Reserve Bank of New Zealand Bulletin articles
(NB. If you do not have the free Acrobat reader software necessary to read these discussion papers already installed, go to the Adobe website.)
March 1997 (Vol 60, no 1)
Articles
Securitisation (PDF 18.5KB)
By Margaret Griffin, Banking System Department
A description of how banks package loan assets into marketable securities, and of the banking supervision issues which arise.
Bandwidth, bandlength, and inflation targeting: some observations (PDF 26KB)
By Richard Dennis, Economics Department
An examination of different approaches to formulating inflation targets.
Forecasting the demand for currency (PDF 48.5KB)
By Vincenzo Cassino, Peter Misich, Economics Department and John Barry, Currency Department
An outline of work done within the Bank to assist with forecasting the demand for currency.
Speeches
The new inflation target and New Zealanders' expectations about inflation and growth
An address by the Governor of the Reserve Bank to the Canterbury Employers' Chamber of Commerce, Christchurch, 23 January 1997.
- Alternatively, link to the html version of the speech by Dr Don Brash.
Banking soundness and the role of the market
An address by the Governor of the Reserve Bank to the IMF 7th Central Banking Seminar, Washington DC, 29 January 1997.
- Alternatively, link to the html version of the speech by Dr Don Brash.
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
