Reforming Australian Monetary Policy: How Nominal Income Targeting Can Help Get the Reserve Bank Back on Track

Stephen Kirchner
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Stephen Kirchner: Mercury Publication

No 10705, Working Papers from George Mason University, Mercatus Center

Abstract: This paper makes the case for the adoption of a nominal income targeting regime in the context of a new governance and accountability framework for the Reserve Bank of Australia. The paper begins by outlining the current governance and inflation targeting

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Date: 2021-01-27
New Economics Papers: this item is included in nep-cba and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:ajw:wpaper:10705

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