Alternative Rules For Monetary Policy And Fiscal Policy In New Zealand PDF Download
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Author | : Ralph C. Bryant |
Publisher | : |
Total Pages | : 98 |
Release | : 1996 |
Genre | : Banks and banking, Central |
ISBN | : |
Download Alternative Rules for Monetary Policy and Fiscal Policy in New Zealand Book in PDF, ePub and Kindle
Author | : Mr.Hamid Faruqee |
Publisher | : International Monetary Fund |
Total Pages | : 88 |
Release | : 1998-05-21 |
Genre | : Business & Economics |
ISBN | : 9781557757227 |
Download Multimod Mark III Book in PDF, ePub and Kindle
This study describes the Mark III version of MULTIMOD, the IMF's multi region macroeconomic model. Mark III version of MULTIMOD differs from its predecessor in several important respects. New features include a core steady-state analogue model, a new model of teh inflation-unemployment nexus, and extended non-Ricardian specification of consumption-saving behavior, and improved specifications and estimates of investment behavior and international trade equations. In addition, the introduction of a new solution algorithm has greatly increased the robustness, speed of convergence, and accuracy of the simulations.
Author | : Evan Berman |
Publisher | : Emerald Group Publishing |
Total Pages | : 328 |
Release | : 2020-07-10 |
Genre | : Political Science |
ISBN | : 1838674551 |
Download Public Policy and Governance Frontiers in New Zealand Book in PDF, ePub and Kindle
New Zealand is widely regarded as a leader in public policy and governance reforms and innovations, being an early adopted of New Public Management, a leader in e-government and transparency. Discussing reforms including those in policy areas such as well-being, sustainability, environmental management, agriculture and indigenous development.
Author | : Francesca Caselli |
Publisher | : International Monetary Fund |
Total Pages | : 26 |
Release | : 2024-06-21 |
Genre | : |
ISBN | : |
Download Green Fiscal Rules? Challenges and Policy Alternatives Book in PDF, ePub and Kindle
This paper studies the impact of green fiscal rules – designed to protect climate-related spending –on debt dynamics. Simulations of green rules that exempt green spending from the rule limits for an emergingmarket economy illustrate that they can lead to unsustainable debt dynamics when the net zero emissions goal is pursued mostly using spending-based instruments (e.g., investment and subsidies). Or the rule would need to implicitly assume a large fiscal adjustment in the non-green budget, which would undermine its credibility. It will be needed to build broad public consensus for a more comprehensive fiscal strategy that tackles the difficult policy tradeoffs that will be required and takes into account long-term effects. A more appropriate mix of climate policies, including actively employing carbon pricing, should be pursued within the overall setting of fiscal and debt objectives. Developing ‘green’ medium-term fiscal frameworks would help to integrate climate change considerations into fiscal policy design in a more comprehensive manner.
Author | : |
Publisher | : |
Total Pages | : 252 |
Release | : 2007 |
Genre | : Banks and banking |
ISBN | : |
Download Reserve Bank of New Zealand Bulletin Book in PDF, ePub and Kindle
Author | : John Singleton |
Publisher | : Auckland University Press |
Total Pages | : 718 |
Release | : 2013-11-01 |
Genre | : History |
ISBN | : 1775580946 |
Download Innovation and Independence Book in PDF, ePub and Kindle
This study of the Reserve Bank of New Zealand reveals why the Bank's presence in the national life is strong; illustrates how it is internationally renowned for its mandate to eliminate inflation, having been the first reserve or central bank in the world to adopt the "inflation targeting" approach to monetary policy; and looks at how the Bank maintains the integrity of the currency, preserves the stability of the financial system, and undertakes a range of activities on behalf of the people of New Zealand.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 74 |
Release | : 2015-10-23 |
Genre | : Business & Economics |
ISBN | : 1498344062 |
Download Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries Book in PDF, ePub and Kindle
Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
Author | : Marco Buti |
Publisher | : Edward Elgar Publishing |
Total Pages | : 321 |
Release | : 2005-01-01 |
Genre | : Business & Economics |
ISBN | : 1845426711 |
Download Fiscal Policy in Economic and Monetary Union Book in PDF, ePub and Kindle
The book has many merits, and represents an important contribution to the controversial topic of European fiscal policy. I appreciated in particular the high quality and rigor of the analysis and the fact that the pros and cons of the contending opinions are presented in a fair way. It is a rewarding reading. EAEPE Newsletter Buti and Franco present a series of interesting analytical information which should be read by as broad an audience as possible. . . the book is a good buy. László Csaba, Acta Oeconomica This book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU s budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its supranational nature. The authors, who have been at the forefront of the academic and policy debate on economic policy in Europe, argue that fiscal policy has always been at the core of the EMU debate. The Maastricht criteria and the Stability and Growth Pact are the most contentious building blocks of EMU s institutional architecture: they have aroused heated controversies between academics and policymakers ever since their adoption. As EMU s budgetary rules undergo their first severe shock, Europe is still searching for its fiscal soul. The book s basic premise is that one cannot fully understand EMU s fiscal framework and the recent debate on its reform without placing them in a historical and institutional perspective and abstracting from the uniqueness of EMU, where sovereign countries retain a large degree of fiscal independence, and monetary policy is entrusted to an independent central bank with the overriding mission of maintaining price stability. Analysing all aspects of EMU s fiscal rules and institutions, this book will strongly appeal to students, academics and researchers of macroeconomic policy and European integration. Policymakers and fiscal policy experts at both national and international levels will also find the book to be of great interest.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 257 |
Release | : 2015-04-20 |
Genre | : Business & Economics |
ISBN | : 1498344658 |
Download Fiscal Policy and Long-Term Growth Book in PDF, ePub and Kindle
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author | : Reserve Bank of New Zealand |
Publisher | : |
Total Pages | : 280 |
Release | : 1992 |
Genre | : Banks and banking, Central |
ISBN | : |
Download Monetary Policy and the New Zealand Financial System Book in PDF, ePub and Kindle