Describe the concept of a neutral interest and its role in


Assignment

Length: 800-word review.

McCririk, R. and Dees, D. (2017) ‘The Neutral Interest Rate', Reserve Bank of Australia Bulletin (September Quarter), pp. 10-18.

Topic: Concept of a Neutral Interest and its role in the formulation of Monetary Policy

Note

You should summarise and appraise the article in relation to the prescribed topic, demonstrating an understanding of the authors' fundamental argument and its strengths and weaknesses. Students are encouraged to employ additional references to understand the prescribed topic and to form an informed view of the authors' argument.

In your review you are expected to summarize and appraise the article. You need therefore to focus on showing your understanding of the content of the article and the author's argument. You are encouraged to research more widely and use other references to understand the topic to better assess the article. To get an idea of how to write a review you should look at book reviews published by journals.[1]

[1] For an example, I can refer you to a book review I, the lecturer, has published in a journal (though not exactly the same as an article review):

Smith, M. (2012) Review of The Coming of Age of Information Technologies and the Path of Transformational Growth(Author: Davide Gualerzi), in Review of Political Economy, vol. 24: 4, pp. 663-5.

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