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The Official Cash Rate one year on

Author

Listed:
  • Andy Brookes
  • Tim Hampton

    (Reserve Bank of New Zealand)

Abstract

This article assesses the performance of the OCR as the Reserve Bank's key instrument for implementing monetary policy in the year or so since its introduction.

Suggested Citation

  • Andy Brookes & Tim Hampton, 2000. "The Official Cash Rate one year on," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 63, June.
    • Handle: RePEc:nzb:nzbbul:june2000:4
    as

    Download full text from publisher

    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/2000/2000jun63-2BrookesHampton.pdf
    Download Restriction: no
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    References listed on IDEAS

    as
    1. Tim Hampton, 1999. "Intra-day liquidity and real-time gross settlement - 18 months on," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 62, December.
    2. David Archer & Andy Brookes & Michael Reddell, 1999. "A cash rate system for implementing monetary policy," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 62, March.
    3. Tim Hampton, 2000. "Y2K and banking system liquidity," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 63, March.
    4. Christian Hawkesby, 1999. "A primer on derivatives markets," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 62, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    as


    Cited by:

    1. Michael Woodford, 2001. "Monetary policy in the information economy," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 297-370.
    2. Guender, Alfred V. & Rimer, Oyvinn, 2008. "The implementation of monetary policy in New Zealand: What factors affect the 90-day bank bill rate?," The North American Journal of Economics and Finance, Elsevier, vol. 19(2), pages 215-234, August.
    3. van der Cruijsen, C.A.B., 2008. "The economic impact of central bank transparency," Other publications TiSEM 86c1ba91-1952-45b4-adac-8, Tilburg University, School of Economics and Management.
    4. Michael Gordon, 2003. "Estimates of time-varying term premia for New Zealand and Australia," Reserve Bank of New Zealand Discussion Paper Series DP2003/06, Reserve Bank of New Zealand.
    5. Dr Don Brash, 2001. "Should the Reserve Bank have eased as fast as the Federal Reserve?," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 64, June.
    6. Aaron Drew & Rishab Sethi, 2007. "The transmission mechanism of New Zealand monetary policy," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 70, June.
    7. Leo Krippner & Michael Gordon, 2001. "Market expectations of the Official Cash Rate," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 64, June.

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