Australian Monetary Policy: Recent Experience and Some Current Issues |
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Authors: | Kevin Davis |
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Affiliation: | Economics Department University of Adelaide |
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Abstract: | This article surveys Australia's recent monetary experience highlighting current problems in interpreting the stance of monetary policy. It then examines changes in the techniques of monetary policy stemming from deregulation and changing views of the authorities. Finally, money supply control, deregulation and broad money growth, and commercial bill financing are analysed so as to help to shed light on the current problems of interpreting monetary condition. |
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