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sample period, 1950-2010, and two subsample periods, 1970-2010 and 1993-2010, suggest that Australia's high inflation …This article presents an overview of monetary policy in Australia and highlights the persistence and volatility of … inflation under successive monetary policy regimes, 1950-2010. A series of unit root tests specified both linearly and …
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implication for economic policy has been the implementation of inflation targeting (IT). This paper critically raises a number of …
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The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …
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