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  1. List of references

  1. New Zealand learns from the sidelines of the crisis. Alan Bollard. The Banker Magazine, 03 September 2012.

  2. Macroeconomics. Paul Krugman, Robin Wells, Elizabeth Sawyer Kelly Macmillan. Second edition 2009.

  3. A New Macro-Prudential policy framework for New Zealand - final policy position. Reserve Bank of New Zealand, May 2013.

  4. Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory. Thomas I. Palley, German Macroeconomic Policy Institute, 8/2011.

  5. Alan S. Blinder, Michael Ehrmann, Marcel Fratzscher, Jakob De Haan and David-Jan Jansen. Central Bank Communication and Monetary Policy. European Central Bank. Working Paper Series. No 898 / May 2008. 

  6. Explaining New Zealand’s Monetary Policy. Reserve Bank of New Zealand, reprinted September 2009.

  7. Reserve Bank of New Zealand Act 1989.

  8. Doing Business 2014. Economy Profile. New Zealand. World Bank.

  9. New Zealand Monetary Policy Statement December 2005

  10. New Zealand Monetary Policy Statement June 2007

  11. New Zealand Monetary Policy Statement December 2008

  12. New Zealand Monetary Policy Statement September 2008

  13. New Zealand Monetary Policy Statement December 2010.

  14. New Zealand Monetary Policy Statement March 2011

  15. New Zealand Monetary Policy Statement December 2013

  16. New Zealand Policy Targets Agreement. September 2012

  17. The Economist Intelligence Unit. Country Fact sheet, December 17 2013.

  18. New Zealand at a glance: 2014-18. Rebecca Jackson-Young, Fung Siu. November 2013.

  19. http://www.rbnz.govt.nz/monetary_policy/monetary_policy_statement/ - Reserve Bank of New Zealand Monetary Policy Statement section.

  20. http://www.cognito.co.nz/nzgstchange.php - software site, informing about the change in New Zealand rate of GST.

  21. http://www.doingbusiness.org/data/exploreeconomies/new-zealand?topic=trading-across-borders – World Bank internet site on Doing Business summary data.

  22. http://www.cbr.ru/statistics/print.asp?file=credit_statistics/refinancing_rates.htm - Official site of the Central Bank of Russia – refinancing rate.

  23. www.rbnz.govt.nz – the official website of the Reserve Bank of New Zealand;

  24. www.oanda.com – the currency site

1 Explaining New Zealand Monetary Policy. Reserve Bank of New Zealand. ISBN 0-978-9582675-3-3, page 3.

2 Source: http://www.cbr.ru/statistics/print.asp?file=credit_statistics/refinancing_rates.htm

3 Source: http://www.doingbusiness.org/data/exploreeconomies/new-zealand?topic=trading-across-borders

4 Reserve Bank of New Zealand. Policy Targets Agreement, 20 September 2012, page 2.

5 Explaining New Zealand Monetary Policy. Reserve Bank of New Zealand. ISBN 0-978-9582675-3-3, page 22-23.

6 New Zealand learns from the sidelines of the crisis. By Alan Bollard. The Banker, September 2012, page 1.

7 Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory. Thomas I. Palley, June 2011, page 1

8 Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory. Thomas I. Palley, June 2011, page 3.

9 Reserve Bank of New Zealand. Explaining New Zealand’s Monetary Policy, ISBN 0-978-9582675-3-3 2009, pages 3-4.

10 A new macro-prudential policy framework for New Zealand – final policy position. May 2013.

11 Alan S. Blinder, Michael Ehrmann, Marcel Fratzscher, Jakob De Haan and David-Jan Jansen. European Central Bank. Central Bank Communication and Monetary Policy. Working Paper Series. No 898 / May 2008, page 7.

12 Reserve Bank of New Zealand Act 1989. Article 1A Purpose.

13 The Economist Intelligence Unit. Country Fact sheet, December 17 2013.

14 Reserve Bank of New Zealand Act 1989. Part 2 Functions and Powers of Reserve Bank. Article 8 – Primary function of Bank, page 26.

15 Reserve Bank of New Zealand. A new macro-prudential policy framework for New Zealand – final policy position. May 2013, page 2.

16 Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory. Thomas I. Palley. June 2011, page 2.

17 -/-, page 3.

18 -/-, page 6

19 Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory. Thomas I. Palley. June 2011, page 9.

20 -/-, page 10

21 Monetary Policy and Central Banking after the Crisis: The Implications of Rethinking Macroeconomic Theory. Thomas I. Palley. June 2011, page 16.

22 -/-, page 16

23 Source: http://www.rbnz.govt.nz/statistics/key_graphs/inflation/

24 Reserve Bank of New Zealand. Monetary Policy Statement, September 2008, page 5.

25 Source: http://www.cognito.co.nz/nzgstchange.php

26 Reserve Bank of New Zealand. Monetary Policy Statement December 2010, page 4.

27 Source: http://www.rbnz.govt.nz/statistics/key_graphs/real_gdp/

28 Source: http://www.rbnz.govt.nz/statistics/key_graphs/real_gdp/

29 Source: http://www.rbnz.govt.nz/statistics/key_graphs/mortgage_rates/

30 Source: http://www.rbnz.govt.nz/statistics/key_graphs/house_prices_values/

31 Source: http://www.rbnz.govt.nz/statistics/key_graphs/household_debt/

32 Source: http://www.rbnz.govt.nz/statistics/key_graphs/current_account/

33 Source: http://www.rbnz.govt.nz/statistics/key_graphs/90-day_rate/

34 Sources: http://www.oanda.com/lang/ru/currency/historical-rates/, http://www.rbnz.govt.nz/statistics/key_graphs/exchange_rate/

35 Source: http://www.rbnz.govt.nz/statistics/key_graphs/employment/

36 Source: http://www.rbnz.govt.nz/monetary_policy/ocr/

37 Reserve Bank of New Zealand. Monetary Policy Statement December 2005, page 5.

38 Reserve Bank of New Zealand. Monetary Policy Statement December 2005, page 13.

39 Source: http://www.rbnz.govt.nz/statistics/tables/m5/

40 Reserve Bank of New Zealand. Monetary Policy Statement, December 2005, page 1.

41 Reserve Bank of New Zealand: Monetary Policy Statement, December 2005, page 3.

42 Reserve Bank of New Zealand: Monetary Policy Statement, June 2007, page 3.

43 Reserve Bank of New Zealand: Monetary Policy Statement, June 2007, page 7.

44 Reserve Bank of New Zealand: Monetary Policy Statement, June 2007, p. 15

45 Reserve Bank of New Zealand: Monetary Policy Statement, December 2008, p.2

46 Reserve Bank of New Zealand. Monetary Policy Statement December 2008, page 3.

47 Reserve Bank of New Zealand: Monetary Policy Statement, December 2008, p.3

48 Reserve Bank of New Zealand: Monetary Policy Statement, March 2011, p. 3

49 Reserve Bank of New Zealand. Monetary Policy Statement March 2011, pages 3-4.

50 Reserve Bank of New Zealand. Monetary Policy Statement December 2013, page 4.

51 Reserve Bank of New Zealand. Monetary Policy Statement December 2013, page 8.

52 Reserve Bank of New Zealand. Monetary Policy Statement December 2013, page 13.

53 Reserve Bank of New Zealand. Monetary Policy Statement December 2013, page 22.

54 Source: http://www.cbr.ru/statistics/print.asp?file=credit_statistics/refinancing_rates.htm

55 The Economist Intelligence Unit. New Zealand Economic Forecast. November 21, 2013.

56 World Bank Doing Business Report 2014. Economy Profile: New Zealand.

19

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