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The Reserve Bank of New Zealand Bulletin articles
Quarterly that explores issues related to both central banking and the New Zealand economy. On the record speeches of the Governor and Deputy Governors also featured regularly.
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The Reserve Bank of New Zealand Bulletin back issues
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Recent articles from The Reserve Bank of New Zealand Bulletin
Editor's note.(Reserve Bank Bulletin)
March 1, 2009... In this edition of the Reserve Bank Bulletin we present five articles covering a range of topics.
Our first article, by Mizuho Kida, discusses financial vulnerability in the household sector. Between 2001 and 2008, aggregate household debt more than doubled, alongside similarly rapid...
Financial vulnerability of mortgage-indebted households in New Zealand--evidence from the Household Economic Survey.
March 1, 2009... Aggregate household debt more than doubled between 2001 and 2008, alongside similarly rapid increases in house prices. Aggregate data, however, cannot tell us which types of households--by income and assets--have built up the most debt over the period, which is important for assessing their...
Thinking about more than one thing at a time: Eric Leeper on monetary and fiscal policy interactions.(Interview)
March 1, 2009... Eric Leeper, Professor of Economics at Indiana University, visited New Zealand in October and November 2008 as part of the Professorial Fellowship in Monetary and Financial Economics sponsored by the Reserve Bank of New Zealand and Victoria University of Wellington. (1) Professor Leeper is...
Recent trends and developments in currency.
March 1, 2009... This article reviews trends in the use of currency in New Zealand and reports developments of particular interest. The value of currency in circulation continues to grow, but there was an unusual increase in high-denomination notes late in 2008, associated with public nervousness about the...
Overview of a recent Reserve Bank workshop: nowcasting with model combination.
March 1, 2009... In December 2008, jointly with the Bank for International Settlements, the Reserve Bank hosted a workshop entitled "Nowcasting with Model Combination". This workshop was an opportunity for central bank practitioners and local and offshore academics to discuss recent technical advances in how...