RDP 7702: Inflation and Economic Stability in a Small Open Economy: A Systems Approach References

P.D. Jonson and J.C. Taylor

June 1977

Brunner, K., and Meltzer, A.H. (1971), “The Uses of Money: Money in the Theory of the Exchange Economy”, American Economic Review, 61: 784–805.

Danes, M.K. (1975), “The Measurement and Explanation of Inflationary Expectations in Australia”, Australian Economic Papers, 14: 75–87.

Dhrymes, P.J., et al (1972), “Criteria for Evaluation of Econometric Models”, Annals of Economic and Social Measurement, 1: 291–324.

Friedman, M., and Schwartz, A.J. (1963), A Monetary History of the United States 1867–1960, N.B.E.R. New York: Princeton University Press.

Gruen, F.H.G. (1976), “What Went Wrong? Some Personal Reflections on Economic Policies Under Labor”, Australian Quarterly, 48: 15–32.

Jonson, P.D. (1976), “Money, Prices and Output: An Integrative Essay”, Kredit und Kapital, 4: 499–518.

Jonson, P.D. (1977), “Inflation and Growth in the United Kingdom: A Longer-Run Perspective”, Journal of Monetary Economics, 3: 1–24.

Jonson, P.D., Mahar, K.L., and Thompson, G.J. (1974), “Earnings and Award Wages in Australia”, Australian Economic Papers, 13: 80–98.

Jonson, P.D., Moses, E.R., and Wymer, C.R. (1976), A Minimal Model of the Australian Economy, Reserve Bank of Australia Discussion Paper, 7601, Sydney.

Lucas, R.D. (1976), “Econometric Policy Evaluation: A Critique”, Carnegie-Rochester Conference Series, 1, eds. K. Brunner and A.H. Meltzer. Amsterdam: North-Holland.

Lucas, R.D. (1973), “Some International Evidence on Output – Inflation Trade-offs”, American Economic Review, 68: 326–334.

Parkin, J.M. (1973), “The Short-Run and Long-Run Tradeoffs between Inflation and Unemployment in Australia”, Australian Economic Papers, 12: 127–144.

Porter, M.G. (1974), “The Interdependence of Monetary Policy and Capital Flows in Australia”, Economic Record, 50: 1–20.

FURTHER READING

Additional material on aspects of the economic policy debate in Australia is contained in the following books:

Arndt, H.W., and Stammer, D.W. (1972), The Australian Trading Banks. Melbourne: Cheshire.

Corden, W.M. (1968), Australian Economic Policy Discussion. A Survey. Melbourne: Melbourne University Press.

Nevile, J.W. (1975), Fiscal Policy in Australia: Theory and Practice. Melbourne: Cheshire.

Niland, J.R., and Isaac, J.E. (eds), (1975), Australian Labour Economics: Readings. Melbourne: Sun Books.

Perkins, J.O.N. (1975), Macro-economic Policy in Australia. Melbourne: Melbourne University Press.