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Vital Signs: RBA governor Philip Lowe's dangerous game on interest rates

  • Written by The Conversation

There’s an idea in economics that policy makers need at least one tool for each target at which they are aiming. Fewer tools than targets will mean not achieving all goals.

This is known as the Tinbergen Rule (named for the famed Dutch economist Jan Tinbergen, who shared the first Nobel prize of economics in 1969). It has particular...

Read more: Vital Signs: RBA governor Philip Lowe's dangerous game on interest rates

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