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Editor's introduction.(Editorial)
June 1, 2006... This issue of the journal is, perhaps, somewhat short but, certainly, pithy (if not sweet--it's economics, after all). It starts with an interview with Edward Prescott-- Nobel laureate and one of the central figures in macroeconomics in the...
An interview with Edward C. Prescott.(Interview)
June 1, 2006... Edward Prescott is the W. P. Carey Chair of Economics at Arizona State University and (along with Finn Kydland) was awarded the Nobel Prize in Economics in 2004. He visited New Zealand, in May 2006, as part of the Southern Workshop in...
A network bypass model of cook strait ferries *.(Report)
June 1, 2006... This paper investigates whether or not deregulation and privatization lead to an increase in welfare for the narrowly defined market of ferry passenger service across Cook Strait, New Zealand. The model investigates the relationship between...
Intra & inter-regional industry shocks: a new metric with application to Australasian currency union.
June 1, 2006... 1. Introduction
Symmetry of economic shocks is a key factor to consider in assessing whether multiple countries or regions should form a currency union. For any given adjustment mechanisms within and between economies, the greater the...
Liberating middle earth: how will changes in the global trading system affect New Zealand?
June 1, 2006... 1. Introduction
Prior to 2001, New Zealand's only free trade agreement (FTA) was the Australia New Zealand Closer Economic Relations (CER) Agreement, signed in 1983. In more recent years, however, the New Zealand government has...