RDP 9703: The Implementation of Monetary Policy in Australia References
July 1997
- Download the Paper 191KB
Abel, A.B., A.K. Dixit, J.C. Eberly and R.S. Pindyck (1996), ‘Options, the Value of Capital and Investment’, The Quarterly Journal of Economics, 111(3), pp. 753–778.
Barro, R.J. (1989), ‘Interest-rate Targeting’, Journal of Monetary Economics, 23(1), pp. 3–30.
Battellino, R. (1990), ‘The Reserve Bank's Domestic Market Operations’, in The Reserve Bank in the Market Place, Reserve Bank of Australia, Sydney, pp. 33–50.
Blinder, A. (1995), ‘Targets, Instruments and Stabilisation’, Marshall Lecture I, University of Cambridge.
Brainard, W. (1967), ‘Uncertainty and the Effectiveness of Policy’, American Economic Review Papers and Proceeding, 57(2), pp. 411–425.
Dixit, A. (1989), ‘Entry and Exit Decisions Under Uncertainty’, Journal of Political Economy, 97(3), pp. 620–638.
Dixit, A. and R. Pindyck (1994), Investment Under Uncertainty, Princeton University Press, Princeton, New Jersey.
Goodhart, C. (1996), ‘Why do the Monetary Authorities Smooth Interest Rates?’, LSE Financial Markets Group Special Paper No. 81.
Goodhart, C. and H. Huang (1996), Appendix to C. Goodhart, ‘Why do the Monetary Authorities Smooth Interest Rates?’, LSE Financial Markets Group Special Paper No. 81.
Lowe, P. (1995), ‘The Link Between the Cash Rate and Market Interest Rates’, Reserve Bank of Australia Research Discussion Paper No. 9504.
Lowe, P. and L. Ellis (1997), ‘The Smoothing of Official Interest Rates’, paper presented at Conference on Monetary Policy and Inflation Targeting, Reserve Bank of Australia, Sydney, 21–22 July.
Mankiw, N.G. (1987), ‘The Optimal Collection of Seigniorage: Theory and Evidence’, Journal of Monetary Economics, 20(2), pp. 327–341.
Mankiw, N.G. and J. Miron. (1991), ‘Should the Fed Smooth Interest Rates? The Case of Seasonal Monetary Policy’, Carnegie-Rochester Conference Series on Public Policy, 34(Spring), pp. 41–70.
Poole, W. (1970), ‘Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model’, The Quarterly Journal of Economics, 84(2), pp. 197–216.
Rankin, R.W. (1992), ‘The Cash Market in Australia’, Reserve Bank of Australia Research Discussion Paper No. 9214.
Rankin, R.W. (1995), ‘The Reserve Bank's Domestic Market Operations’, paper presented at Seminar for Teachers, Reserve Bank of Australia, Sydney, 17 June 1995, pp. 2–37.
Rudebusch, G. (1995), ‘Federal Reserve Interest Rate Targeting, Rational Expectations and the Terms Structure’, Journal of Monetary Economics, 35(2) pp. 24–274.