Reserve Bank of New Zealand Bulletin articles

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March 1993 (Vol 56, no 1)

Articles

The costs of inflation revisited (PDF 3,509KB)

By Samantha Johnson
A comprehensive survey of the many costs of inflation that have been identified in the economic literature.

Bank credit and monetary policy (PDF 1,953KB)

By Andrew Fung and Eric Hansen, Economics Department
This article discusses the nature of bank credit, its role in the monetary transmission mechanism and the implications for the monetary indicator framework.

The financial implications of the Reserve Bank's monetary policy operations (PDF 544KB)

By David Wilson, Economics Department
Do the Bank's monetary policy operations make money? This article provides indicative data.

Measuring inflation (PDF 1,516KB)

By David Rae, Economics Department
This article discusses and explains the various measures of inflation used by the Reserve Bank.

Survey of foreign exchange market activity (PDF 902KB)

By Ian Jupp
Results of a recent international survey which included the New Zealand foreign exchange market.

Economic forecasts overview (PDF 742KB)

An overview of the Bank's economic forecasts released in March.

Economic notes (PDF 717KB)

Survey of Expectations (PDF 656KB)

By Christopher Green and Sean Comber, Economics Department
This article presents the results from the February 1993 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.