Different Matters by Damien Grant cover image

Different Matters with Dr Don Brash

Different Matters by Damien Grant

CHAPTER

Economic Models and Central Bank Independence

The chapter delves into the historical context of managing economic decisions, discussing figures like Roger Kerr and the establishment of an independent central bank. It explores the complexities of economic models like the Phillips curve, highlighting the relationship between inflation, unemployment, and expectations. The conversation also touches on the responsibilities and pressures of maintaining inflation targets, emphasizing the importance of managing expectations for driving economic outcomes.

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