RDP 2001-10: A Select Bibliography of Published Research by Staff of the Reserve Bank of Australia: 1991–2001 5. Other Published Documents

1991

Alesina A, DW Gruen and MT Jones, ‘Fiscal Adjustment, the Real Exchange Rate and Australia's External Imbalance’, Australian Economic Review, 95, pp 38–51.

Boulton LF, M Dungey and MB Parkin, ‘Volatility of the Australian Dollar Exchange Rate’, Journal of Foreign Exchange and International Finance, 5(3), pp 207–215.^[33]

Dotsey M, ‘Open Market Operations in Australia: A US Perspective’, Economic Record, 67(198), pp 243–256.^[34]

Edey ML and G Elliott, ‘The Role and Performance of Financial Futures and Options Markets in Australia’, in C Kearney and R MacDonald (eds), Developments in Australian Monetary Economics, Longman Cheshire, Melbourne, pp 100–117.

Fahrer JG, ‘Is Pitchford Right? Current Account Adjustment, Exchange Rate Dynamics and Macroeconomic Policy’, in MR Johnson, P Kriesler and AD Owen (eds), Contemporary Issues in Australian Economics, Macmillan, South Melbourne, pp 61–77.^[35]

Grenville SA, ‘Building Financial Institutions for a Market-Based Monetary Policy’, in G Caprio and P Honohan (eds), Monetary Policy Instruments for Developing Countries, World Bank, Washington DC, pp 49–62.

Gruen DW, ‘Recent Developments in the Theory and Behaviour of Exchange Rates’, in Exchange Rate Policy: Papers Presented at an Office of EPAC Seminar, EPAC Background Paper No 9, AGPS, Canberra, pp 7–25.

Gruen DW, ‘What People Know and What Economists Think They Know: Surveys on Ricardian Equivalence’, Australian Economic Papers, 30(56), pp 1–9.

Kasper W and GR Stevens, ‘Lessons from the Australian Monetary Reforms of the 1980s: Possible Pointers for Malaysia in the 1990s?’, Banker's Journal Malaysia, June, pp 27–38.

Kyriakopoulos J, ‘Does Moderate Inflation Affect Economic Growth?’, in MR Johnson, P Kriesler and AD Owen (eds), Contemporary Issues in Australian Economics, Macmillan, South Melbourne, pp 49–60.

McKibbin WJ and SR Morling, ‘Macroeconomic Policy in Australia: A Longer Run Perspective’, in FH Gruen (ed), Australian Economic Policy: Revised Papers from the Conference Held on 27–28 November 1989, Australian National University, pp 58–109.^[36]

Russell B and WJ Tease, ‘Employment, Output and Real Wages’, Economic Record, 67(196), pp 34–45.^[37]

Stevens GR, ‘The Conduct of Monetary Policy in a World of Increasing Capital Mobility: A Look at the Australian Experience in the 1980s’, Federal Reserve Bank of San Francisco Working Paper Series No PB91–01.

Stevens GR, ‘The Rise in Private Debt in the 1980s: Why Did it Happen and Will it Continue into the 1990s?’, in The Surge in Australia's Private Debt: Causes, Consequences, Outlook: Office of EPAC Seminar Held in Canberra on 12 April 1991, EPAC Background Paper No 14, AGPS, Canberra, pp 45–63.

1992

Bullock ML, SA Grenville and A Pease, ‘Capital Flows’, in The Regulation of Capital Inflow: Proceedings of an EPAC Seminar Held in Canberra on 16 July 1991, EPAC Background Paper No 17, AGPS, Canberra, pp 2.1–2.31.

Dwyer JA, ‘The Tradeable Non-Tradeable Dichotomy: A Practical Approach’, Australian Economic Papers, 31(59), pp 443–458.

Edey ML and G Elliott, ‘Some Evidence on Option Prices as Predictors of Volatility’, Oxford Bulletin of Economics and Statistics, 54(4), pp 567–578.

Fahrer JG and T Rohling, ‘Financial Deregulation and the Monetary Transmission Mechanism’, Australian Economic Review, 97, pp 33–43.^[38]

Wilkinson J, ‘Explaining Australia's Imports: 1974–1989’, Economic Record, 68(201), pp 151–164.

1993

Lowe PW and A Tarditi, ‘Interest Rates, Exchange Rates and Foreign Debt: Comment’, Economic Record, 69(204), pp 77–79.

Stevens GR, ‘Inflation in Australia’, in K Shigehara (ed), Price Stabilization in the 1990s: Domestic and International Policy Requirements, Macmillan Press, Basingstoke, Hampshire, pp 176–186.

1994

Grenville SA, ‘The Reserve Bank of Australia's Foreign Exchange Market Operations’, South East Asian Central Banks (SEACEN) Occasional Paper No 18.

Gruen DW and J Smith, ‘Excess Returns in a Small Open Economy’, Economic Record, 70(211), pp 381–396.

Menzies GD, ‘Explaining the Timing of Australia's Manufactured Export Boom’, Australian Economic Review, 108, pp 72–86.

Van den Bergh P and JM Veale, ‘Payment System Risk and Risk Management’, in BJ Summers (ed), The Payment System: Design Management and Supervision, International Monetary Fund, Washington DC, pp 89–105.

Veale JM and RW Price, ‘Payment System Float and Float Management’ in BJ Summers (ed), The Payment System: Design Management and Supervision, International Monetary Fund, Washington DC, pp 145–163.

Whitelaw RB, ‘Investment and Economic Growth: A Critique of DeLong and Summers’, in Investment for Growth: Papers Presented at an Office of EPAC Seminar Held in Canberra on 23rd November 1993, EPAC Background Paper No 39, AGPS, Canberra, pp 39–55.

1995

Blundell-Wignall A and E Regan, ‘How Fast Can Australia Grow?’, Asia-Pacific Economic Review, 1(3), pp 63–69.

Cooper SA and S Weston, ‘The Pricing of Over-the-counter Options’, Bank of England Quarterly Bulletin, 35(4), pp 375–381.

Gruen DW, ‘Globalisation and the Macroeconomy’, in Globalisation: Issues for Australia: Papers and Proceedings from an Economic Planning Advisory Commission Seminar, EPAC Commission Paper No 5, Canberra, pp 127–153.

Lowe PW, ‘Financial Liberalisation: The Australian Experience’, in R Dornbusch and YC Park (eds), Financial Opening: Policy Lessons for Korea, Korea Institute of Finance, International Center for Economic Growth, Seoul, pp 140–188.

1996

Debelle G, ‘The Ends of Three Small Inflations: Australia, New Zealand and Canada’, Canadian Public Policy, 22(1), pp 56–78.

de Brouwer G, ‘Deregulation and the Structure of the Money Market’, in P Sheard (ed), Japanese Firms, Finance and Markets, Addison Wesley Longman in Association with The Australian-Japanese Research Centre, Australian National University, Melbourne, pp 274–299.

de Brouwer G, ‘Financial Integration in Western Pacific Economies’, Research in Asian Economic Studies, 7(B), pp 323–343.

Grenville SA, ‘Recent Developments in Monetary Policy: Australia and Abroad’, Australian Economic Review, 113, pp 29–39.

Mackrell NC, ‘Towards RTGS in Australia’, in Global Payment Systems, Hong Kong Monetary Authority, Hong Kong, pp 109–113.

Rider M, R De Abreu Lourenco and SR Morling, ‘Capital Flows Between Australia and PECC Countries/Regions’, in Capital Flows in the Pacific Region: Past Trends and Future Prospects: Background Papers, Japan Committee for Pacific Economic Outlook, Osaka, pp 1–38.

Weston S and SA Cooper, ‘Bank Checks’, Risk, 9(2), pp 23–27.

1997

Debelle G and D Laxton, ‘Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States’, International Monetary Fund Staff Papers, 44(2), pp 249–282.

Edey ML, ‘Retirement Income Policy in Australia’ in SA Sass and RK Triest (eds) Social Security Reform: Links to Saving, Investment and Growth, Conference Series No 41, Federal Reserve Bank of Boston, Boston, pp 168–173.

Gruen DW, ‘Ignorance and Ricardian Equivalence’, Economic Record, 73(220), pp 35–44.

Hill MR and RW Rankin, ‘Short-Term Money Markets’, in MK Lewis and RH Wallace (eds), The Australian Financial System: Evolution, Policy and Practice, Addison Wesley Longman, South Melbourne, pp 477–504.

Mackrell NC, ‘Minimising Systemic Risk with Real-Time Settlement of High-Value Transactions’, ASX Perspective, 3rd Quarter, pp 16–19.

Mair PJ, ‘Electronic Money in Australia: The Issues and the Outlook’, Payment Systems Worldwide, 8(2), pp 4–8.

Walwyn H and WS Byres, ‘Price Check’, Risk, 10(11), pp 18–24.

Walwyn H and WS Byres, ‘The Valuation of Options’, Financial Stability Review, 3, pp 18–28.

1998

Engel JA and MC Gizycki, ‘Conservatism, Accuracy and Efficiency: Comparing Value-at-Risk Models’, Australian Prudential Regulation Authority Working Paper No 2.

Gizycki MC and N Hereford, ‘Assessing the Dispersion in Banks' Estimates of Market Risk: The Results of a Value-at-Risk Survey’, Australian Prudential Regulation Authority Working Paper No 1.

Gray B, ‘Credit Risk in the Australian Banking Sector’, Federal Reserve Bank of New York Economic Policy Review, 4(3), pp 61–70.

Grenville SA, ‘Containing Financial Crises’, CEDA Bulletin, October, pp 10–12.

Gruen DW, ‘Comment’ (D Altig and AC Stockman, ‘Sources of Business Cycles in Korea and the United States’), in The Implications of Globalization of World Financial Markets', Conference Proceedings, Bank of Korea, Seoul, pp 275–277.

Gruen DW, B Gray and GR Stevens, ‘Australia’ in RH McLeod and R Garnaut (eds), East Asia in Crisis: From Being a Miracle to Needing One?, Routledge, London, pp 207–223.

Walwyn H and WS Byres, ‘Valuation of Options’, Derivatives Use, Trading & Regulation, 4(1), pp 76–90.

1999

Debelle G and PW Lowe, ‘The Natural Rate of Unemployment in Australia since the Seventies: A Comment’, Economic Record, 75(229), pp 171–172.

de Brouwer G, ‘Asia Pacific Financial Liberalisation and Reform’, in G de Brouwer and W Pupphavesa (eds), Asia Pacific Financial Deregulation, Routledge, London, pp 295–315.

de Brouwer G, ‘Deregulation and Open Capital Markets: the Australian Experience Before Wallis’, Agenda: A Journal of Policy Analysis and Reform, 6(1), pp 51–68.

de Brouwer G, Financial Integration in East Asia, Cambridge University Press, Cambridge.

de Brouwer G, ‘The Literature on Capital Controls’, Australian Economic Review, 32(2), pp 185–190.

de Brouwer G and W Pupphavesa (eds), Asia Pacific Financial Deregulation, Routledge, London.

Ellis L, Comments on F Smets, ‘Output Gap Uncertainty: Does it Matter for the Taylor Rule?’, in Hunt B and A Orr (eds), Monetary Policy Under Uncertainty, Workshop held at the Reserve Bank of New Zealand, Wellington, pp 30–32.

Laker JF, ‘The Reserve Bank of Australia After Wallis’, Australian Banking & Finance Law Bulletin, 15(5), pp 69–77.

Macfarlane IJ, ‘Australian Monetary Policy in the Last Quarter of the Twentieth Century’, Economic Record, 75(230), pp 213–224.

2000

Broadbent J, ‘The Development of a Government Bond Market: The Australian Experience’, in A Harwood (ed) Building Local Bond Markets: An Asian Perspective, International Finance Corporation (World Bank), Washington DC, pp 85–95.

Dwyer JA and DW Gruen, ‘Share Option Plans: A Word of Caution’, Submission No 49 to the House of Representatives Standing Committee on Employment, Education and Workplace Relations, Shared Endeavours: Inquiry into Employee Share Ownership in Australian Enterprises, CanPrint, Canberra.

Gower L and D Wilson, ‘Displaced Capital and Japanese Economic Growth’, Journal of the Japanese and International Economies, 14(2), pp 105–120.

Grenville SA, ‘“Indonesian Monetary Policy”: A Comment’, Bulletin of Indonesian Economic Studies, 36(3), pp 65–70.

Grenville SA, ‘Inflation Targeting in the World of Volatile Capital Flows’, in Practical Experiences on Inflation Targeting: Proceedings of an International Economic Conference, Bank of Thailand, Bangkok, pp 24–38.

Grenville SA, ‘Monetary Policy and the Exchange Rate During the Crisis’, Bulletin of Indonesian Economic Studies, 36(2), pp 43–60.

Gruen DW, ‘Forecasting Methods: Final Observations – Economic Forecasters Aren't Stupid; What We Are Trying to Do is Hard!’, in P Abelson and R Joyeux (eds), Economic Forecasting, Allen & Unwin, St Leonards NSW, pp 277–291.

Veale JM, ‘The Payments System and the Law: Some Points of Intersection’ Australian Banking & Finance Law Bulletin, 16(4), pp 61–67.

Willard L, ‘Does Openness Promote Growth?’, Agenda: A Journal of Policy Analysis and Reform, 7(3), pp 251–260.

2001

Banerjee A, L Cockerell and B Russell, ‘An I(2) Analysis of Inflation and the Markup’, Journal of Applied Econometrics, 16(3), pp 221–240.

Blanchard OJ and J Simon, ‘The Long and Large Decline in U.S. Output Volatility’, Brookings Papers on Economic Activity, 1, pp 135–174.

Lowe PW, ‘Maintaining Financial Stability: Possible Policy Options’, Sveriges Riksbank Economic Review, 2, pp 25–33.

Footnotes

First published as Reserve Bank of Australia Research Discussion Paper No 9010. [33]

First published as Reserve Bank of Australia Research Discussion Paper No 8702. [34]

First published as Reserve Bank of Australia Research Discussion Paper No 9001. [35]

First published as Reserve Bank of Australia Research Discussion Paper No 9002. [36]

First published as Reserve Bank of Australia Research Discussion Paper No 8806. [37]

First published as Reserve Bank of Australia Research Discussion Paper No 9008. [38]