RDP 8702: Open Market Operations in Australia: A U.S. Perspective References

Canzoneri, Mathew, Dale Henderson, and Kenneth Rogoff (1983) “The Information Content of Interest Rates and the Effectiveness of Monetary Policy Rules”. Quarterly Journal of Economics, 98, 545–566.

Cukierman, Alex and Allan H. Meltzer (1986) “A Theory of Ambiguity, Credibility, and Inflation Under Discretion and Asymmetric Information”. Econometrica, 54, 1099–1128.

Dotsey, Michael (1986) “Japanese Monetary Policy, a Comparative Analysis”. Bank of Japan Monetary and Economic Studies, 4, 105–127.

Dotsey, Michael (1987) “Monetary Control Under Alternative Operating Procedures”. Federal Reserve Bank of Richmond, processed.

Dotsey, Michael and Robert G. King (1983) “Monetary Instruments and Policy Rules in a Rational Expectations Environment”. Journal of Monetary Economics, 12, 357–382.

Dotsey, Michael and Robert G. King (1986) “Informational Implications of Interest Rate Rules”. American Economic Review, 76, 33–42.

Farmer, David (1984–85) “The Australian Interbank Money Market”. Bulletin of Money, Banking and Finance, 46, 1–31.

Friedman, Milton (1982) “Monetary Policy: Theory and Practice”. Journal of Money Credit and Banking, 98–118.

Goodfriend, Marvin (1983) “Discount Window Borrowing, Monetary Policy, and the Post-October 6, 1979 Federal Reserve Operating Procedures”. Journal of Monetary Economics, 12, 343–356.

Levin, Fred J. and Ann-Marie Meulendyke (1982) “Monetary Policy: Theory and Practice, A Comment”. Journal of Money Credit and Banking, 399–403.

Lucas, Robert J (1973) “Some International Evidence on Output-Inflation Tradeoffs”. American Economic Review, 63, 326–334.

McCallum, Bennett T (1980) “Rational Expectations and Macroeconomic Stabilisation Policy”. Journal of Money Credit and Banking, 12, 716–746.

McCallum, Bennett T (1981) “Price Level Determinancy with an Interest Rate Policy Rule and Rational Expectation”. Journal of Monetary Economics, 8, 319–329.

McCallum, Bennett T (1986) “Some Issues Concerning Interest Rate Pegging, Price Level Determinary, and the Real Bills Doctrine,” Journal of Monetary Economics, 17, 135–160.

McCallum, Bennett T. and James G. Hoehn (1983) “Instrument Choice for Money Stock Control with Contemporaneous and Lagged Reserve Accounting”. Journal of Money Credit and Banking, 15, 96–101.

Macfarlane, I.J. (1984) “Methods of Monetary Control in Australia”. Paper presented at the New Zealand Association of Economists Annual Conference, Massey University. Reprinted in The Economics and Management of Financial Institutions, J.D. Jutlner and T. Valentine (eds) Longman Cheshire (forthcoming).

Macfarlane, I.J. (1986) “Open Market Operations Since the Float”. Reserve Bank of Australia Bulletin.

McKibbin, Warwick (1987) “Monetary Policy Credibility: A Survey of the Issues”. In process.

Meek, Paul (1985) “Open Market Operations – A Brief Comparative Study”. Paper presented at Seminar on Central Banking International Monetary Fund.

Poole, William (1970) “Optional Choice of Monetary Instruments in a Simple Stochastic Macro Model”. Quartery Journal of Economics, 84, 197–216.

Poole, William (1981) “Australian Monetary Policy: An Outsiders View”. Paper presented at 51st ANZAAS Congress.

Reserve Bank of Australia (1985) “The Reserve Bank's Domestic Market Operations”. Reserve Bank of Australia Bulletin.

Reserve Bank of Australia, “Market Operations and Monetary Control: A Comparison of the U.S., U.K. and Australia”, processed.