TIn the last decade, central banks have conducted new research enhancing their understanding of firm level price-setting behaviour. This work has revealed new information about the frequency with which firms change prices and provided explanations as to why prices are sticky. This information...

This article presents a detailed comparison of price changes for non-tradable and tradable items in the CPI across Australia and New Zealand. The main result is that relative price movements in Australia and New Zealand are highly correlated in the medium term, although not in the very short...

This article summarises the main results of a forthcoming survey paper on the sources of economic growth

The monetary policy role of the Central Bank is discussed.

This article examines recent research regarding the information content of monetary aggregates and monetary policy.

This article is based on the Bank's submission to the Minister of Commerce review of post - 1992 tariff policy.