James Graham
@econjamesgraham.bsky.social
Senior Lecturer in Economics at University of Sydney. https://www.jamesandrewgraham.com/
Because: (1) firms (I.e. investment and hiring decisions) are sensitive to interest rates; (2) government spending/taxes is sensitive to interest rates; and (3) non-interest sensitive households are sensitive to the changes in employment, income, and govt. spending/taxes in (1) and (2).
December 1, 2024 at 2:34 AM
Because: (1) firms (I.e. investment and hiring decisions) are sensitive to interest rates; (2) government spending/taxes is sensitive to interest rates; and (3) non-interest sensitive households are sensitive to the changes in employment, income, and govt. spending/taxes in (1) and (2).
Why Women Have Better Sex Under Socialism - Wikipedia
en.m.wikipedia.org
November 28, 2024 at 3:27 AM
Of not much in particular. The Monetary Policy Remit signed by the same govt that threw out the dual mandate introduced an expectation of: “avoiding unnecessary instability in employment” (www.rbnz.govt.nz/-/media/proj...).
You say potatoes, I say potahtoes.
You say potatoes, I say potahtoes.
www.rbnz.govt.nz
November 22, 2024 at 2:04 PM
Of not much in particular. The Monetary Policy Remit signed by the same govt that threw out the dual mandate introduced an expectation of: “avoiding unnecessary instability in employment” (www.rbnz.govt.nz/-/media/proj...).
You say potatoes, I say potahtoes.
You say potatoes, I say potahtoes.
Tbf, no one seriously thought NZ’s dual mandate changed monetary policy decision making (www.yahoo.com/news/nz-robe...). Was mostly cosmetic.
NZ’s Robertson Says Dual Mandate Didn’t Change RBNZ Decisions
(Bloomberg) -- New Zealand Finance Minister Grant Robertson has defended the central bank’s dual mandate as “normal” and not something that’s caused inflation or interest rates to be unnecessarily hig...
www.yahoo.com
November 22, 2024 at 1:23 PM
Tbf, no one seriously thought NZ’s dual mandate changed monetary policy decision making (www.yahoo.com/news/nz-robe...). Was mostly cosmetic.
Australia appears to be running several bad ideas up the flagpole at the moment…
November 22, 2024 at 1:19 PM
Australia appears to be running several bad ideas up the flagpole at the moment…