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Editor's introduction.
December 1, 2006... This issue of the journal has two related themes: macroeconomics and the relationship between New Zealand and Australia. The issue starts with the citation for Peter Lloyd, a new Distinguished Fellow of the NZAE. Professor Lloyd was born in New...
Distinguished fellow citation, NZAE: Peter Lloyd.(Biography)
December 1, 2006... When Professor Peter Lloyd was awarded his Distinguished Fellow's award from the Australian Economic Society, the citation was co-authored by Max Corden (Corden and Jayasuriya (2006)). In trade research terms that is akin to a northern...
A simple, structural, and empirical model of the antipodean transmission mechanism *.
December 1, 2006... 1.0 Introduction
This paper studies the transmission of business cycles and the sources of economic fluctuations in Australia and New Zealand. It does so by estimating a fully specified, optimization-based dynamic stochastic general...
The costs of inflation in Australia and New Zealand.
December 1, 2006... 1 Introduction
Quantifying the costs of inflation is a central yet difficult issue in monetary economics. Following public finance methodology, Martin Bailey (1956) proposes to measure the costs of inflation by the loss in terms of...
Analysis of the relationship between the share market performance and exchange rates in New Zealand: a cointegrating Var approach.
December 1, 2006... This study employs the cointegrating VAR approach to characterise the relationships between the five exchange rates comprising the TWI and the share market in New Zealand. Weekly data covering January 1999 to June 2006 are analysed. The study...
Ethnicity and academic success at University.
December 1, 2006... Differences in academic performance at university across several ethnic groups are examined using information from the transcripts of over 3, 000 students at a large urban university. Both Grade Point Average (GPA) and the discontinuation of...
Productivity: Philpott versus stats.(Report)
December 1, 2006... Introduction
Statistics New Zealand has only recently completed new estimates of national productivity for the economy. The new figures refer to what Statistics calls the "measured sector" of the economy. This definition excludes some...
Recursive Macroeconomic Theory, by Lars Ljungqvist and Thomas J. Sargent.(Book review)
December 1, 2006... Recursive Macroeconomic Theory, by Lars Ljungqvist and Thomas J. Sargent, The MIT Press, Cambridge, MA, 2004 (2nd edition), pp. 1200, by Begona Dominguez, Department of Economics, The University of Auckland.
This book, as the title says, is...
Erratum.(Correction notice)
December 1, 2006... The June, 2006, issue of this journal included an interview with Professor Edward C. Prescott. In the preamble to interview, a list of sponsors for his visit to New Zealand was mentioned, but one sponsor was inadvertently omitted: the Business...
New editor.(Brief article)
December 1, 2006... The new editor of the NZEP is Associate Professor Ananish Chaudhuri, at the University of Auckland. New submissions to the journal should be sent to nzep_@auckland.ac.nz.