The Determinants of RBA Target Rate Decisions: A Choice Modelling Approach

This article examines the determinants of Reserve Bank of Australia (RBA) target rate decisions in the period following the introduction of inflation targeting (1993–2012). A choice modelling approach reveals asymmetry in RBA policy such that the RBA is more concerned about inflation rising above th...

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Bibliographic Details
Main Author: Smales, Lee
Format: Journal Article
Published: Wiley-Blackwell Publishing Asia 2013
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/14439