Debelle calls for more thought on financial stability independence

FXW Australia 17 Guy Debelle 2
Guy Debelle: financial stability should be a hot topic for PhD students
Jesse Taylor Photography

Economists should devote the same kind of thought to financial stability frameworks that they devoted in the 1990s to monetary policy independence, the Reserve Bank of Australia’s Guy Debelle said today (September 28).

Debelle, now deputy governor at the RBA, helped establish the intellectual underpinnings of monetary policy independence in his 1994 paper with Stanley Fischer, who was supervising Debelle’s PhD at the time. The pair distinguished goal and instrument independence, arguing the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: