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Fiscal – monetary coordination: A retrospective

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This paper takes a high-level, helicopter view, look back at the course of fiscal and monetary policy, alongside that of the New Zealand macro-economy, over the past three decades or so. It does so with an eye to seeing how those macro variables have evolved in relation to each other, in the context of helping to inform assessments of whether and, if so how, there may be scope for fiscal and monetary policy to be coordinated in ways that help to achieve best possible macro-stabilisation outcomes.

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  • Bruce White, 2024. "Fiscal – monetary coordination: A retrospective," Treasury Analytical Notes Series an24/07, New Zealand Treasury.
  • Handle: RePEc:nzt:nztans:an24/07
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    File URL: https://www.treasury.govt.nz/sites/default/files/2024-08/an24-07.pdf
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