货币政策失误与补救措施：澳大利亚储备银行审查后的评估

IF 1 4区经济学 Q3 ECONOMICS

Australian Economic Review Pub Date : 2023-09-19 DOI:10.1111/1467-8462.12528

Ross Garnaut, David Vines

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引用次数: 0

摘要

本文回应了2023年4月20日发布的《澳大利亚储备银行评论》。我们描述了过去十年澳大利亚经济表现不佳的情况，并确定了澳大利亚储备银行错误的原因。我们建议采取补救措施，改善低通胀和低失业率的前景。恢复普遍繁荣需要更好地协调货币、财政和宏观审慎政策，以及这些政策与经济政策制定的其他方面。我们得出的结论是，虽然澳大利亚储备银行审查对澳大利亚储备银行的结构和流程提出了一些有价值的建议，但它对政策内容几乎没有提供指导。

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Monetary Policy Mistakes and Remedies: An Assessment Following the RBA Review

This article responds to the Review of the Reserve Bank of Australia (RBA), which was released on 20 April 2023. We describe the underperformance of the Australian economy over the past decade, and identify the contribution of RBA mistakes. We suggest remedies that would improve prospects for low inflation and unemployment. Returning to general prosperity requires better coordination of monetary, fiscal and macro-prudential policy and of these with other aspects of economic policy-making. We conclude that while the RBA Review makes some valuable suggestions about structure and process at the RBA, it provides little guidance on the content of policy.

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来源期刊

Australian Economic Review ECONOMICS-

CiteScore

1.90

自引率

10.00%

发文量

期刊介绍： An applied economics journal with a strong policy orientation, The Australian Economic Review publishes high-quality articles applying economic analysis to a wide range of macroeconomic and microeconomic topics relevant to both economic and social policy issues. Produced by the Melbourne Institute of Applied Economic and Social Research, it is the leading journal of its kind in Australia and the Asia-Pacific region. While it is of special interest to Australian academics, students, policy makers, and others interested in the Australian economy, the journal also considers matters of international interest.