RBA Annual Conference – 1989 Studies in Money and Credit

20 June 1989

Editors: Ian Macfarlane and Glenn Stevens

A range of prominent Australian academic, business and policy economists participated in the 1989 conference. Four of the papers presented at the conference were written by Bank economists, and a fifth was written jointly by Bank economists and Professor Victor Argy of Macquarie University. The 1989 conference was the first in the continuing series of conferences held annually by the Reserve Bank of Australia.

Contents

• Foreword
  MJ Phillips, Reserve Bank of Australia
• Overview: Monetary Policy and the Economy
  Ian Macfarlane and Glenn Stevens, Reserve Bank of Australia
• Monetary Targeting: The International Experience
  Victor Argy, Macquarie University
  Anthony Brennan and Glenn Stevens, Reserve Bank of Australia
• The Relationship Between Financial Indicators and Economic Activity: 1968–1987
  Michele Bullock, Dirk Morris and Glenn Stevens, Reserve Bank of Australia
• The Relationship Between Financial Indicators and Economic Activity: Some Further Evidence
  Glenn Stevens and Susan Thorp, Reserve Bank of Australia
• Changes in the Behaviour of Banks and Their Implications for Financial Aggregates
  Ric Battellino and Nola McMillan, Reserve Bank of Australia
• Monetary Policy Instruments: A Theoretical Analysis
  Malcolm Edey, Reserve Bank of Australia
• Summary of Conference Discussion
• List of Participants