Research Discussion Paper – RDP 9507 Macroeconomic Policies and Growth


This paper was prepared for a conference on Productivity and Growth, held by the Reserve Bank of Australia, 10–11 July 1995. The opinions expressed are those of the authors and should not be attributed to the Reserve Bank of Australia. We are very grateful to Bruce Preston for his able and enthusiastic research assistance, to Bob Gregory, Mike Keating, John Pitchford, John Quiggin and colleagues at the Reserve Bank for helpful comments. Alas, all remaining errors are our own.