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Reforming Australian Monetary Policy: How Nominal Income Targeting Can Help Get the Reserve Bank Back on Track

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  • Kirchner, Stephen

    (Mercury Publication)

Abstract

This paper makes the case for the adoption of a nominal income targeting regime in the context of a new governance and accountability framework for the Reserve Bank of Australia. The paper begins by outlining the current governance and inflation targeting

Suggested Citation

  • Kirchner, Stephen, 2021. "Reforming Australian Monetary Policy: How Nominal Income Targeting Can Help Get the Reserve Bank Back on Track," Working Papers 10705, George Mason University, Mercatus Center.
  • Handle: RePEc:ajw:wpaper:10705
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