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(Australia, Canada, and New Zealand) place somewhat different emphasis on inflation than on other factors (e.g., output gap). We …
Persistent link: https://www.econbiz.de/10014070530
We examine the evolution of monetary policy rules in a group of inflation targeting countries (Australia, Canada, New … high inflation, such as in the UK or Australia at the beginning of the 1980s. Contrary to common wisdom, the response …
Persistent link: https://www.econbiz.de/10008688990
Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in the foreign exchange market? Using data for six advanced open economies explicitly targeting inflation, the paper examines empirically whether real exchange rate disequilibria systematically...
Persistent link: https://www.econbiz.de/10012780739
-targeting strategy - New Zealand, Canada, and the United Kingdom. It also considers the German experience with a monetary targeting …
Persistent link: https://www.econbiz.de/10012766980
This paper studies the Great Inflation in Canada, Australia, and New Zealand. Newspaper coverage and policymakers … delegated inflation control to nonmonetary devices. This hypothesis helps explain why, unlike Canada, Australia and New Zealand …
Persistent link: https://www.econbiz.de/10014063549
interest rates to policy announcements - on the exchange rate in Australia, Canada, and New Zealand during the 1990s. The main …
Persistent link: https://www.econbiz.de/10013317851
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