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Comments on: RBNZ gives its frame for the debate on manufacturing and the exchange rate! http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/ The Visible Hand in Economics Thu, 14 Mar 2013 03:28:43 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Keeping it all together on bond sales | The Dismal Science http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/#comment-40617 Thu, 14 Mar 2013 03:28:43 +0000 http://www.tvhe.co.nz/?p=8302#comment-40617 […] of some structural issues in our economy?  If so this could be bad.  Is it because, as the RBNZ seems to believe, there is a bubble in the dollar/bond markets – if so we have people overpaying New […]

]]> By: Trade-offs run both ways | Fifth Estate http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/#comment-40590 Thu, 28 Feb 2013 12:30:02 +0000 http://www.tvhe.co.nz/?p=8302#comment-40590 […] you would expect me to nod and agree.  I’ve been talking about (*,*,*) a “high” real exchange rate, “high” interest rates, and low “competitiveness” […]

]]> By: The exchange rate as a price | The Dismal Science http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/#comment-40572 Tue, 26 Feb 2013 21:00:35 +0000 http://www.tvhe.co.nz/?p=8302#comment-40572 […] in place.  The persistently high real exchange rate is an issue that has caused some concern (*,*,*) – but “solving” any perceived problem here does not lead us to the conclusion of arbitrarily […]

]]> By: Remember the dollar is a price – work from there | Fifth Estate http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/#comment-40543 Thu, 21 Feb 2013 12:16:27 +0000 http://www.tvhe.co.nz/?p=8302#comment-40543 […] Via James I see that the Financial Times has given a strange write-up of the RBNZ speechfrom yesterday (my view here). […]

]]> By: Remember the dollar is a price – work from there | The Dismal Science http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/#comment-40542 Thu, 21 Feb 2013 02:01:14 +0000 http://www.tvhe.co.nz/?p=8302#comment-40542 […] Via James I see that the Financial Times has given a strange write-up of the RBNZ speech from yesterday (my view here). […]

]]> By: Matt Nolan http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/#comment-40534 Wed, 20 Feb 2013 20:47:00 +0000 http://www.tvhe.co.nz/?p=8302#comment-40534 In reply to Eric Crampton.

I agree with you, and I actually don’t know what the RBNZ narrative on the currency is tbh.

At least they’ve stopped saying currency war.

]]> By: Eric Crampton http://www.tvhe.co.nz/2013/02/21/rbnz-reframes-the-debate-on-manufacturing-the-exchange-rate/#comment-40533 Wed, 20 Feb 2013 20:44:00 +0000 http://www.tvhe.co.nz/?p=8302#comment-40533 Way more plausible that lots of countries find low rates optimal given inflation/AD.

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