 Inflation as a policy concern 10 -- 2.2 Short-run real effects, and long lags 17 -- 2.3 Strict and flexible inflation targeting 21 -- 2.4 New approaches to monetary policy? 36 -- 3 Alternative monetary arrangements 39 -- 3.1 Monetary policy and globalisation 39 -- 3.2 Monetary union 42 -- 3.3 Dollarisation or a currency board as long-run goals 50 -- 3.4 Competitive base money supply 57 -- 4 Conclusion 65 -- 5 Appendix: Monetary policy and the economy 69 -- 5.1 What can the Reserve Bank control? 69 -- 5.2 Money, real interest rates and output 73 -- 5.3 Inflation and interest rates in an open economy 96 -- 6 References 113.

ISBN

1877148687 (pbk.) :

Owning Institutions

Harvard Library