Reserve Bank of New Zealand Bulletin articles
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March 1995 (Vol 58, no 1)
Articles
March 1995 economic forecasts (PDF 555KB)
Reprint of the policy implications and overview sections of the Bank's March economic forecast.
The costs and benefits of disinflation: a critique of the sacrifice ration (PDF 2,060KB)
By David Mayes and Bryan Chapple, Economics Department
This article discusses the method of measuring the costs of disinflation - sacrifice ratios and points out some of the limitations of that approach.
Survey of Expectations (PDF 588KB)
By Graham Howard and David Hargreaves, Economics Department
This article presents the results from the March 1995 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
