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December 1991 (Vol 54, no 4)

Articles

By Karen Browning and Darren Gibbs
Key monetary and economic developments in the three months to 15 November are reviewed.

By Keith Lloyd
This article discusses the relationship between changes in monetary regimes and alternative monetary transmission channels.

By Alfred Wong and Arthur Grimes
This article examines recent research regarding the information content of monetary aggregates and monetary policy.

By Bernard Hodgetts and Bryan Chapple
This article examines recent trends in business borrowing costs.

By Rozanna Kolijn and Sean Comber
This article presents the results from the December 1991 quarter Reserve Bank of New Zealand Survey of Expectations.


The views expressed are those of individual authors and do not necessarily reflect official positions of the Reserve Bank of New Zealand. Articles published in this Bulletin may not be wholly or substantially reproduced without the permission of the Reserve Bank of New Zealand. Data, brief extracts from articles, and other material appearing in the Bulletin, may be used without restriction provided due acknowledgement is made of the source.


(c) Reserve Bank of New Zealand